SOTHEBY'S INTERNATIONAL REALTY, INC. ACQUIRES MAJESTIC REALTY COLLECTIVE, EXPANDING
PRESENCE ACROSS PREMIER LUXURY AND RESORT MARKETS IN THE AMERICAN WEST
Majestic Realty Collective Operates Eight Sotheby’s International Realty Affiliates
NEW YORK, NY (July 8, 2026) - Sotheby's International Realty, Inc. announced today the acquisition of
Majestic Realty Holdings, LLC., one of the most productive luxury real estate organizations in North
America. The acquisition expands Sotheby's International Realty, Inc.'s footprint across premier luxury
and resort markets in the American West and strengthens its presence in key markets.
Majestic Realty Holdings, LLC. operates through its subsidiaries, which conduct business as LIV Sotheby’s
International Realty, Summit Sotheby’s International Realty, Sierra Sotheby’s International Realty, Las
Vegas Sotheby’s International Realty, Sun Valley Sotheby’s International Realty, Group One Sotheby’s
International Realty, Desert Sotheby’s International Realty and Central Coast Sotheby’s International
Realty (Majestic Realty Collective) which serve premier destinations including Denver, Boulder, Salt Lake
City, Park City, Vail, Telluride, Lake Tahoe, Palm Springs, Las Vegas, Sun Valley, Ojai, and San Luis Obispo.
These offices join Sotheby's International Realty, Inc.’s existing portfolio of operations in leading luxury
markets nationwide, including New York City, Beverly Hills, San Francisco, Houston and Palm Beach.
Majestic Realty Collective has established itself as an industry leader in advisor productivity and
strategic growth and its ownership included American Discovery Capital; Scott Webber, founder and
CEO of Majestic Realty II, LLC.; and Thomas Wright, CEO and principal broker of Summit Sotheby's
International Realty and president and COO of Majestic Realty II, LLC. It will continue to be led by its
current leadership team, including Scott Webber and Thomas Wright, while also benefiting from
Sotheby’s International Realty Inc.’s extensive industry expertise, resources, strategic guidance and
management support. The transaction preserves the leadership, culture, and local expertise that has
fueled the organization's success.
"From the beginning, we built our organization around a simple belief: exceptional advisors deserve and
benefit from a platform of personal and professional growth," said Scott Webber, founder and CEO of
Majestic Realty II, LLC. "By aligning with Sotheby's International Realty, Inc., we gain access to additional
resources and enhanced technology while preserving the local expertise and culture that has defined
our success. The Sotheby's International Realty brand has been central to our growth, and this
alignment creates even greater opportunities for our advisors while strengthening our ability to serve
clients whose lives, businesses, and investments span multiple markets."
"The acquisition of Majestic Realty Collective represents a natural evolution of a long-standing
relationship and shared commitment to excellence," said Philip White, president and CEO of Sotheby's
International Realty. "Scott, Thomas, and their teams have built one of the most admired organizations
in luxury real estate by combining entrepreneurial vision, exceptional local expertise, and an unwavering
commitment to the Sotheby's International Realty brand. Their success across many of the country's
most influential luxury and resort markets makes them an ideal addition to Sotheby’s International
Realty, Inc. and further strengthens one of the industry's premier advisor networks."
Thomas Wright, CEO and principal broker of Summit Sotheby's International Realty and president and
COO of Majestic Realty II, LLC., added, "The best just got better. This transaction brings together two
organizations that share an unwavering commitment to excellence. Our standards are non-negotiable.
We know professionalism, collaboration, and innovation are the foundation of exceptional client
experiences and successful transactions. Aligning our strengths, we're not only expanding our reach
beyond the Mountain West, but we're also raising the standard for luxury real estate. Together, we're
exceptionally well positioned to deliver greater expertise, dynamic strategies, and extraordinary results
for our advisors and their clients."
Majestic Realty Collective’s portfolio includes many of the nation's most desirable resort and secondhome
markets, as well as a growing development business representing more than 40 new-construction
and master-planned community projects. The company has also developed a reputation for attracting
and retaining top-producing advisors through its culture, leadership development programs, and
operational support platform.
This strategic combination also supports continued investment in technology, marketing, and advisor
services, providing professionals across the combined organization with accelerated access to Compass
International Holdings' proprietary Home Platform.
The announcement comes as Sotheby's International Realty celebrates its 50th anniversary and a
milestone year. The brand closed out 2025 with US$182.4 billion in global sales volume, up nearly 16%
year-over-year, and U.S. sales growth of 9.3%.
"Luxury buyers today are choosing more than a home – they're choosing access to recreation, wellness,
culture, and long-term investment value," said White. "Majestic Realty Collective’s footprint aligns
perfectly with those trends and further strengthens our ability to serve clients wherever they choose to
live, invest, and build wealth through real estate."
The financial terms of the transaction were not disclosed.
American Discovery Capital, LLC (“ADC”) served as financial advisor to Majestic Realty Collective. ADC is
a leading merchant bank focused on investing in and advising founder-led and family-owned companies
operating in the middle market. ADC made the Majestic Realty Collective investment in 2021 out of its
initial private equity fund, American Discovery Fund, L.P.
Bodman PLC served as legal advisor to Majestic Realty Collective.
Sotheby’s International Realty
Sotheby's International Realty was founded in 1976 as a real estate service for discerning clients of
Sotheby's®. Today, its global footprint spans more than 1,100 offices located in 86 countries and
territories worldwide, including more than 100 company-owned brokerage offices in key metropolitan
and resort markets. Through a long-term strategic alliance with Sotheby’s, one of the world’s premier
destinations for art and luxury, the company licenses the Sotheby’s International Realty brand for its
franchise system. The franchise system is comprised of an affiliate network, where each office is
independently owned and operated, with Sotheby’s International Realty, Inc. owning and operating an
extensive network of brokerage offices in select markets throughout the United States. Sotheby’s
International Realty supports its affiliates and agents with a host of operational, marketing, recruiting,
educational and business development resources. Affiliates and agents also benefit from an association
with Sotheby’s, established in 1744. For more information, visit www.sothebysrealty.com.
The affiliate network is operated by Sotheby’s International Realty Affiliates LLC, and the company owned
brokerages are operated by Sotheby's International Realty, Inc. Both entities are a part of Compass
International Holdings (NYSE: COMP), a global real estate services company with a presence in every major
U.S. city and in approximately 120 countries and territories. Compass International Holdings, Sotheby’s
International Realty Affiliates LLC, and Sotheby’s International Realty, Inc. fully support the principles of
the Fair Housing Act and the Equal Opportunity Act.