Christie's International Real Estate

Christie's International Real Estate is a luxury real estate brokerage firm. It has a brand license from Christie's but is owned by Compass, Inc.

It has more than 400 offices and approximately 10,000 real estate agents in nearly 50 countries and territories.[1]

Notable properties brokered by the company include the Playboy Mansion in Los Angeles, California, which sold for over US$100 million in 2016.[2]

History

Christie’s International Real Estate was founded in 1987 as Great Estates.

In 1995, the Great Estates brand was acquired by Christie’s, the London-based auction house, and in 2011, Christie’s changed the name from Christie’s Great Estates to Christie’s International Real Estate.[3][1]

In December 2021, a venture led by Mike Golden and Thad Wong, co-founders of @properties, acquired Christie’s International Real Estate from Christie’s, entering into a long-term global brand licensing agreement.[4][5]

In 2024, it was acquired by Compass, Inc. for $444 million.[6]

Further reading

References

  1. Kime, Susan. A New Trend in Passion Investment: Vineyards By Christie's International Real Estate JustLuxe.com, June 4, 2013, retrieved 2013-06-25^
  2. Top real estate sales of 2016: L.A.'s record year included two $100-million sales Los Angeles Times, January 6, 2017^
  3. Global luxury real estate market showing 'strong momentum' Inman News, March 11, 2013, retrieved 2013-06-25^
  4. Holden Walter-Warner. @properties acquires Christie's International Real Estate The Real Deal, November 17, 2021^
  5. Emily Mack. @properties rebrands to @properties Christie's International Real Estate following acquisition Chicago Agent Magazine, January 27, 2022^
  6. Paulina Cachero. Compass to buy Christie's International in $444M deal Crain Communications, December 3, 2024^