Key facts
- Sotheby's International Realty has acquired Majestic Realty Collective.
- The acquisition expands Sotheby's International Realty's presence in luxury and resort markets across the western U.S.
- Eight affiliates in Colorado, Utah, Nevada, and California are included in the deal.
- Majestic Realty Collective reported over $13.5 billion in sales volume for 2025.
- Existing leadership, including Scott Webber and Thomas Wright, will continue in their roles.
Sotheby's International Realty has acquired Majestic Realty Collective, a luxury real estate organization with multiple affiliates across the western United States. This strategic move significantly expands Sotheby's presence in key luxury and resort markets, integrating operations in Colorado, Utah, Nevada, and California.
The acquisition brings together 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 under the Sotheby's International Realty umbrella. These newly integrated operations will join Sotheby's existing company-owned locations in major markets such as New York City, Beverly Hills, San Francisco, Houston, and Palm Beach.
The existing leadership team of Majestic Realty Collective, including Scott Webber and Thomas Wright, will continue to guide the operations. Webber, founder and CEO of Majestic Realty II, and Wright, CEO and principal broker of Summit Sotheby’s International Realty and president and COO of Majestic Realty II, will remain instrumental in the organization's growth. Webber expressed that the alignment provides access to enhanced resources and technology while preserving local expertise and culture.
Philip White, president and CEO of Sotheby's International Realty, described the acquisition as a natural evolution of a long-standing relationship built on a shared commitment to excellence. Majestic Realty Collective's portfolio includes a development division representing over 40 new-construction and master-planned community projects. The organization has also emphasized advisor recruitment, leadership development, and operational support.
Sotheby's International Realty anticipates that the acquisition will facilitate further investment in technology, marketing, and advisor services, including access to Compass International Holdings’ proprietary Home Platform. Financial terms of the transaction were not disclosed.