Sotheby’s International Realty Network Continues East Coast Growth

RISMEDIA, August 22, 2007—Sotheby’s International Realty Affiliates LLC has announced that it is continuing its growth in the eastern United States with the opening of Saratoga Sotheby’s International Realty in Saratoga, N.Y., and oldCape Sotheby’s International Realty in Orleans, Massachusetts.

Saratoga Sotheby’s International Realty, formerly Saratoga National Realty, is owned by Harold Reiser, Shane Newell, Bill Parker and John Burke. oldCape Sotheby’s International Realty, formerly oldcape.com, is owned by Howard Hayes and Jeff Moore.

“The addition of these two fine firms to our network of affiliates significantly advances our strong leadership in the luxury market,” said Michael R. Good, president and chief executive officer, Sotheby’s International Realty Affiliates LLC. “Saratoga Sotheby’s International Realty enjoys strong leadership and displays an in-depth knowledge of their market, and oldCape Sotheby’s International Realty has earned a stellar reputation for tremendous integrity and commitment to their clients.”

The Sotheby’s International Realty network has more than 8,000 sales associates located in more than 400 offices in the U.S. and 25 other countries and territories. Listings from Saratoga Sotheby’s International Realty and oldCape Sotheby’s International Realty will be marketed on the sothebysrealty.com global Web site. In addition to referral opportunities and great exposure generated from these sources, the firms will benefit from an association with the Sotheby’s auction house and worldwide Sotheby’s International Realty marketing programs.

Saratoga Sotheby’s International Realty’s sales associates provide their service and expertise to clients of distinctive and unique properties in the Greater Capital region and the Adirondacks of New York state with a core focus in Saratoga County. The main office is located at 432 Broadway, Suite 7, Saratoga Springs, N.Y. The phone number is (518) 580-8500.

The 26 sales associates of oldCape Sotheby’s International Realty provide their service and expertise to clients in the Eastham, Orleans, Brewster and Harwich communities and surrounding towns. The main office is located at 6 Route 6A, Orleans, Mass. The phone number is (508) 255-6000. A second office is located at 2404 Main Street, Brewster, Mass. The phone number is (508) 896-5000. The firm’s Web site is www.oldcape.com.

For more information, visit www.sothebysrealty.com.