GLORIA SMITH HOMES

Sotheby's International Realty^® was founded in 1976 as a real estate service for clients of Sotheby's auction house, which was founded more than two centuries before. Since that time, we have become the world's leading luxury residential brokerage firm, meeting the needs of today's marketplace while remaining true to the principals of quality and service that Sotheby's was founded on.

Sotheby's International Realty^® is known for selling some of the world's most extraordinary estates, and our comprehensive approach to selling property has proved effective for quality listings in a range of areas and prices. While we have consistently maintained an average sales prices of approximately $1.5 million, more than 50% of annual sales are for properties priced under $1 million. The only truly international residential real estate concern, Sotheby's International Realty provides brokerage, marketing and consulting services for distinctive properties, including estates, ranches, and resorts, around the world.

Because of who we are and how we represent our clients -- because of the worldwide recognition and resect for the Sotheby's name -- our listings get the attention of the most qualified purchasers in the marketplace. Our global network of brokerage operations covers 40 U.S. states and 18 countries with 17 company-owned brokerage offices, 5 regional offices and over 175 affiliated firms. Through this network and Sotheby's International Realty's^® connection to Sotheby's live and on-line auction and finance businesses, we communicate property information quickly to an established client base. In addition, Sotheby's Lehman Mortgage Services accommodates the financing need of high-end residential real estate purchasers.

Our company-owned brokerage offices are located on the Upper East Side and SoHo in Manhattan; Southampton, Bridgehampton and East Hampton, New York; Palm Beach, Florida; Beverly Hills, Brentwood, Santa Barbara and San Francisco, California; Greenwich and Litchfield County, Connecticut; Santa Fe, New Mexico; Jackson Hole, Wyoming; Sydney, Australia; London; and Paris

Sotheby's International Realty's^® regional office manage our global network of affiliates from locations in Manhattan; Palm Beach; Newport Beach, California; Boston; and Munich, Germany.

Sotheby's International Realty^® promotes listings through a variety of targeted, proprietary publications including Preview magazine, as well as ket national newspapers and magazines. In providing maximum exposure for each property thought a range of media and proprietary channels, we are positioned to reach the right buyers at the right prices, regardless of where they are based.