|By PR Newswire||
|August 12, 2014 11:52 AM EDT||
AUSTIN, Texas, Aug. 12, 2014 /PRNewswire/ -- Kuper Sotheby's International Realty, the San Antonio-based affiliate of the Sotheby's International Realty® brand, today announced the acquisition of Austin-based Amelia Bullock Realtors. Capital City Sotheby's International Realty, owned by Kuper Sotheby's International Realty for two years, has merged with Amelia Bullock Realtors and, along with the current Kuper Sotheby's office in San Antonio, will now collectively be known as Kuper Sotheby's International Realty.
"We could not be more excited and proud to acquire and merge with one of Austin's premiere real estate agencies," J Kuper, broker of Kuper Sotheby's International Realty, said. "We know that when combined, the power of our agents, internal teams and the Sotheby's International Realty brand will cement our status as one of Central Texas' top real estate companies by any measurement."
The newly combined agency will have 139 sales associates in Austin, as well as 107 sales associates in San Antonio. With the acquisition, Kuper Sotheby's International Realty will rank fourth in Austin for total sales volume, according to the Austin Board of Realtors (ABoR) multiple listing service (MLS) and BrokerMetrics.
"Amelia Bullock Realtors and Kuper Sotheby's International Realty share the same culture and values, and are both family-owned businesses," Amelia Bullock, founder and co-owner of Amelia Bullock Realtors, said. "Both companies are known for fairness, integrity and dependability, which is why we know this is the best opportunity to provide an even brighter future for our associates."
The combined companies have executed more than 1,000 transactions in the past 12 months with a total value of approximately $600 million and an average of $511,000 per transaction. The new agency will have an average transaction price that is approximately 80 percent higher than the MLS average. Sales associates with Kuper Sotheby's International Realty are projected to have an average production that is 54 percent higher than the average sales associate in the MLS.
In 2012, J Kuper purchased Capital City Sotheby's International Realty, an eight-year-old Sotheby's International Realty affiliate with two offices—one in the Barton Creek area and one in the Bee Caves area. With the acquisition, Kuper Sotheby's International Realty now has four offices in Austin in addition to four offices in San Antonio.
Amelia Bullock Realtors was founded in 1969 by Amelia Bullock in her home and grew from three friends working together to more than 80 agents 45 years later. The brand quickly became known in Austin as a preeminent residential real estate company.
"We chose Kuper Sotheby's International Realty because they provide the right environment and opportunities for all of our associates in our real estate family," Barbara Wallace, co-owner of Amelia Bullock Realtors, said. "I look at this as a continuance of our legacy, and I hope our agents are just as proud as I am to join the No. 1 name in international real estate."
Click here to view a video about the acquisition.
Austin is Texas' fourth-largest city and has been named numerous times as the "Best City for Jobs" by Forbes Magazine, as well as "Best Big City to Live In" by CNN. More than 110 people move to the city every day according to the City of Austin, making it the fastest-growing large metro area in the country.
"The Austin and Central Texas market is one of the most active in the world, and we are seeing an increase in international interest in the area," Philip White, president and chief executive officer of Sotheby's International Realty Affiliates LLC, said. "The addition of such a distinguished agency to our already successful network of affiliates will generate additional referral opportunities for all."
The Sotheby's International Realty network currently has more than 15,000 independent sales associates located in approximately 720 offices in 52 countries and territories worldwide. Kuper Sotheby's International Realty listings will be marketed on the sothebysrealty.com global website. In addition to the referral opportunities and widened exposure generated from this source, the firm's brokers and clients will benefit from an association with the Sotheby's auction house and worldwide Sotheby's International Realty marketing programs. Each affiliate is independently owned and operated.
About Kuper Sotheby's International Realty
Charles Kuper, Sr. and Charles Kuper, Jr. founded Kuper Sotheby's International Realty in 1972 in San Antonio, Texas. In 1976, Kathleen Kuper joined her husband and son. Rick Kuper, Charles Kuper, Sr.'s brother, bought the company in 2007 after 26 years of real estate experience. Kuper Sotheby's International Realty is now under the leadership of Rick's son J who is owner and principal broker for the San Antonio and Austin offices. Rick remains an active broker and serves as president of the brokerage. The company acquired Amelia Bullock Realtors, one of Austin's preeminent residential real estate companies, in 2014. For more information, please visit www.kuperrealty.com.
About Sotheby's International Realty Affiliates LLC
Founded in 1976 to provide independent brokerages with a powerful marketing and referral program for luxury listings, the Sotheby's International Realty network was designed to connect the finest independent real estate companies to the most prestigious clientele in the world. Sotheby's International Realty Affiliates LLC is a subsidiary of Realogy Holdings Corp. (NYSE: RLGY), a global leader in real estate franchising and provider of real estate brokerage, relocation and settlement services. In February 2004, Realogy entered into a long-term strategic alliance with Sotheby's, the operator of the auction house.
The agreement provided for the licensing of the Sotheby's International Realty name and the development of a full franchise system. Affiliations in the system are granted only to brokerages and individuals meeting strict qualifications. Sotheby's International Realty Affiliates LLC supports its affiliates with a host of operational, marketing, recruiting, educational and business development resources. Franchise affiliates also benefit from an association with the venerable Sotheby's auction house, established in 1744. For more information, visit www.sothebysrealty.com.
SOURCE Kuper Sotheby’s International Realty
DevOps at Cloud Expo – being held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises – and delivering real results. Am...
Sep. 25, 2016 10:15 AM EDT Reads: 4,263
The Transparent Cloud-computing Consortium (abbreviation: T-Cloud Consortium) will conduct research activities into changes in the computing model as a result of collaboration between "device" and "cloud" and the creation of new value and markets through organic data processing High speed and high quality networks, and dramatic improvements in computer processing capabilities, have greatly changed the nature of applications and made the storing and processing of data on the network commonplace.
Sep. 25, 2016 10:15 AM EDT Reads: 799
Video experiences should be unique and exciting! But that doesn’t mean you need to patch all the pieces yourself. Users demand rich and engaging experiences and new ways to connect with you. But creating robust video applications at scale can be complicated, time-consuming and expensive. In his session at @ThingsExpo, Zohar Babin, Vice President of Platform, Ecosystem and Community at Kaltura, will discuss how VPaaS enables you to move fast, creating scalable video experiences that reach your...
Sep. 25, 2016 10:00 AM EDT Reads: 820
In his session at @DevOpsSummit at 19th Cloud Expo, Robert Doyle, lead architect at eCube Systems, will examine the issues and need for an agile infrastructure and show the advantages of capturing developer knowledge in an exportable file for migration into production. He will introduce the use of NXTmonitor, a next-generation DevOps tool that captures application environments, dependencies and start/stop procedures in a portable configuration file with an easy-to-use GUI. In addition to captu...
Sep. 25, 2016 10:00 AM EDT Reads: 983
All clouds are not equal. To succeed in a DevOps context, organizations should plan to develop/deploy apps across a choice of on-premise and public clouds simultaneously depending on the business needs. This is where the concept of the Lean Cloud comes in - resting on the idea that you often need to relocate your app modules over their life cycles for both innovation and operational efficiency in the cloud. In his session at @DevOpsSummit at19th Cloud Expo, Valentin (Val) Bercovici, CTO of So...
Sep. 25, 2016 10:00 AM EDT Reads: 1,330
Big Data has been changing the world. IoT fuels the further transformation recently. How are Big Data and IoT related? In his session at @BigDataExpo, Tony Shan, a renowned visionary and thought leader, will explore the interplay of Big Data and IoT. He will anatomize Big Data and IoT separately in terms of what, which, why, where, when, who, how and how much. He will then analyze the relationship between IoT and Big Data, specifically the drilldown of how the 4Vs of Big Data (Volume, Variety,...
Sep. 25, 2016 10:00 AM EDT Reads: 937
SYS-CON Events announced today that Pulzze Systems will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Pulzze Systems, Inc. provides infrastructure products for the Internet of Things to enable any connected device and system to carry out matched operations without programming. For more information, visit http://www.pulzzesystems.com.
Sep. 25, 2016 09:45 AM EDT Reads: 1,760
If you’re responsible for an application that depends on the data or functionality of various IoT endpoints – either sensors or devices – your brand reputation depends on the security, reliability, and compliance of its many integrated parts. If your application fails to deliver the expected business results, your customers and partners won't care if that failure stems from the code you developed or from a component that you integrated. What can you do to ensure that the endpoints work as expect...
Sep. 25, 2016 09:00 AM EDT Reads: 1,534
SYS-CON Events announced today that Secure Channels will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. The bedrock of Secure Channels Technology is a uniquely modified and enhanced process based on superencipherment. Superencipherment is the process of encrypting an already encrypted message one or more times, either using the same or a different algorithm.
Sep. 25, 2016 08:15 AM EDT Reads: 1,462
The Internet of Things can drive efficiency for airlines and airports. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Sudip Majumder, senior director of development at Oracle, will discuss the technical details of the connected airline baggage and related social media solutions. These IoT applications will enhance travelers' journey experience and drive efficiency for the airlines and the airports. The session will include a working demo and a technical d...
Sep. 25, 2016 08:00 AM EDT Reads: 1,667
WebRTC adoption has generated a wave of creative uses of communications and collaboration through websites, sales apps, customer care and business applications. As WebRTC has become more mainstream it has evolved to use cases beyond the original peer-to-peer case, which has led to a repeating requirement for interoperability with existing infrastructures. In his session at @ThingsExpo, Graham Holt, Executive Vice President of Daitan Group, will cover implementation examples that have enabled ea...
Sep. 25, 2016 08:00 AM EDT Reads: 1,485
Almost two-thirds of companies either have or soon will have IoT as the backbone of their business in 2016. However, IoT is far more complex than most firms expected. How can you not get trapped in the pitfalls? In his session at @ThingsExpo, Tony Shan, a renowned visionary and thought leader, will introduce a holistic method of IoTification, which is the process of IoTifying the existing technology and business models to adopt and leverage IoT. He will drill down to the components in this fra...
Sep. 25, 2016 08:00 AM EDT Reads: 1,496
SYS-CON Events announced today the Enterprise IoT Bootcamp, being held November 1-2, 2016, in conjunction with 19th Cloud Expo | @ThingsExpo at the Santa Clara Convention Center in Santa Clara, CA. Combined with real-world scenarios and use cases, the Enterprise IoT Bootcamp is not just based on presentations but with hands-on demos and detailed walkthroughs. We will introduce you to a variety of real world use cases prototyped using Arduino, Raspberry Pi, BeagleBone, Spark, and Intel Edison. Y...
Sep. 25, 2016 06:30 AM EDT Reads: 2,807
Most of us already know that adopting new cloud applications can boost a business’s productivity by enabling organizations to be more agile and ready to change course in our fast-moving and connected digital world. But the rapid adoption of cloud apps and services also brings with it profound security threats, including visibility and control challenges that aren’t present in traditional on-premises environments. At the same time, the cloud – because of its interconnected, flexible and adaptable...
Sep. 25, 2016 05:45 AM EDT Reads: 1,612
Technology vendors and analysts are eager to paint a rosy picture of how wonderful IoT is and why your deployment will be great with the use of their products and services. While it is easy to showcase successful IoT solutions, identifying IoT systems that missed the mark or failed can often provide more in the way of key lessons learned. In his session at @ThingsExpo, Peter Vanderminden, Principal Industry Analyst for IoT & Digital Supply Chain to Flatiron Strategies, will focus on how IoT de...
Sep. 25, 2016 05:30 AM EDT Reads: 992