Sotheby's Acquires Majestic Realty Collective | Real Estate News

Real Estate News Today | 2 Min News | The Daily News Now! · Jul 8, 2026 · 1m

Sotheby’s International Realty just pulled off a major expansion by acquiring Majestic Realty Holdings — a powerhouse collective of eight Sotheby’s subsidiaries that closed $13 billion in sales last year and brings over 1,100 agents, mostly in the Western U.S. The deal deepens Sotheby’s footprint in luxury markets like Denver, Park City, and Lake Tahoe, where Majestic already ranked 19th nationally in 2025 sales. Founders Scott Webber and Thomas Wright are staying on to preserve Majestic’s culture and local expertise, while gaining access to Sotheby’s global network. For Sotheby’s, it’s a…