BANDON – Coastal Sotheby’s International Realty opened on Jan. 3 in Bandon at 100 Seabird Drive SW, at the intersection of U.S. Highway 101 and Seabird.
The event is considered signiﬁcant, as it marks the ﬁrst time Sotheby’s International Realty has brought its global network to southern Oregon.
The ﬁrm, which is owned and operated by Hunter Finch, has served the residential real estate markets of Bandon and the southern Oregon coast for over a decade, previously doing business as Bandon Property Sales.
In addition to Finch, Coastal Sotheby’s International Realty offers the services of longtime broker Dan Cirigliano, Bob Johnson, Penny Allen, Wes Patterson and Wendy Harvey.
The Sotheby’s brand
The Sotheby’s brand name has been around since 1744 when the famous Sotheby’s Auction House was ﬁrst established in London. It has long been known and trusted for the highest quality goods and service.
Over the last decade, the brand has become a powerhouse in real estate, growing throughout the United States and globally, recognized for superior marketing, service and sales performance. Its brokers are among the highest performers in the industry.
It’s not easy
Sotheby’s International Realty is selective in picking their markets.
“It took a year of discussion and meetings before Sotheby’s International Realty made the decision to launch an oﬃce on the southern coast,” said Finch. “They did so because they see promise here -- the potential for a bright, growing future for residents and businesses.”
Why the southern Oregon coast?
In the case of southern Oregon, there are a number factors making it highly desirable for younger families, retirees and people looking for a vacation home. The area has low density, with a temperate climate, plenty of water, fresh air, a generally lower cost of living, as well as scenic beauty, and all kinds of outdoor activities that people look for.
“The southern Oregon coast is ideal for year-round living,” said Philip White, president and chief executive oﬃcer of Sotheby’s International Realty Aﬃliates LLC. “An invigorating mix of ocean, nature, and small-town living, the area caters to a relaxed lifestyle. We are proud to have Coastal Sotheby’s International Realty showcase our brand in this market.”
What does it mean for people locally?
Coastal Sotheby’s International Realty has access to the highest quality marketing available, Finch explained.
“Our access to resources previously unavailable, provides us with the ability to showcase our listings and the area like never before to a national and international market. Being chosen to be part of the Sotheby’s International Realty family is a huge honor, but the real beneﬁt is what we can now bring to our clients: the very best marketing. That’s what this is about,” Finch said.
Luxury isn’t a price point
There are some who are under the impression that the brand caters only to more expensive homes.
“Not true,” say’s Cal Lyford, regional vice president of Sotheby's International Realty Affiliates LLC. “Luxury today is deﬁned by our clients as life experiences. A list price isn’t how you deﬁne your property. Your home is the sum of experiences enjoyed there; fond and sad memories alike; the graduations, marriages, Thanksgivings, and so on. Our brand is about providing luxury service to quality homes across the board in terms of price.”
Why do people move here?
“It’s the area’s natural beauty,” said Cirigilano, who lives in North Bend. “It’s not just Bandon. The southern Oregon coast, from Florence down to Brookings, has terrific homes and locations offering pristine natural oceanfront opportunities along with lush farming valleys, wooded forests and clear, fresh rivers. It's affordable and with the outdoor activities our buyers seek."
What does the future hold?
“None of us has a crystal ball, but there are indications the economy is picking up, and
companies are looking for skilled people,” Finch said. “Bandon Dunes continues to do well and be awarded accolades. Local developers have plans for signiﬁcant improvements on the Coos Bay waterfront. And we’ve seen other major projects move forward in Coos Bay and North Bend, both historically the economic engines for the area.”
“We know all boats rise with the tide, and as the economy improves so will the fortunes of homeowners,” Finch added. “As sales velocity rises, so too will prices. As people sell their homes for more, they’ll be and feel wealthier, and spend more in the community, thus reinvesting and improving the fortunes of others.”
The fact that Coastal Sotheby’s International Realty has a new oﬃce here is yet one more indication that the economy is picking up for local residents.
Coastal Sotheby's International Realty is the second Sotheby's International Realty affiliate in Oregon. Also operating in the state is Cascade Sotheby's International Realty with 11 offices in locations including Portland, Bend and the northern Oregon coast.
Coastal Sotheby’s International Realty is located at 100 Seabird Drive SW in Bandon, at the intersection of Seabird Drive and U.S. Highway 101. For more information, call 541-347-5500 or visit BandonProperty.com.
About Sotheby’s International Realty
The Sotheby’s International Realty network currently has more than 21,000 affiliated independent sales associates located in 930 offices in 69 countries and territories worldwide. In 2016, the brand achieved a record global sales volume of $95 billion USD. Coastal 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 office is independently owned and operated.
For more information, visit www.sothebysrealty.com.