About our merger

FOR IMMEDIATE RELEASE
January 22, 2015

Lang McLaughry Real Estate, Vermont Country Properties Sotheby's International Realty and Four Seasons Sotheby's International Realty join forces

South Burlington, Vt.— Lang McLaughry Real Estate, the largest real estate firm in Vermont, with 15 offices, has merged with Four Seasons Sotheby's International Realty, which has three offices in New Hampshire. Together, they have acquired Vermont Country Properties Sotheby's International Realty, which has five offices in southern Vermont. The combined entities will operate as Four Seasons Sotheby's International Realty, with a total of 23 offices and over 220 sales associates across Vermont and New Hampshire.

Principle partners of the new firm are Staige Davis, CEO, and Buff McLaughry, COO, (Lang McLaughry Real Estate), and Stephanie Wheeler and Pam Perkins, both partners and vice presidents (Four Seasons Sotheby's International Realty). Other top executives are Tom Heney, partner and EVP, Alan DiStasio, EVP of brand development, and Lisa Coneeny, EVP of southern region.

The decision to merge was announced in a joint statement from all of the principle partners: "By bringing together three of the region's most established, locally grown agencies, we will be better positioned to offer the highest and best level of service. The name of the new company, Four Seasons Sotheby's International Realty, exemplifies the beautiful areas we represent, and we will continue to grow the strong personal ties that have anchored us in our individual communities. The affiliation with Sotheby's International Realty gives us the strength, marketing power, and global reach of a large brand with an established reputation for quality, while each of our respective agencies brings with them a storied past, loyal customers, and deep roots in the areas we serve."

Lang McLaughry Real Estate was formed in 2007 in a merger that brought together Lang Associates, founded in 1969 and owned by Staige Davis, and McLaughry Associates, founded in 1959 and owned by Buff McLaughry, to create the largest real estate firm in Vermont. The two locally owned, well-established firms offered its clients over 60 years of experience, and grew from 12 offices primarily servicing the Champlain Valley and Upper Valley to 15 offices since 2007. Now Lang McLaughry proudly serves the Champlain Valley, Central Vermont, North East Kingdom, Southern Vermont and Upper Valley. Staige Davis says, "We have been continually committed to offering the best real estate services in the area. Joining forces with two of the region's top agencies and affiliating ourselves with a globally recognized brand such as Sotheby's International Realty will allow us to maintain that commitment to excellence, and to offer our clients an unprecedented level of service. We are excited to be working with two agencies that, like Lang McLaughry Real Estate, have deep roots and established histories in the communities they serve, and look forward to showcasing the best of what Vermont and New Hampshire have to offer."

The new Four Seasons Sotheby's International Realty will be headquartered in South Burlington and continue to maintain their local roots and focus, while leveraging the marketing resources and global reputation of the Sotheby's International Realty worldwide network. Four Seasons Sotheby's International Realty listings will also be marketed on the sothebysrealty.com global website.

Whether buyers are in the market for a full-time residence, or a second home, Four Season's Sotheby's International Realty offers unparalleled real estate services in the most desirable communities in Vermont and New Hampshire.

To learn more about Four Seasons Sotheby's International Realty, please visit http://fourseasonssir.com/.

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About Four Seasons Sotheby's International Realty
Four Seasons Sotheby's International Realty is one of the finest real estate companies in Vermont and New Hampshire, with the goal of providing its customers and clients with an exceptional level of service and unparalleled exposure. With 23 offices and over 220 highly qualified and professional associates across both states, Four Seasons Sotheby's International Realty is uniquely positioned to provide superior, innovative real estate services.

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.