Sotheby’s International Realty Acquires ONE Sotheby’s

• ONE Sotheby’s International Realty has been acquired by Sotheby’s International Realty, bringing more than 1,300 agents and 31 offices across Florida’s East Coast under company ownership.
• ONE Sotheby’s has been involved in more than $10 billion in sales, with coverage extending from Miami to Jacksonville, plus Princeton and Lambertville, New Jersey.
• Daniel de la Vega and Mayi de la Vega will remain in leadership, while the brokerage moves under the Compass International Holdings umbrella.

Sotheby’s Expands Its Luxury Footprint

Sotheby’s International Realty has acquired ONE Sotheby’s International Realty, the luxury brokerage founded by Mayi and Daniel de la Vega in 2008. The transaction brings one of the brand’s largest affiliates into its company-owned brokerage platform. The acquisition covers ONE Sotheby’s operations across Florida’s East Coast, as well as its offices in Princeton and Lambertville, New Jersey. Financial terms were not disclosed.

De la Vegas Stay in Leadership

Daniel de la Vega remains CEO, while Mayi de la Vega continues as executive chair, providing continuity for agents and clients.

“I have never been more proud of where we came from, or more excited for where we are going next,” Daniel de la Vega said.

He added that the deal provides agents with “more tools and a greater reach” without compromising the firm’s “boutique feel, agility and hyper-local expertise.”

Why the Deal Matters

The acquisition is another sign of consolidation in residential brokerage, particularly across luxury markets. ONE Sotheby’s has more than 1,300 agents, 31 offices and a strong development sales operation representing projects including St. Regis Residences, Miami and Nobu Residences Miami. For luxury developers, landlords and investors, a larger company-owned platform could provide greater marketing reach, technology and access to affluent buyers while preserving established local relationships.

The Bigger Compass Strategy

The transaction comes after Compass International Holdings expanded its portfolio following its combination with Anywhere Real Estate. The broader platform now includes major brands such as Sotheby’s International Realty, Corcoran and Coldwell Banker. Sotheby’s is also bringing TTR Sotheby’s International Realty in the Washington, D.C. metropolitan area into its company-owned network, further expanding its direct presence in key luxury markets. For real estate investors and developers, the takeaway is clear: luxury brokerage continues to consolidate around scale, technology and global reach, while local expertise remains a critical selling point.