Kathryn A. Korte
Executive Vice President, NRT LLC
President & CEO, Sotheby's International Realty, Inc.
Kathryn Korte was named president and chief executive officer of Sotheby's International Realty, Inc. in November 2006. In this role, she oversees the management of 32 brokerage offices and over 1,800 sales associates. Korte is also an executive vice president for NRT LLC.
Korte began her real estate career in 1984 at Sotheby's International Realty in its Manhattan brokerage division. She was appointed to director of administration for Sotheby's International Realty in 1989 with responsibility for managing the human resources department and the company's brokerage and affiliate administrative services.
From 1992 through 2005, she served as senior vice president and brokerage manager for Sotheby's International Realty's Manhattan brokerage division. During her tenure, Korte was responsible for nearly tripling profits while increasing sales volume to over $1 billion. Further growth was achieved during this period with the opening of two additional offices in Soho and the Upper West Side of Manhattan.
Following NRT's acquisition of Sotheby's International Realty, Inc. in 2004, Korte transitioned into the corporate division in 2005, serving as executive vice president and chief operating officer of the Eastern Region, consisting of 23 brokerage offices located within seven markets on the East Coast. During this time, Korte oversaw new acquisitions for Sotheby's International Realty, Inc. in Cape Cod, Massachusetts, and Westchester County, New York, which was its largest. Significant initiatives Korte spearheaded during this time included management and business restructuring in the Hamptons, Greenwich and Westchester; office expansions in Soho, East Hampton and Bridgehampton; orchestration and implementation of educational training for agents on Sotheby's International Realty, Inc.'s value proposition and listing presentation strategies; and branch manager training on agent development and recruitment strategies to assist them in hiring top producers and upgrading third- and fourth-quartile agent populations.
Korte is a member of the Westchester Board of Realtors and the Real Estate Board of New York (REBNY). She served on REBNY's Inter-Firm Committee from 1992 to 2004 and on its Board of Directors in 2003 and 2004. She is a member of The Luxury Marketing Council in New York. Korte graduated with a B.A. in Political Science from Franklin & Marshall College. She completed The Wharton School CEO Series - Leadership Program in 2005.
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