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    Kathryn Korte

    Chief Executive Officer
    Sotheby's International Realty
    38 East 61st Street
    New York, NY 10022
    (212) 606-7600
    Website

    Kathryn Korte is the president and chief executive officer of Sotheby's International Realty, Inc, a residential brokerage specializing in luxury property. As of May 2015, Korte managed 41 brokerage offices and a staff of 1,800 brokers. She is also an executive vice president of NRT LLC, parent of Sothebys International Realty Inc., a residential real estate brokerage in its own right and itself a subsidiary, of Realogy Corporation. Korte, born in Chicago in 1963, grew up in Boston after the age of 10. She received a BA from Franklin and Marshall College in Lancaster, Pennsylvania, where she majored in political science. In 1984, right out of college, she joined Sothebys as an administrative assistant in the Manhattan brokerage and was quickly promoted to office manager. Korte is a rarity in the real estate world, having reached a position of power without ever working as a broker. From office administrator she moved to the brokerages human resources department. In 1992, she was named head of Sothebys Manhattan brokerage operation, and continued to move up. Her duties included overseeing acquisitions, restructuring businesses, and spearheading office expansions. In 2005, she completed the CEO Series Leadership Program of The Wharton School, Philadelphia and in 2006, she ascended to the CEO position at Sothebys.  -MK

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    01/05/2016
    While the Sotheby’s brand is “powerful globally, its influence over the real estate business is minimal. It's two separate businesses." â€' Engel & Völkers' Stuart Siegel That licensing deal earned Sotheby’s $7.2 million in fees in 2014, according to the company’s most recent proxy statement, up from $6 million in 2013 and $5 million in 2012. But Kathryn Korte, president and CEO of Sotheby’s International Realty, reckons the deal makes sense...
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