Sandpiper Realty

What Sandpiper Realty does

Sandpiper Realty, Inc. is a privately held residential real estate brokerage founded in 1969 by Sharon Smith Purdu and headquartered at 60 Winter Street in Edgartown, Massachusetts, on Martha's Vineyard. The firm provides traditional brokerage services — buyer representation, seller representation, and property marketing — across all seven towns of Martha's Vineyard (Aquinnah, Chilmark, Edgartown, Oak Bluffs, Vineyard Haven, West Tisbury, and Chappaquiddick), and claims market-leadership status as the agency that "successfully markets more properties on the island than any other agency." A sister company, Sandpiper Rentals, Inc., manages over 600 vacation rental properties — luxury Katama compounds, beach cottages, Oak Bluffs Victorians, and historic Whaling Captains homes — creating a cross-referral pipeline between rental guests and prospective sales customers. The firm is currently owned and operated by Principal Broker Courtney Marek and Broker Lesley Heidt, with a roster of approximately 19 named agents, sales associates, rental specialists, and operations staff.

The technology stack is industry-standard for residential brokerage: an IDX-enabled website with property search, saved searches, neighborhood guides, and lead capture; MLS distribution through MLSPIN and LINKMV; and CRM functionality. Listings are segmented by town, price band (including dedicated luxury collections at $5M-$10M and above $10M), and property type (houses, land, condos, multi-family, commercial). The firm holds affiliations with Luxury Portfolio International, Leading Real Estate Companies of the World, and the National Association of Realtors, providing referral access for high-net-worth and international buyers. No proprietary technology, AI/ML capabilities, mobile applications, or APIs are disclosed.

Revenue is generated through transaction-based real estate commissions on sales of residential homes, luxury estates, land, commercial properties, and multi-family units, supplemented by vacation rental management fees via the sister company. The go-to-market is direct-to-consumer, relying on in-person agent interactions, phone, email, the company website, and MLS syndication. Pricing follows standard industry commission structures, with specific rates not publicly disclosed. Ownership is concentrated among co-owners Courtney Marek and Lesley Heidt, with no institutional investors, private equity backing, or parent company disclosed.

Name

Sandpiper Realty

Legal name

Sandpiper Realty, Inc.

Website

https://sandpiperrealty.com

Company type

Private

Founded year

1969

Operating status

Operating

Headcount range

1–10 employees

Short description

Sandpiper Realty is a privately held, Edgartown-based residential real estate brokerage serving buyers, sellers, and vacation rental customers across all seven towns of Martha's Vineyard. Founded in 1969, it operates with ~19 agents and a sister vacation rental company managing 600+ properties.

Ownership category

akta.pro rank

Product category

Residential Real Estate Brokerage

NAICS

Offices of Real Estate Agents and Brokers (531210)

SIC

Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Traditional Residential Brokerage (Existing Homes) (BPAJAAAA)

Keywords

• Real estate brokerage
• Residential property sales
• Luxury home marketing
• Vacation rental services
• Buyer representation

Headquarters

HQ city

Edgartown

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Real Estate Sales Commission: Traditional real estate brokerage taking commissions on property sales on Martha's Vineyard. Handles residential homes, luxury estates, land, commercial properties, and multi-family homes.
2. Vacation Rental Services: Through sister company Sandpiper Rentals, manages over 600 vacation rental properties including luxury Katama compounds, beach cottages, Oak Bluffs Victorians, and historic Whaling Captains homes.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Sandpiper Realty is a full-service residential real estate brokerage on Martha's Vineyard, Massachusetts, providing buyer representation, seller representation, and marketing services for homes, luxury estates, land, condominiums, multi-family, and commercial properties across the island's seven towns. Through its sister company Sandpiper Rentals, Inc., it also connects property owners to vacation rental management for over 600 properties. The brokerage is affiliated with Luxury Portfolio International and Leading Real Estate Companies of the World for luxury and global referral reach.

Differentiator

Problem solved

Functional benefit

Products and services

• Buyer Representation Services Full buyer-side brokerage on Martha's Vineyard: matching buyers to residential, waterfront, luxury, land, condo, multi-family, and commercial listings; accompanying showings; negotiation; and closing support. Available to individuals and households purchasing primary, vacation, or investment properties on the island.
• Seller Representation and Listing Marketing Listing brokerage and marketing services for property owners selling on Martha's Vineyard. Includes pricing guidance, MLS syndication to MLSPIN and LINKMV, affiliate exposure via Luxury Portfolio International and Leading Real Estate Companies of the World, and full transaction management.
• Vacation Rental Management (via sister company Sandpiper Rentals, Inc.) Vacation rental property management and booking for owners and renters on Martha's Vineyard, operated through affiliated sister company Sandpiper Rentals, Inc. Inventory spans luxury compounds, beach cottages, Oak Bluffs Victorians, and historic Whaling Captains homes; booking is fulfilled through the separate sandpiperrental.com site with a 600+ property portfolio.
• Luxury Real Estate Marketing via Luxury Portfolio International Premium marketing channel for luxury estates and waterfront properties priced above $5M, delivered through the Luxury Portfolio International affiliate network to reach international high-net-worth buyers.

Named customers3 records

Segments1 record

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core.

• Luxury Portfolio InternationalcoreChannel Partner/ Reseller/ DistributorLuxury real estate network providing access to international high-end property buyers and global marketing exposure for luxury listings above $5M.
• Leading Real Estate Companies of the WorldcoreChannel Partner/ Reseller/ DistributorGlobal network of independent real estate brokerages providing referral connections and marketing resources.
• National Association of RealtorscoreChannel Partner/ Reseller/ DistributorProfessional membership organization providing NAR branding, resources, and access to Realtor referral network.
• Sandpiper Rentals, Inc.coreStrategic or Co-development PartnerSister company managing over 600 vacation rental properties on Martha's Vineyard. Creates referral pipeline between sales and rental customers.

Scale indicators5 records

Recent moves6 records

Expansion highlights4 records

Others

• Luxury Portfolio International (LeadingRE member network): Global luxury real estate marketing network Sandpiper partners with to access international HNW buyers. Comparable as a referral and marketing channel partner for luxury listings, not as a direct competitor.

Direct peers

• Point B Realty: Independent Martha's Vineyard brokerage directly competing for listings and buyers in the same island towns. Closely matched on local expertise, residential brokerage model, and small-team operating scale.
• LandVest: Luxury New England brokerage with a strong Martha's Vineyard presence, directly competing for high-end listings and buyers. Comparable by product (luxury residential brokerage), geography (New England), and customer segment (HNW second-home buyers).
• Wallace & Co. Sotheby's International Realty: Martha's Vineyard affiliate of Sotheby's International Realty, competing for the same luxury and waterfront listings and HNW buyer pool. Comparable via luxury affiliation model, premium price-band focus, and island-specific operations.
• Coldwell Banker Landmarks: Long-established Martha's Vineyard brokerage operating under the Coldwell Banker brand; directly competes for residential listings and buyers across the same towns. Comparable on luxury residential focus, agent-driven GTM, and island market coverage.
• Atlantic Properties of Martha's Vineyard: Multi-office Martha's Vineyard brokerage covering several island towns, directly competing for residential listings and buyer representation. Comparable on small-team local brokerage model, residential focus, and island-specific geographic scope.

Broad incumbents

• Compass: National technology-driven luxury brokerage with a growing presence on Martha's Vineyard. Comparable on luxury residential brokerage business model; broader scale and tech stack create a competitive overhang on independent island brokerages.
• William Raveis Real Estate: Large Northeast U.S. brokerage with coastal luxury exposure, including Cape Cod and islands. Comparable on luxury residential brokerage and HNW buyer focus; broader geographic footprint creates potential competitive entry threat.

Regional players

• Kinlin Grover Real Estate: Coastal Massachusetts brokerage with strong Cape Cod presence, overlapping customer demographics with Martha's Vineyard buyers. Comparable on coastal residential brokerage model and second-home buyer segment; primarily Cape Cod-focused with island adjacency.

Emerging players

• New England Vacation Rentals / WeNeedAVacation.com: Vacation rental platform and management companies competing with Sandpiper Rentals' 600+ managed units on Martha's Vineyard. Comparable on the vacation rental management side of Sandpiper's sister-company business and on island guest acquisition.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• YouTubeyoutube.com/@SandpiperRealtyIncEdgartown
• Facebookfacebook.com/SandpiperRealty
• LinkedInlinkedin.com/company/sandpiper-realty-inc-
• Instagraminstagram.com/sandpiperrealty
• Xx.com/realestatemv

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sandpiper Realty