Legacy Properties Sotheby's International Realty

What Legacy Properties Sotheby's International Realty does

Legacy Properties Sotheby's International Realty is an independently owned franchisee of Sotheby's International Realty Affiliates LLC, operating a luxury residential real estate brokerage headquartered in Portland, Maine. Founded in 2006 by Chris Lynch, a former Wall Street professional, the firm runs six offices along the Maine coast (Kennebunk, Portland, Brunswick, Damariscotta, Camden, and Northeast Harbor) and serves buyers and sellers across 70+ towns in Maine and New Hampshire with 100+ full-time licensed agents. The company specializes in luxury, waterfront, and lifestyle properties, including oceanfront estates, lakefront homes, island retreats, and properties in Maine's distinctive coastal communities.

The underlying platform is built around the Sotheby's International Realty brand and its global marketing infrastructure, which provides property distribution to 26,000 sales associates across 1,100 offices in 86 countries. Proprietary and partner-supplied technology includes Matterport 3D virtual tours, professional photography, video, aerial imagery, and floorplans, along with a digital property search portal at legacysir.com and integration with sothebysrealty.com. Supporting services include buyer representation, seller marketing programs, an online home valuation tool, vacation rentals via luxurymainerentals.com, Sotheby's auction services, and a charitable giving program.

The business model is commission-based: revenue is generated as a percentage of transaction price on closed sales, with agents typically retaining the majority of gross commission income and the brokerage retaining a smaller split after Sotheby's franchise fees. In 2025, the firm closed 1,076 transaction sides with total sales volume exceeding $1.12 billion and an average sales price of $1,048,878, ranking #1 in Maine for luxury sales ($710.8M, 357 transactions over $1M) and waterfront sales ($494M, 319 units). Customer concentration is inherently low given the fragmented individual buyer/seller base, and revenue is highly cyclical with the Maine luxury housing market.

Name

Legacy Properties Sotheby's International Realty

Legal name

Legacy Properties Sotheby's International Realty

Website

https://legacysir.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

101–250 employees

Short description

Legacy Properties Sotheby's International Realty is an independently owned luxury real estate franchisee operating six offices along the Maine coast and serving affluent buyers and sellers of waterfront, coastal, and lifestyle properties across Maine and New Hampshire.

Ownership category

akta.pro rank

Product category

Luxury Real Estate Brokerage

NAICS

Offices of Real Estate Agents and Brokers (53121)

SIC

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

akta.pro primary industry

Luxury & High-End Residential Brokerage (BPAJAAAC)

akta.pro secondary industry

Traditional Residential Brokerage (Existing Homes) (BPAJAAAA)

Keywords

• Luxury real estate brokerage
• Residential property sales
• Buyer seller representation
• Waterfront property marketing
• Real estate auctions

Headquarters

HQ city

Portland

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Marketing or Sales

Revenue model

1. Real Estate Commission: Traditional real estate brokerage commission on property transactions. The company closed 1,076 transaction sides with total sales volume exceeding $1.12 billion in 2025. Commission is typically a percentage of the transaction price.
2. Luxury Property Sales: Specialized luxury property transactions over $1 million, with 357 luxury transactions and $710.8 million in luxury sales volume in 2025.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels9 records

Core offering

Legacy Properties Sotheby's International Realty is a luxury real estate brokerage that provides buyer and seller representation, professional property marketing, and transaction negotiation for high-value residential properties across Maine and New Hampshire. The firm operates as an independently owned franchisee of Sotheby's International Realty Affiliates LLC, distributing listings through the global Sotheby's network of 26,000 associates across 1,100 offices in 86 countries and territories. Its specialization is in luxury and waterfront property, supported by 100+ licensed agents across six coastal Maine offices.

Product overview

Legacy Properties Sotheby's International Realty operates as a luxury real estate brokerage offering a unified platform combining digital property search, buyer/seller representation services, and specialized property categories. The core offering includes the Legacy Properties SIR website platform with integrated property listings database, Waterfront Real Estate specialization, and Lifestyle Property Categories (Boating, Equestrian, Golf, Lakes, Ocean, Privacy, Rivers, Waterfront, Water View). Supporting services include Home Valuation tools, Seller Marketing Services with professional photography and Sotheby's network distribution, Buyer Representation with negotiation and due diligence support, Vacation Rentals through a dedicated portal, the Legacy's Legacy charitable giving program, and Sotheby's Auction Services for specialized property sales. The company maintains six offices across Maine (Kennebunk, Portland, Brunswick, Damariscotta, Camden, Northeast Harbor) and operates under the Sotheby's International Realty brand umbrella.

Differentiator

Problem solved

Functional benefit

Products and services

• Buyer Representation Services
• Seller Marketing Services
• Waterfront Real Estate Brokerage

Quantifiable outcome

• $1.12 billion in total sales volume in 2025
• +4 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Sotheby's International RealtyflagshipChannel Partner/ Reseller/ DistributorSotheby's International Realty franchise partnership providing global brand licensing, marketing platform, and network distribution. Legacy Properties operates as a branded franchisee with access to 26,000 sales associates across 1,100 offices in 86 countries and territories. The partnership provides international property exposure and access to global buyer network.

Scale indicators15 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• William Pitt Sotheby's International Realty: Another New England–focused Sotheby's International Realty franchisee with comparable luxury residential brokerage footprint across Connecticut and adjacent markets. Directly comparable as a same-brand regional franchisee serving affluent lifestyle markets with shared marketing platform, agent network, and global buyer access through Sotheby's.
• LandVest: Independent luxury real estate brokerage specializing in distinctive properties, waterfront estates, and high-end residential sales throughout New England. Most direct non-franchise comparable for Legacy Properties given its luxury, waterfront, and lifestyle specialization in the same Northern New England geography.
• Kinlin Grover Compass Real Estate: Regional New England luxury and waterfront brokerage now part of the Compass network, with deep Cape Cod and coastal Massachusetts presence. Comparable on coastal luxury and lifestyle focus, and a relevant competitor for buyer flow in adjacent luxury markets to Legacy Properties' Maine footprint.
• Premier Sotheby's International Realty: Independent Sotheby's International Realty franchisee with strong dominance in luxury residential markets along Florida's Gulf Coast. Closely comparable as a same-brand regional franchisee achieving #1 market share in luxury and waterfront segments—mirror image of Legacy Properties' Maine position.

Broad incumbents

• Compass: National technology-driven real estate brokerage with a strong luxury focus and rapidly growing agent base. Represents the broadest competitive threat to Legacy Properties in the luxury segment via national brand, capital, and tech platform, though without Legacy's regional depth in Maine.
• Engel & Völkers: International luxury real estate franchise brand with a strong European buyer base and growing U.S. presence. Comparable to Legacy Properties on luxury positioning and franchise/distribution model; overlaps on global HNW buyer flow and premium positioning.
• Coldwell Banker Realty: Long-established national real estate brokerage with significant luxury segment share via its Coldwell Banker Global Luxury program. Represents the largest incumbent competitor with broad agent coverage and brand awareness, although without Legacy's concentrated regional dominance.
• Berkshire Hathaway HomeServices: National real estate franchise leveraging the Berkshire Hathaway brand, with growing luxury exposure. Comparable as a broad, brand-anchored incumbent in the U.S. residential brokerage space, including upper-tier markets where Legacy Properties competes.
• The Corcoran Group: Luxury-focused real estate brand with affiliated independent brokerages along the U.S. East Coast. Comparable on luxury brand positioning and affiliation-style network model, though concentrated more on primary metro luxury markets than Legacy's coastal lifestyle focus.
• Better Homes and Gardens Real Estate (BHGRE): National real estate franchise affiliated with the Better Homes and Gardens media brand, with growing luxury presence. Comparable as a broad network-model incumbent competing in upper-tier residential markets, though without Legacy's regional brand equity in Maine.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/legacysir
• YouTubeyoutube.com/legacysir
• Facebookfacebook.com/legacysir
• LinkedInlinkedin.com/company/legacy-properties-sotheby%27s-international-realty
• Instagraminstagram.com/legacysir
• Pinterestpinterest.com/legacysir

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 Legacy Properties Sotheby's International Realty