Atlantic Sotheby’s International Realty

What Atlantic Sotheby’s International Realty does

Atlantic Sotheby's International Realty is a privately held luxury residential real estate brokerage operating as an independently owned franchise of Sotheby's International Realty Affiliates LLC in the Hampton Roads region of southeastern Virginia. The firm is legally organized as Weaver Advantage Team, Inc., with Kris Weaver serving as President, Owner, Broker, and CEO. Its core offering is buyer and seller representation across a defined geographic footprint that includes Virginia Beach, Norfolk, Chesapeake, Portsmouth, Suffolk, Hampton, Newport News, Williamsburg, and adjacent communities, with selective listing coverage extending into North Carolina. Headcount is reported in the 101–250 range and the firm operates three physical offices — two in Virginia Beach (Expressway Drive and Laskin Road) and one in Newport News — supplemented by a wholly-owned property management subsidiary, ASIR Property Management (asirpm.com), that delivers rental management services to residential owners.

The firm's technology stack is built on the BoomTown ROI platform, which powers the public website (atlanticsir.com), property search, and CRM/lead management functions. Listings are sourced through Internet Data Exchange (IDX) integrations with three regional MLS providers — Real Estate Information Network (REIN), Williamsburg Multiple Listing Service, and Hive MLS — and Google Maps is used for property location visualization. Property listings shown on the site range from approximately $80,000 to over $1.9 million, and the firm layers SEO-oriented community guides, blog content, and video resources on top of the core portal to drive lead capture.

The business model is commission-based brokerage revenue derived from a percentage of each residential transaction closed, supplemented by recurring professional-services fees from the ASIR Property Management subsidiary. Pricing is negotiated per transaction rather than publicly disclosed. Marketing and distribution rely on a multi-channel approach: a digital storefront (website, social, community guides) for top-of-funnel demand, a self-serve property search portal, and a local REALTOR network for closing. The firm monetizes the Sotheby's brand affiliation by offering global marketing exposure to luxury listings, primarily to high-net-worth buyers and sellers in the Hampton Roads market.

Name

Atlantic Sotheby’s International Realty

Legal name

Weaver Advantage Team, Inc.

Website

https://atlanticsir.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

101–250 employees

Short description

Atlantic Sotheby's International Realty is a privately held luxury residential real estate brokerage franchise of Sotheby's International Realty, serving buyers and sellers across the Hampton Roads region of Virginia from three offices and a property management subsidiary.

Ownership category

akta.pro rank

Product category

Luxury Residential Real Estate Brokerage

NAICS

Offices of Real Estate Agents and Brokers (531210), Offices of Real Estate Agents and Brokers (5312)

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
• Real estate buying services
• Property management services
• Hampton Roads real estate

Headquarters

HQ city

Virginia Beach

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Real Estate Commissions: Traditional real estate brokerage commissions on residential property transactions. The firm earns a percentage of each property sale as a commission.
2. Property Management Services: Property management services offered through asirpm.com subsidiary for residential property owners.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Atlantic Sotheby's International Realty is a luxury residential real estate brokerage franchise serving the Hampton Roads area of Virginia. The firm provides buyer and seller representation services through a team of local REALTORS, complemented by an online property search portal, home valuation tools, and a property management subsidiary (ASIR Property Management). It operates under a franchise agreement with Sotheby's International Realty Affiliates LLC, leveraging the global brand for marketing reach and buyer/seller exposure.

Product overview

Atlantic Sotheby's International Realty operates as a luxury real estate brokerage franchise serving the Hampton Roads area of Virginia. The company offers a unified platform combining buyer and seller representation services with an online property search portal. The product portfolio centers on core real estate transaction services (buying and selling) supported by a map-based property search tool, agent directory, and property management services. Additional resources include home valuation tools, financing guidance, community guides, blog content, and video resources. The company leverages the Sotheby's International Realty global brand affiliation for premium property marketing while maintaining local market presence across Virginia Beach, Norfolk, Chesapeake, and surrounding communities.

Differentiator

Problem solved

Functional benefit

Products and services

• Real Estate Buying Services

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature1 record

Partnerships

Four partnerships are on record, tiered core.

• Sotheby's International RealtycoreOEM/ Whitelabel/ Licensing PartnerAtlantic Sotheby's International Realty operates as a franchisee of Sotheby's International Realty, using the brand's prestigious name, logo, and accessing its global network of luxury real estate affiliates and marketing platforms.
• BoomTowncoreTechnology or IntegrationBoomTown provides the real estate website platform powering atlanticsir.com, including property listings, search functionality, CRM, and lead management capabilities.
• Real Estate Information Network (REIN)coreTechnology or IntegrationREIN is the primary MLS (Multiple Listing Service) providing property listing data for the Hampton Roads area. Atlantic Sotheby's International Realty displays REIN listings on its website.
• Weaver Advantage Team, Inc. dba Atlantic Sotheby's International RealtycoreOthersThe legal operating entity for Atlantic Sotheby's International Realty is Weaver Advantage Team, Inc. dba Atlantic Sotheby's International Realty.

Scale indicators1 record

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Sotheby's International Realty: Global franchisor of luxury real estate brokerage brands and the parent brand Atlantic Sotheby's is licensed under. While not a direct competitor in the local market, it sets brand standards, marketing platform, and network reach that Atlantic Sotheby's leverages, making it the most structurally relevant comparable.
• Coldwell Banker Real Estate: Long-established national real estate franchise offering luxury, residential, and commercial brokerage services. Operates affiliate offices across Virginia and competes with Atlantic Sotheby's in the mid-to-upper-tier residential segment in Hampton Roads.
• Compass: Tech-enabled national real estate brokerage rapidly expanding into luxury markets with agent equity incentives and a modern platform. Represents a direct competitive threat to traditional franchise luxury brokerages like Atlantic Sotheby's for agent recruitment and listing share.
• Berkshire Hathaway HomeServices: National luxury and residential real estate franchise network with strong brand recognition and growing footprint across Virginia, including via acquisitions of Rose & Womble and William E. Wood. Competes with Atlantic Sotheby's for luxury listings and high-producing agents in the Hampton Roads MSA.

Regional players

• Liz Moore & Associates: Virginia-based luxury brokerage headquartered in Newport News, operating across the Hampton Roads and Richmond regions. Directly comparable as a regional luxury-focused brokerage competing for high-net-worth clients in the same coastal Virginia corridor.
• Howard Hanna Real Estate Services: Largest privately held real estate company in the Mid-Atlantic and Southeast, with deep Virginia presence through acquired affiliates (including former Long & Foster offices). Competes head-to-head with Atlantic Sotheby's for residential inventory in Hampton Roads and broader Virginia.

Direct peers

• Rose & Womble Real Estate: Hampton Roads-based luxury and residential brokerage now operating under Berkshire Hathaway HomeServices. Directly competes in the same submarkets (Virginia Beach, Norfolk, Chesapeake) with comparable service offerings for luxury and traditional residential transactions.
• William E. Wood & Associates: Long-standing Hampton Roads brokerage (now part of Berkshire Hathaway HomeServices) offering residential and luxury services across Virginia Beach and surrounding cities. Closest peer by geography and customer segment, directly competing for local listings and agents.

Emerging players

• Aaron Kirman Group (Compass): High-profile luxury real estate team operating within Compass, focused on luxury residential sales in major U.S. markets. Represents the emerging tech-brokerage luxury model challenging traditional franchise luxury shops like Atlantic Sotheby's.

Others

• BoomTown ROI: Real estate technology platform powering Atlantic Sotheby's website, CRM, and lead generation. Included as an ecosystem/enabling partner rather than a competitor — relevant for benchmarking the firm's underlying tech stack against peers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/ASIRPortWarwick
• LinkedInlinkedin.com/company/atlantic-sotheby-international-realty

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

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 Atlantic Sotheby’s International Realty