Gustave White RI real estate parent company wins prestigious award

Rhode Island (March 18, 2013) - Gustave White Sotheby’s International Realty a large RI real estate firm announced today that its parent company, Realogy, has received the designation of being named among the World’s Most Ethical Companies, awarded by the Ethisphere Institute, a leading international business ethics think-tank. This recognition highlights companies, including RI real estate firms that outperform their industry peers for ethical conduct.

As a Realogy company, the Gustave White Sotheby’s International Realty brand strives to set the standard for ethical conduct in our industry, and we are proud to be part of this recognition from Ethisphere Institute, the gold standard in advancing the social and corporate significance of ethical conduct when it comes to RI real estate.

A record number of nominations and applications for the award were received this year. Realogy’s application covered topics about the company’s corporate governance, ethics and compliance program, reputation, leadership and innovation, corporate citizenship and responsibility, and internal communication strategies for its ethics and compliance annual plan.

“As we look ahead to building on our strong ethical foundation, we continue to advance the cause throughout all aspects of our business—including our business partners, vendors, suppliers and our industry,” said Philip White, president and CEO of Sotheby’s International Realty Affiliates. “Ethical, upfront, moral behavior is critical to any successful business,” White continued. “But, it is particularly important to deal with clients in a respectful and ethical manner when it comes to buying and selling RI real estate.”

About Gustave White Sotheby’s International Realty
Gustave White Sotheby’s International Realty is a full-service agency specializing in luxury real estate and serving all of Rhode Island, including Block Island, as well as southeast Connecticut and coastal Massachusetts. Gustave White has been in business for over 80 years as a leader in the luxury market and is the sole Sotheby’s affiliate for Rhode Island and the Rhode Island Regent member of Who’s Who in Luxury Real Estate. Paul A. Leys, Co-owner of Gustave White Sotheby’s Int’l Realty, may be reached at 401-848-6706 or visit at http://www.gustavewhite.com/ for more information.

About Sotheby’s International Realty Affiliates LLC
Founded in 1976 to provide independent brokerages with a powerful marketing and referral program for luxury listings, the Sotheby’s International Realty network was designed to connect the finest independent real estate companies to the most prestigious clientele in the world. In February 2004, Realogy Corporation, a global provider of real estate and relocation services, entered into a long-term strategic alliance with Sotheby’s, the operator of the auction house. The agreement provided for the licensing of the Sotheby’s International Realty name and the development of a full franchise system by Realogy’s subsidiary, Sotheby’s International Realty Affiliates LLC. Sotheby’s International Realty Affiliates LLC supports its affiliates with a host of operational, marketing, recruiting, educational, and business development resources. Franchise affiliates also benefit from an association with the venerable Sotheby’s auction house, established in 1744.