The Sotheby’s brand dates back to 1744 — giving the company a staggering 277 years of experience in the luxury market. They’ve been managing the sale of valuable art, jewels, and, most recently, real estate since before the United States of America was the United States of America. For a company to have this level of longevity, it must be adept at reacting to ever-changing market conditions.
“For our agents, that means they have an almost 300-year head start in terms of brand recognition and a track record of exceptional service when they engage their clients,” CEO Mark Lowham explains. “Also, we are locally owned but have a direct working relationship with Sotheby’s International Realty’s offices in 72 countries around the world. That is particularly important in a city like Washington, which is a true global crossroads.”
Today, in the midst of some of the most unusual market conditions in memory, TTR Sotheby’s continues to lead the way with technology, client services, and leadership. The local TTR Sotheby’s International Realty office was founded as Tutt Real Estate in 1988. In 1991, Jonathan Taylor, Michael Rankin, and Wallace Tutt formed Tutt, Taylor, and Rankin Real Estate, and TTR joined Sotheby’s International Realty as the Washington, D.C., affiliate in 2006.
In 2010, Mark wrapped up a 23-year career at WEST*GROUP and had a revelation.
“Sitting in my office in Tysons, I realized that what I am passionate about is residential real estate,” Mark recalls. “So I reached out to my friends, Michael Rankin and Jonathan Taylor, who had secured the Sotheby’s International Realty license agreement four years prior. Several months later, in January of 2011, I joined them as a partner and CEO, which has been the best professional decision I have made over my career.”
Built on Values
The TTR Sotheby’s International Realty firm is built on three core principles: unwavering integrity, exceptional customer service, and passionate leadership in the community. Despite carrying a brand that denotes luxury and global reach, TTR Sotheby’s International Realty is a family. “It is that culture which has and will continue to distinguish us here in Washington,” Mark says.
In his decade-plus with TTR Sotheby’s, Mark has relished the role of mentor. The majority of the team’s top agents joined the firm over the past 10 years, and most of them have grown their businesses exponentially. “I am so proud to have supported their growth and helped to build the extraordinary professional development resources here that really set us apart,” Mark says.
Leaving a Legacy
Mark, like the rest of his firm, understands that their real estate sales make up a small portion of the legacy he will leave.
“Leave big footprints in the community you live in, and know that real estate affords us the opportunity to make a huge difference in people’s lives,” Mark continues. “I strive to be remembered as a community leader who made a difference.”
As Mark and the TTR Sotheby’s International Realty firm look ahead, they aspire to continue providing top-notch service for clients across the Washington, D.C., metro area, regardless of their goals or lifestyle. They are doubling down on their commitment to community and are committed to making an impact in the decades to come.
“This business provides a powerful platform for change, and we are going to make the most of it in the decades ahead,” Mark concludes. “Next to being married to an exceptional man and being a father of two extraordinary kids, the past decade at TTR Sotheby’s International Realty has been the best chapter of my life. That said, I am convinced the best is yet to come.”