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Christie’s International Real Estate Partners with Top Luxury Agents to Open Park City Office

Founders of the luxury network’s new outpost in the popular northern Utah ski haven sold a combined $340 million in real estate last year


WEBWIRE

Worldwide luxury real estate network Christie’s International Real Estate has partnered with some of Park City’s most established agents to open Christie’s International Real Estate Park City. The new office will be owned and managed by Sam Cubis, Ben Fisher, Molly Crosswhite and Rachel Retzer, formerly of Summit Sotheby’s International Realty, Matt Magnotta, formerly of Berkshire Hathaway Home Services Utah Properties, and award-winning real estate developer and mortgage banker Ace Allak. 

The founding agents have a history of strong luxury sales performance throughout Park City and nearby Deer Valley. Last year, they combined for more than $340 million in closed transaction volume. They also have extensive experience in new-construction development sales. The Christie’s International Real Estate Park City office is located at 1790 Bonanza Dr., and will open with 10 agents, including the founders. 

As an affiliate of Christie’s International Real Estate, the company, its agents and clients will benefit from national and international exposure for luxury properties, exclusive marketing partnerships and a connection to the iconic Christie’s auction house for the referral and the sale of art and luxury goods. They will also gain access to Christie’s International Real Estate’s proprietary, industry-leading pl@tform™ technology suite. Developed in-house and continually updated, pl@tform enables agents to digitally manage the real estate transaction and client relationship through one, fully integrated system.  

“We aspire to build the best real estate brokerage in Park City and the surrounding region, and Christie’s International Real Estate gives us the ultimate roadmap to realize that vision,” said Cubis. “Not only is the brand recognized around the world as the global authority in luxury real estate, but it’s also a driving force for innovation in the industry, with its technology, marketing and forward-thinking approach to client service. There is nothing like Christie’s International Real Estate’s tech in the local market.”  

“We are proud to partner with a truly impressive team of local real estate professionals to open Christie’s International Real Estate in Park City,” added Thad Wong, co-CEO of Christie’s International Real Estate. “This is a powerhouse group, each incredibly talented and respected within Park City’s real estate market, and committed to luxury client service and innovation.”  

Since vaulting to popularity as the site of the Sundance Film Festival and the 2002 Winter Olympics, Park City, Utah has become one of the country’s premier mountain destinations for luxury real estate. The median home price in Wasatch and Summit counties is $1.3 million, and the founding agents’ average transaction price is over $2 million, with top sales reaching over $20 million. Park City’s luxury market is primed for growth, with the new master-planned Mayflower Mountain Resort set to add hundreds of high-end properties in the coming years. 

Historically a winter resort destination, the region has experienced an uptick in year-round residents, drawn to the wide variety of outdoor activities in every season and – unlike other ski areas – a location only 35 minutes from a major international airport. 

Wong pointed to the strategic importance of Park City for Christie’s International Real Estate, noting the area is a popular destination for buyers from other markets where the brand has a strong presence, including Los Angeles, Silicon Valley/the San Francisco Bay, Houston, Dallas, and Chicago. “Park City opens up valuable referral opportunities for our affiliates and agents and gives their clients the confidence of knowing they’re receiving the same high level of service they’re used to,” he said. 

Christie’s International Real Estate was born out of the iconic Christie’s auction house, which has captivated a global audience of art collectors and luxury consumers since 1766. The real estate company maintains a close partnership with the auction house, creating unique synergies between the worlds of high-end real estate, art, and luxury goods, including jewelry, watches, handbags, and wine and spirits. 

The real estate network has been on a swift growth trajectory since its acquisition by Chicago-based @properties in late 2021, adding market-leading independent brokerage firms in major markets around the country and around the world, including London, Munich, Los Angeles, Miami and the San Francisco Bay area. 


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