Real Estate

Marblehead Gets Gibson Sotheby’s 34th Office After Sagan Harborside Acquisition

The deal adds 40 advisors and sets a new Gibson Sotheby's office at 1 Essex Street in Marblehead.

MARBLEHEAD, MA — Gibson Sotheby's International Realty announced it has acquired Sagan Harborside Sotheby's International Realty, a brokerage serving clients in Marblehead, Swampscott and other North Shore communities.

The deal establishes Gibson Sotheby's International Realty's 34th office at 1 Essex Street in Marblehead. Advisors from the firm's Marblehead and Swampscott offices will join the Marblehead location.

Sagan Harborside Sotheby's International Realty was formed in April 2018 through the merger of Sagan Realtors, founded by Phyllis Sagan in 1983, and Harborside Sotheby's International Realty.

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Its 40 real estate advisors will join Gibson Sotheby's International Realty. Partners Phyllis Sagan, Julie Sagan and Shari Sagan McGuirk will continue serving clients as advisors with the firm.

"We've admired the Sagan Harborside Sotheby's International Realty team for many years and have always had tremendous respect for the business they've built throughout the North Shore," said Nicole Rideout Hartwick, president of Gibson Sotheby’s International Realty. "Bringing our firms together strengthens our presence in a market that's incredibly important to us while creating new opportunities for our advisors and enhancing the experience they provide to their clients."

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The company said it has invested in an advisor platform that includes marketing, technology, business development, education and operational support as the real estate industry continues to evolve. Gibson Sotheby's International Realty said those resources are intended to help advisors serve clients and grow their businesses.

"The North Shore has long been an important part of Gibson Sotheby's International Realty's footprint, and Sagan Harborside Sotheby's International Realty has been a trusted name in Marblehead, Swampscott, and beyond for many years," said Larry Rideout, chairman and founder of Gibson Sotheby's International Realty. "Together, we're building an even stronger company while remaining committed to the clients and communities we serve."

Phyllis Sagan said the firm's local experience and long-standing relationships have shaped its business on the North Shore.

"Our clients have always placed their trust in us because of our local expertise, enduring relationships, and deep roots in the North Shore communities,” Sagan said. "Joining Gibson Sotheby's International Realty allows us to build on that foundation with an expanded platform that elevates the service our advisors deliver to every client."

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