Charleston real estate firm merger

Downtown Charleston

Downtown Charleston | Photo by Preservation Society of Charleston

$720,000,000. That’s the amount of closing sales revenue expected in 2021 following the announcement of Daniel Ravenel Sotheby’s International Realty’s merger with Celia Dunn Sotheby’s International Realty.

Yesterday, the 37-year-old Charleston brokerage + leading boutique luxury real estate firm announced its merger with Celia Dunn Sotheby’s, which has three offices in Bluffton and Hilton Head, SC and Savannah, GA — extending Daniel Ravenel’s influence to these areas.

This merger will offer expanded market-reach, exclusive access to listings, and relocation services to best serve their clients.

Founded in 1983, Daniel Ravenel Sotheby’s International Realty team has served clients throughout the Lowcountry, including downtown Charleston, West Ashley, Daniel Island, Edisto Island, and Seabrook Island. Since inception, Daniel Ravenel Sotheby’s International Realty has closed over $2 billion in real estate sales.

Daniel Ravenel Sotheby’s International Realty team offers featured homes ranging from $180,000 to $5.5 million in price.

At the time of the merger, closing sales for the brokerages total over $642,720,030 combined, making the newly-merged company on track for a total of $720,000,000 in closing sales this year.

Celia Dunn Sotheby’s International Realty will now operate under the Daniel Ravenel Sotheby’s International Realty name with a team of 110+ real estate associates.