Daniel de la Vega has been appointed CEO of One Sotheby’s International Realty, the Miami-based brokerage founded by his mother, Mayi de la Vega, in 2008. The leadership change is part of a succession plan that both described as long anticipated. Mayi de la Vega will transition to the role of executive chair, continuing to work closely with agents and representing the firm as a global ambassador while remaining involved in key developments.
“This is my life blood,” said Mayi de la Vega. “For me, the more time I have to dedicate to this company the happier I am.”
Daniel de la Vega previously served as president and was involved in starting the firm. As CEO, he plans to expand operations beyond Florida and focus on company strategy, talent development, and integrating technology for growth.
Mergers and acquisitions are expected to play a significant role in the firm’s expansion efforts. “We will be working on some acquisitions outside of Florida. Inside of Florida I see 50 percent of growth coming from agent production and the other 50 percent from mergers and acquisitions,” Daniel de la Vega said.
He also indicated an increased emphasis on ancillary businesses such as mortgage, title, property management, and lending services, which are planned for rollout in the second quarter.
One Sotheby’s International Realty is based in Coconut Grove and is one of the top-producing affiliates within Sotheby’s International Realty, holding a leading market share in Florida. The franchise operates under Anywhere Real Estate, which also includes Corcoran Group and Coldwell Banker brands. Anywhere recently completed a merger with Compass valued at about $4.2 billion.
The firm reports involvement in nearly $10 billion worth of sales annually. Its new development division manages projects such as Ponce Park Residences and Ziggurat condos by Allen Morris Company; Dolce & Gabbana-branded 888 Brickell condo tower by developer Michael Stern and partners; and Alba in West Palm Beach.
