Gustave White Sotheby’s International Realty Supports High School Fair

Newport, Rhode Island (April 4, 2013) Gustave White Sotheby’s International Realty was pleased to add their knowledge of the Newport real estate market in support of the Financial Education Fair held at Rogers High School in Newport, a joint venture with BankNewport. The fair was the culmination of a financial literacy program comprised of classroom presentations during the academic school year.

Student fair attendees were provided with imaginary salaries based on various career choices. At the Gustave White Sotheby’s International Realty booth, they met with Realtors® to learn how to realistically match their salaries to home affordability. Students were given information on the costs of home ownership and pointers on making the decision between renting and buying. Other booths, such as BankNewport’s “mortgage office,” complemented the Newport real estate model by providing an understanding of mortgage payments, budgeting, and insurance.

“Having strong financial skills is so important in the larger framework of how to manage one’s everyday life,” stated Sandra Pattie, BankNewport President and Chief Executive Officer. Paul A. Leys, co-owner of Gustave White Sotheby’s International Realty, said “It was our pleasure to help students learn to make good financial decisions. We found the fair a valuable and appropriate tool for students who are beginning to think about budgeting and the costs involved for housing, whether buying or renting.”

About Gustave White Sotheby’s International Realty
Gustave White Sotheby’s International Realty is a full-service agency specializing in waterfront and luxury real estate and serving all of Rhode Island, including Block Island, as well as southeast Connecticut and coastal Massachusetts. Gustave White has been in business for over 80 years as a leader in the luxury market and is the sole Sotheby’s affiliate for Rhode Island and the Rhode Island Regent member of Who’s Who in Luxury Real Estate.

About Sotheby’s International Realty Affiliates LLC
Founded in 1976 to provide independent brokerages with a powerful marketing and referral program for luxury listings, the Sotheby’s International Realty network was designed to connect the finest independent real estate companies to the most prestigious clientele in the world. In February 2004, Realogy Corporation, a global provider of real estate and relocation services, entered into a long-term strategic alliance with Sotheby’s, the operator of the auction house. The agreement provided for the licensing of the Sotheby’s International Realty name and the development of a full franchise system by Realogy’s subsidiary, Sotheby’s International Realty Affiliates LLC. Sotheby’s International Realty Affiliates LLC supports its affiliates with a host of operational, marketing, recruiting, educational, and business development resources. Franchise affiliates also benefit from an association with the venerable Sotheby’s auction house, established in 1744. For more information, visit: http://www.gustavewhite.com/