Gibson Sotheby’s International Realty Acquires Pat Shultz Real Estate

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Provincetown, MA–Gibson Sotheby’s International Realty announce the addition of real estate brokerage Pat Shultz Real Estate to its growing team.

As part of Gibson Sotheby’s International Realty’s growth strategy to attract industry-leading talent, the brokerage will onboard PatShultz Real Estate’s principal brokers Michael Minore, Joan Lenane and Joe DeMartino and five additional sales associates to its existing office location at 168 Commercial Street, Provincetown, which the firm opened by way of acquisition in 2020.

“In 2023, buyers and sellers faced various challenges, but despite negative economic indicators, our experienced professionals adapted to conditions that were changing at a relentless pace and helped their clients find success,” says Colleen Barry, ChiefExecutive Officer of Gibson Sotheby’s International Realty. “Pat Shultz Real Estate’s associates are some of the most productiveon the Outer Cape. This represents the combination of two locally owned and operated companies at the top of the market, and together we can build on our established reputations and deliver exceptional client experiences.”

Colleen Barry (Photo: Linkedin)

“Provincetown has long attracted people from all over the world, and now more than ever, discerning buyers and sellers here aredemanding best-in-class sales and marketing tools and the highest levels of expertise,” adds Nicole Rideout Hartwick, Chief Strategy Officer at Gibson Sotheby’s International Realty. “We look forward to creating new business opportunities for our agents and elevating what Pat Shultz RealEstate’s team is equipped to offer their customers.”

Founded more than 40 years ago, Pat Shultz Real Estate is a market leader in Provincetown and on the Outer Cape. The brokerage’s long-standing success originated with Pat Shultz, a prominent figure in real estate development in Provincetown.

Shultz retired in 1997.

“We are proud to affiliate with Sotheby’s International Realty, the most trusted and recognized real estate brand in the world,” says Joe DeMartino, Broker/Owner at Pat Shultz Real Estate.“Gibson Sotheby’s International Realty’s brand recognition and reach on Cape Cod and across domestic and international markets are unlike any other. Larry Rideout and Paul McGann have managed to build a brand with a local footprint as strong as its global presence, and a culture that makes you feel like family. That is extremely rare, and together we can better serve our clients.”

Gibson Sotheby’s International Realty reported it achieved $3 billion in sales volume in 2023, making it the #1 Massachusetts-based real estate firm by sales volume. It holds an average sale price of over $1.25 million, the highest of the top twenty realestate firms statewide

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