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Concierge Auctions Leads International Trend In Modernizing Sales of Luxury Real Estate

NEW YORK, March 19, 2014 /PRNewswire/ -- Concierge Auctions, a luxury real estate auction firm serving high-net-worth individuals internationally, saw unprecedented success in 2013, continuing its reputation as the 'firm of choice' for sophisticated home buyers, sellers and agents.

Concierge Auctions Average Sale Price YOY

Entering its seventh year modernizing sales at the high-end of the luxury real estate market, the firm produced $194 million in sales in 2013, a 36% increase over 2012, and outperformed broader growth in the industry.

"The Concierge Auctions process confirms the market value of a one-of-a-kind home during a live auction, instead of over a period of months or years," said Laura Brady, Founder and President. "Sellers and buyers of luxury homes deserve an experience that enables them to control the timetable of transactions, is defined by the highest level of quality, and openly delivers sales at market value."  

Buyers and sellers who partner with Concierge Auctions have praised the experience. "The marketing effort that went into producing the literature and getting the property out there in front of the public was the best I've ever seen. We needed people to come to look at the property, and previously that was difficult. In an unbelievably short period of time, Concierge made the whole world know about the opportunity and created interest. And people came and experienced it. That's how the property got sold," said John Farrand, who recently sold a Fiji island estate with Concierge Auctions.

In 2013, Concierge Auctions conducted auctions in 16 US states and three countries. The year was notable for the firm's international reach, as it embarked on a global expansion plan, opened a London office and grew its list of prospective clients to over 100,000 buyers, sellers and agents spanning 130 countries.

The year's international highlights also include the firm's sale of Rai Ki Wai, one of the largest estates in the Fiji islands, for $7.2 million and the pending sale of the Bridle Path Estate in Toronto, Canada for $13.4 million.

In spite of unprecedented demand, Concierge Auctions is doubling down on its commitment to only handling one-of-a-kind luxury properties, accepting roughly one out of every 25 applications from sellers wishing to auction their homes. In 2013, the firm's selectivity resulted in an average sale price of $5.4 million, a 36% increase over 2012.

"In 2013, we made forward-looking investments in the depth and caliber of our sales and marketing staff and technologies, including our website and videography platforms," said Brady. "We are accelerating our growth strategy and expanding our reach to meet international demand for the fast, reliable and luxurious modern service that our clients deserve."

2013 SALES




1/26/2013:   

26 Obsidian Road, Big Sky, MT — Sold // Confidential

2/22/2013:  

16 Travertine, Big Sky, MT — Sold for $4,290,000

3/8/2013:    

120 South Shore Drive, Hilton Head, SC — Sold for $2,530,000

3/15/2013:   

6712 E Cheney Drive, Paradise Valley, AZ — Sold for $2,805,000

3/19/2013:  

62-3459 Aloalii Place, Kamuela, HI — Sold for $1,890,000

4/22/2013:  

265 Abrahams Lane, Villanova, PA — Sold for $4,400,000

4/30/2013:  

58-378 Kamehameha Highway, Haleiwa, HI — Sold for $440,000

4/30/2013:   

58-378 Kamehameha Highway, Haleiwa, HI — Sold for $1,485,000

4/30/2013:  

58-378 Kamehameha Highway, Haleiwa, HI — Sold for $3,300,000

5/9/2013:    

2363 Heavenly Drive, Ooltewah, TN — Sold for $3,300,000

5/23/2013:  

6508 Old Gate Road, Plano, TX — Sold for $2,530,000

5/30/2013:    

5757 Trancas Canyon Road, Malibu, CA — Sold for $4,950,000

5/30/2013:   

5744 Trancas Canyon Road, Malibu, CA — Sold for $1,100,000

6/28/2013:   

112 Whipporwill Lane, Clayton, GA — Sold // Confidential

7/12/2013:  

7575 Moose Wilson Road, Teton Village, WY — Sold for $19,250,000

7/23/2013:  

Lot 2, Chaparral Ranch, Aspen, CO — Sold for $2,585,000

7/25/2013: 

72-106 Poepoe Place, Kailua-Kona, HI — Sold for $4,180,000

7/2013:      

Riverbend Ranch, Jackson Hole, WY — Sold // Confidential

7/30/2013:  

1121 Red Mountain Road, Aspen, CO — Sold for $10,725,000

8/20/2013:  

810 Inspiration Drive, Whitefish, MT — Sold // Confidential

8/23/2013:   

Big EZ Lodge, Big Sky, MT — Sold // Confidential

8/29/2013:  

152 Country Club Drive, Telluride, CO — Sold for $1,500,000

8/23/2013:  

1804 Ocean Avenue, Brigantine, NJ — Sold for $1,850,000

9/12/2013:  

3000 Riva Ridge, Jackson Hole, WY — Sold // Confidential

9/24/2013:    

275 Timbertree Branch Road, Kingsport, TN — Sold for $2,255,000

9/26/2013:    

5540 N 40 Place, Dallas, TX — Sold for $4,950,000

10/3/2013:   

Rai Ki Wai, Wakaya Island, Fiji — Sold for $7,170,000

10/8/2013:   

Riven Rock Ranch, Comfort, TX — Sold for $6,600,000

10/11/2013: 

39823 Highway 285, Jefferson, CO — Sold for $12,100,000

10/29/2013:  

455 Stonington Road, Stonington, CT — Sold for $1,237,500

11/7/2013:    

Tusculum, Princeton, NJ — Sold for $5,500,000

11/12/2013: 

78-120 Holua Road. Kailua-Kona, HI — Sold for $4,840,000

11/26/2013: 

40 Park Lane Circle, Toronto, Canada — Pending for $13,420,000

12/12/2013: 

240 S Crest Road, Chattanooga, TN — Sold for $1,475,000

12/17/2013: 

8 Kapalua Place, Lahaina, HI — Sold for $6,050,000

12/19/2013: 

6002 Kettering Court, Dallas, TX — Pending for $1,900,000

About Concierge Auctions

Concierge Auctions is a New York City-based luxury real estate auction firm founded in 2008. The company serves high-net-worth individuals internationally through an accelerated marketing process that obtains fair market value for high-end properties. Concierge executes auctions typically valued between $2.5 million and $20 million. For more information call 888-966-4759.

Photo - http://photos.prnewswire.com/prnh/20140319/NY86869

SOURCE Concierge Auctions

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