Welcome!

News Feed Item

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

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
You think you know what’s in your data. But do you? Most organizations are now aware of the business intelligence represented by their data. Data science stands to take this to a level you never thought of – literally. The techniques of data science, when used with the capabilities of Big Data technologies, can make connections you had not yet imagined, helping you discover new insights and ask new questions of your data. In his session at @ThingsExpo, Sarbjit Sarkaria, data science team lead ...
The IoT has the potential to create a renaissance of manufacturing in the US and elsewhere. In his session at 18th Cloud Expo, Florent Solt, CTO and chief architect of Netvibes, will discuss how the expected exponential increase in the amount of data that will be processed, transported, stored, and accessed means there will be a huge demand for smart technologies to deliver it. Florent Solt is the CTO and chief architect of Netvibes. Prior to joining Netvibes in 2007, he co-founded Rift Technol...
If there is anything we have learned by now, is that every business paves their own unique path for releasing software- every pipeline, implementation and practices are a bit different, and DevOps comes in all shapes and sizes. Software delivery practices are often comprised of set of several complementing (or even competing) methodologies – such as leveraging Agile, DevOps and even a mix of ITIL, to create the combination that’s most suitable for your organization and that maximize your busines...
Struggling to keep up with increasing application demand? Learn how Platform as a Service (PaaS) can streamline application development processes and make resource management easy.
New Relic, Inc. has announced a set of new features across the New Relic Software Analytics Cloud that offer IT operations teams increased visibility, and the ability to diagnose and resolve performance problems quickly. The new features further IT operations teams’ ability to leverage data and analytics, as well as drive collaboration and a common, shared understanding between teams. Software teams are under pressure to resolve performance issues quickly and improve availability, as the comple...
The proper isolation of resources is essential for multi-tenant environments. The traditional approach to isolate resources is, however, rather heavyweight. In his session at 18th Cloud Expo, Igor Drobiazko, co-founder of elastic.io, will draw upon their own experience with operating a Docker container-based infrastructure on a large scale and present a lightweight solution for resource isolation using microservices. He will also discuss the implementation of microservices in data and applicat...
Join IBM June 8 at 18th Cloud Expo at the Javits Center in New York City, NY, and learn how to innovate like a startup and scale for the enterprise. You need to deliver quality applications faster and cheaper, attract and retain customers with an engaging experience across devices, and seamlessly integrate your enterprise systems. And you can't take 12 months to do it.
See storage differently! Storage performance problems have only gotten worse and harder to solve as applications have become largely virtualized and moved to a cloud-based infrastructure. Storage performance in a virtualized environment is not just about IOPS, it is about how well that potential performance is guaranteed to individual VMs for these apps as the number of VMs keep going up real time. In his session at 18th Cloud Expo, Dhiraj Sehgal, in product and marketing at Tintri, will discu...
Machine Learning helps make complex systems more efficient. By applying advanced Machine Learning techniques such as Cognitive Fingerprinting, wind project operators can utilize these tools to learn from collected data, detect regular patterns, and optimize their own operations. In his session at 18th Cloud Expo, Stuart Gillen, Director of Business Development at SparkCognition, will discuss how research has demonstrated the value of Machine Learning in delivering next generation analytics to im...
This is not a small hotel event. It is also not a big vendor party where politicians and entertainers are more important than real content. This is Cloud Expo, the world's longest-running conference and exhibition focused on Cloud Computing and all that it entails. If you want serious presentations and valuable insight about Cloud Computing for three straight days, then register now for Cloud Expo.
As you respond to increasing requests for new analytics, you need fast and flexible technology in your arsenal so that you can deploy the right workload to the right platform for the need at hand. Do you need self-service and fast time to value? Do you have data and application control and privacy needs, along with strict SLAs to meet? IBM dashDB™ is data warehouse technology powered by in-memory computing and in-database analytics that are designed for fast results, scalability and more.
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
So, you bought into the current machine learning craze and went on to collect millions/billions of records from this promising new data source. Now, what do you do with them? Too often, the abundance of data quickly turns into an abundance of problems. How do you extract that "magic essence" from your data without falling into the common pitfalls? In her session at @ThingsExpo, Natalia Ponomareva, Software Engineer at Google, will provide tips on how to be successful in large scale machine lear...
Up until last year, enterprises that were looking into cloud services usually undertook a long-term pilot with one of the large cloud providers, running test and dev workloads in the cloud. With cloud’s transition to mainstream adoption in 2015, and with enterprises migrating more and more workloads into the cloud and in between public and private environments, the single-provider approach must be revisited. In his session at 18th Cloud Expo, Yoav Mor, multi-cloud solution evangelist at Cloudy...
IoT device adoption is growing at staggering rates, and with it comes opportunity for developers to meet consumer demand for an ever more connected world. Wireless communication is the key part of the encompassing components of any IoT device. Wireless connectivity enhances the device utility at the expense of ease of use and deployment challenges. Since connectivity is fundamental for IoT device development, engineers must understand how to overcome the hurdles inherent in incorporating multipl...