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
SYS-CON Events announced today that EastBanc Technologies will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. EastBanc Technologies has been working at the frontier of technology since 1999. Today, the firm provides full-lifecycle software development delivering flexible technology solutions that seamlessly integrate with existing systems – whether on premise or cloud. EastBanc Technologies partners with p...
SYS-CON Events announced today that Tintri Inc., a leading producer of VM-aware storage (VAS) for virtualization and cloud environments, will exhibit at the 18th International CloudExpo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, New York, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
SYS-CON Events announced today that Isomorphic Software will exhibit at SYS-CON's [email protected] at Cloud Expo New York, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Isomorphic Software provides the SmartClient HTML5/AJAX platform, the most advanced technology for building rich, high-productivity enterprise web applications for any device. SmartClient couples the industry’s broadest, deepest UI component set with a java server framework to deliver an end-...
SYS-CON Events announced today that BMC Software has been named "Siver Sponsor" of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2015 at the Javits Center in New York, New York. BMC is a global leader in innovative software solutions that help businesses transform into digital enterprises for the ultimate competitive advantage. BMC Digital Enterprise Management is a set of innovative IT solutions designed to make digital business fast, seamless, and optimized from mainframe to mo...
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, wh...
Companies can harness IoT and predictive analytics to sustain business continuity; predict and manage site performance during emergencies; minimize expensive reactive maintenance; and forecast equipment and maintenance budgets and expenditures. Providing cost-effective, uninterrupted service is challenging, particularly for organizations with geographically dispersed operations.
The IoT is changing the way enterprises conduct business. In his session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, discuss how businesses can gain an edge over competitors by empowering consumers to take control through IoT. We'll cite examples such as a Washington, D.C.-based sports club that leveraged IoT and the cloud to develop a comprehensive booking system. He'll also highlight how IoT can revitalize and restore outdated business models, making them profitable...
SYS-CON Events announced today that Alert Logic, Inc., the leading provider of Security-as-a-Service solutions for the cloud, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Alert Logic, Inc., provides Security-as-a-Service for on-premises, cloud, and hybrid infrastructures, delivering deep security insight and continuous protection for customers at a lower cost than traditional security solutions. Ful...
The essence of data analysis involves setting up data pipelines that consist of several operations that are chained together – starting from data collection, data quality checks, data integration, data analysis and data visualization (including the setting up of interaction paths in that visualization). In our opinion, the challenges stem from the technology diversity at each stage of the data pipeline as well as the lack of process around the analysis.
Many banks and financial institutions are experimenting with containers in development environments, but when will they move into production? Containers are seen as the key to achieving the ultimate in information technology flexibility and agility. Containers work on both public and private clouds, and make it easy to build and deploy applications. The challenge for regulated industries is the cost and complexity of container security compliance. VM security compliance is already challenging, ...
Designing IoT applications is complex, but deploying them in a scalable fashion is even more complex. A scalable, API first IaaS cloud is a good start, but in order to understand the various components specific to deploying IoT applications, one needs to understand the architecture of these applications and figure out how to scale these components independently. In his session at @ThingsExpo, Nara Rajagopalan is CEO of Accelerite, will discuss the fundamental architecture of IoT applications, ...
SYS-CON Events announced today that Commvault, a global leader in enterprise data protection and information management, has been named “Bronze Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Commvault is a leading provider of data protection and information management...
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York and Silicon Valley. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 17th Cloud Expo and will feature technical sessions from a rock star conference faculty ...
As cloud and storage projections continue to rise, the number of organizations moving to the cloud is escalating and it is clear cloud storage is here to stay. However, is it secure? Data is the lifeblood for government entities, countries, cloud service providers and enterprises alike and losing or exposing that data can have disastrous results. There are new concepts for data storage on the horizon that will deliver secure solutions for storing and moving sensitive data around the world. ...
SYS-CON Events announced today that AppNeta, the leader in performance insight for business-critical web applications, will exhibit and present at SYS-CON's @DevOpsSummit at Cloud Expo New York, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. AppNeta is the only application performance monitoring (APM) company to provide solutions for all applications – applications you develop internally, business-critical SaaS applications you use and the networks that deli...