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
Apache Hadoop is emerging as a distributed platform for handling large and fast incoming streams of data. Predictive maintenance, supply chain optimization, and Internet-of-Things analysis are examples where Hadoop provides the scalable storage, processing, and analytics platform to gain meaningful insights from granular data that is typically only valuable from a large-scale, aggregate view. One architecture useful for capturing and analyzing streaming data is the Lambda Architecture, represent...
SYS-CON Events announced today that Ocean9will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Ocean9 provides cloud services for Backup, Disaster Recovery (DRaaS) and instant Innovation, and redefines enterprise infrastructure with its cloud native subscription offerings for mission critical SAP workloads.
With billions of sensors deployed worldwide, the amount of machine-generated data will soon exceed what our networks can handle. But consumers and businesses will expect seamless experiences and real-time responsiveness. What does this mean for IoT devices and the infrastructure that supports them? More of the data will need to be handled at - or closer to - the devices themselves.
In his session at DevOps Summit, Tapabrata Pal, Director of Enterprise Architecture at Capital One, will tell a story about how Capital One has embraced Agile and DevOps Security practices across the Enterprise – driven by Enterprise Architecture; bringing in Development, Operations and Information Security organizations together. Capital Ones DevOpsSec practice is based upon three "pillars" – Shift-Left, Automate Everything, Dashboard Everything. Within about three years, from 100% waterfall, C...
Adding public cloud resources to an existing application can be a daunting process. The tools that you currently use to manage the software and hardware outside the cloud aren’t always the best tools to efficiently grow into the cloud. All of the major configuration management tools have cloud orchestration plugins that can be leveraged, but there are also cloud-native tools that can dramatically improve the efficiency of managing your application lifecycle.
SYS-CON Events announced today that Juniper Networks (NYSE: JNPR), an industry leader in automated, scalable and secure networks, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Juniper Networks challenges the status quo with products, solutions and services that transform the economics of networking. The company co-innovates with customers and partners to deliver automated, scalable and secure network...
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm. In his Day 3 Keynote at 20th Cloud Expo, Chris Brown, a Solutions Marketing Manager at Nutanix, will explore t...
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.
SYS-CON Events announced today that Linux Academy, the foremost online Linux and cloud training platform and community, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Linux Academy was founded on the belief that providing high-quality, in-depth training should be available at an affordable price. Industry leaders in quality training, provided services, and student certification passes, its goal is to c...
Some people worry that OpenStack is more flash then substance; however, for many customers this could not be farther from the truth. No other technology equalizes the playing field between vendors while giving your internal teams better access than ever to infrastructure when they need it. In his session at 20th Cloud Expo, Chris Brown, a Solutions Marketing Manager at Nutanix, will talk through some real-world OpenStack deployments and look into the ways this can benefit customers of all sizes....
Deep learning has been very successful in social sciences and specially areas where there is a lot of data. Trading is another field that can be viewed as social science with a lot of data. With the advent of Deep Learning and Big Data technologies for efficient computation, we are finally able to use the same methods in investment management as we would in face recognition or in making chat-bots. In his session at 20th Cloud Expo, Gaurav Chakravorty, co-founder and Head of Strategy Development ...
SYS-CON Events announced today that CA Technologies has been named “Platinum Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CA Technologies helps customers succeed in a future where every business – from apparel to energy – is being rewritten by software. From ...
Interoute has announced the integration of its Global Cloud Infrastructure platform with Rancher Labs’ container management platform, Rancher. This approach enables enterprises to accelerate their digital transformation and infrastructure investments. Matthew Finnie, Interoute CTO commented “Enterprises developing and building apps in the cloud and those on a path to Digital Transformation need Digital ICT Infrastructure that allows them to build, test and deploy faster than ever before. The int...
In his session at @ThingsExpo, Eric Lachapelle, CEO of the Professional Evaluation and Certification Board (PECB), will provide an overview of various initiatives to certifiy the security of connected devices and future trends in ensuring public trust of IoT. Eric Lachapelle is the Chief Executive Officer of the Professional Evaluation and Certification Board (PECB), an international certification body. His role is to help companies and individuals to achieve professional, accredited and worldw...
What if you could build a web application that could support true web-scale traffic without having to ever provision or manage a single server? Sounds magical, and it is! In his session at 20th Cloud Expo, Chris Munns, Senior Developer Advocate for Serverless Applications at Amazon Web Services, will show how to build a serverless website that scales automatically using services like AWS Lambda, Amazon API Gateway, and Amazon S3. We will review several frameworks that can help you build serverle...