Leading Luxury Real Estate Marketplace Concierge Auctions On Pace To Exceed $1 Billion In Sales In 2015

Jul 24, 2015

NEW YORK, July 24, 2015 /PRNewswire/ -- New York-based luxury real estate auction firm Concierge Auctions, the leading auction marketplace for high-net-worth buyers and sellers globally, achieved monumental success during the first half of 2015 and is on pace to exceed $1 billion in aggregate sales by the close of the year. In addition to growing its staff over 40 full-time employees and being recognized by the National Auctioneers Association and USA Today as "Best in Show" for Advertising and Public Relations, Concierge Auctions also delivered a 90% sell through rate while producing numerous sales over $10 million – a price category the firm continues to dominate.

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"Concierge Auctions has established itself as a preeminent marketplace for buyers and sellers of the world's finest properties. Our consistent growth over the last seven years is a testament to the efficiency of our process versus traditional sales methods for high-end real estate," said Laura Brady, president and founder of Concierge Auctions. "We are no longer a new player, but rather the proven market leader and partner to high-end clients and real estate agents worldwide."

"The Concierge platform allows me to showcase my listings to a global audience," stated John-Mark Mitchell of Mitchell Prime Properties, the top-ranked luxury broker in North Carolina's Piedmont Triad region who has worked alongside Concierge Auctions on several assignments since 2012. "Their reach gives me a competitive advantage, and at the end of the day, our collective efforts achieve the highest returns on a specific timeline."

Q1 + Q2 Banner Sales included:

  • Casa Del Sol, a master-planned family compound located in Rancho Santa, CA, one of the most affluent zip codes in the country — Sold for $12.32 million.
  • Splendida Dimora in Vero Beach, FL, a 2±-acre, oceanfront compound comprised of 16,120 square feet — Sold for $10.175 million.
  • 1110 Waters Avenue in Aspen, CO, a handcrafted custom residence located on the banks of the Roaring Fork River — Sold for $11 million.

Seller Eric Seuthe of 165 White Canyon Road in Park City, Utah, lauded the firm with a sentiment often expressed after clients have dealt with Concierge Auctions: "I really wanted to thank you and your team for the extraordinary effort that each of you put forth in the exceptional marketing and auction of our property." Additional feedback can be found on Zillow.com, where the firm carries a 4.9/5.0 rating from independent client reviews.

The Concierge Auctions marketing team was recently presented with 13 awards from the National Auctioneers Association and USA Today, including nine first place awards and the coveted "Best In Show" award for advertising and public relations. Brady was also recognized as one of the industry's most influential leaders in New York Real Estate Journal's "Women in Real Estate" issue, which highlighted women who have made a distinguished impact in the real estate field.

"We continue to break barriers and evolve, changing the way to buy and sell luxury real estate," said Chad Roffers, chairman of Concierge Auctions. "Already active in 27 US states and five countries, we're here to stay, thrive and grow."

About Concierge Auctions
New York-based Concierge Auctions is the dominant player in the luxury real estate auctions sector, selling high-end properties worldwide through a transparent and market-based bidding process. Since its founding in 2008, Concierge's business has spanned the globe, including 27 US states and 5 countries, and the firm has produced numerous record-setting sales. Concierge recently received the "Best Overall Marketing" award from Who's Who in Luxury Real Estate, a global collection of more than 130,000 real estate professionals in more than 60 countries, and was named one of America's fastest-growing companies by Inc. Magazine.

Kari Neering Kari@relevancenewyork.com
Gina Maruschak Gina@relevancenewyork.com

SOURCE Concierge Auctions