Leading Luxury Real Estate Marketplace Concierge Auctions Wins Big In Las Vegas

Primm Ranch under contract representing one of the highest sales since 2010

Oct 20, 2015

LAS VEGAS, Oct. 20, 2015 /PRNewswire/ -- Sin City's most coveted compound has a new owner following the live bidding conducted earlier this month by Concierge Auctions. Aptly hosted in the seller's private jet hangar with the Las Vegas strip as its backdrop, 12 qualified bidders vied to purchase the 10-acre Primm Ranch from casino and resort developer Gary Primm. Once closed, the sale will represent one of the top residential sales in Las Vegas since 2010. The auction was held in cooperation with Kristen Routh-Silberman of Synergy Sotheby's International Realty, and represents the fifth partnership between the two firms.

Photo - http://photos.prnewswire.com/prnh/20151020/278659

"Working with Concierge Auctions is always a thrill — from excitement and anticipation to ultimately, success — and the buyer interest in this sale was especially rewarding," Routh-Silberman stated. "Since the first time I met Concierge after their auction of Cher's Hawaii estate in 2010, I've been a fan. They are the best of the best at driving qualified, global interest and revealing value of one-of-a-kind properties."

Once desired by pop icon Michael Jackson, Primm Ranch boasts show-stopping amenities to rival any Vegas compound. The residence features a casino game room, underground shooting range, beauty salon, screening room, 5,000-bottle wine cellar and 2,000-square-foot, 20-car showroom. Outside, the tropical swimming pool has waterslides, caves and waterfalls that conceal a large grotto bar and guest suite. The automated golf driving range offers three separate teeing spaces, and the world-class equestrian facilities include stables with indoor and outdoor stalls, two pasture stalls and a two-stall wash bay.

Concierge Auctions' exposure campaign for Primm Ranch attracted 7,450 visitors to its marketplace from 211 states/regions and 67 countries. Approximately 480 buyer prospects inquired for more information, and 28 private showings were conducted.  

"This sale was a resounding success for so many reasons," said Concierge Auctions Chairman Chad Roffers. "Our team is obsessed with the details, and our global marketing campaign including a cutting-edge, movie-quality video put our seller in control and delivered the desired result."

Concierge has other luxury property auctions underway globally including Arizona, The Bahamas, California, Colorado, Fiji, Florida, French St. Martin, Hawaii, Idaho, Jamaica, New York, Oregon, Vermont and Wyoming. If you or someone you know is interested in buying or selling a remarkable property through Concierge Auctions, call 212.257.5018.

About Concierge Auctions
New York-based Concierge Auctions is the dominant marketplace for buying and selling the world's finest properties. Since its founding in 2008, Concierge's business has spanned 27 US states and 5 countries, resulting in over $900 million in sales and many record-setting transactions. 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 has been named one of America's fastest-growing companies by Inc. Magazine for the past two years.

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

SOURCE Concierge Auctions