Concierge Auctions Closes Q3 2016 With Nearly Two Dozen Successful Sales Including Its $10 Million-Plus Record Sale In Hawaii

Global luxury real estate marketplace achieves its highest sale price ever in Hawaii, executes success in 12 US states and in Canada

Oct 25, 2016

NEW YORK, Oct. 25, 2016 /PRNewswire/ -- Concierge Auctions, the global marketplace to buy and sell the world's most elite properties, serving high-net-worth individuals worldwide, achieved more company milestones during the third quarter of 2016, including its $10.725 million sale of a rare and exclusive estate located within Hawaii's five-star Hualalai Resort. Between July and September, New York City-based Concierge Auctions executed an impressive 20 successful auctions across 12 US states (California, Colorado, Connecticut, Hawaii, Idaho, Montana, North Carolina, New York, Texas, Utah, Vermont and Wyoming) and in Canada.

72-2941 Hainoa Street, Hualalai Resort, Hawaii

Its top sale was a 10,472-plus-square-foot estate located steps from the unparalleled amenities of the Hualalai Club and Hualalai Resort Four Seasons Hotel on the Big Island, Kailua-Kona, Hawaii. This was Concierge's 34th sale in Hawaii since the company's founding in 2008, achieving its highest sale price in the state to date. The auction was held in cooperation with Harold Clarke of Luxury Big Island.

"Concierge Auctions continues to dominate the $10 million-plus luxury real estate auction market — period," stated President and Co-Founder Laura Brady. "Our process offers a successful, alternative solution to the typical sales process, giving control, predictability, and liquidity when it comes to one-of-a-kind, incomparable estates like this Hualalai Resort estate, and the nearly two dozen others we sold during the third quarter. Ours is an efficient, transparent, and competitive method for buying and selling the world's finest homes. Further, we are agent loyal and work in partnership with the brokerage community as an additional tool in the buying and selling of luxury property."

Other notable sales during the third quarter included Utah's 212 White Pine Canyon Road, a brand new, modern-day manor set directly on the ski slopes of the world-class Park City Mountain Resort within Park City's highly-coveted Colony at White Pine Canyon. Agent Paul Benson of Engel & Volkers — who has sold luxury properties with Concierge Actions in the past — said the firm created a sense of urgency in the marketplace that otherwise wouldn't have existed.

"Every now and then in the real estate world, we run into quite unique properties that — although have very high quality — are so unique that they can be very difficult to sell," Benson stated. "In this case, I believe Concierge Auctions sped up the process by years, bringing 13 fully-qualified buyers to the table within just a few weeks. We were able to sell the property, and the seller was able to start the next chapter in her life years earlier than she would have with traditional marketing in this situation."

Concierge Auctions continued to expand its portfolio by not only selling luxury homes, but rare offerings of prime land. In August, the firm successfully sold Freedom Pass in Big Sky — 260 pristine Montana acres located near the renowned Big Sky Resort and the exclusive Yellowstone Club. Freedom Pass had multiple home sites that uniquely crossed both unrestricted land and a prestigious master-planned community by way of an expansive ridge.

"This was our sixth time working with Concierge Auctions, and we are thrilled with the outcome," said Martha Johnson of Montana Living ~ Big Sky Real Estate. "The auction platform creates a sense of urgency that brings qualified buyers to the table in a defined timeframe. The winning bidder of Freedom Pass couldn't be happier with his purchase of this exquisite piece of property and was impressed with the resources that Concierge provided and the ease of the auction process."

Across the country in North Carolina, Concierge partnered with Derek Rowley of Premier Sotheby's International Realty on the August sale of Blackpoint at Linville Falls — more than 80 acres of opportunity in Pisgah National Forest including an existing clubhouse with a pool, three luxury homes, and 37 remaining buildable lots.

"It was truly my privilege to work with Concierge Auctions to bring Blackpoint at Linville Falls to sale. Everyone on the Concierge team did a wonderful job, and I am absolutely convinced that we got the best possible result for our seller," Rowley stated. "Concierge Auctions is one of the most professional, organized, and successful companies I have had the privilege to work with in my 12-plus years in luxury real estate. The relationship I have formed with the team at Concierge over the past several years is truly that of a trusted partnership, and the luxury auction has become an integral element of my listing presentation and sales process for showcase properties."

Further north on the East Coast, in one of Connecticut's most coveted communities an hour northeast of New York City, Concierge Auctions sold 157 Easton Road at the end of September. The private, 7,885-square-foot estate, set upon 2.75 acres, is located on a mature landscaped wooded oasis on the Aspetuck River in Westport's affluent Coleytown section.

"Concierge Auctions has an innovative auction program that is both swift and effective," stated Jeff Dyment of William Raveis Real Estate. "Not only did Concierge quickly reach an audience of potential buyers at a global level, but the platform also gave our client a level of comfort knowing multiple bidders were qualified and ready on auction day."

Also during the third quarter, the firm once again was named to the exclusive Inc. 5000 list of America's fastest-growing companies for the third consecutive year. Concierge Auctions is now active in 32 US states and 14 countries, and reached the significant milestone earlier this year of achieving more than $1 billion in sales.

Concierge's Q4 2016 pipeline is robust with remarkable properties across the globe. This includes a contemporary palazzo residence in the heart of Venice, Italy; a 23,000-square-foot compound with a state-of-the-art sports complex in California; and a Pennsylvania manor home originally built in 1755. If you or someone you know is interested in buying or selling a remarkable property through Concierge Auctions, please call 212.202.2940.

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 32 US states and 14 countries, resulting in over $1 billion 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 three years.

Kari Neering

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