Concierge Auctions Attends Luxury Property Showcase in Beijing, China

Preeminent real estate auction firm participates in showcase, presents upcoming auction properties, and discusses live bidding component to prospective international buyers

PR Newswire
NEW YORK
Dec 21, 2010

NEW YORK, Dec. 21, 2010 /PRNewswire/ -- Concierge Auctions attended the 2010 Luxury Properties Showcase in Beijing, China, where representatives educated global buyers on the ease of purchasing luxury homes through their auction platform. Buyers were invited to register to receive notification of future sales and were informed of their ability to now bid live via the Internet on auction properties for sale through Concierge Auctions.

The Luxury Properties Showcase, held December 10-12 at the Ritz-Carlton Beijing, is China's most exclusive property exhibition dedicated entirely to luxury and high-quality homes. Respectful companies globally are invited to participate in the three-day networking event, where they present a wide range of high-end and prestigious properties. The annual showcase is designed to allow on-site transactions and presents exhibitors with multiple opportunities to close deals and develop on the China market. Over 4,000 high-net-worth-individuals attended this year's conference.

"The LPS was a tremendous experience for our company," stated Laura Brady, Vice President of Marketing for Concierge Auctions. "The Asian buyer interest in viable real estate opportunities for premier properties throughout the United States is strong. Conference attendees were very excited about our concept, and were savvy enough to appreciate how helpful it is given that we first identify the best opportunities, then allow bidders to purchase in a straightforward transaction."

Concierge Auctions shared information at the conference on their auction process for selling luxury properties, which enables bidders to participate in person or proxy via telephone or Internet. The Internet bidding platform is conducted live during auctions, and pre-registered bidders are able to hear audio, watch video and view images of the property while bidding.

"The international buyer activity in our auctions has historically been strong. The Beijing showcase is only one example of the methods we'll be using in the days ahead to increase our awareness and accessibility to the international buyer," stated George Graham, CEO of Concierge Auctions. "Now that we offer live Internet bidding during our auctions in addition to phone bidding, we expect that even more foreign bidders will become involved, making the bidding pool more exciting and diverse."

Concierge Auctions is currently accepting applications from luxury sellers nationwide with premier, storied properties. The company's innovative auction platform offers a 60-day disposition solution from engagement to closing. For more information about Concierge Auctions and its services please call 888-966-4759 or visit www.ConciergeAuctions.com.

About Concierge Auctions: Concierge Auctions is the preeminent luxury real estate auction firm serving high-end sellers nationwide. A leading provider of services for individual and institutional owners of luxury residential real estate, Concierge Auctions is revolutionizing the industry by offering an accelerated marketing process that obtains fair market value for high-end properties in a determined time frame. Building on a centuries-old method for selling the finest art and antiquities, the company combines the latest technologies and marketing programs with experienced personnel to generate the maximum value for the most premier properties in an open, competitive forum. As a preferred auction provider to Sotheby's International Realty® and other luxury brokerage firms, the company has executed auctions throughout the country, from New York to Hawaii. The company's database includes more than 10,000 luxury real estate buyers and agents from all 50 states and 38 countries and territories. The principals of Concierge Auctions have been involved in the transfer of more than $2 billion in luxury real estate sales over the past 10 years. For more information, call 888-966-4759 or visit www.ConciergeAuctions.com

SOURCE Concierge Auctions


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