Concierge Auctions Successfully Sells Luxury Hawaiian Residence in Exclusive Kuki'o

Extensive global outreach results in 100+ property showings and 8 bidders

PRNewswire
KAILUA-KONA, Hawaii
Sep 4, 2010

A live, luxury property auction conducted yesterday on the sunny Kona coast on the Big Island of Hawaii resulted in a successful sale, announced NYC-based Concierge Auctions. Situated on over 1.6 acres in Kuki'o - home to the exclusive Kuki'o Golf and Beach Club - 72-3203 Punaloa Place was sold in cooperation with Kuki'o Properties. The buyer was from New Jersey and was also represented by Kuki'o Properties.

"We are excited to continue our success and momentum in Hawaii," stated George Graham, CEO of Concierge Auctions. "Our firm represents luxury sellers nationwide, and having sold over $40 million in luxury Hawaiian residences in the past year, we are especially proud of our presence in this state. Hawaii is home to some of the world's most scenic and valuable real estate, but it is especially challenged by today's fragile economy. Our process is helping the most motivated luxury sellers in the most premier Hawaiian communities by exposing their properties worldwide and identifying smart buyers who are taking advantage of the true opportunities."

Concierge Auctions' targeted campaign of internet, print and direct marketing, combined with aggressive sales efforts, broker outreach, and public relations, generated an impressive 100+ showings and 8 bidders from California, Minnesota, Nevada, New Jersey and New York. More than 2,700 visitors viewed the auction website from 56 countries (led by the US, Canada, Japan and the United Kingdom) and all US states.

"This was the fourth property that Concierge Auctions has sold for us, and we continue to be pleased by their results," stated Mark Harner of Central Pacific Bank, seller of the residence. "Their sales and marketing teams are extremely skilled, and their ability to attract buyers within a short period of time is impressive. We look forward to using Concierge Auctions again and would certainly recommend them to other luxury property sellers who want to achieve a highly satisfactory price in a time-efficient manner."

"Concierge Auctions deals solely with the most premier luxury properties," stated Carrie Nicholson, Principal Broker of Kuki'o Properties. "Through our collaborative efforts in selling four properties at auction this year, we are thrilled to have identified new owners who will enjoy the Kuki'o lifestyle for years to come."

72-3203 Punaloa Place is a 5,795-square-foot residence designed to facilitate outdoor living and a relaxed, informal style the Hawaiian Islands are known for. The four-bedroom home offers mesmerizing views of the Pacific Ocean, and each bedroom suite has a private bath complete with an outdoor shower garden enclosed by lava rock walls. Exterior details include a vanishing edge pool and spa, expansive covered lanais, an outdoor kitchen and a 200-square-foot "Pai Pai" - a thatched bamboo trellis.

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.

  1. 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 30,000 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.

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SOURCE: Concierge Auctions

CONTACT: Kari Neering, Rubenstein Public Relations, +1-212-843-8392,
kneering@rubensteinpr.com

Web Site: http://www.conciergeauctions.com/


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