One of the biggest benefits when working with Concierge Auctions is the timeliness of the sale as opposed to the traditional real estate route. Additionally, modern and customary marketing techniques are utilized to produce maximum results. Concierge Auctions creates contracts without contingencies, which allows the seller to choose the close date, typically within four weeks of the sale. This alone often achieves the Net Present Value, which supersedes conventional real estate brokerage processes.
The auction process allows market competition to achieve the true value of assets, including real estate. In today’s world, time is money. Concierge Auctions allows both buyers and sellers to have timely closings without the arduous litigations of a traditional sale. With a database of more than 200,000 contacts from more than 170 countries around the world, Concierge Auctions keeps the pulse of the buyers in the market thanks to its tailored communication, marketing and management platforms.
Concierge Auctions has a committed and experienced team that delivers white-glove service. The managers are in constant communication with potential buyers and within the real estate community to provide top priority to clients.
The properties auctioned by Concierge Auctions must pass a rigorous analysis before becoming part of the system. For every 25 properties analyzed, only one is accepted. This thorough process includes reviews of the property details, meticulous calls with agents and sellers and property and market analysis, all of which culminate with the Auction Marketing Agreement. Concierge then works with clients to complete the agreed upon strategy in as few as 60 days or less. Each property receives a bespoke campaign, from search engine optimization and press coverage to social media and advertising. The marketing plan covers all bases to provide the most possible exposure for the property.
Auctions held by Concierge are high-end, sophisticated affairs that allow for in-person bidders, proxy, phone and Internet bids. The team encourages participation and upon closing, the bidder executes a contract and a 10 percent deposit.
Concierge Auctions is headquartered in New York City, with additional offices in Austin, Texas, and London, England. It has 34 full-time, dedicated employees and a board of strategic advisors (including real estate tycoon Barbara Corcoran) with impressive backgrounds in luxury real estate, finance and international expansion.
For a list of upcoming auctions, please visit http://www.conciergeauctions.com/upcoming-auctions/.