Concierge Auctions Closes 2017 With Over $4 Billion In Bids, $1.5 Billion In Historic Sales, Two World Records For The Highest Prices Ever Achieved At Auction, 67 Homes Funded For Families In Need, And Expansion Into China
Luxury Real Estate Bidding Platform Continues Dominance As The Largest Marketplace To Buy And Sell The World's Finest Properties
NEW YORK, Jan. 9, 2018 /PRNewswire/ -- Entering its 10th year in business, Concierge Auctions maintains dominance as the choice marketplace for buyers, sellers and agents of the world's most distinguished properties. In 2017, the firm exceeded $1.5 billion in historic sales and elevated its average sale price from $3.5 million to $4.3 million. The firm's digital bidding platform processed over $4 billion in offers for properties in 24 U.S. states and 15 countries.
"2017 was a game-changing year," stated Chairman Chad Roffers. "Now with 24/7 access to our online marketplace, buyers, sellers and agents can purchase and sell at any time, from anywhere in the world. Our private client list has grown to be the most valuable in the industry. As a result, nearly half of our bidders for every sale are activated directly from our database. Further, our analysis of our clients' digital interactions continues to guide our curation of new properties that specifically cater to their interests."
In addition to Concierge Auctions' consistent success with selling $2 million, $5 million, and $10 million-plus estates, the firm made headlines for breaking the world record for the highest-priced sale ever achieved at auction — twice, both in Europe and the U.S. In September, Concierge sold a 19th-century château in Geneva, Switzerland. Previously offered for 48 million Swiss francs (about US $47.66 million), Château de Promenthoux was designed by one of the renowned architects behind the Eiffel Tower. Just three months later, Concierge Auctions sold Walnut Place — a historic estate set on 25 prime acres in Dallas, Texas, previously offered for $48.9 million.
"After working together on almost a dozen auctions, the Concierge Auctions platform never ceases to amaze me," stated the buyer's agent of Walnut Place, Kyle Crews of Allie Beth Allman & Associates. "Their global marketing outreach and high-net-worth database is unrivaled, as is their cooperation with the brokerage community. Concierge has never auctioned a property without an agent partner, which makes the sales process seamless, collaborative, and ultimately, a true partnership."
Kicking off 2017, founders Laura Brady and Chad Roffers were both named to the esteemed Inman Influencer List, a January tradition at Inman News that includes a mix of leaders who have contributed to significant change in the real estate industry. Other accolades included the firm's selection by Inc. Magazine as one of the fastest-growing companies in the U.S. for the fourth year in a row; growing traction in China, highlighted by multiple auctions specifically targeting Chinese buyers that resulted in over $120 million in sales; seven marketing awards from the National Auctioneers Association and USA Today; and seven Telly awards for innovative videography. In April, Concierge published its inaugural "Luxury Homes Days On Market Index," which was lauded for its unique insight into the country's hottest luxury markets.
"As more sellers than ever are interested in joining our marketplace, our main focus has been towards raising the caliber of our talent, processes, and technologies to support the global demand," said Concierge Auctions President Laura Brady.
Significant recent hires include Vice President of Sales Operations Betsy Roberts, who spent the past six-and-a-half years helping vacation rental marketplace HomeAway scale from a pre-IPO stage to a public company; Earl Lloyd as Director of Sales Development; Neil Stout as Director of Data Strategy and Management; and Nick Leonard's promotion to Senior Vice President of Business Development.
While enjoying rising revenue and industry-changing recognition, the 2017 accomplishment Brady and Roffers are most proud of is Concierge Auctions' April launch of the Key for Key® giving program in cooperation with Giveback Homes. The first program of its caliber, Key for Key® guarantees that for every property the company sells, a new home will be built for a family in need. Initial efforts have been focused in Nicaragua, where the need for safe housing is critical. A total of 67 families have received new homes thus far, resulting in hundreds of lives forever changed.
In the words of one of the program's recipients, Rafaela Tremino, "Finally, we have a place that is dry, where the rain does not get in, where we can feel safe. My four-year-old daughter and I now have hope that our life condition can change; that we can live with dignity."
NOTABLE 2017 SALES INCLUDE:
- 1505 Greenway Terrace, Elm Grove, WI - Sold for $2,100,000
- 856 Silvertip Heights, Canmore, Alberta, Canada - Sold for $1,833,287
- 1133 14th Street, Unit 2350, Denver, CO - Sold for $1,864,800
- 161 Sunrise Point, Breckenridge, CO - Sold for $4,032,000
- 20 Ocean Lane, Indian River Shores, FL - Sold for $2,352,000
- 10 Ocean Lane, Indian River Shores, FL - Sold for $7,728,000
- 5 and 5-A Turner's Hole, St. Croix - Sold for $1,568,000
- 35237 North Ridgeway Drive, Carefree, AZ - Sold for $2,363,200
- 1325 Silver Rock Lane, Evergreen, CO - Sold for $2,688,000
- 180 Eagle Chase Lane, Troutman, NC - Sold for $1,993,600
- 4615 A Hanalei Plantation Road, Princeville, HI - Sold for $2,868,376
- 2470 South Highway A1A, Vero Beach, FL - Price Confidential
- 10343 E. Pinnacle Peak Road, Scottsdale, AZ - Sold for $2,688,000
- 7839 N. Foothills Drive, Paradise Valley, AZ - Sold for $3,393,600
- Bahama Reef Yacht & Country Club, Freeport, Bahamas - Sold for $1,775,000
- 325 Split Rail Drive, Graford, TX - Sold for $1,680,000
- The Abaco Club Lot 47, Winding Bay, Abaco - Pending
- The Abaco Club Lot 51, Winding Bay, Abaco - Sold for $1,736,000
- N3281 County Highway M, Winter, WI - Sold for $1,075,000
- 13705 Paseo de las Cumbres, Poway, CA - Sold for $2,195,200
- 45431 Greenling Circle, Mendocino, CA - Sold for $3,080,000
- 62-3916 Lanikeha Place, Kamuela, HI - Sold for $6,608,000
- 101 Carrier Road, Transfer, PA - Sold for $1,700,000
- Château Roquehort, Monein, France - Sold for $1,282,595
- Casa Bellamar, Cabo San Lucas, Mexico - Sold for $369,600
- 720-13th Avenue Southwest, Alberta, Canada - Sold for $974,346
- Navodo Bay, Vanua Levu Cakaudrove, Fiji - Sold for $2,660,000
- Casa Bellamar, Cabo San Lucas, Mexico - Sold for $3,052,000
- 7914 Summit Cove, Fort Worth, TX - Price Confidential
- 1880 South Highway A1A, Vero Beach, FL - Sold for $3,836,000
- 822 North Street, Greenwich, CT - Price Confidential
- 2150 South Highway A1A, Vero Beach, FL - Price Confidential
- 201 Moog Road, Garrison, NY - Pending
- Villa Annabella, Sandy Bay, Hanover, Jamaica - Sold for $1,904,000
- 63 Avondale Lane #R3, Beaver Creek, CO - Price Confidential
- 909 Ute Forest Lane, Edwards, CO - Sold for $3,360,000
- 7000 Beaver Creek Road, Big Sky, MT - Price Confidential
- 7 Eagle Point Lane, Castle Rock, CO - Sold for $4,452,000
- 2008 N 1st Avenue, Phoenix, AZ - Sold for $1,425,000
- Lot 46 Abaco Club, Winding Bay, Bahamas - Sold for $1,792,000
- 10545 La Reina Road, Delray Beach, FL - Sold for $224,000
- 10542 La Reina Road, Delray Beach, FL - Sold for $1,708,000
- Horseshoe Ranch Highway 14, West Dayton, WY - Price Confidential
- 849 East Scenic Drive, Pass Christian, MS - Sold for $2,016,000
- 2137 Union Hill Road, Malvern, PA - Sold for $1,344,000
- 300 Wye Narrows Drive, Queenstown, MD - Sold for $3,332,000
- 17 Discovery Drive, Dover, VT - Sold for $2,128,000
- 223 Beacon Road, Avalon, CA - Sold for $5,152,000
- 42490 Swiftwater Point, Clayton, NY - Pending
- 106 Grey Lady Court, Moorseville, NC - Sold for $1,675,000
- 628 Windsock Way, Moorsetown, NJ - Sold for $1,820,000
- Yellowstone Preserve, Big Sky, MT - Price Confidential
- Château de Promenthoux, Geneva, Switzerland - Pending
- 56-3083 West Paukea Bay Drive, North Kohala, HI - Price Confidential
- 107 Nueces Trail, Aledo, TX - Price Confidential
- 28555 N. Feather Mountain Road, Paulden, AZ - Sold for $482,000
- 42627 Cross Island Rd, Clayton, NY - Sold for $784,000
- 585 W. Lodge Cottage Rd, Jackson, WY - Sold for $1,960,000
- 11500 Eagle Springs Trail, Longmont, CO - Sold for $2,576,000
- 985 Elk Ridge Rd, Jackson, WY - Sold for $899,500
- Inyanga Ranch, Glenwood Springs, CO - Price Confidential
- 2295 Moretown Mountain Road, Moretown, VT - Pending
- 110 Peregrine Drive, Durango, CO - Sold for $2,072,000
- Château de Charbonnières, France - Pending
- 1375 Moosepoint Rd, Bozeman, MT - Sold for $2,128,000
- 93 Clapboard Ridge Road, Greenwich , CT - Pending
- 511 Barton Blvd, Austin, TX - Pending
- 27 Lae Place, Paia , HI - Sold for $4,855,200
- 2750 E. Creek Crossing Ln, Salt Lake City, UT - Sold for $5,432,000
- 108 Bayou Lane, Kemah, TX - Sold for $1,125,000
- 24 Almanack Pond Road, Nantucket, MA - Sold for $2,772,000,
- Finca Sagitario, Istán, Marbella , Spain - Pending
- 110 Sea Shell Lane Lucaya, Bahamas - Pending
- Four Seasons Resort Estates, Nevis, West Indies - Pending
- 365 Gano Drive, Woodruff, SC - Pending
- 33 Inspiration Lane #23, Stowe, VT - Pending
- 312 Wennmohs Place, Horseshoe Bay, TX - Sold for $3,752,000
- 7922 S. Holiday Drive, Sarasota, FL - Pending
- 1940 South A1A, Vero Beach, FL - Pending
- 10000 Hollow Way Road, Dallas, TX - Pending
To inquire about purchasing the world's finest homes, or if you have a remarkable property to submit for consideration to the Concierge Auctions platform, call 212.202.2940.
About Concierge Auctions
Concierge Auctions is the largest luxury real estate marketplace in the world. Powered by state-of-the-art technology, the company has generated over $1.5 billion in sales and is active in 38 U.S. states/territories and 18 countries. Concierge curates the best properties globally, matches them with qualified buyers, and facilitates transparent, market-driven transactions in an expedited timeframe. The firm owns what is arguably the most valuable, ultra-high-net-worth client list in real estate and has been named one of America's fastest-growing companies by Inc. Magazine for the past four years.
Contact:
Kari Neering [email protected]
Chanelle Kasik [email protected]
212-257-1500
SOURCE Concierge Auctions
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