Concierge Auctions names next owner of 131-acre Colorado ranch & arena
Following a live auction with competition from eight bidders, Shiloh Ranch is under contract
COLORADO SPRINGS, Colo., July 17, 2014 /PRNewswire/ -- Concierge Auctions, which sells high-end properties worldwide through a live bidding solution, has announced the successful auction of Shiloh Ranch & Arena, a 131-acre equestrian estate just north of Colorado Springs, Colorado. Following an active bidding session with eight qualified bidders, the property is under contract in cooperation with Billy Long and Ron Morris of Ranch Marketing Associates. This was Concierge's second auction this year on behalf of the seller and it's second assignment alongside Ranch Marketing Associates.
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Unique attributes of Shiloh Ranch & Arena include:
- Equestrian facilities known as the best in El Paso County
- The largest heated and lighted indoor arena in the area
- An additional outdoor arena, eight-stall hay and feed barn, and 21-stall horse barn
- An immaculate, 7,558-square-foot brick country home with four bedrooms and four bathrooms, and separate quarters for an on-site ranch hand
Concierge Auctions' marketing efforts resulted in:
- Over 3,500 website visits from 48 US states (led by Colorado, California, Texas and New York) and 63 international countries (led by Canada, the UK, France and Australia)
- 26 open house visitors
- 21 showings
- 8 qualified bidders
The seller, Gary Erickson, remarked: "After Concierge sold my home in Paradise Valley, Arizona in April, I immediately hired them for Shiloh Ranch. Frank Martorano was the Project Sales Manager on both assignments — the guy on the ground who ran the show. I've been in the real estate business for over 40 years, and of the hundreds of sales people I've come across, Frank is without a doubt the hardest working. His ability to connect with the local market and his communication with my wife and me couldn't have been better. I'm now lucky to not only have two properties sold but also a new friend in Frank. The same goes for the entire Concierge team. They made me feel totally comfortable. I'm thrilled with their solution and will definitely auction more properties with them."
"It has been great working with Mr. Erickson, as he knows our team and trusts us fully to do our job," stated Concierge Auctions Founder and President, Laura Brady. "In less than four months we were able to sell two properties for him and allow him to move on to other opportunities. Our solution is certainly the smartest choice for sellers to take control of the monetization of one-of-a-kind real estate."
Concierge has two other Colorado sales upcoming this summer: The July 31st auction of Hassford Gulch in Crested Butte and the August 14th auction of Rising Hearts Ranch near Aspen.
About Concierge Auctions
Founded in 2008, New-York based Concierge Auctions has quickly become the dominant player in the luxury real estate auctions sector, selling high-end properties worldwide through a transparent and market-based bidding process. Since its founding, Concierge has successfully closed over a half-billion dollars in luxury properties, with $194 million contracted in 2013 alone — at an average price of $5.4 million. The business has spanned the globe, domestically from New York to Hawaii, and abroad from Fiji to Toronto. For more information call 888.966.4759.
SOURCE Concierge Auctions
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