Concierge Auctions and Sotheby's International Realty
An auction can be the preferred venue for unique properties.
Unique properties are difficult to value because few direct comparables exist. In many cases it is nearly impossible to establish a price for the unique elements of an extraordinary property. Buyers who understand the value of distinctive properties are action driven and very competitive. A Concierge Auction is a highly promoted sale event and it captures the highest market value for a property by compelling qualified buyers to purchase at auction.
SELLING AT AUCTION FOR MARKET VALUE 60 days to sell with certainty Seller controls timing and terms Buyer confidence in an open forum Sale without contingencies Open bidding sets price Invest your equity elsewhere
LISTING AT SELLER'S ASKING PRICE Going down the path of an expired listing Unpredictable timing Buyer controls timing and terms Buyer trepidation of market unknowns May be subject to financing Negotiated sales price
