Concierge Auctions Continues To Dominate The Florida Real Estate Market, Closing $230 Million In Auction Sales Statewide

NEW YORK - June 4, 2019 - PRLog -- Concierge Auctions continues to showcase its presence and effective methodology in the upscale Florida real estate market, including three recent successful auctions in the Miami and Broward County areas with combined list prices totaling $131.25 million. Since the company's founding in 2008, 40 auctions have transpired in the state of Florida — nine in the last year alone — generating a total of over $230 million in sales, including the world record in late 2018 for highest sale price ever achieved at auction and highest sale ever in Broward County for Playa Vista Isle in Hillsboro Beach, Florida.

"Our increased activity in the Florida market proves more luxury homeowners are choosing to sell at auction as an on-demand solution in the liquidating of assets on their timeline, and buyers recognize we are the leading marketplace to name their price for high-end property," said Chad Roffers, chairman of Concierge Auctions. "Ten years ago, we set out to build a predictable, broker-friendly model that's a win-win-win for sellers, buyers, and agent. Today, we've expanded to 40 states and 27 countries and can sell any property in the world in just six weeks."

The recent release of Concierge Auctions' third-annual "U.S. Luxury Homes Index" — an analysis of the 10 highest property sales in 56 high-end markets around the U.S. — found the top 10 luxury homes in the Miami and Broward County marketplaces lingered on the market for an average of 502 and 605 days, respectively. The majority of the properties took longer than 180 days to sell — 627 days (Miami) and 746 days (Broward County) —and achieved 67.74% and 82.37% of the original list price, respectively.

"I hired Concierge Auctions because their reach to the most elite buyers across the globe is unsurpassed, and I've been equally impressed by the attention to detail and business acumen of their entire organization," commented the seller of Playa Vista Isle, Robert Pereira. "If I had the chance to sell this property again, Concierge Auctions would be my first call. They are the best organization in the world to produce the highest price for one-of-a-kind properties in an efficient manner."

Recent Florida auctions include Tarpon Pointe in Fort Lauderdale, which auctioned at a live on-site event on May 18^th in cooperation with Billy Nash of Nash Luxury at The Keys Company, a member of Concierge Auctions' 2019 Agent Advisory Board. Last listed for $27 million and on the market for 284 days, Concierge Auctions' global exposure resulted in 2,472 buyer prospects, 116 open house visitors, 78 qualified showings, and eight bidders.

"Teaming up once again with Concierge Auctions and Nash Luxury produced a successful outcome for our client," said Nash. "Being able to globally market a one-of-a-kind property, identify buyers, and have the property under contract in less than 90 days adds tremendous value. We look forward to our next deal together."

Previously listed for $36.25 million, Casa Bella Fortuna in Las Olas Isles auctioned for $17.36 million at a live on-site event on April 12^th in cooperation with Hot Listings Miami TV star and executive producer Katrina Campins of The Campins Company. This estate — completed in 2015 and inspired by the Doge's Palace in Venice — was on the market 522 days prior to the auction before the month-long marketing campaign elicited more than 1,510 buyer prospects, 80 open house tours, 26 qualified showings, and nine total bidders by the close of the auction.

"My client's experience with Concierge Auctions was professional and seamless," said Chad Gray of the Luxury Living Fort Lauderdale group at Compass Florida, who represented the buyer. "The firm delivered impressive results on all fronts, and the auction created the exciting urgency for my client to pursue this property. I look forward to working with Concierge Auctions again in the near future."

41 Arvida Parkway, previously listed for $68 million, which auctioned via Concierge Auctions' digital marketplace on March 22^nd in cooperation with Marc Hameroff and Lourdes Alatriste of Engel & Völkers. Concierge Auctions' global marketing campaign resulted in 1,820 buyer prospects, 20 qualified showings, and six bidders. The sale price represents the highest in Coral Gables this year.

Upcoming Florida auctions include a 14,329-square-foot Coral Gables home within the prestigious Gables Estates community, which will auction this month via Concierge Auctions' online marketplace. Boasting modern interiors, waterfront access with a boatlift and private dock accommodating a 101-foot yacht, and a 5,000±-bottle wine room with tasting area, 555 Arvida Parkway is currently listed for $17.99 million and will auction Without Reserve in cooperation with Audrey Ross of Compass. Bidding will be open online June 21^st-25^th.

"The auction of this chic, modern home presents a rare opportunity to purchase a property of this magnitude in this exclusive community," said Ross. "I am excited to partner with Concierge Auctions given their recent successes in the Miami-area. The firm's world-class marketing and impressive database should drive a robust pool of bidders."

A beachfront property in Fort Myers Beach will also auction this month via Concierge Auctions' digital marketplace. Previously listed for $9.75 million, 7840 Estero Boulevard will auction Without Reserve in cooperation with Christopher Spina of Spina Realty Company. Bidding will be open online June 21^st-27^th.

As part of Concierge Auctions' Key for Key^® giving program in partnership with Giveback Homes, each property sold will result in a new home built for a family in need.

Concierge Auctions offers a commission to the buyers' representing real estate agents. See Auction Terms and Conditions for full details. For more information on any of these auctions, if you have a remarkable property to submit for consideration to the Concierge Auctions' platform, or to receive a full "Luxury Homes Index" report, call 917.779.0515.

About Concierge Auctions

Concierge Auctions is the largest luxury real estate marketplace in the world, powered by state-of-the-art technology. Since its inception in 2008, the firm has generated billions of dollars in sales, broken world records for the highest priced homes ever achieved at auction, and is active in 40 U.S. states/territories and 27 countries. Concierge curates the most prestigious properties globally, matches them with qualified buyers, and facilitates transparent, market-driven transactions in an expedited timeframe. The firm owns arguably the most comprehensive and intelligent database of high-net-worth real estate buyers and sellers in the world. As a five-time honoree to the annual Inc. Magazine list of America's fastest-growing companies, it now joins the Inc5000 Hall of Fame; was named No. 38 on the 2018 Entrepreneur 360™ List recognizing 360 small businesses every year that are mastering the art of and science of growing a business in the areas of impact, innovation, growth, leadership, and business valuation; and has contributed more than 200 homes to-date as part of its Key for Key^® giving program in partnership with Giveback Homes, which guarantees that for every property the company sells, a new home will be built for a family in need. For more information visit conciergeauctions.com.