GLOBAL AUCTION MAY 2020 | Now Accepting Properties
MayGlobalAuction.com | +1 212.257.5179 | inquiries@conciergeauctions.com
THE WORLD’S FINEST PROPERTIES REALIZE YOUR RESOLUTION This May, we will showcase some of the world’s finest properties to global buyers on the heels of recent successful sales in Hong Kong, New York City, and Dubai—which shattered sales estimates and resulted in over 180 global bidders, millions in luxury properties sold, and record prices. Bidding will take place on our online marketplace, allowing buyers to bid digitally from anywhere in the world. Selected properties will also receive additional national advertising in The Wall Street Journal. This is your opportunity to reach some of the wealthiest people in the world and sell in Q2, as markets continue to soften. The properties in this sale are highly vetted and space is limited. MayGlobalAuction.com | +1 212.257.5179 | inquiries@conciergeauctions.com
Reach global buyers. Sell this May.
TIMING +
APRIL 20 Deadline for Signing
+
APRIL 22-29 Properties Launch
+
M AY 27 Online Bidding Opens
+
MAY 29 Online Bidding Ends
MayGlobalAuction.com | +1 212.257.5179 | inquiries@conciergeauctions.com
S O L D $ 1 6 . 0 1 6 M : F O RT L A U D E R D A L E , F L PROSPECTS 2,472 | OPEN HOUSE 116 | SHOWINGS 78 | BIDDERS 8
GLOBAL REACH EXPOSURE HIGHLIGHTS Properties will receive direct reach to targeted members of our global database of more than 645,000 individuals, including our Private Client Group. We also reach high-networth buyers in key feeder markets for your property’s location. Only the finest properties are selected for our platform—just one of every 20. Our process typically results in 300 prospects and multiple buyers competing for your property. MayGlobalAuction.com | +1 212.257.5179 | inquiries@conciergeauctions.com
“
Teaming up once again with Concierge Auctions and Nash Luxury produced a successful outcome for our client. 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.”
— Billy Nash, Listing Agent, Nash Luxury, Illustrated Properties
PUBLIC RELATIONS +
SALES
Inclusion in sale “lineup” release, distributed over global wire
+
Dedicated Project Sales Manager
+
Market, key influencer, and broker/agent outreach
EMAIL MARKETING Inclusion in Auction Alert ® email, distributed to 95,000 ± weekly subscribers
COLLATERAL High-quality photography*
+
Drip email campaign
+
Custom messaging
“Preview Invite” sent to key market agents
+
+
+
Print collateral and signage
+
Radius and/or key market mailing
+
Inclusion in monthly catalogue, direct mailed to members of our Private Client Group, billionaires, and high-net-worth property owners across the U.S.
+
ADVERTISING +
Custom key market print advertising plan
+
Google Display Network display and retargeting banner ads; The entire Google Display Network reaches over 90% of internet users worldwide (Sample sites include WSJ.com, Entrepreneur.com, Forbes. com, NYTimes.com)
+
Google AdWords campaign
+
Facebook advertising campaign, targeting new potential buyers, agents, and executives in key and feeder markets
+
Facebook retargeter campaign, reaching visitors of your property’s page on ConciergeAuctions.com
+
Property listings on LuxuryRealEstate.com, Realtor.com, Zillow.com, and Trulia.com (based on MLS feed)
* If applicable
ADDITIONAL EXPOSURE +
Exposure on Juwai, the largest and most authoritative source for global property in Chinese
+
National print advertising in The Wall Street Journal
MayGlobalAuction.com | +1 212.257.5179 | inquiries@conciergeauctions.com
SOLD $8M & $3M: SUNDANCE, UT | HIGHEST SALES IN AREA IN 5 YEARS COLLECTIVELY: PROSPECTS 1,800 | OPEN HOUSE 107 | SHOWINGS 35 | BIDDERS 18
Benefit from selling quickly as markets continue to soften.
MayGlobalAuction.com | +1 212.257.5179 | inquiries@conciergeauctions.com
“
I’m very familiar with the Concierge Auctions process and knew that their platform would bring a successful outcome for our client who was looking to sell on their timeline. This partnership continues to bring victory after victory and should be every Realtor’s ace in the hole for luxury listings. I’m honored to share in this achievement together, and I’m looking forward to the many that are still to come.”
— Paul Benson, Listing Agent, Engel & Volkers
A WORLD OF QUALIFIED BUYERS Luxury property owners can benefit from selling quickly as real estate markets continue to soften due to uncertainty, rising inventory, and tax code changes. +
212,615 households have assets of more than USD $30M (€28M)
+
10% of ultra-high-net-worth individuals own at least five residences.
BUYER LOCATIONS The percent of ultra-high-net-worth individuals planning to buy a home outside of their country of residence in 2019/2020: EUROPE
21%
NORTH AMERICA
ASIA
11%
25% MIDDLE EAST
27%
LATIN AMERICA
56%
Source: WealthX
MayGlobalAuction.com | +1 212.257.5179 | inquiries@conciergeauctions.com
THE RESULT OVER $2.5 BILLION IN WORLDWIDE SALES
Listed by Corinne Poffenroth of Sotheby’s International Realty Canada
S O L D $ 6 . 8 0 4 M : R A N C H O S A N TA F E , C A
“
The global exposure generated by the Concierge Auctions team throughout this process has been pivotal to attracting high-net-worth individuals around the world, the luckiest of whom will carry out the legacy of my family home.”
— Wendy Walker, Seller
PROSPECTS 1,730 OPEN HOUSE 151 SHOWINGS 39 BIDDERS 10
MayGlobalAuction.com | +1 212.257.5179 | inquiries@conciergeauctions.com
SOLD $3.35M: LAKE LAS VEGAS, NV + HIGHEST SALE IN AREA SINCE 2016 PROSPECTS 1,191 OPEN HOUSE 105 SHOWINGS 32 BIDDERS 8 Listed by Kristen Routh-Silberman of Synergy Sotheby’s International Realty and Scott Tampkin of Compass
S O L D. L I S T E D F O R $ 3 5 M : PA R A D I S E VA L L E Y, A Z + HIGHEST SALE IN AREA IN DECADE & ARIZONA FOR YEAR PROSPECTS 1,000+ OPEN HOUSE 120 SHOWINGS 45 BIDDERS 5 Listed by Sandra Wilkin of Sandra Wilkin Properties
MayGlobalAuction.com | +1 212.257.5179 | inquiries@conciergeauctions.com
FAQS: THE AUCTION PROCESS SELLER WHY SHOULD I CHOOSE TO AUCTION
WHAT DOES IT COST?
INSTEAD OF SELLING TRADITIONALLY? We see auction as an additional tool rather than an alternative. However, we know that the traditional model has limitations—especially in the luxury realm where the buyer pool is limited and properties are not very liquid even in healthy market conditions. With Concierge Auctions, because start to closing is typically just 60 days, you can avoid the carrying costs and opportunity cost associated with long days on market. It is intense, effective, and lets you control the timing of your sale. In short, we accomplish in 60 days what far too often takes years.
HOW DO YOU GET PAID? There are no upfront costs to sellers, and we pay all marketing costs associated with auctioning the property. Our fee comes from a premium paid by the buyer in addition to the high bid. Sellers pay agent commissions as outlined in their listing agreement.
HOW DOES THE AUCTION PROCESS WORK? In conjunction with your agent, we showcase your property to targeted members of our global database of more than 645,000 individuals, including our Private Client Group of high-networth buyers, agents, and industry experts. The process typically results in 300 prospects and 3–5 qualified buyers competing for your property. For a No Reserve auction, before the auction opens, you can decide whether to move forward after reviewing the field of bidders and their opening bids.
AREN’T AUCTIONS ONLY FOR DISTRESSED PROPERTIES? No. Our typical seller is well capitalized. They choose auction to control the timing of their sale. WHAT AUCTION FORMATS DO YOU USE? We use two auction formats. 1) No Reserve: There is no minimum bid to purchase. 2) Reserve: Will sell at or above a predetermined price threshold. I AM READY TO AUCTION MY PROPERTY. NOW WHAT? We are solely focused on luxury properties and only one in 20 is chosen for our platform. Call us, or have your agent call us, to discuss your property.
MayGlobalAuction.com | +1 212.257.5179 | inquiries@conciergeauctions.com
S O L D . L I S T E D F O R C H F 5 0 M : G E N E VA , S W I T Z E R L A N D E U R O P E W O R L D R E C O R D : H I G H E S T P R I C E AT A U C T I O N
PROSPECTS 1,700+ SHOWINGS 44 BIDDERS 12 Co-Listed by Guive Emami of Naef Prestige and Alex Koch de Gooreynd of Knight Frank
AGENT WHAT HAPPENS TO THE LISTING
H O W C A N AG E N T S E A R N M O N E Y
AGREEMENT I F M Y C L I E N T C H O O S E S
WITH CONCIERGE AUCTIONS? There are five ways: 1) Represent a seller. 2) Represent a winning bidder. 3) Refer a new listing agent. 4) Receive seller or 5) buyer referrals from Concierge Auctions. For more information visit ConciergeAuctionsReferral.com.
TO A U C T I O N ? Your listing agreement remains 100% intact. We have never conducted an auction without a listing agent involved and a commission offered to a buyer’s agent. Agents on both sides of the transaction earn their full commissions as paid by the seller. C A N I S P E A K W I T H OT H E R AG E N T S W H O H AV E PA R T I C I PAT E D I N YO U R A U C T I O N S ? Certainly. Visit ConciergeAuctions.com/agents to see a list of agents with whom we have worked.
CAN I REPRESENT A BIDDER FOR AN A U C T I O N I N A LO C AT I O N I N W H I C H I A M N OT L I C E N S E D ? Yes. If you bidder wins the auction, you will be paid the co-brokerage commission as a referral fee. Learn more at: ConciergeAuctions.com/faq
MayGlobalAuction.com | +1 212.257.5179 | inquiries@conciergeauctions.com
“
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. 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.”
— Robert Pereira, Seller
N E W YO R K 405 LEXINGTON AVENUE, 26TH FLOOR NEW YORK, NY 10174 AUSTIN 800 BRAZOS STREET, SUITE 220 AUSTIN, TX 78701 LO N D O N BERKELEY SQUARE HOUSE, MAYFAIR, LONDON, W1J 6BD, UK TO R O N TO 100 KING STREET WEST, STE 5600 TORONTO, ON, M5X 1C9, CA
MayGlobalAuction.com | +1 212.257.5179 | inquiries@conciergeauctions.com Concierge Auctions, LLC is a provider of auction marketing services, is not a brokerage, and is not directly involved in selling real property. The services referred to herein are not available to residents of any state where prohibited by applicable state law. Concierge Auctions, LLC, its agents and affiliates, broker partners, auctioneers, and Sellers do not warrant or guaranty the accuracy or completeness of any information contained herein and shall have no liability for errors or omissions or inaccuracies under any circumstances in this or any other property listings or advertising, promotional or publicity statements and materials. This is not meant as a solicitation for listings. Brokers are fully protected and encouraged to participate. Concierge Auctions. Equal Housing Opportunity. All rights reserved.