FAQ

Featured Sold

1,613

PROSPECTS

30

SHOWINGS

11

BIDDERS

JACKSON HOLE, WYOMING

Teton Skyline, 655 N West Ridge Road

Listed by Philip S. Stevenson of The Clear Creek Group, LLC

SOLD IN SIX WEEKS | LISTED FOR $5.95M

A spectacular bird’s-eye view of the The Teton Range awaits at the top of Teton Skyline. Forest surrounds the property and provides a backdrop for four-season living and entertaining. At more than 8,600 square feet, with a wet bar and wine cellar, a theater and game room, and separate guest quarters, this traditional mountain estate is ideal for making treasured memories with family and friends.

SOLD | PHUKET, THAILAND | LISTED FOR $7M

OUR AGENT MARKETING STUDIO

OUR ONLINE STUDIO ALLOWS AGENTS THE ABILITY TO COBRAND AWARD-WINNING PROPERTY AND AUCTION COLLATERAL ON-DEMAND AT CASOTHEBYSMARKETINGSTUDIO.COM. Never lose a listing or miss bringing a buyer again. Premier opportunities for your clients—and commissions for you, even for deals or transactions outside of your market. Our agent marketing studio includes property postcards and emails, and auction collateral—all of which can be cobranded, printed, or downloaded in a few easy steps. Property postcards can also be direct mailed, and your client mailing lists are kept private.

FREQUENTLY ASKED QUESTIONS

Seller

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 800,000 individuals, including our Private Client Group of high-net-worth buyers, agents, and industry experts. The process typically results in 200–400 prospects, 25+ showings, and 3–7 qualified buyers competing for your property. Before the auction opens, you can decide whether to move forward after reviewing the field of bidders and their starting 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 pre-determined price threshold.

WHAT DOES IT COST? HOW DO YOU GET PAID? We do not charge any fees to sellers. Our fee comes from a premium paid by the buyer. Sellers pay agent commissions as outlined in their listing agreement.

I AM READY TO AUCTION MY PROPERTY. NOW WHAT? We are solely focused on luxury properties. Call us, or have your agent call us, to discuss your property.

Buyer

WILL I BE ABLE TO SEE AND INSPECT THE PROPERTY? Properties are available throughout the exposure period for potential bidders to preview and conduct inspections. Diligence is encouraged as all sales are “as-is,” without contingencies. Terms and Conditions of Sale, Purchase Contract, and property documents are available on each property’s page on casothebys.com.

WHERE DOES THE AUCTION TAKE PLACE? Bidders can participate in our auctions from anywhere in the world. The auctions are conducted on our digital bidding marketplace, casothebys.com. Bidders may also place bids over the phone with a dedicated bidder’s assistant.

I AM READY TO REGISTER TO BID. NOW WHAT? You may register to bid via our online marketplace at casothebys.com. Or, call us for personal service.

Our registration process has three steps: 1. Complete the Terms and Conditions of Sale. 2. Wire your Bidder Deposit, typically $100,000, which is credited towards your purchase if you are the winning bidder or is returned if you are not. 3. Provide a letter of reference from your bank or financial institution.

Agent

WHAT HAPPENS TO THE LISTING AGREEMENT IF MY CLIENT CHOOSES TO AUCTION? Your listing agreement remains 100% intact.

CAN I SPEAK WITH OTHER AGENTS WHO HAVE PARTICIPATED IN YOUR AUCTIONS? Certainly. Visit casothebys.com/agents to see a list of agents with whom we have worked.

HOW CAN AGENTS EARN MONEY WITH SOTHEBY’S CONCIERGE AUCTIONS? There are five ways: Represent a seller. Represent a winning bidder. Refer a new listing agent. Receive seller or buyer referrals from Sotheby’s Concierge Auctions. For more information visit casothebysreferral.com.

CAN I REPRESENT A BIDDER FOR AN AUCTION IN A LOCATION IN WHICH I AM NOT LICENSED? Yes. If your bidder wins the auction, your broker will be paid the co-brokerage commission as a referral fee.

Learn more at: casothebys.com/faq

Concierge Auctions, LLC, dba Sotheby’s Concierge Auctions, is an auctioneer. Sotheby’s Concierge Auctions’ principal address is 650 Madison Avenue, New York, NY 10022, and its phone number is (212) 202-2940. If required, Sotheby’s Concierge Auctions (or its representative) is registered, licensed and/or bonded in the state where the property to be auctioned is located. Our registration, licenses and bond information for Hawaii is: Bond # 107388494 Sotheby’s Concierge Auctions, RB-23427 500 Ala Moana Blvd. Suite 7-400 (Suite 464) Honolulu, HI 96813, Telephone: (212) 202-2940, Real Estate Broker: Tony R Young, License #RB-23428; Our registration, licenses and bond information for Virginia is: Bond # B30009712, Frank Trunzo, Auctioneer, License #2907002987; Our registration, licenses and bond information for California is: Bond #62662376, Concierge International Real Estate, Inc. (#02137467), 315 Montgomery St. 10th Floor San Francisco, CA 94104, Telephone: (212) 202-2940, Real Estate Broker: Barbara J Young, (License #00689235); Our registration, licenses and bond information for Oregon is: Frank Trunzo (License #201210458); Our registration, licenses and bond information for Louisiana is: Bond (#LA 12039), Frank Trunzo, Auctioneer, (License #LA-1958); Our registration, licenses and bond information for Texas is: Frank Trunzo, Auctioneer, (License #16847); Telephone: (212) 202-2940; Our registration, licenses and bond information for Pennsylvania is: Concierge Auctions, LLC, Auction Firm (License #AY002347), Bond #S-896800; Frank Trunzo, Auctioneer, (License #AU001228L), Telephone: (212) 202-2940; Our registration, licenses and bond information for South Carolina is: File #101102-0142, Auction Firm License #AF.4023.FIRM, Frank Trunzo, Auctioneer, License #4303.

These properties are listed for sale by Hawaii Life Real Estate Brokers, (Broker, License #RB-19928), 5-4280 KUHIO HWY #G203, PRINCEVILLE, HI, 96722, 808.896.9749, Carrie Nicholson (License #RB-19302), (“Listing Agent”); Daedalian Incorporated – Lee & Associates (Broker, License #0226002617), 10070 Mount Zion Road, Linville, VA 22834, (540) 433-7222, David W. Lee (License #0225036073), (“Listing Agent”); Compass California II, Inc. (Broker, License #01527235), 891 Beach Street, San Francisco, CA 94109; (415) 660-9955, Dana Green, (License #01482454), (“Listing Agent”); Fisher Nicholson Realty, LLC, (Broker, License #201207293), 403 Main Street, Klamath Falls, OR 97601-6029, (541) 884-1717, Candice Sonerholm (License #920300241), (“Listing Agent”); TR Real Co., LLC, (Broker, License #9010216), 313 Frey Street, Boerne, TX 78006, 210-861-7944, Travis Roberson (License #5577450), (“Listing Agent”); Engel & Völkers Okanagan (Broker, License #4073997), 1429 Ellis Street Kelowna, British Columbia, Canada; 778.478.9300, Richard Deacon, (License #177778), (“Listing Agent”); Coldwell Banker Realty (Broker, 0903652) 175 Park Ave. Madison, NJ 07940, 855.755.9965, Susan Wardrop (License #0018718), (“Listing Agent”); Engel & Völkers Parry Sound (“Broker”), License #201786, 70 Bowes St, Parry Sound, ON P2A 2L3, Canada, 705-771-9499, Matt Smith, License #4772340, (“Listing Agent”); Howard Hanna Real Estate Services (Broker, License #RB49340C)119 Gamma Drive, Pittsburgh, PA 15238, 412-287-1739, Lori Hummel (License #RS-129684-A), (“Listing Agent”); American Dream Realty, (Broker, License #23297), 1792 South Lake Drive, Lexington, South Carolina 29073, United States, 803-422-8023, Fran Smith (License #38663), (“Listing Agent”); Berkshire Hathaway Home Services Ambassador Real Estate, (Broker, License #20110078), 331 Village Pointe Plz, Omaha Nebraska, 68118, 402.493.4663, Michael Maley (License #20110078 ), (“Listing Agent”), and David Coover (License #20140320), (“Listing Agent”).

Sotheby’s Concierge Auctions (in certain jurisdictions) and certain Sotheby’s Concierge Auctions subsidiaries, employees, and representatives may possess real estate broker or salesperson licenses in various jurisdictions and may, in some circumstances, perform functions that may be deemed brokerage services, neither Sotheby’s Concierge Auctions nor its agents, employees, and affiliates are acting as a broker in any capacity for any party in connection with this auction. Bidders must seek brokerage services or advice from their own real estate agents or professional advisers. Our brokerage licenses are held solely for compliance purposes to further our auctioneering services.

Sotheby’s Concierge Auctions, the Listing Agent, the seller of the property and their respective agents, employees, and affiliates do not represent, warrant, or guarantee the accuracy or completeness of any information and shall have no liability for errors or omissions under any circumstances in this or any other property listings or advertising, promotional or publicity statements, and materials.

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casothebys.com +1 212.984.3894 inquiries@casothebys.com

The Global Marketplace to Buy and Sell the World’s Finest Properties

Sotheby’s Concierge Auctions is the world’s largest luxury real estate auction marketplace, with a state-of-the-art digital marketing, property preview, and bidding platform. The firm matches sellers of one-of-a-kind homes with some of the most capable property connoisseurs on the planet.

In November 2021, Concierge Auctions was acquired by Sotheby’s, the world’s premier destination for fine art and luxury goods, and Anywhere Real Estate, Inc. (NYSE: HOUS), the largest full-service residential real estate services company in the United States, holding a joint 80 percent ownership stake. Now Sotheby’s Concierge Auctions, the firm continues to operate independently, partnering with real estate agents affiliated with many of the industry’s leading brokerages to host luxury auctions for clients.

Since the company’s inception in 2008, it has generated billions of dollars in sales, broken world records for the highest-priced homes ever sold at auction and conducted auctions in 46 U.S. states and 32 countries. Sotheby’s Concierge Auctions owns one of the most comprehensive and intelligent databases of high-net-worth real estate buyers and sellers in the industry, and it has committed to build hundreds of homes through its Key For Key® giving program in partnership with Giveback Homes™, which guarantees that for every property the company sells, a new home is funded for a family in need.