September/October 2024 Digital Catalogue

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Curating the very best in class, we’re pleased to present the lineup for the September Hong Kong live auctions. Held as part of Sotheby’s ‘The Luxury Sales,’ the Sotheby’s International Realty offerings on pages 14–29 will close live on 25 September at the newly opened retail and exhibition space—and flagship of Sotheby’s in Asia—Sotheby’s Maison.

Showcasing a hand-picked selection of marquee real estate offerings, properties featured on pages 30–47 will close live 27 September at The Upper House.

In the forthcoming pages, we invite you to explore all of our latest auctions as part of our Hong Kong sale. Discover the sophisticated charm of the Hamptons at a prestigious, newly built Fordune Estates home, where coastal elegance and luxury living meet; exhale into wine country living and artisanal pleasures at a 12-plus acre Sonoma estate with multiple residences; realize Colorado mountain ranch dreams at one of two exceptional properties in Eagle or Larkspur, both offering equestrian amenities and a well-established canvas for future potential; or find your inner adventure at a 20-acre Montana getaway, built by the Treehouse Masters themselves, offering room for expansion and unmatched year-round recreation.

Our exclusive live sales remain among our most significant and anticipated events of the year, with over half a billion dollars in aggregate bids placed during our 2024 live auctions to date. There’s still time to enquire... remaining live auctions in London and New York City, reaching international buyers and closing by the end of the year. Please contact a luxury client service representative at +1.212-202-2940.

Paddles Up!

Wilmot, Near Lake Sunapee, New Hampshire
Lake Carroll, Tampa,
Whitefish, Montana
Wayzata, Minneapolis Area, Minnesota
Los Angeles, California
Hanalei, Kauai, Hawaii
Eagle, Vail Area, Colorado
Larkspur, Near Colorado Springs, Colorado
Maui, Hawaii

HIDDEN HILLS, CA: SOLD FOR $13.552M, THE BEVERLY HILLS ESTATES

World-leading auction platform

Concierge Auctions is the world’s leading luxury real estate marketplace, backed by Sotheby’s, the oldest and most esteemed auction house founded in 1744, along with Anywhere Real Estate (NYSE: HOUS), the largest full-service residential real estate services company in the United States.

For almost two decades, we have led the luxury real estate auction market with billions in sales and are the only firm in the industry successfully auctioning property above $20M.

Concierge Auctions operates independently, partnering with real estate agents affiliated with many of the industry’s leading brokerages to host luxury auctions for clients.

Our vision is to build a world where everyone wins when a property is sold.

850,000± people

SOLD PROPERTIES

35 countries & 46 U.S. states

AVG. SALES PRICE

$5M WORLD RECORDS

6 times for highest property auction sale price

HOMES BUILT

500 homes for families in need

SHARE 85% for $5M+ residential property auctions globally

WEST

Awards & affiliations

Our award-winning team is a cutting-edge force garnering global recognition from: Who’s Who in Luxury Real Estate, USA Today, the National Auctioneers Association, The Telly Awards, Inc. 5000, Inman News, Entrepreneur 360 List, the Financial Times, and more.

We’re also a corporate alliance partner to THIRDHOME and a trusted auction provider to many global broker networks including Who’s Who in Luxury Real Estate, Sotheby’s International Realty, Engel and Volkers, and more.

For buyers

Concierge Auctions offers the best selection of luxury property for auction in the world. Buyers have direct access to premium real estate in an open bidding platform that allows participation from anywhere with complete convenience and full transparency.

We only accept the top 5% of properties submitted for auction, so buyers are assured the choice of beautiful properties—at their price— with zero contingencies.

For sellers

For luxury property, the buyer pool is limited. This makes selling luxury real estate a challenge that the traditional market alone has not yet solved.

Concierge Auctions eliminates the uncertainty of selling a luxury property by pairing sellers with eligible buyers in an auction process designed for closing in 60 days or less.

For agents

Concierge Auctions is an additional tool for agents to sell unique, high-end listings. Our approach combines the benefits of traditional brokerage with the structured timeline of an auction.

We’re not agents, so agents working with us always keep their listings and receive a full commission. Closings are contingency-free.

The Hong Kong Sale Series

Closing Live, September 2024

Curating the very best in class, we’re pleased to present the lineup for the September Hong Kong live auctions, part of our 2024 sales series spanning Los Angeles, New York, London, and Hong Kong.

Held as part of Sotheby’s ‘The Luxury Sales,’ the Sotheby’s International Realty offerings on pages 14–29 will close live on 25 September at the newly opened retail and exhibition space—and flagship of Sotheby’s in Asia—Sotheby’s Maison.

Showcasing a hand-picked selection of marquee real estate offerings, properties featured on pages 30–47 will close live 27 September at The Upper House.

GLOBAL MARQUEE REAL ESTATE OFFERINGS, CLOSING LIVE AT SOTHEBY’S MAISON AND THE UPPER HOUSE IN HONG KONG.

25 September

Sotheby’s Maison, Hong Kong

27 September The Upper House, Hong Kong

Preview and RSVP to attend

Lorton, Washington D.C. Area, Virginia

Auction | 11–25 September

11299 Cresswell Landing Listed for $8.5M

Starting Bids Expected Between $1M–$2.5M

Waterfront living, majestic views, and luxurious amenities come together on the Potomac River near Washington, D.C. A tree-lined drive greets guests to the verdant, five-acre estate. While the traditional layout impresses with custom molding, soaring 12-foot ceilings, and abundant steel windows and French doors, the generous sightlines and flow imbue the interior with a modern sensibility, ideal for embassy-style entertaining. Perhaps the estate’s best amenity is the vast potential offered by nearly 4,000 square feet of interior space awaiting your vision.

INAGURAL AUCTION

Listed by

TTR Sotheby’s International Real Estate, Broker, #0226005083, Heather Corey, #02251942403

San Antonio, Texas

Auction | 11–25 September

Grand Hyatt Penthouse, Unit 3305, 610 East Market Street

Listed for $2.695M

Starting Bids Expected Between $750K–$1.3M

This urban, two-story penthouse retreat atop the Grand Hyatt Hotel in downtown San Antonio offers over 6,000 square feet of living space with panoramic city skyline views, five bedrooms, and six bathrooms. Residents enjoy access to amenities like a rooftop pool and 24-hour concierge service, all set directly on San Antonio’s iconic Riverwalk and just steps away from the city’s top restaurants, museums, theaters, and the new Civic Park at Hemisfair.

Listed by

Kuper Sotheby’s International Realty, Broker, #579589, Nicholas Kjos, #618786

Gansevoort, Saratoga Area, New York

Auction | 12–25 September

This nearly one-mile-long island offers a picturesque stone house, expansive horse barns, a private training track, and lush pastures. The island boasts thirty-five acres of manicured meadows spread across five paddocks, perfect for grazing, as well as an enchanting orchard and arboretum. Accessible by boat or cable ferry, with an approved bridge construction permit, this extraordinary property presents numerous possibilities, from a private equestrian retreat to a luxurious boutique hotel.

Thompson Island, 900 West River Road

Listed for $4.5M

Starting Bids Expected Between $1M–$2.25M

Listed by

Four Seasons Sothebys International Realty, Broker, #10391202854, Kim Bender, #10401269486

Wilmot, Near Lake Sunapee, New Hampshire

Auction | 13–25 September

Morgans Run, 80 Breezy Hill Road

Listed for $3.495M Starting Bids Expected Between $1M–$2M

This gorgeous compound sits on over 272 private acres in the Lake Sunapee region. The idyllic drive leads past twin ponds, fields, and meadows opening up to a stunning panoramic view of Mt. Kearsarge and Mt. Sunapee. The courtyard in front of the main house leads into the foyer at the center of the home. With a main house that features a large fieldstone fireplace and soaring ceilings, two guest houses, and three vintage cabins, including multiple porches and terraces, there is plenty of room to relax and entertain.

Listed by

Four Seasons Sothebys International Realty, Broker, #1069924, Pam Perkins, #012508

Southampton, New York

Auction | 12–25 September

Experience Hamptons luxury at this newly built, Fordune Estates home with deeded access to one of the country’s top private beaches. Once part of Henry Ford II’s estate, this three-acre estate, designed and built by McDonough & Conroy Architects, features top-of-the-line finishes and an open layout. Set at the end of a quiet cul-de-sac with a gated, security-guarded entrance, this property exemplifies coastal liveable luxury.

Listed

Starting Bids Expected Between $10M–$15M

25 Fordune Court
for $19.995M

INAGURAL AUCTION AT SOTHEBY’S MAISON,

Listed by Sotheby’s International Realty - Southampton Brokerage, Broker, #39SO0692361, Harald Grant, #30GR0730473, and Bruce Grant, #10401261568

Sonoma, California

Auction | 13–25 September

Songbird Farm, 21001 Broadway Listed for $15M Starting Bids Expected Between $6M–$10M

Songbird Farm is a 12-plus acre estate in Sonoma offering endless possibilities for entertainment and relaxation. Just minutes from the historic Sonoma Plaza, this estate is perfect for multi-generational gatherings. The property includes a stunning fourbedroom main house, a charming renovated 1891 farmhouse with two ensuite bedrooms, a detached one-bedroom accessory dwelling unit, and a versatile pool house. With spacious living areas, luxury finishes, gourmet kitchens, and meticulously landscaped grounds, this property is designed for those who appreciate privacy, luxury, and the beauty of the Sonoma lifestyle.

Listed by Sotheby’s International Realty - Wine Country – Sonoma Brokerage, Broker, #00899496, Holly Lee, #01426759, and Coldwell Banker Residential Brokerage, Broker, #01908304, Marie Hoch, #01981086

Dolphin Island, Bocas del Toro, Panama

Auction | 11–27 September

Welcome to Dolphin Island, a private Caribbean paradise with white sand and lush surroundings. Ideal for investment or an exclusive resort, it features plans for overwater bungalows, a spa, fine dining, a pool, and a marina. Surrounded by vibrant marine life and rich biodiversity, the island is perfect for a luxury eco-resort, villa rentals, or a five-star hotel.

Dolphin Island

Listed for $12M

Starting Bids Expected Between $1M–$3M

ACRES
Listed by Newmark Real Estate Panama, S.A., Broker, #PJ-1344-20, Andreas Meoli

Playa Hermosa, Puntaneras, Costa Rica

Auction

| 12–27 September

This gorgeous Costa Rican estate comprises three buildings on an expansive property with breathtaking ocean views. The single-family home is a serene and tropical escape in the Playa Hermosa Mountains, with beautiful wood details and lush landscaping that creates an atmosphere for a true tropical escape. The entertainment spaces continue outside with a fully equipped outdoor kitchen, refreshing pool, and expansive deck area for lounging.

by

Listed for $2M

Starting Bids Expected Between $500K–$1M

Listed
2Costa Rica Real Estate, Broker, María Jiménez Bákit

Lake Carroll, Tampa, Florida

Auction | 12–27 September

Listed by Engel & Volkers Madeira Beach, Broker, #CQ1007310, Evan Pedone, #SL3370730, and Ashley Pedone, #SL3462455

This luxurious Lake Carroll estate, located in the lake’s only gated community, features a light-filled great room with marble floors, a chef’s kitchen with new LG Studio appliances, and three spacious bedrooms, plus an in-law suite currently used as a home theater. The primary suite offers a spa-like en suite and access to a second-floor balcony, while the outdoor area suits this private paradise, including a private pool with covered patios and stunning lake views. 11104 Winthrop Way Listed for $3.885M

Bids

Whitefish, Montana

Auction | 13–27 September

This gorgeous luxury treehouse is truly a one-of-a-kind property. The fully-furnished and professionally decorated mountain retreat was built in 2023 by the renowned Treehouse Masters. The cozy interior features natural hemlock paneling and trim, open beam ceilings, and stunning wood flooring. With over 20 acres on two additional building sites, there’s room for possibility to expand and create a perfect private reserve.

On the Rocks Ranch, 31 Forest Path Drive

Listed for $7.5M

Starting Bids Expected Between $2M–$4M

Listed by PureWest Real Estate, Broker, #C261461,

Sean Averill, #11915

Wayzata, Minneapolis Area, Minnesota

Auction | 12–27 September

This stately mansion sits at the end of a long, private drive surrounded by manicured grounds and lovely views. Take advantage of the rare opportunity to own a piece of history in a prime location with over 7,000 square feet of luxurious living space. From the dramatic exterior with a turret-style entrance to the stunning solarium entertaining room, this estate has something unique around every corner.

Listed by Coldwell Banker Realty, Broker, #146677
Jessica Gillin, #40569057

Los Angeles, California

Auction | 13–27 September

Designed by Cliff May, this elegant condo combines timeless style with modern luxury. It features three bedrooms, updated fixtures, and an open layout with wood beams. Enjoy a cozy breakfast bar, three sunny patios, and a prestigious gated community with 24-hour security, two pools, a gym, entertaining areas, and other luxury amenities.

Listed by Hilton & Hyland, Broker, #01160681, Christine Hong, #01325115, and Omni Realty & Investment Group, Broker, #01299519, Colby Jo, #01299519

Listed for $1.78M Starting Bids Expected Between $1M–$1.2M

2,855

2178 Century Woods Way #40

Hanalei, Kauai, Hawaii

Auction | 12–27 September

Discover a secluded paradise nestled within the lush Waioli Valley, where nearly four acres of untouched land offer a rare opportunity to create a private retreat on Kauai’s North Shore. Embrace the serenity of off-the-grid living at Hanalei Hideaway, surrounded by towering mountains and verdant foliage, yet remain just minutes from the vibrant community of Hanalei and its world-renowned crescent-shaped bay.

Listed by Hawai’i Life, Broker, #RB-19928, Neal Norman, #RB-18048

Hanalei Hideaway, Kuhio Highway Listed for $5.95M Starting Bids Expected Between $1.5M–$2.5M

ACRES 3.93±

Eagle, Vail Area, Colorado

Auction | 13–27 September

Listed for $15M

Starting Bids Expected Between $4.5M–$7M

Salt Creek Ranch is a secluded 160-acre estate bordered by national forest and BLM land, offering luxurious living with reclaimed timbers, panoramic valley and mountain views, and expansive wood decks. Known as an equestrian destination, the ranch features abundant horse stalls, a riding arena, and private trails, providing endless possibilities for horse lovers or creating a private retreat. Additionally, it’s just 40 minutes from top ski resorts like Arrowhead and Beaver Creek, making it perfect for year-round outdoor adventures.

Salt Creek Ranch, 3758 Salt Creek Road

Listed by Berkshire Hathaway Home Services Colorado Properties, Broker, #EC.000028210, Chad Brasington, #FA40012306

Larkspur, Near Colorado Springs, Colorado

Auction | 13–27 September

Experience country living on this nearly 1,400-acre ranch featuring a 14,000-squarefoot event venue, excellent equestrian facilities, multiple ranch residences, and substantial water rights. This property is ideal for both wildlife enthusiasts and potential commercial ventures. Enjoy convenient access to I-25, just 30 minutes from Colorado Springs and an hour from Denver.

9663 East Palmer Divide Avenue

Listed for $20M

Starting Bids Expected Between $4M–$6M

AUCTION AT THE UPPER HOUSE,

Listed by Flying Horse Realty, Broker, #EC100015055, Wayne G. Pinegar, #ER40032318, Gregory W. Balman, #EA100079415, and Roger G. Hukle, #EA261221

1,376±

39,000±

Wailea, Maui, Hawaii

Auction | 13–27 September

This condo in Wailea Beach Villas is a rare opportunity to own a slice of paradise in this coveted Maui beachfront development. The turnkey villa features a marble kitchen, spa-like primary bathroom, two additional bedrooms, and seamless indoor-outdoor living area. The gated complex includes pools, a fitness center, and more. Resort-zone for short-term rentals, the property offers potential for income just steps away from Wailea Beach and nearby dining.

3800 Wailea Alanui Drive, #G201

Listed for $9.695M

Starting Bids Expected Between $4M–$6M

by

Listed
Coldwell Banker Island Properties, Broker, #RB-16822, Meghan Clair, #RS-69800, and Mary Anne Fitch, #RB-15747

Sell at a live auction

Reach international buyers alongside the finest luxury properties

Our sale series of auctions showcase some of the finest real estate offerings in the world to international buyers with bidding closing live and online.

Properties will receive exposure via our proven platform and targeted individuals within our global database of 850,000±, via direct access to buyers in key feeder markets and the world’s fastest-growing luxury cities.

NOW ACCEPTING CONSIGNMENTS FOR UPCOMING SALES IN LONDON AND NEW YORK THIS NOVEMER AND DECEMBER.

+1 212.257.5179

Key For Key®

Every business has a responsibility to make a positive impact on the world.

We believe in the empowerment and financial stability that comes with homeownership and its impact for generations. In partnership with Giveback Homes™, our Key For Key® giving program guarantees for every home we sell, we fund homes to be built for families in need.

Each donation is made on behalf of our sellers, buyers, and agents, and we invite clients to join us by donating alongside their corresponding sale, or at ConciergeKeyforKey.com.

Global leadership

Our Agent Advisory Board

THE AGENTS SELECTED FOR OUR ADVISORY BOARD ALL HAVE EXTENSIVE FAMILIARITY WITH THE HIGH-END AUCTION PROCESS.

REALTORS KELLER WILLIAMS

SALT LAKE CITY, UT: SOLD FOR $3.36M, KW

With a proven track record of success with Concierge Auctions, this group of esteemed top agents and brokers, who have billions of dollars in combined luxury sales and a client network from across the globe, represent a think tank on the state of luxury real estate sales and marketing.

JOHN MCMONIGLE

THE MCMONIGLE TEAM

Newport Beach, CA

KRISTEN ROUTH SILBERMAN

DOUGLAS ELLIMAN

REAL ESTATE

Las Vegas, NV

+ FRANK AAZAMI

RUSS LYON SOTHEBY’S

INTERNATIONAL REALTY

PAUL BENSON ENGEL & VOLKERS

Park City, UT

+ SETH O’BYRNE COMPASS

San Diego, CA +

JOHN-MARK MITCHELL

MITCHELL FORBES

GLOBAL PROPERTIES

Winston-Salem, NC

+ KYLE CREWS

ALLIE BETH ALLMAN & ASSOCIATES

Phoenix, AZ

Dallas, TX + MATT BEALL

HAWAII LIFE

Princeville, HI +

REAL ESTATE BROKERS

BILLY NASH

NASH LUXURY AT THE KEYES COMPANY

Palm Beach, FL

Frequently asked questions

Sellers

WHY SHOULD I CHOOSE TO AUCTION INSTEAD OF SELL TRADITIONALLY?

The question is not whether to auction instead of selling traditionally; we are an added tool rather than an alternative, and in all instances, we partner with a listing broker on each sale. We know from experience that the traditional brokerage model has limitations, especially in the ultra-luxury realm. In this rarified air where the buyer pool is limited, properties simply aren’t liquid, even in healthy market conditions.

ARE AUCTIONS ONLY FOR DISTRESSED PROPERTIES?

Not at all. We sell unique properties for clients across a variety of circumstances. The one thing they all have in common is that they chose the auction process after careful consideration and with an eye toward unlocking market value.

WHERE DOES THE AUCTION TAKE PLACE?

All of our auctions are powered by our proprietary online-first technology. Auctions close out either in our online marketplace at conciergeauctions.com or at one of our live sales which take place year-round at the most exclusive venues across the Globe. Please reference Selling at Live Auction to view our live sale calendar.

HOW DOES THE PROCESS WORK?

We bring you the market. We promote your property both globally and locally with world-class sales, digital, and public relations campaigns. The auction will open for two weeks once a Market Reserve has been set. The sale of your home will be followed by an as-is, contingency-free closing, typically within 1–4 weeks after the auction closes.

WHAT WILL MY PROPERTY SELL FOR?

Every auction is unique and we cannot guarantee that the property will sell for more than the highest starting bid. However, the vast majority of auctions see competitive bidding.

CASEY KEY, FL: SOLD FOR $5.6M, PREMIER SOTHEBY’S

WHAT SERVICES ARE INCLUDED WITH CONCIERGE AUCTIONS?

Our proven methodology is designed to sell luxury property in 60 days or less, and it includes:

1. Global and local marketing campaign conducted through our database of 850,000± contacts;

2. Sourcing ideal bidders; and

3. Driving competition through live and online auctions.

Choosing to sell your luxury property with Concierge Auctions connects you to our global network of buyers and agents, awardwinning marketing campaigns, and time-tested bidding sourcing process. Our methodology typically garners 200-400 inquiries, 25-50 showings, and 3-7 bidders.

WHAT DOES IT COST TO WORK WITH US?

We earn 100% of our fee from the Buyer, on average, between 6% and 8% of the high bid amount, paid by the Buyer out of the Buyer’s Premium. Sellers pay any fees associated with the preparation of their own diligence package in advance of the auction and are responsible for the payment of broker commissions according to the listing agreement (typically 5-6%), the same as any residential transaction. For properties located outside of the U.S., Concierge Auctions will pay the buyer’s cooperating broker a 3% success fee out of the Buyer’s Premium.

HOW MANY BIDDERS CAN I EXPECT?

Our target is to have 3-7 registered bidders before the auction begins. New bidders may sign up until 24 hours before the close of auction.

IS THERE A MINIMUM BID?

Every auction opens with a Starting Bid. This Starting Bid is also known as the “Market Reserve” and will be the minimum amount for which the property will be sold.

WHAT IS A “STARTING BID INCENTIVE”?

We offer a “Starting Bid Incentive”, a credit to reduce the Buyer’s Premium by 50% based on the Starting Bid amount submitted by the winning bidder prior to the start of the auction.

WHAT HAPPENS IF SOMEONE MAKES A TRADITIONAL OFFER ON MY PROPERTY DURING THE AUCTION CYCLE?

Once you decide to engage Concierge Auctions, the Seller cannot accept pre-auction offers made during the auction cycle. We encourage all buyers or agents who are considering an offer to participate in the auction.

WHAT HAPPENS IF THE WINNING BID DEFAULTS?

Bidders are generally required to deposit $100,000 in escrow, and provide further proof of funds, to participate in an auction. In the rare case a bidder defaults, they forfeit their deposit which we split with the seller 50/50. The buyer is also responsible to pay Concierge Auctions an additional penalty of 12% of their high bid. To further protect our sellers, we have the ability to name the back-up bidder, typically the second highest bidder, the winning bidder within five (5) business days of the end of the auction, provided net proceeds to the seller are equal to that of the original high bid. The back-up bidder is required to honor their bid.

WHY IS THERE A PROTECTION PERIOD?

In all of our auctions, the seller has the right to move forward or not prior to the start of the auction. You’re always in control. If you do not elect to open the auction, the property will remain on the market and the protection period ensures that we are compensated for the effort we have put forth on your behalf.

WHY DO I NEED AN AUCTION AGREEMENT?

Similar to an Listing Agreement between you and your agent, the Auction Agreement clearly outlines our commitments to you and your commitments to us. Namely, allowing us to promote the property for a successful outcome at auction.

The Auction Agreement has been reviewed by thousands of sellers and attorneys who have engaged with us over the past 16+ years. It is designed to protect your interests and ours and outlines how we work together during the auction process.

WHY DO I NEED A LISTING AGENT?

We are an auction house and not a brokerage firm. On average, a third of our buyer demand is generated by the local market. Managing local listings requires agents who can operate in specific areas. Having an agent therefore increases the chance of successful sale. Over two decades, we have found that local buyers prefer to work directly with the listing agent or a local brokerage community. Buyers also appreciate the ability to speak with a local agent to get a professional opinion on the property. We have never auctioned a property without partnering with a listing agent.

Buyers

HOW DO I REGISTER FOR AN AUCTION?

1. Sign the Bidder Terms & Conditions and Starting Bid & Agent Registration forms (2) and provide a photo ID. The forms can be completed online directly on the property page by clicking the “Start Registration” button. Optionally, the Auction Representative can send the forms to you for electronic signature upon request. The ID can be submitted to the Auction Representative. You can find contact information for the Auction Representative under the “Contacts” section on the property page.

2. Provide proof of funds to close within 30 days. An example is provided in the Starting Bid & Agent Registration form.

3. Wire your Bidder Deposit, which is credited towards your purchase if you are the winning bidder, or is returned within three (3) business days if you are not. Wire instructions are located on the Starting Bid & Agent Registration form.

WHERE DO I REGISTER FOR AN AUCTION?

You can begin your registration online by completing the bidder registration forms. Once you have started the process, you will be contacted by the Auction Representative to complete your registration. You can find contact information for the Auction Representative under the “Contacts” section on the property page.

HOW CAN I SEE MY REGISTRATION STATUS?

To see the status of your registration forms, log into the ConciergeAuctions.com website and go to the “My Auctions” tab. To confirm status on additional registration steps, please contact the Auction Representative.

DO I HAVE TO INCLUDE A BID AMOUNT WHEN I REGISTER?

It is not required to submit a bid amount when you register; however, if you are interested in taking advantage of our Starting Bid Incentive, you must submit a Starting Bid prior 5pm, local property time, the day prior to bidding opening.

WHAT WILL THE INCREMENTS BE?

Our auctioneer will set the increment for every auction.

WHAT IS THE BUYER’S PREMIUM?

The “Buyer’s Premium” is an amount paid by the buyer on top of the purchase price, paid to Concierge Auctions for bringing the property to auction.

WHAT IS THE STARTING BID INCENTIVE (SBI)?

Every auction opens with a Starting Bid. This Starting Bid is also known as the “Market Reserve” and will be the minimum amount for which the property will be sold.

WHAT IS A “STARTING BID INCENTIVE”?

Concierge Auctions offers a Starting Bid Incentive, a credit to reduce the Buyer’s Premium by 50% based on the Starting Bid amount due submitted by the winning bidder prior to the start of the auction opening. All Starting Bids are binding and subject to being received by the deadline.

DO I GET MY DEPOSIT BACK IF I’M NOT THE WINNING BIDDER?

Yes. Bidder deposits are automatically returned within no more than three (3) business days for non-winning bidders and five (5) business days for the Back-Up Bidder following the auction.

CAN I FINANCE?

All of our properties are sold on an as-is basis with no contingencies, including financing. You may choose to finance the property, but the sale is not contingent upon securing financing.

WHAT TYPES OF PROOF OF FUNDS DO YOU ACCEPT?

Proof of funds come in a variety of forms to show liquid funds to cover the purchase of the property, and must come from a verified financial institution and include:

The bidder’s name

A current date

An amount to cover the Starting Bid, at minimum.

Proof of funds can be provided in the form of a letter from your financial institution or a recent statement of your liquid account balance.

WHERE CAN I FIND THE WIRE INSTRUCTIONS?

The wire instructions are located on the Starting Bid & Agent Registration form, which can be found in the “Diligence Documents” section of the property page on our website.

WHERE CAN I FIND DILIGENCE DOCUMENTS FOR A PROPERTY?

All diligence items for the property are available on the property page of our website, in the “Diligence Documents” section.

WHAT DOES IT COST TO WORK WITH US?

We earn 100% of our fee from the Buyer, on average, between 6% and 8% of the high bid amount, paid by the Buyer out of the Buyer’s Premium. Sellers pay any fees associated with the preparation of their own diligence package in advance of the auction and are responsible for the payment of broker commissions according to the listing agreement (typically 5-6%), the same as any residential transaction.

For properties located outside of the U.S., Concierge Auctions will pay the buyer’s cooperating broker a 3% success fee out of the Buyer’s Premium.

DO I HAVE TO BE REPRESENTED BY AN AGENT?

Over the last two decades, we have found that buyers appreciate the ability to be represented by an agent; however, this is not required. If you are represented and you are the winning bidder, compensation will be paid to any properly registered broker pursuant to Concierge Auctions’ Bidder Terms & Conditions. You should declare Agent representation by including this information on the Starting Bid & Agent registration form.

CAN MY AGENT REGISTER THEMSELVES TO REPRESENT ME AS A BIDDER?

No. The bidder must input the name of the agent representing them on the Starting Bid & Agent registration form.

CAN I REGISTER WITH AN LLC OR ANOTHER NAME?

Yes. Certificate of Incorporation or other business entity documentation must be provided to link the LLC (or other entity) name with the name of the bidder.

DOES THE SALE HAVE CONTINGENCIES?

No contingencies. Buyer’s purchase of the property is a cash transaction and is not subject to or dependent upon any contingencies or conditions of any kind, including, without limitation, a contingency for financing, due diligence, or inspections.

DOES THE BUYER PAY A VAT?

If any VAT (value-added tax) or similar tax is due in connection with the payment of the Buyer’s Premium, it shall be the Buyer’s sole

obligation to pay all VAT and similar taxes. The term “Purchase Price” shall mean the High Bid, excluding other amounts payable by the Buyer in connection with closing, such as customary closing costs, escrow/closing fees, VAT, property taxes, insurance, transfer fees/ taxes in accordance with the Purchase and Sale Contract. Therefore, Buyer’s total obligation toward the purchase of the Property is equal to the Purchase Price, the Buyer’s Premium and those customary closing costs, including without limitation payment of any VAT in connection with Buyer’s purchase and the Buyer’s Premium. To that end, all Bidders are strongly encouraged to review the Purchase and Sale Contract prior to bidding and to consult with an attorney or other professional.

HOW DO I RESET MY PASSWORD?

Prior to logging in to your account, you can use the “Forgot Password” function to reset your password. Even if you know your password and want to reset, you still need to logout and use the “Forgot Password” function. A link will then be emailed to you for resetting.

Agents

WHAT IS THE MAIN BENEFIT OF AUCTIONS FOR AGENTS?

The Concierge Auction platform gives your clients the control to sell their luxury property on a set timeline.

We provide a global omnichannel marketing campaign for the listing. We have existing relations with Berlin Rosen, a leading U.S. PR firm, run a 185,000± subscriber newsletter and dedicated global and local ad campaigns.

Your auction team will arrange showings, manage leads, network with brokers and potential buyers, and work throughout your property’s exposure period to engage the market. We will screen for suitable buyers and reach out to potential bidder segments from our database around the world.

Keep your listings

Earn a full commission

Contingency-free closing

Targeted exposure to our global database of 185,000±

Acquire new buyer leads

HOW ARE AGENTS PROTECTED?

Born out of the luxury real estate industry, Concierge Auctions is an additional listing and buyer agent tool. We have never auctioned a property without partnering with a listing agent and endeavor to include agents in every step of the process. Commissions are paid according to your listing agreement.

HOW DOES IT WORK?

Concierge Auctions uses a time-tested methodology to market luxury property:

1. Global & local marketing campaigns

2. Sourcing ideal bidders to our network of 850,000± buyers, sellers and agents

3. Driving competition through live and online auctions

We sell luxury property in 60 days or less. Choosing to work with Concierge Auctions connects you to our global network of buyers and agents so you can sell a property in 60 days at market price. This process typically garners 200-400 inquiries, 25-50 showings, and 3-7 bidders.

HOW MANY BIDDERS CAN I EXPECT?

Our target is to have 3-7 registered bidders before the auction begins. New bidders may sign up until 24 hours before the close of auction.

WHO WILL BE MY POINT OF CONTACT?

Your Auction Director will be your primary point of contact throughout the auction cycle. They will keep you updated on progress and key milestones.

HOW LONG IS THE EXPOSURE PERIOD ON A PROPERTY?

The exposure period is typically five weeks, which includes approximately two weeks of bidding being open or bidding will be open for approximately two weeks during this time period.

WHAT DO AGENTS GAIN FROM JOINING THE CA NETWORK?

Joining our network means expanding your toolkit to best serve your clients. You can become auction-certified, earn more commission, join our events, partner with us in marketing your listing, refer a listing, and expand your network with our connections in the real estate market.

HOW DO I GET STARTED?

Call us at 212.202.2940 to connect with one of our regional sales managers to move forward in the process.

Concierge Auctions, LLC, (“Concierge Auctions”) is an auctioneer. Concierge Auctions’ principal address is 228 Park Avenue South, Suite 70835, New York, NY 10003, and its phone number is (212) 202-2940. If required, Concierge Auctions (or its representative) is registered, licensed and/or bonded in the U.S. state where the property to be auctioned is located. Our registration, licenses and bond information for Virginia, Texas, New York, California, Florida, Hawaii, and Colorado is: Concierge Auctions, LLC, Auction Firm License #2908000850, Bond #AG003227; Frank Trunzo, Auctioneer, License #2907002987. Concierge International Real Estate, Inc. (a subsidiary of Concierge Auctions, LLC) , Broker, Real Estate Brokerage License #226036651, 650 Madison Avenue 2nd Floor New York, NY 10022, Telephone: (212) 202-2940, Tony Ray Young, Broker, License #225266056; Frank Trunzo, Auctioneer, License #16847. Concierge International Real Estate, Inc. (a subsidiary of Concierge Auctions, LLC), Broker, License #9012742, 650 Madison Avenue 2nd Floor New York, NY 10022, Telephone: (212) 202-2940. Tony R Young, Broker, License #794000; Frank Trunzo, Auctioneer, NY Real Estate License #10401372092. Concierge Auctions, LLC, Broker, #10991209483, 405 Lexington Avenue 26th Floor New York, NY 10174, Telephone: (212) 202-2940. Chad Aron Roffers, Broker, License #10491202564; Concierge Auctions, LLC, Bond #66346347; Frank Trunzo, Auctioneer, Bond #E252623. Concierge International Real Estate, Inc. (a subsidiary of Concierge Auctions, LLC), Broker, License #02137467, 315 Montgomery St 10th Floor San Francisco, CA 94104, Telephone: (212) 202-2940. Barbara J Young, Broker, License #00689235; Auction Firm License #AB2760; Frank Trunzo, Auctioneer, License #AU2328. Concierge Auctions LLC, Broker, License #CQ1032600, 8270 Woodland Center Blvd. Tampa, FL 33614, Telephone: (212) 202-2940. Barbara J Young, Broker, License #BK3544686; Concierge Auctions, LLC, Bond #107388494. Concierge International Real Estate, Inc. (a subsidiary of Concierge Auctions, LLC), Broker, Real Estate Brokerage License #RB-23427, 500 Ala Moana Blvd. Suite 7-400 (Suite 464) Honolulu, HI 96813, Telephone: (212) 202-2940. Tony R Young, Broker, License #RB-23428; Concierge Auctions, LLC, Brokerage, Real Estate Brokerage License #EC.100032451, 900 East Union Avenue, Suite 1100, Denver, Colorado 80237, Telephone: (212) 202-2940, Diana Kay Leslie, Broker, License #ER.100092263, 360 N Pacific Coast Highway, El Segundo, CA 90245, (424) 278-4085. These properties are listed for sale by TTR Sotheby’s International Real Estate, Broker, License #0226005083, 400 South Washington Street, Alexandria, VA 22314, (703) 310-6800, Heather Corey, License #02251942403, (“Listing Agent”); Kuper Sotheby’s International Realty, Broker, License #579589, 6606 N New Braunfels San Antonio, TX 78209, 210.822.8602, Nicholas Kjos, License #618786, (“Listing Agent”); Four Seasons Sothebys International Realty, Broker, License #10391202854, 270 Broadway, Saratoga Springs, NY 12866, (518) 580-8500, Kim Bender, License #10401269486, (“Listing Agent”); Four Seasons Sothebys International Realty, Broker, License #069924, 259 Main Street, New London, NH 03257, (603) 526-4050, Pam Perkins, License #012508, (“Listing Agent”); Sotheby’s International Realty—Southampton Brokerage, Broker, License #39SO0692361, 50 Nugent Street, Southampton, New York, 11968, 631.283.0600, Harald Grant, License #30GR0730473, (“Listing Agent”) and Bruce Grant, License #10401261568 (“Listing Agent”); Sotheby’s International Realty-Wine Country Brokerage, Broker, License #00899496, 793 Broadway, Sonoma, CA 95476, (707) 935-2288, Holly Barker Lee, License #DRE01426759, (“Listing Agent”), and Coldwell Banker Residential Brokerage, Broker, License #01908304, 7250 Redwood Blvd. Suite 207, Novato, CA 94945, (415) 897-3000, Marie K. Hoch, License #DRE01981086 (“Listing Agent”); Newmark Real Estate Panama, S.A., Broker, License #PJ-1344-20, Punta Pacifica, Pacific Center, Torre A, piso 20, ofic 20-06 y 20-07, +507 838-8234, Andreas Meoli, (“Listing Agent”); 2Costa Rica Real Estate, Broker, Edificio 102, Local 208, Escazu, San José, Costa Rica, 011-506-2519-9413, María Jiménez Bákit, (“Listing Agent”); Engel & Volkers Madeira Beach, Broker, License #CQ1007310, 14225 Gulf Blvd, Madeira Beach, FL, 33708, 727.394.7365, Evan Pedone, License #SL3370730, (“Listing Agent”) and Ashley Pedone, License #SL3462455 (“Listing Agent”); Pure Real Estate LLC, Broker, License #C261461, 401 Baker Ave, Whitefish, MT 59937, (406) 862-4900, Sean Averill, License #RRE-RBS-LIC-11915, (“Listing Agent”); Burnet Realty, LLC, Doing Business As: Coldwell Banker Realty, Broker, License #146677, 7550 France Avenue South, Suite 300, Edina, Minnesota 55435, (952) 473-3000, Jessica Gillin, License #40569057, (“Listing Agent”); Hilton & Hyland, Broker, License DRE #01160681, 257 North Cañon Drive, Beverly Hills, CA 90210, 310-278-3311, Christine Hong, License DRE #01325115, (“Listing Agent”) and Omni Realty & Investment Group, License DRE #01299519, 3055 Wilshire Blvd, Los Angeles, CA 90010, 213-637-0010, Colby Jo, License DRE #01299519, (“Listing Agent”); Hawaii Life, Broker, License #RB-19928, 5-4280 Kuhio Hwy, #G203, Princeville, HI 96722, Neal Norman License #RB-18048, (Listing Agent”); Berkshire Hathaway Home Services Colorado Properties, Broker, License #EC.000028210, 511 Lionshead Mail, Vail, CO, 81657, 970.476.2482, Chad Brasington, License #FA40012306, (“Listing Agent”); Flying Horse Realty, Broker, License #EC100015055, 2748 N Gate Blvd, Colorado Springs, CO, 719.886.4800, Wayne G. Pinegar, License #ER40032318, (“Listing Agent”), Gregory W. Balman, License #EA100079415, (“Listing Agent”), and Roger G. Hukle, License #EA261221, (“Listing Agent”); Coldwell Banker Island Properties, Broker, License #RB-16822, 3750 Wailea Alanui A37, Wailea, HI, 96753, (808) 875-7000, Meghan Clair, License #RS-69800, (“Listing Agent”) and Mary Anne Fitch, #RB-15747 (“Listing Agent”); ©2024 Concierge Auctions, LLC. All Rights Reserved. Sotheby’s® and Sotheby’s International Realty® are registered trademarks and used with permission. Each Sotheby’s International Realty office is independently owned and operated, except those operated by Sotheby’s International Realty, Inc. All offerings are subject to errors, omissions, changes including price or withdrawal without notice. Equal Housing Opportunity. Real estate agents affiliated with a Sotheby’s International Realty brokerage are independent contractor sales associates and are not employees of Sotheby’s, Sotheby’s International Realty nor Concierge Auctions, LLC. Certain services are provided by third parties. Auction services are being provided by Concierge Auctions, LLC. Terms and conditions apply. Execution of program agreements required. Results not guaranteed.

NEW YORK

228 Park Avenue, Suite 70835, New York, NY 10003

LONDON

Berkeley Square House, Mayfair, London, W1J 6BD, UK

TORONTO

100 King Street West, Suite 5600, Toronto, ON, M5X 1C9

conciergeauctions.com +1 212.984.3894 inquiries@conciergeauctions.com

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