COM_EASYBLOG_EASYBLOG

Discusses the options sellers and buyers of luxury real estate have when it comes to luxury property auctions.

Viewing entries from Gary Gilbert
Gary Gilbert

Gary Gilbert

I have been involved in multi-millions of dollars worth of luxury real estate auction transactions advising both sellers and buyers.

Discussing High End Home Auctions with Your Client

by Gary Gilbert
Gary Gilbert
I have been involved in multi-millions of dollars worth of luxury real estate au
User is currently offline
Friday, 19 April 2013 Category Premier Home Auctions

Today, I want to speak to all of you luxury agents and brokers out there who may, or may not, have had a client bring up the subject of a non-distressed premier home auction.  I've been doing this a long time and I don't ever think I've had so many agents tell me that their client has inquired about such.  In addition, I am also receiving more inquiries than normal from agents themselves who want to run the idea by their client and want to pick my brain on the subject prior to them meeting with their seller.

Without getting too deep into the methodology, psychology and financials of the model, I do want to mention something to you that I always try to hammer home with agents.  That point, which should be addressed right off the bat with your seller is making sure that you eliminate the negative connotation often associated with the word "auction".  I would like to see your conversation go something like this:

Mr or Mrs. Seller, we have had your home listed for almost two years now with no credible offers which included contingencies and a couple of price reductions.  I know that you are not distressed and don't have to sell but would like to so that you can close this chapter of your life (downsizing, health issues, moving closer to grandchildren, etc.).  One thing that we haven't tried that is just another marketing option for us to consider is that of a non-distressed high-end home auction.  Something like this would create urgency amongst end-user buyers by giving them a deadline via a date-certain event, something we don't have now. Otherwise, they are just going to continue to try to wait us out which could go on another two years.  It would make your property stand out as special compared to the other similar priced homes in our general area.  In addition, the successful bidder is required to put down a significant non-refundable deposit on sale day and has 30 days from the auction date to close cash, contingency-free.

Not all will be interested but many will.  So what would be the next step?  I would love the opportunity to visit with you and your clients to educate you both on the process in depth.  After evaluating your situation, I would be able to make a recommendation regarding the next step including the luxury real estate auction company or companies best suited for your and your client's needs.

My advice is complimentary and my experience priceless.  Reach out anytime.

Gary

http://www.realestateauctionoptions.com/

 

 

 

Tags: high end home auction, luxury home auction companies, high end house auction, luxury home auction, luxury house auction

Bidding Wars, Luxury Home Auctions and Bubbles

by Gary Gilbert
Gary Gilbert
I have been involved in multi-millions of dollars worth of luxury real estate au
User is currently offline
Thursday, 11 April 2013 Category High End Home Auctions

Hello from Las Vegas, one of my favorite luxury home markets.  As I scan the desert horizon of homes and condos from my window, I can't help but think of the real estate bubble that formed here years ago before things came crashing down.  I remember bidding wars erupting over $400,000 properties that are today worth more like $150,000.  My, those were the days... Today, the market here here has somewhat recovered but may never get back to the prices achieved in the heyday.

What about luxury Las Vegas homes?  Make no mistake, they were hammered too and are also making somewhat of a comeback.  Since we specialize in the luxury home auction process, let's focus on that segment for today by comparing what happened with bidding wars in the past and what happens time after time at luxury real estate auctions across the nation in today's environment.

What is the first word you think of when you hear the word "auction"?  Most will say "a deal" which is exactly what we in the industry want you to think.  A non-distressed auction creates the "illusion of a bargain" in the mind of potential buyers.  Combine that with a date-certain event and what better way to force affluent, end-user buyers to a point of action?  These international and domestic buyers are very successful, busy people who often don't have the time nor the interest to entertain the idea of purchasing something via the traditional method.  Their mindset is one of "I'll wait until their next price reduction" or "I'll make an unrealistic offer which includes contingencies".  The high end home auction method, however, allows sellers to be in control naming the date the event will take place and the terms and conditions including a cash, contingency-free 30 day closing.

How does that sound to you?  I am happy to offer complimentary advisory services to you or to you and your client regarding this progressive method of sale.  Reach out anytime.

Gary

http://www.realestateauctionoptions.com/

Tags: luxury real estate auctions, real estate auction bidding wars, luxury home auction companies, high end home auction, high end house auction, luxury home auction, luxury house auction

Luxury Home Auctions Thriving in a Thawing Market

by Gary Gilbert
Gary Gilbert
I have been involved in multi-millions of dollars worth of luxury real estate au
User is currently offline
Thursday, 04 April 2013 Category Luxury Home Auction

The S&P is closing in on an all-time high.  Housing numbers are up.  Are we back?  While the markets are certainly up (due to a Fed that just keeps pumping out the dollars creating somewhat of an artificial run up) and the housing market is thawing, luxury homes are still languishing on the market for much longer than sellers would like.  How long has your or your client's luxury home been listed?  Sure, the media will talk about the new bidding wars going on and the fact that they feel the housing market is back but don't buy the hype as their reporting applies more to that of traditional homes.

What is working when it comes to moving high end homes?  High end home auctions, that's what.  Considering that one of the best selling seasons is just around the corner combined with the fact that premier home auctions work (with the right seller and the right property of course) should be the catalyst that agents and owners use to take control of the sales process.

Given the amount of inquiries I have been receiving lately, it looks like some of you are taking a serious look at the luxury home auction concept.  There's just something about using a date certain event to force an end user affluent buyer to a point of action that makes people happy.  That and a cash, 30 day contingency free closing doesn't hurt either.

Do you or does your client have questions about how a luxury real estate auction may work for you?  Are you trying to close a chapter of your life like downsizing?  If so, I would be happy to answer those questions.  Just ask.

Gary

http://www.realestateauctionoptions.com/

 

Tags: luxury house auction, luxury home auction, high end house auction, high end home auction, luxury home auction companies

Help Me Get Over the Unknown of Conducting a Luxury House Auction

by Gary Gilbert
Gary Gilbert
I have been involved in multi-millions of dollars worth of luxury real estate au
User is currently offline
Friday, 29 March 2013 Category Luxury House Auctions

The unknown.  No one likes it.  What if this happens?  What if that happens?  This is a normal human reaction to the unknown which is similar to trying something new.

Every week I talk with agents and owners who have a concern regarding trying something like a luxury home auction.  They understand the upside which includes:

Taking control of the sales process by using a date-certain event to force end-user, affluent buyers to a point of action.

A cash, contingency-free sale requiring the high bidder to tender a sizeable non refundable deposit on sale day and close in 30 days.

Allowing the seller to close a chapter of their life which is usually downsizing, retiring or health issues.

However, many are hesitant to try such because of the fear of the unknown. What if no one registers to bid?  What if the price is a low ball number?  What if the sale is perceived as a distressed situation?

These are all very common concerns I hear all too often.  I always like to put on my seller's hat and try to imagine myself in their shoes.  If I didn't do this day in and day out for years and years, I would probably feel the same way.  However, I do indeed do this day in and day out and the concerns really are a non-issue. Yes, anything is possible but by using proper guidance and working with the right luxury real estate auction company, these concerns are negligent.

I am happy to be the guidance you are seeking should a high end home auction be something you or you and your agent is contemplating.  Reach out anytime.  My advice is complimentary and my experience priceless.

 

 

Tags: luxury home auction companies, high end home auction, high end house auction, luxury home auction, luxury house auction, high end home auction, high end house auction

Spring has Sprung and so has Luxury Home Auction Season

by Gary Gilbert
Gary Gilbert
I have been involved in multi-millions of dollars worth of luxury real estate au
User is currently offline
Friday, 22 March 2013 Category Luxury Home Auction

Earlier this week we witnessed the first official day of Spring.  Without fail, we also beginning to experience the always favorite selling season for that of luxury home auctions.

Why is the period beginning in March so popular in our world of luxury real estate auctions?  For many out West, things are soon to be greening up and for the rest of the country, Spring and Summer has always been a popular time to sell for a variety of reasons.

Keep in mind that a good non-distressed auction campaign takes anywhere from 60 to 90 days.  Do the math and we are now looking at firms scheduling events for late May to late June, the most popular time to sell using our program than most any other time of the year.

Are you and your seller excited about going through another price reduction or two?  Are you going to miss the prime selling season again this year? Let's hope not.  Take control of the sales process now by forcing affluent, end-user buyers to react by using a date-certain event.

Let's have a dialogue to determine whether you as an individual by owner seller or your client may or may not be a good high end home auction candidate.  My advice is complimentary and my knowledge of the industry priceless.  Reach out anytime.

Gary

http://www.realestateauctionoptions.com/

Tags: premier home auctions, luxury real estate auction, luxury home auctions, best luxury real estate auction companies, high end real estate auctions, top luxury real estate auction companies

Some Sellers (and Agents) Get It. High End Real Estate Auctions Vs. Traditional Sale.

by Gary Gilbert
Gary Gilbert
I have been involved in multi-millions of dollars worth of luxury real estate au
User is currently offline
Friday, 15 March 2013 Category Real Estate Auction Marketing

While not every seller is a candidate, I was speaking with a seller earlier in the week who actually "gets it" when it comes to the subject of non-distressed high end real estate auctions versus the traditional method of sale. He, like so many of you (agents included) have had to endure the sometimes frustrating process of the traditional sale.

That process usually goes something like this:  List the property at a non-realistic price with the hopes that someone will "stumble in the door" and pay full price.  Experience a price reduction several months later.  Probably experience another price reduction later.  Deal with flaky buyers who want to use contingencies.  Maybe sell the property a couple of years down the road for significantly less than your original asking price.

The seller I was speaking with had gone through this process to some degree but decided he had experienced enough after about six months. He was familiar with the luxury real auction method related to positive experiences he was a part of regarding things like art and collectible exotic cars.  He understood that the concept should (and does) work with real estate as well.  He liked the idea of using a date-certain event to force affluent buyers to react on his terms so he could close a chapter of this life (like downsizing in this case).  He also liked the idea of a cash, contingency-free 30 day closing. I love working with sellers like this.

Would you like to learn more about how something like a luxury home auction could benefit you allow you to take control of the sale process?  I would be happy to speak with you answering all of your questions.  Reach out anytime.

Gary

http://www.realestateauctionoptions.com/

Tags: top luxury real estate auction companies, luxury real estate auction companies, high end home auctions, premier home auctions, best luxury real estate auction companies, luxury home auctions

Who Would Consider a Luxury Home Auction and Why?

by Gary Gilbert
Gary Gilbert
I have been involved in multi-millions of dollars worth of luxury real estate au
User is currently offline
Friday, 08 March 2013 Category Luxury Home Auction

I was speaking with someone earlier in the week who asked me "Why would I consider a luxury home auction"?  I'm not distressed and I don't have to sell".  I asked the person, "How long has your home been listed and how many price reductions have you and/or your agent implemented"? Their answer was one that I hear time after time which was "Our home has been listed for over two years and we have reduced the price two or three times".  I then told them that I was willing to bet that they were not financially distressed nor did they have to sell but would like to sell due to downsizing, retiring, moving or dealing with something like health issues.  Nine out of ten times, that is indeed that case with sellers I am advising.

Regarding the question of why someone should consider something like a high end home auction, the answer is always the same.  The seller wants to take control of the sale process by putting themselves in control, not buyers.  They like the idea of using a date-certain event to force end-user affluent buyer to a point of action.  They understand the advantages of a cash, contingency-free 30-45 day closing allowing them to close a certain chapter of their life.

Are you going to go through another peak selling season or even worse another year at the mercy of buyers who will try to wait you out offering less than desirable terms including contingencies?  Let's hope not.

Please reach out anytime for our complimentary advisory services regarding premier real estate auctions.  I will be happy to answer your questions about the process in general including an overview of the luxury real estate auction companies competing for your business.

Gary

http://www.realestateauctionoptions.com/

Tags: premier home auctions, luxury home auctions, luxury real estate auction sites, luxury real estate auction companies, luxury real estate auctions, best luxury real estate auction companies, high end real estate auctions, top luxury real estate auction companies, premier home auctions, luxury estate auctions, luxury home auction companies, luxury home auction company, luxury property auction companies, luxury property auction company, luxury real estate auction company, luxury property auctions, luxury property auction, luxury real estate auction, exclusive property auction companies, luxury property at auction

What Value Home Justifies a Luxury Home Auction?

by Gary Gilbert
Gary Gilbert
I have been involved in multi-millions of dollars worth of luxury real estate au
User is currently offline
Friday, 01 March 2013 Category Luxury Home Auction


Let's dig in today to a subject that seems to be coming up more and more often which is the question of what home value justifies a high end auction event.  For value, let's use the current asking price, which we all know is usually not a realistic number.  I like to use two classifications, those above $1.5 million and those below $1.5 million. Specifically, I would say between $500,000 and $1.5 million.

As I have written about here before, the seller's total commission, with most firms, is their funding the advertising and marketing campaign.  That amount could range from $15,000 to $25,000 for those below the $1.5 million asking price and from $25,000 to over $100,000 for those over the $1.5 million asking price.

That being said, don't be afraid to contact us here at Real Estate Auction Options should you be considering a non-distressed auction event and have a higher end home priced at $600,00 for example. The concept and process is pretty much the same no matter what the value of your home may be.

Do you or does your client have questions regarding premier home auctions?  If so, we are here to help.  My advice is complimentary and as always my advice priceless.  Our website is www.realestateauctionoptions.com

Gary

Tags: luxury property auction companies, luxury real estate auction companies, luxury property auctions, best luxury real estate auction companies, high end real estate auctions, top luxury real estate auction companies, luxury property auction company, luxury real estate auction company, luxury property auction, luxury real estate auctions, luxury real estate auction, exclusive property auction companies, luxury property at auction

A Luxury Home Auction. Who Would Have Thought?

by Gary Gilbert
Gary Gilbert
I have been involved in multi-millions of dollars worth of luxury real estate au
User is currently offline
Friday, 22 February 2013 Category Luxury Home Auction

I have spoken with several of you lately who told me that you were surprised that a luxury home auction could be an option when it comes to selling.  Aren't auctions just for distressed sellers?  High end homes are sold at auction?  It brought how much at a non-distressed event?  These are just a few of the comments I hear on a regular basis.

No, they are not just for distressed sellers.  Yes, they are sold at high end auction and yes, the prices achieved sometimes are higher than expected.  Why?  Because premier home and other types of property auctions create urgency on behalf of affluent, end user buyers which forces them to a point of action.  Put a bunch of retail buyers in a competitive bidding situation, watch the egos and emotions take over and see what happens.

What better way to showcase a property than to create separation from all of the other similar properties in a similar area making that property special?  How do you like the sound of a 30-45 cash, contingency-free closing?  It is very possible and very realistic when the right seller with right property is working with the right luxury real estate auction company.

Let's chat to discuss your property and the benefits of auction.  My services are complimentary and my experience priceless. Contact me anytime.

Gary Gilbert

http://www.realestateauctionoptions.com/

Tags: luxury property at auction, luxury real estate auction, luxury real estate auction company, top luxury real estate auction companies, high end real estate auctions, best luxury real estate auction companies, exclusive property auction companies, luxury real estate auctions, luxury property auction, luxury property auctions, luxury real estate auction companies

I Like the Idea of a Luxury Home Auction but

by Gary Gilbert
Gary Gilbert
I have been involved in multi-millions of dollars worth of luxury real estate au
User is currently offline
Friday, 15 February 2013 Category Luxury Property Auction

Let's close out the week by discussing a concern I hear every week from non-distressed clients considering a luxury home auction.  That concern is, "I like the idea of a high end home auction but I don't want to give it away".  For someone not in my business, this sounds like a legitimate concern but for someone like myself who sees these type of events play out successfully week after week, it is really a non-issue.

To be fair, I always try to put on my seller's hat and view their decision through their eyes.  If I knew nothing about luxury real estate auctions and only associated the word "auction" with distress, I too would probably have reservations.  However, this should be a non-concern should the seller be what I like to call the "right seller" with the "right property".

That seller is probably not distressed and doesn't have to sell.  There may even be little or no debt on the property.  They are trying to sell so that they can close a chapter of their life and move on.  Most importantly, they are realistic on the true value of the property.

A good auction event conducted with the right auction firm and sold to an affluent, end-user buyer will produce every dollar that the home is worth and not a "giveaway" price.

Are you or is your client interested in learning more? Please contact me for expert, complimentary advice regarding this topic or any other auction topics.

Gary

www.realestateauctionoptions.com

Tags: luxury property at auction, luxury real estate auction, luxury real estate auctions, luxury property auction, luxury property auctions, luxury real estate auction company, luxury real estate auction companies, luxury property auction company, luxury property auction companies, luxury home auction company, top luxury real estate auction companies, high end real estate auctions, best luxury real estate auction companies, exclusive property auction companies, luxury home auction companies, luxury estate auctions, luxury real estate auction sites

Luxury Home Auctions, Price Reductions and their Implications

by Gary Gilbert
Gary Gilbert
I have been involved in multi-millions of dollars worth of luxury real estate au
User is currently offline
Friday, 08 February 2013 Category Luxury Home Auction

As always, a happy Friday to all.  Today, let's talk about something that came up a couple of times this week when I was speaking with luxury home auction candidates.  That topic was the one of whether or not to implement a price reduction while still listed traditionally or for sale by owner.  These candidates interested  in a non-distressed auction currently still have their homes listed, one with an agent and one for sale by owner.

When it comes to this topic, I am adamant about not conducting a price reduction if they are seriously thinking about something like a future high end home auction. Why?  By conducting a price reduction, they are publicly telling the world what number they may be willing to trade for, something that could hurt them later on if the seller decides to go the auction route.  In addition, it makes the property look "tired" and may place a negative connotation in any potential future buyer's mind.  "Why are they reducing the price"?  "Is something wrong with the property"?  "Are they becoming desperate to sell"?  I think you get the point.

Is this a question you or you and your seller is wrestling with?  Do you have other questions regarding the non-distressed auction method?  If so, I am happy to provide complimentary advisory services regarding anything luxury property auction related.  Just ask.

Gary

Tags: high end home auctions, luxury home auction companies, luxury property auctions, luxury home auctions, luxury home price reductions

Put on Your High End Real Estate Auction Buyer's Hat

by Gary Gilbert
Gary Gilbert
I have been involved in multi-millions of dollars worth of luxury real estate au
User is currently offline
Thursday, 31 January 2013 Category Luxury Home Auction

Hello to all of you luxury home sellers and agents.  Today, I want you to try something different by asking you to imagine yourself as someone looking buy a luxury home like you are hoping to sell.  While the premier home market is slowly staring to improve, there is still a lot of inventory out there competing for buyers.

Let's assume the typical situation- an affluent, end-user buyer is seeking a high end home in a fairly specific market and more than likely has an agent representing them.  There may be just a handful of homes that meet their criteria or there may be several.  All are being offered through the traditional method of sale with none really standing out more than another.

Now, let's assume that just one home in one of the areas you and your agent is considering is being sold via luxury home auction.  This home is very close to exactly what you have been looking for.  Are you or is anyone else looking to purchase something comparable in the area going to make any type of move prior to that auction event taking place?  Probably not.  The auction will amazingly "freeze" the market until after the auction has taken place.

Now, let's take off your buyer hat and put your seller's hat back on.  Wouldn't you like the power to "freeze" the market in your area forcing all of the attention to be focused on your property?  How about turning the tables on buyers by forcing them to play by your rules?  Those rules may include a significant deposit required to bid, a large non-refundable deposit required from the high bidder and a 30 day cash, contingency-free closing. Sound interesting?

Let's talk about your property and the non-distressed auction method.  My advice is complimentary and my experience priceless.

Tags: luxury real estate auction companies, luxury property auctions, luxury real estate auctions, exclusive property auction companies, best luxury real estate auction companies, high end real estate auctions, top luxury real estate auction companies, luxury real estate auction company, luxury property auction, luxury real estate auction, luxury property at auction

I Paid More than I Should Have at an Auction.

by Gary Gilbert
Gary Gilbert
I have been involved in multi-millions of dollars worth of luxury real estate au
User is currently offline
Wednesday, 23 January 2013 Category Luxury Property Auction

Should I Recommend my Client Consider a Luxury Home Auction?

by Gary Gilbert
Gary Gilbert
I have been involved in multi-millions of dollars worth of luxury real estate au
User is currently offline
Friday, 18 January 2013 Category Luxury Property Auction

I have noticed a definite uptick of late in the number of agents that are seeking my advice regarding high end home auctions.  Whether they are bringing it up with their client or their client has asked them to investigate, the numbers are certainly up.

Is a non-distressed auction the solution for every seller?  No.  However, it can be for many.  Does this sound like your seller?

Not distressed, doesn't have to sell?

Has had the property listed for an extended period of time?

Is trying to close a chapter of their life such as downsizing, moving, retiring with the luxury home being the one thing that is keeping them from accomplishing such?

If so, let's talk.  Let us do the homework for you providing complimentary advice regarding luxury real estate auction companies including agent compensation.

Tags: home auctions, luxury estate auctions, luxury home auction companies, luxury real estate auction companies, best luxury real estate auction companies, high end real estate auctions, top luxury real estate auction companies, luxury home auction company, luxury property auction companies, luxury property auction company, luxury real estate auction company, luxury property auctions, luxury property auction, luxury real estate auctions, luxury real estate auction, exclusive property auction companies, luxury property at auction

Taking Control of the Premier Home Sales Process

by Gary Gilbert
Gary Gilbert
I have been involved in multi-millions of dollars worth of luxury real estate au
User is currently offline
Friday, 11 January 2013 Category Luxury Home Auction

A happy Friday to all.  Let's close out the week by discussing why so many people that conduct a successful high end home auction are thrilled to have taken control of the sales process.

The primary reason is that it feels good to be in control versus buyers being in control.  Think about it- in a crowded marketplace, buyers know they have the upper hand and play it to their advantage.  Why would a buyer choose your luxury property over many others being offered?  With the traditional method of sale, usually they do not.  What about low-ball offers, contingencies and unsuccessful closings?  It's enough to drive a seller crazy.

Now let's take a look at the non-distressed "high-end" auction method.  Here, sellers are able to turn the cards and put themselves in control forcing buyers to play by their rules.  The seller determines exactly when the sale will occur with a 30 day cash, contingency-free closing.  The date-certain event forces busy, affluent, end-user buyers to react. Oh, and by the way bidders, you will need a sizeable cashier's check in order to bid in addition to tendering a non-refundable deposit.

Agents- do you have a seller or sellers that may be a candidate for a premier home auction?  Let's discuss the models of the different auction firms and their agent compensation.

Sellers, don't let another year go by just to have your home still listed.  Take control of the sale process.  Let us show you how.  As always, my services are complimentary and my advice priceless.

 

Tags: luxury home auction companies, luxury property auction companies, luxury real estate auction companies, luxury property auctions, luxury real estate auctions, best luxury real estate auction companies, high end real estate auctions

2013 Should be a Good Year for Non-Distressed Property Auctions

by Gary Gilbert
Gary Gilbert
I have been involved in multi-millions of dollars worth of luxury real estate au
User is currently offline
Friday, 04 January 2013 Category Property Auction

Welcome to 2013.  How many of you made a resolution to sell your home this year?  Based on what I am hearing from many of you, that was a popular resolution.

2012 was a good year for auctions and I feel that 2013 will be even better.  Now that we have gotten through the year-end reasons many of you referenced as your reason for not considering a luxury property auction (the election, Thanksgiving, Christmas and New Year's) let's focus on closing that chapter of your or your client's life by taking control of the sales process.

A typical advertising and marketing campaign takes about 60-75 days.  How does a 30-45 day cash, contingency-free closing sound?  How about using a date-certain event to force affluent, end-user buyers to react in a competitive bidding environment?  If you are the right seller (probably not distressed and don't have to sell but instead is trying to close a chapter of your life which may include moving, downsizing, or retiring) with the right property, then a luxury real estate auction could be the solution you have been seeking.

For complimentary expert advice, please contact me anytime.

Tags: top luxury real estate auction companies, luxury property at auction, luxury real estate auction, luxury property auction, luxury real estate auction company, luxury property auction company, luxury home auction company

Spring Luxury Real Estate Auction Season is Just Around the Corner

by Gary Gilbert
Gary Gilbert
I have been involved in multi-millions of dollars worth of luxury real estate au
User is currently offline
Sunday, 30 December 2012 Category Luxury Home Auction

As we close out 2012, let's take a peek into 2013 and the role home auctions will play.  2012 was an active year for non-distressed, "high-end" real estate auctions and I feel that 2013 will be even more active.  In Friday's Wall Street Journal in the "Mansion" section, the title read "Luxury Snaps Back" and mentioned unexpected bidding wars, something that auctions create in both cold and hot markets. That article can be found here.

One of the most popular selling seasons for those going the auction route is Spring which is right around the corner.  A typical auction marketing campaign takes 60-75 days.  Do the math and you will see that if a Spring auction is something you or your client is considering in 2013, it is time to begin the discussion regarding your property, timing, and the auction companies competing for your business.

Whether you are an agent with an auction candidate client or an owner seeking something new, let us be your one stop shop regarding expert advice.  Our services are complimentary.  Please reach out anytime.

Happy New Year to all.

Tags: high end real estate auctions, best luxury real estate auction companies, exclusive property auction companies, luxury real estate auctions, luxury real estate auction companies, luxury property auction companies, 2013 luxury real estate auctions

Happy Holidays from Real Estate Auction Options

by Gary Gilbert
Gary Gilbert
I have been involved in multi-millions of dollars worth of luxury real estate au
User is currently offline
Monday, 24 December 2012 Category Luxury Property Auction

The Right Properties with the Right Sellers Equals Great Auction Candidates

by Gary Gilbert
Gary Gilbert
I have been involved in multi-millions of dollars worth of luxury real estate au
User is currently offline
Thursday, 20 December 2012 Category Luxury Property Auction

I attended a higher-end ranch auction yesterday that proved once again that with the right seller with right property equals a great auction candidate.  So, what do I mean by the right seller with the right property?  Obviously, the right property is one that has desirability with amenities like waterfront, views and the ever most important one, location.  The right seller may need a bit more explanation.

The right seller is someone who is realistic on the true value of their property.  They are not hung up on comps and appraisals.  They understand that just because they made certain improvements that are important to them, may not be important to new buyers.  They understand that if they hire the best luxury real estate auction company, the market will respond and that affluent, end-user buyers will determine exactly what the true, fair market value is. They more than likely don't have to sell and are not distressed but are simply making some changes in their life like downsizing, moving, retiring, allocating assets or there may be health issues.

Are you an agent with the right seller for a luxury real estate auction?  Are you an owner who is ready to take control of the sales process?  If so, let's open the dialogue about your next step and how an auction may play into that step.  My advice is complimentary and my experience priceless.  Please reach out anytime.

Tags: luxury home auction sellers, luxury real estate auction sellers, luxury property auction sellers, luxury ranch auction sellers, luxury real estate auctions, high end real estate auctions

My Client isn't a Candidate for a Luxury Home Auction, or are They?

by Gary Gilbert
Gary Gilbert
I have been involved in multi-millions of dollars worth of luxury real estate au
User is currently offline
Monday, 17 December 2012 Category Luxury Home Auction

Today, let's take a look at a comment I hear often from agents and brokers which is "My client isn't a candidate for a luxury home auction".  For many of them, that could be true.  However, for many of them, it may not be.  Often times, I feel like the agent or broker may be speaking only for themselves and feel that suggesting an an auction may lead to them losing their listing.  For some luxury real estate auction companies, that may be true, but a good auction firm will include the agent extensively while protecting their full commission.

I feel that the existing listing agent is critical to the success of the auction and that they should be compensated accordingly.

Agents and brokers- please reach out anytime to discuss the auction method including the high-end auction firms competing for your and your client's business.  My services are complimentary and my advice priceless.

Tags: luxury home auction agents, luxury home auction companies, luxury property auction companies, luxury real estate auction companies, luxury property auctions, luxury real estate auctions, best luxury real estate auction companies
Scroll Up