Real Estate Auction Options Principal Gary Gilbert discusses luxury real estate auctions for both sellers and purchasers.

Luxury Auctions Not Just for Homes

By Gary Gilbert on
Gary Gilbert
I have been involved in multi-millions of dollars worth of luxury real estate au
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Sep 30 in Ranch Auctions

I still run across people every week that don't realize that luxury homes, like art or exotic cars are sold primarily at auction.  But what about other assets?  Did you realize that yachts and airplanes are also sold at auction? Perhaps not as often as high-end homes but still more often than one would think.

It really doesn't matter what one is auctioning as the concept is the same.  That concept is to offer something special using a date-certain event forcing interested parties to take action.

Now, would this concept work well with say a Honda Accord or a pontoon boat?  Probably not because there is really nothing special about either of these assets which are common in nature.  However, if we are talking about a vintage Ferrari or a Admiral X Force yacht, that is a different story.

Interested in learning more about non-distressed premier home auctions and the luxury real estate auction companies that conduct them?  Reach out to me anytime.



Tags: yacht auctions, airplane auctions, luxury home auction companies


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