WITH $3.4B IN BIDS, CONCIERGE AUCTIONS IS THE WORLD LEADER IN LUXURY REAL ESTATE
Concierge Auctions closed out its 13th year in business with continued dominance in the global luxury real estate auction sector.
With the industry’s most comprehensive database of high-net-worth property connoisseurs on the planet, the firm matches sellers of one-of-a-kind properties with the world’s most capable buyers via a state-of-the-art digital marketing, property preview, and bidding platform.
Concierge Auctions is the world’s largest luxury real estate auction firm with a state-of-the-art digital marketing, property preview, and bidding platform. The firm matches sellers of one-of-a-kind properties with the most high-net-worth property buyers on the planet.
"Since its inception, Concierge Auctions has broken world records for the highest-priced homes ever auctioned."
In 2020, Concierge Auctions reached nearly $3 billion in historic sales, processed over $3.4 billion in competitive bids, grew its global activity to 29 countries and 44 states, and continued to expand its database of high-net-worth real estate buyers, sellers, agent representatives, and investors—to more than 680,000 contacts, including 3,500 billionaires, 10,000 private clients, and 110,000 weekly subscribers.
A Tech-Forward Model
“In consideration of the global pandemic, 2020 was a remarkable year that brought a lot of change and challenges worldwide. In the luxury sphere, we saw an increase in consumers purchasing goods online more readily than in years prior, from art to vintage cars to collectable wines. And specifically, this sector experienced an increase in online auctions, with buyers’ price thresholds exceeding expectations from pent up demand,” stated Chad Roffers, Chairman. “At Concierge Auctions, we unveiled our first digital bidding platform in 2010. Since 2015, the majority of our auctions have been held online, allowing buyers to virtually view all properties and offers and bid real-time from anywhere in the world. While the world’s gone digital, we’ve been digital, offering buyers an immersive experience through our proven, world-class platform.”
Offering a more efficient method for buying and selling the world’s finest homes, in 2020 the firm attracted nearly one million website visitors from 228 countries.
“At this time last year, I knew 2020 would be prime for our platform as an on-demand, tech-forward model offering transparency and convenience to our clients. Of course, I didn’t know how true that statement would become in light of the COVID-19 pandemic, where we saw a 27% increase in buyer prospects, 27% increase in weekly subscribers, and our highest website traffic ever,” said Laura Brady. “As we’ve held our auctions digitally for many years, we focused this year on enhancing our clients’ experience. We launched a number of new technological conveniences, including our Client Portal that allows sellers and agents to see their property’s performance on our platform in real-time.”
Giving Back: Key For Key®
Since 2017, Concierge Auctions’ Key for Key® giving model has guaranteed that for every home the firm sells, a complete home is built for a family in need. In partnership with Giveback Homes, Concierge Auctions has funded over 320 homes to date—with nearly 100 of those in 2020.
To find out more, visit: www.conciergeauctions.com