White Glove Result for Sotheby’s Concierge Auctions First Live Streamed Auction of Real Estate; Sale Achieves $275M in Aggregate Bids


1680030568SEATTLE, WA USA  – Who’s Who in Luxury Real Estate is pleased to congratulate Sotheby’s Concierge Auctions on their White Glove result in their most recent auction. On March 16th from Sotheby’s New York saleroom, Sotheby’s Concierge Auctions held their highly anticipated Exceptional Global Properties Sale, setting new benchmarks while streaming live on sothebys.com, which marked the first time an auction of luxury real estate has ever streamed on the platform. The sale achieved a white glove result, with 100% of lots sold and over $275 million in aggregate bids placed.  

A highlight of the auction was a property called Elisium, an oceanfront showpiece with private beach in Paradise Island, Bahamas. The property sold for $15.68 million, leading the evening of sales, which also saw fierce competition for properties in Granada, Spain; St. Kitts & Nevis; St. Vincent & The Grenadines; Park City, Utah; Malibu and Near Morro Bay, California; and the New Jersey Shore. 1679502980

With an audience of more than one hundred in attendance and international participation form 14 countries/territories, 59 property connoisseurs competed enthusiastically in the room, on the telephone via Sotheby’s Concierge Auctions team of specialists, and online. This evening’s sale featured a curated selection of marquee real estate spanning North America, Europe, and the Caribbean. The event was conducted by Sotheby’s Concierge-Auction's head auctioneer, Frank Trunzo.  

The sale was fully integrated within Sotheby’s bi-annual Luxury Edit in New York, a sale series dedicated to juxtaposing modernity with tradition and showcasing a specialist edit of the best Watches, Jewels, Handbags, Wine and Spirits, and more. 

Chad Roffers, President of Sotheby’s Concierge Auctions states, “Our portfolio sales continue to be in high demand for sellers who are searching for both unparalleled reach, combined with the certainty of a closed transaction in 60 days or less. We are pleased to achieve another success at Sotheby’s New York where we continue to move the auction industry forward through Sotheby’s long-standing heritage and their established global client network.” 

To hear the inside scoop on Sotheby’s Concierge Auctions first live stream auction from Chad Roffers, join LRE® for the upcoming LRE® Spring Retreat. You can find more information at www.LuxuryRealEstate.com/TheKeys 

To learn more about Sotheby’s Concierge Auctions and their upcoming auctions, please visit www.casothebys.com