LIV Sotheby’s International Realty Sponsors Sotheby’s 2016 Hong Kong Autumn Sales Auction
Posted by Brittanny Havard — October 17, 2016
DENVER, CO - To cultivate a relationship with the Hong Kong real estate market, and multitude of buyers coming from Hong Kong and other Asian markets to Colorado to invest or purchase second homes, LIV Sotheby’s International Realty attended and sponsored the Sotheby’s Hong Kong Autumn 2016 Sales Series, which took place September 30 – October 5, 2016 in Hong Kong, China.
The Sotheby’s International Realty brand places great value on cultivating and fostering strong relationships with other SIR brokers from around the world, and often, this global connection proves an invaluable way to share and discover exquisite properties available for sale anywhere in the globe.
“This trip has really opened my eyes to the reality of the growing influence of the Asian market in Colorado,” said LIV Sotheby’s International Realty President, Scott Webber. “There is no doubt it will only grow bigger, and we need to be at the forefront of making sure we are tapped into the Asian market. Over all of my years in this business, one thing I have learned is that our value as a broker is a function of our exposure. Our exposure to new ideas. Our exposure to people and business. Our exposure to new prospects for our clients, and the marketing exposure we bring to a buyer and seller. The exposure we create for our clients through our association with Sotheby’s is second to none.”
Increasingly, Colorado has seen an influx of international buyers moving to the state for investment purposes, or, to buy a second home based on the state’s stable economy and close proximity to outdoor recreational activities. Annually, approximately 10,000 people, or nearly 10% of newcomers relocating to, or investing in, the metropolitan Denver and Colorado Front Range real estate market come from international areas, including Asia. International buyers are no longer investing on primarily the east and west coasts, but are investing in Colorado more than ever before.
A group of ten brokers and leadership from LIV Sotheby’s International Realty traveled to Hong Kong to connect with Sotheby’s Auction House clients and Sotheby’s International Realty brokers to promote the state of Colorado and many of LIV SIR’s luxury properties for sale. Properties were presented in the first-ever Mandarin Chinese edition of LIV Magazine, and were distributed to Sotheby’s clients and brokers participating in the Hong Kong auction.
Exceptional objects encompassing Chinese Works of Art including Classical Chinese Paintings, Modern and Contemporary Asian Art, Jewelry, Watches and Wine were offered at auction at the Hong Kong Convention and Exhibition Centre.
Throughout the event, over twenty auctions took place over five days. Fierce bidding from new buyers and experienced collectors alike resulted in several artist records as well as 100%-sold sales, including The Sublime – Wou-Ki Zao, a sale of sixteen works on paper by the artist, and the collection of renowned Japanese dealer Sakamoto Gorō. With a grand total of HK$22 billion (US$285 million), not to mention six sales on October 5 alone, achieving HK$603 million (US$77.2 million), Sotheby’s Hong Kong performance proved the market is alive and thriving.
It has never been more vital to market homes to international buyers and investors, and the most effective way to do this is by listing your home with a brokerage that has their finger on the pulse of both Asian and other international markets.
For more information, contact LIV Sotheby’s International Realty public relations manager, Brittanny Havard, at 303.486.3738. To service all of your real estate needs visit livsothebysrealty.com.
About LIV Sotheby’s International Realty
LIV Sotheby’s International Realty, the exclusive Board of Regent for the Who’s Who in Luxury Real Estate, has 13 office locations in the Denver Metro and surrounding areas, including Boulder, Castle Pines Village, Cherry Creek, Clayton Street, Denver Tech Center, Downtown Denver, Evergreen and the resort communities of Breckenridge and the Vail Valley. For more information, call 303.893.3200. To service all of your real estate needs visit www.livsothebysrealty.com.