ASPEN, Colo., June 3 /PRNewswire/ -- Michael S. Russo was named Vice President of Project Management for Concierge Auctions, the preeminent luxury real estate auction firm serving high-end sellers nationwide, the company has announced. Russo is responsible for overseeing the company's project managers who are charged with leading assignments on location and managing the overall marketing strategy, broker and buyer outreach and seller relations from launch through auction day. Russo will be based in Aspen, CO.
"Working for Concierge Auctions is an amazing opportunity," Russo said. "The ability to build on my experience in luxury real estate and continue to pursue my passion for best-in-class results was of particular interest. The Concierge platform is a transparent method for maximizing value and is changing the luxury real estate landscape. Concierge has assembled an experienced team of project managers who are skilled and motivated. I look forward to working with them to continue the company's track record of successful sales."
Previously, Russo served as a president of Aspen Sotheby's International Realty, where he managed the entire firm, from sales and marketing to business operations. He initiated and facilitated the combining of Aspen Sotheby's International Realty and Morris & Fyrwald Sotheby's International Realty, which created the largest luxury real estate brokerage firm in Aspen.
Prior to this, Russo held various roles at Cendant Corporation (now Realogy), which entered into a $100 million licensing agreement with Sotheby's International Realty to increase their dominance of the high-end residential real estate market. He began in franchise sales for RCI Holiday Network within the company before being promoted to Assistant Regional Vice President of Coldwell Banker Midwest, then Regional Vice President of Sotheby's International Realty.
"Mike has been around sales and marketing throughout his career, with particular focus on luxury real estate. We welcome his breadth of knowledge and look forward to his continued success with Concierge Auctions," stated George Graham, CEO of Concierge Auctions, which is headquartered in New York City. "Concierge Auctions has become a leader in the industry, and our recent successes have spurred tremendous growth. Our project managers are a dedicated staff of skilled luxury real estate professional who bring energy and creativity to each of their assignments. They are the backbone of our company and deliver the 'white glove' service our clients have come to expect. Under Mike's leadership, I have no doubt we will continue to provide the value-added service and innovation our platform has been built on."
Russo studied economics at the University of Massachusetts and holds certificates in sales management from both Harvard Business School and Wharton Business School.
About Concierge Auctions: Concierge Auctions is the preeminent luxury real estate auction firm serving high-end sellers nationwide. A leading provider of services for individual and institutional owners of luxury residential real estate, Concierge Auctions is revolutionizing the industry by offering an accelerated marketing process that obtains fair market value for high-end properties in a determined time frame. Building on a centuries-old method for selling the finest art and antiquities, the company combines the latest technologies and marketing programs with experienced personnel to generate the maximum value for the most premier properties in an open, competitive forum. As a preferred auction provider to Sotheby's International Realty® and other luxury brokerage firms, the company has executed auctions throughout the country, from New York to Hawaii. The company's database includes more than 30,000 luxury real estate buyers and agents from all 50 states and 38 countries and territories. The principals of Concierge Auctions have been involved in the transfer of more than $2 billion in luxury real estate sales over the past 10 years. For more information, call 888-966-4759 or visit www.ConciergeAuctions.com.
SOURCE Concierge Auctions