Concierge Auctions Sets Yet Another Record Price With Yesterday's Live Auction Of A 2.21-Acre Estate In Plano, Texas

PLANO, Texas, May 24, 2013 /PRNewswire/ -- New York-based Concierge Auctions is pleased to announce yesterday's record sale of a luxurious home known as Grand Gables at Kings Gate, located in a gated, exclusive community only 25 minutes outside of downtown Dallas. 11 bidders competed in the auction and produced an impressive result: the highest recorded sale price in Kings Gate in the past four years and the highest in all of Plano in over a year. The sale was conducted in cooperation with Jonathan Rosen of Briggs Freeman Sotheby's International Realty.

"This sale is without question significant for the Plano market. While the market is healthy overall, many ultra-luxury homes still take six months to a year -- sometimes even more -- to sell. Our relationship with Concierge Auctions not only spurred a transaction in only one month, but also a record price," stated Rosen. "This was our firm's second opportunity to work with the Concierge team, following last year's sale of Champ d'Or. I now have a first-hand understanding of the power of their process. I look forward to introducing the platform to and producing success for other luxury sellers."

"I became familiar with Concierge Auctions and prior properties they have represented after my introduction to them in Jackson Hole, Wyoming, where they have sold many of the area's premier homes and ranches," stated the seller Jim Broderick. "I had high expectations, but they were surpassed on day one. The Concierge team was extremely professional and organized, making this an easy and exciting process. After trying to sell this property for nearly 10 years, I couldn't be more pleased to now have a solid contract and be moving on."

Concierge Auctions' global marketing campaign generated over 2,500 website visits from 44 US states (led by Texas, Georgia, Florida, Ohio and California) and 21 international countries (led by Canada, India, the UK, Germany and Australia). A total of 771 prospects were identified, and 11 bidders participated in the sale.

Boasting meticulously-designed details throughout, Grand Gables at Kings Gate features five bedrooms, five full and one half bathrooms, and two high, open-ceiling living rooms. Amenities include a professional chef's kitchen, home theatre, two game rooms, wine cellar, trophy room, library/study, private patio and exercise room.

"This was another noteworthy transaction for Concierge Auctions, as not only does it represent the highest sale price in the respective market area in over a year, but it also highlights our track record of working for repeat clients," stated Chad Roffers, Head of Client Services for Concierge Auctions. "Identifying 771 prospects and securing eleven bidders is substantial for this type of asset and is proof that our approach is the most effective method for high-net-worth clients to sell their luxury real estate."

Concierge Auctions has several upcoming auctions in premier locations nationwide, including Clayton, Georgia, Dana Point, California, Aspen/Snowmass, Colorado and many more already planned for the Summer and Fall. If you or someone you know is interested in buying or selling a remarkable luxury property through Concierge Auctions, call 888.966.4759 or visit ConciergeAuctions.com.

About Concierge Auctions: Concierge Auctions is the preeminent luxury real estate auction firm serving high-end sellers nationwide through an accelerated marketing process that obtains fair market value for high-end properties in a 60-day timeframe. As a preferred auction partner to Sotheby's International Realty® and other luxury brokerage firms nationwide, the company has executed auctions from New York to Hawaii and hosts a database that includes more than 100,000 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 ConciergeAuctions.com.

SOURCE Concierge Auctions