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Concierge Auctions, The United States' Leading Luxury Real Estate Auction Firm, Announces Expansion Into The European Market With UK-Based Advisor Charlie Smith

NYC-based auction house to continue its focus on exquisite, luxury properties, while meeting the needs of high-net-worth global buyers and real estate agents


News provided by

Concierge Auctions

Jun 13, 2013, 06:02 ET

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NEW YORK, June 13, 2013 /PRNewswire/ -- Concierge Auctions, the preeminent luxury real estate auction firm in the United States, has announced the company's expansion into the European market and its alliance with European Advisor, Charlie Smith. Building on a proven track record of unparalleled success with its unique methodology for producing the highest market values for the most premier properties, Concierge Auctions will now offer its skills to high-end sellers and brokers throughout Europe. 

"Most of our clients live global lifestyles and own multiple homes worldwide. The notion of servicing their European pursuits is a natural progression," stated Mike Russo, Chief Operating Officer of Concierge Auctions. "We have known Charlie Smith for years and have always been impressed by his knowledge of luxury properties across Europe and his skill in dealing with high-end clients. We share many connections in the luxury real estate realm and look forward to parlaying those synergies into this relationship."

Concierge Auctions is held in high esteem in the industry and has mastered the skill of expertly positioning unique, luxury properties, attracting global attention, and producing transactions in a set timeframe -- typically 60 days or less. The firm has sold over US$380 million in properties since 2008, with an average transaction price of US$3.3 million and rising, and maintains a database of over 100,000 real estate buyers and agents from 109 countries.

Notable U.S. sales by Concierge Auctions range from Fox Crossing in Aspen, Colorado to Trancas Canyon in Malibu, California, Champ d'Or in Dallas, Texas, Paumalu Ranch on the North Shore of Oahu, Hawaii, and Topridge near Manhattan, New York, among many others.

A 20-year veteran in luxury residential real estate brokerage, Charlie Smith currently serves as Managing Partner at London Real Estate Advisors LLP (LREA), a London-based residential estate agency, acquisition service and general property consultancy. Previously, he spent 14 years with Sotheby's International Realty in the UK, seven years as Managing Director.

"I've witnessed the remarkable success that Concierge Auctions has achieved in the U.S. and know there is ripe potential for similar impact throughout Europe," stated Smith. "Currently, no European company demonstrates a sophistication and skill akin to Concierge. Europe has some truly iconic locations, sought-after by a broad international clientele. We have plenty of sellers who will benefit from their platform -- and buyers who will be delighted as a result."

"Not only is Europe celebrated for its historic and exquisite estates, but Europeans are also familiar with auctions of other fine, one-of-a-kind assets -- art, antiquities and jewelry. We are confident that our skilled auction team, along with our global database of high-net-worth buyers, will be a welcomed introduction," added Concierge Auctions President, Laura Brady.

For more information about Concierge Auctions and its services, visit ConciergeAuctions.com or call +1 888-966-4759 or +44 0 203-327-2751.

About Concierge Auctions: Concierge Auctions is the preeminent luxury real estate auction firm serving high-net-worth sellers nationwide through an accelerated marketing process that obtains fair market value for unique, high-end properties in a 60-day timeframe. The company has executed auctions in 25 U.S. states from New York to Hawaii, typically valued between $2.5 million and $20 million, and hosts a database that includes more than 100,000 luxury real estate buyers and agents from all U.S. states and 109 countries and territories. The principals of Concierge Auctions have been involved in the transfer of more than $2 billion in luxury properties over the past 10 years. The firm has sold over $380 million in properties since its founding in 2008. For more information, call 888-966-4759 or visit ConciergeAuctions.com.

SOURCE Concierge Auctions

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