We get lots of questions from agents wondering how Concierge Auctions fits into a traditional real estate transaction. The answer is that an auction is another tool for realtors to add to their toolbox. We work with local luxury agents, not in competition with them. The best luxury real estate auction companies protect their broker and agent partners and guarantee them their negotiated co-broke commission. At Concierge Auctions, we are the experts on auctions, but our agent and broker partners are the experts on their local market. So, we defer to their expertise and judgement in regards to the local real estate market.
Selling a home for your client at the best market price is the goal, and we are here to help luxury real estate agents achieve that goal for them and their clients. Successful agents are willing to try new things to identify potential buyers. Here are five reasons why successful luxury agents should consider house auctions.
Why Choose a House Auction? 5 Reasons for Real Estate Professionals to Choose a House Auction for Their Clients Commission: Luxury agents sometimes assume that real estate auction companies take the commission and that the agent would be cut out of their commission. It is quite the contrary. We always work with local agents, guarantee their commission, and work to get them the best commission possible. Timeliness: Many luxury properties languish on the market for weeks or months. The Concierge Auctions process is 60 days from the start of marketing to the closing table. No negotiations: Used to back and forth struggle between a buyer and your seller? The only negotiation with an auction is the bidder setting the price at our on-site live auction. Opportunity: Our auctions present sellers with the best opportunity to sell their luxury homes. We galvanize the market and identify the most well qualified buyers in the market, gathering them all in one place so that everyone knows what the top market price is on that day. Confidence: We give buyers confidence as they see others raise their paddle and tell the room what they think the property is worth.Have a luxury home listing that could be a good fit for an auction? Click below for more on real estate agents and the auction process. Or leave us a comment with your thoughts on realtors and real estate auction companies.