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As a luxury property owner, it’s natural to have questions about putting your real estate up for auction. At Elite Auctions, we believe in keeping our sellers as informed as possible. Please feel free to browse these most commonly asked real estate questions for luxury auctions.  1. Does Auctioned Luxury Real Estate Sell at Reduced Prices? Luxury real estate that’s put up for auction rarely—if ever sells at reduced prices. In fact, just the opposite is true. The luxury real estate auction serves to drive selling prices higher. First, there’s the marketing aspect. When a luxury property is put up for auction, it gets

Whether you’re in the market to buy or sell a luxury property, it’s important to work with a real estate auction firm that you trust. The right company will be there for you throughout the entire transaction process – thus increasing the odds of a successful sale. Let’s take a look at the four essential traits of a quality luxury real estate auction company. 1. Positive Reputation Having a positive reputation is paramount in the luxury real estate industry. No matter which side of the gavel you’re sitting on, you want to partner with a firm that has proven its honesty and