Luxury Home & Yacht Auction Blog

What to Expect During a Luxury Yacht Auction

The luxury yacht brokerage market can be an arduous process for sellers to navigate, and it’s not unheard of for beautiful, high-end vessels, even those of the “superyacht” class to sit on the market for months (or even longer). And while waiting for the right buyer to come along, carrying costs like dockage, crew, insurance, maintenance and fuel add up quickly, and are significant. Elite Auctions is here to change the paradigm when it comes to listing or buying luxury yachts. A live, no-reserve luxury yacht auction provides sellers a cost- and time-saving alternative to the conventional list-it-and-wait approach. An

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6230 Lightbourn Way - Mansion Outdoor Patio at Dusk, Closer View

How to Increase Your Home’s Online Curb Appeal

For most of today’s homebuyers, the all-important first impression happens in front of a desktop computer screen, tablet, or phone. Online listings can make or break the sale of your home, and especially given the challenges presented to buyers and sellers in the context of a global pandemic, digital presentation can make a bigger impact over traditional curb appeal now more than ever. This is perhaps most true of multi-million-dollar luxury homes, which often attracts homebuyers from well outside the local area. Many people in the market for these high-end properties will plan a trip to take a walkthrough based

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Read This Before Attending Your First Home Auction

Are you thinking about attending your first home auction and wondering what to expect? Elite Auctions is here to help with answers to some of the most common questions asked by first-time auction attendees. Stepping into a high-end home auction can feel like entering a different world – but it doesn’t have to. By doing your research beforehand and knowing what to expect, you’re sure to have a smooth, enjoyable experience. Read on for everything you need to know before attending your first luxury home auction! View the Property with Trained Eyes Before you even decide to attend an auction

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211 Captains Watch - Arial View of Estate Front Exterior and Driveway 2

When Is the Right Time to Buy or Sell a Home?

In most cases, the decision to buy or sell a home isn’t an impulsive one. It takes careful planning to ensure that buyers and sellers are prepared for the process. Additionally, the timing of that transaction can have a significant impact on the potential sale price of your property and how many other homes are on the market. Whether you’re planning to buy or sell a luxury home at auction or considering a more traditional route, your timing should occupy more than a passing thought. So, when is the right time to buy or sell a home? Consider the following

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Everything Sellers Need to Know About Luxury Yacht Auctions

Thinking of selling your luxury vessel in an auction? If you are unfamiliar with yacht auctions, you likely have a host of questions about the process. Below, we’re breaking down everything you need to know about selling a luxury yacht at auction, so you can make educated decisions as you work towards the sale of your vessel. Let’s take a look! Why Are Luxury Yachts Difficult to Sell? Every year, hundreds of luxury boats are listed for sale. Because the market is so competitive – and every seller is up against brand-new listings–it can be tough to find the right

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When Is the Best Time to Sell Your Luxury Yacht at Auction?

Unless you’re lucky enough to live in southern Florida, Hawaii, or another temperate destination, you’re likely subject to a limited boating season each year. For much of the U.S., the prime time for boating spans from mid-May through late October. But what does this mean for luxury yacht sellers? Let’s take a closer look at the best times to sell a yacht at auction. The Best Time to Sell: February Through June Common sense dictates that the beginning of the boating season is the best time to try to sell a yacht – and that’s exactly what our experience has

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Luxury Estate vs. High-End Condo: Which Is Right for You?

Whether you’re searching for a high-end property to serve as your main residence or a vacation home, you’re sure to encounter a variety of options. From sprawling rural estates to classy urban condos, there are near-limitless options. However, just because that 20-acre estate or ritzy uptown condominium looks great on paper doesn’t mean either one is the right fit for your lifestyle. As you narrow down your choices, it’s important to determine the type of property that best meets your needs. Consider the factors below to help you find your dream home: Do You Prefer the City or the Country?

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Five Tips for Buying an Oceanfront Home

There’s a lot to be said for owning a home on the water. Who wouldn’t want to wake up to the sights and sounds of a lovely beach each morning? However, buying an oceanfront home can be a high-stakes endeavor. Beachfront properties tend to come with greater risks – along with a substantially bigger price tag, of course. We’ve compiled our top five tips to keep in mind when shopping for your own luxury beach getaway. 1. Work with an Agent Who Specializes in Waterfront Homes When purchasing a beachfront home, you’ll want to work with a broker who has

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How to Make Your Luxury Real Estate Listing Stand Out: Three Proven Strategies

Most homebuyers only spend a few seconds considering each online listing, which doesn’t give sellers much time to make an impression. With more houses on the market right now than ever before, it’s crucial to put in the effort to craft a real estate listing that captures the personality of your property and the imagination of would-be buyers. Here are three ways to make your home’s listing stand out from the rest: 1. Work with Professionals When it comes to selling your luxury home, having a team of professionals on your side can make all the difference. Competition in the

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Should You Use Social Media to Promote Your Luxury Home Listing?

Do you want to get your luxury home in front of the right buyers? Targeting those high-net-worth individuals is key, but it isn’t always easy to reach this affluent audience with your messaging. You might already be aware of the basics for marketing your luxury home; creating a listing, sending out flyers, and having someone available to show the property. But there’s another crucial element in today’s luxury real estate marketing mix to consider: Harnessing the power of social media, and its massive, global reach. Below, we’re discussing the importance of including social media in your real estate digital marketing

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Most Sought-After U.S. Locations for Luxury Vacation Homes

Are you in the market for a vacation property? Luckily, the U.S. is home to a wide variety of luxury vacation destinations. Whether you’re searching for a luxurious ski lodge, an oceanfront mansion, or a historic New England estate, it’s crucial to find a location that you’ll love visiting year after year. Below, we’re discussing a handful of the most sought-after U.S. destinations for luxury homes. Read on, and you just might find your dream locale! 1. Aspen, Colorado Aspen occupies a spellbinding corner of the White River National Forest. At every turn, you’ll catch glimpses – or jaw-dropping panoramas

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The Best Cities for Luxury Real Estate in the United States

To be sure, fine examples of luxury property valued at $1 million and upward can be found in all 50 states of this great nation, from coast to coast. But although there certainly is no shortage of high-priced homes in the U.S., there are a few, uniquely-luxurious locales where the ultra-wealthy tend to congregate. These areas also offer stunning natural beauty, lively entertainment and shopping districts, and excellent business opportunities. Wondering which U.S. cities top our list? Read on to see some of the best luxury real estate locations we’ve identified as solid investments and great places to call home,

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