Luxury Home & Yacht Auction Blog

Do’s and Don’ts During a Luxury Real Estate Auction

Once you’ve decided to auction your home, you’ve already made life much simpler by cutting out the arduous process of considering offers, making counteroffers, and working through a typical home sale process. But you still have a few crucial decisions to make that spell success during the auction of your luxury property. Elite’s team of real estate and marketing pros has put together their top list of do’s and don’ts in the months and weeks leading up to your auction, and they’re here to spill the beans on making sure your high-end real estate auction goes off without a hitch.

Read More »

Reasons Why Your Yacht Isn’t Selling (and How an Auction Can Help)

Sometimes you do the work, choose a broker, and list your yacht only to hear crickets. You have a beautiful vessel, you’ve loved her well, and people should be lining up to make an offer. So, what’s the deal? Why isn’t anyone taking the bait? There are a few likely possibilities, but they don’t have to spell total disaster for the sale of your yacht. Here are some of the most common reasons boats sit on the market without generating the enthusiasm they deserve. 1. Pricing Issues A vessel priced too high – even by just 10 percent – can

Read More »

The Benefits of Selling Your Luxury Yacht at Auction

Whether you’re looking to sell a 60-foot Sunseeker or a 116-foot Benetti, selling a high-end yacht at auction can provide a number of benefits. Although traditional brokerages have a few perks on their side (along with the weight of tradition), luxury yacht auctions often draw the largest pool of qualified buyers. Why should you consider selling your luxury yacht at auction? Below, we’re discussing a few of the top benefits. The Power of Competition Yacht auctions garner attention and competition, allowing the seller to operate from a point of strength. Instead of managing one-on-one negotiations, yacht owners will likely have

Read More »
9521 Neapolitan Lane - Estate Swimming Pool with View of Mansion, Closer View

How Do Luxury Real Estate Auctions Work?

When it comes time to sell, many homeowners wonder how they can ensure a timely sale at an ideal price. This is especially true for luxury properties, which require interest from highly qualified buyers. To achieve a timely sale, an increasing number of homeowners are exploring the luxury real estate auction process, which offers unparalleled flexibility, access to an elite buyer pool, and more. Below, we’re discussing how luxury real estate auctions work and why they may be an ideal choice for you. What Is a Luxury Real Estate Auction? Luxury real estate auctions are a popular choice among homeowners who wish

Read More »

What Does a Luxury Real Estate Auction Company Do?

When it comes time to buy or sell a home, it’s important to have a dedicated, knowledgeable team in your corner. That way, you can ensure a smooth, worry-free process and a desirable outcome.   Whether you are buying or selling a home, a luxury real estate auction company should take care of the entire transaction for you, from beginning to end. Let’s take a closer look at what a luxury home auction firm does and what you can expect when working with Elite Auctions. Perform a Walk-Through and Initial Consultation  When you first decide to sell your home at auction, you’ll

Read More »
1240 Gordon River Trail - Estate Exterior, Fire Pit, Closer View

What Are the Most Expensive Homes Elite Auctions Has Ever Sold?

Mega mansions and celebrity compounds: there’s a reason people love to browse luxury real estate, with its exclusive amenities and premium price tags. See some of the most expensive homes to go on auction, the prices they commanded, and the amenities they’ve offered buyers.  1. 1240 Gordon River Trail, Naples, FL 34105  Sold for $7,250,000.00, this luxury golf estate was designed by Stofft Cooney Architects and built in 2009. The private, gated golf course community home sits on a double lot with 1.29 acres and a 7,418 square foot estate. Inside, there are four bedrooms, plus six bathrooms, and two

Read More »

10 Amenities That Luxury Homebuyers Look For

From wine cellars to home theaters, luxury properties offer some of the most unique and lavish amenities available on the market. But which features are most important to today’s prospective homebuyers? Understanding buyers’ wants and needs is crucial to selling your home quickly and for the most value. Below, we’re discussing the top 10 most coveted luxury home amenities. Let’s take a look! 1. Smart Home Technology For many buyers, smart home technology outranks square footage or sprawling acreage in terms of desirability. In fact, a well-designed and integrated smart home system is an essential requirement for many luxury buyers.

Read More »

The Importance of Marketing Your Luxury Real Estate Listing

You have a beautiful luxury home in a great location, and plenty of professionally-shot digital imagery and video for the listing – so, why isn’t your property selling? Often, the answer is simple: Marketing. Digital real estate marketing tactics, along with more traditional ones, both have a place in the luxury home sales process, and skimping when it comes to marketing your home effectively can result in one that sits on the market for years. Digital Marketing is a Non-Negotiable The role of digital marketing is expanding daily – particularly as we’ve just ended 2020, a year that fundamentally changed

Read More »

10 Tips for Getting the Most Value for Your High-End Home

If you’re selling a luxury home, you have likely noticed that placing a high-end property on the market can be even more stressful than buying a new one. Targeting the right buyers while effectively highlighting your home’s unique characteristics is crucial for selling high-end homes. To help simplify the listing process, our team of luxury real estate professionals has gathered 10 tips to help you get the most value out of your home: Consider the Luxury Market in Your Area “Pulling the comps” and evaluating comparable sales in your area is usually among the first steps when it comes to

Read More »

Five Tips for Finding Buyers for Luxury Homes

Luxury homes tend to stay on the market far longer than their less dramatic counterparts – mostly because getting them in front of the right buyers can be challenging. The luxury real estate world is highly exclusive, populated by buyers with radically different ideas about a home’s quality and must-have features. Additionally, for many sellers, privacy is a significant concern; a highly publicized listing can be undesirable for a variety of reasons. However, finding the right buyer for your luxury home doesn’t have to feel like an endless process. We’ve compiled the following tips to help you connect with the perfect

Read More »

What Makes a Home Luxury Real Estate?

Many homes offer luxury features and amenities that give them a high-end feel, but few properties can truly be considered luxury real estate. A luxury home isn’t just determined by price per square foot, a minimum home or lot size, or a list of specific features. In a very real sense, the luxury experience is in the eye of the beholder. However, most people agree that a few benchmarks set a genuine luxury home apart from the rest in today’s market. What Is Luxury Real Estate? In general, luxury homes are among the top five percent of the market’s price

Read More »

Five Things You Didn’t Know About Selling Luxury Real Estate

Luxury homes tend to stay on the market longer than traditional properties and require sellers to find highly qualified and motivated buyers. Knowing how to market your luxury estate and having the right professionals by your side can save you considerable time and money throughout the sales process. This often starts with learning more about the luxury real estate market. Read on for five facts to keep in mind as you prepare to list your home! 1. Connections Are Everything When it comes to high-end real estate sales, networking and connections are everything; having a broker or marketing team on

Read More »