Luxury Home & Yacht Auction Blog

How to Find and Purchase Luxury Real Estate

Are you in the market to buy luxury real estate? If so, you probably have a few things on your list of priorities. You likely have a minimum number of bedrooms and bathrooms in mind, the ideal kitchen in which your family will enjoy meals, and a specific acreage. Of course, you’re probably also trying to get the best house at the best price. That’s only natural. If you’re ready to purchase luxury real estate, there’s a little secret you should know: you can buy mansions and high-value homes without spending exorbitant amounts of cash by using auction companies such

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11650-masters-run rear right side and pool view

Six FAQs About Luxury Real Estate Auctions 

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

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What to Look for in Your Luxury Real Estate Auction Company

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

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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

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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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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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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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