Luxury Home & Yacht Auction Blog

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

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6702 & 6700 Old Washington Road - Mansion Living Room with Stone Fire Place, Closest View

Five Tips for Luxury Real Estate Brokers

Luxury real estate listings have the potential for a big commission, but only for agents who know how to market them. Often, luxury listings challenge brokers due to their higher than average price point. Therefore, it’s critical to prove the value of the property while marketing to a pool of potential buyers that may be smaller, given the high price tag.  Let’s take a look at five tips that can help your next luxury real estate listing stand out.  1. It’s All About Photos and Videos  While photos and videos are important for all real estate listings, they take on a new level of significance with luxury properties.

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1240 Gordon River Trail - Exterior of Mansion, Closer View

Eight Things You Need to Know as a Luxury Home Buyer

Purchasing a luxury property is quite different from buying a traditional home. Therefore, as a luxury home buyer, it’s important to have a good understanding of the process. By doing your research beforehand, you can make the best possible purchase for your needs.  Let’s take a look at eight essential things to know about buying luxury real estate.  1. You Must Invest in an Experienced Real Estate Company  Just as you would enlist the help of a real estate agent while looking for a traditional home, you’ll also need one when buying a luxury property. However, you’ll need to work with a real

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1240 Gordon River Trail - Interior of Estate Kitchen and Dining Area, Closer View

Five Luxury Real Estate Auction Myths: Debunked

There are a lot of real estate auction myths that are simply not true. Unfortunately, these misconceptions can make it seem like buying or selling luxury real estate is more challenging than it really is. False information can also make the process seem confusing and intimidating and may ultimately drive people away from participating in auctions.  Whether you’re buying or selling a high-end property, don’t listen to these five common myths about luxury real estate auctions.  1. Sellers Turn to Luxury Real Estate Auctions as a Last Resort  It’s a common belief that real estate auctions are only necessary when homeowners can’t successfully sell their home through a traditional agent. However, many

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11322 E Ricks Circle - Interior of Mansion Living Room, Closer View

Eight Things You Need to Know as a Luxury Home Seller

If you’re looking to sell a luxury property, you should know that entering the luxury real estate market as a seller is a tricky business. You need to understand the true value of your property, partner with trustworthy experts, and complete a considerable amount of home preparation before you sell. A qualified luxury home auction company such as Elite Auctions can assist you every step of the way and ensure your home sale is successful.   Before you begin the process of selling your luxury home, here are eight key things you need to know.  1. Luxury Homes Can Be Difficult

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22119 Steeplechase Lane - Spanish Style Mansion Pool with View to Estate, Closer View

Why Choose a Luxury Home Auction Over Ordinary Selling?

There are more ways than ever before to sell your property. Options include traditional agent-assisted selling, owner financing, lease-to-own, auction, and even sell-by-owner. When considering the many ways to sell a property, it’s important to understand the relationship between the type of property and the selling method. For the vast majority of luxury homeowners, selling by auction is the only alternative worth considering. Here’s why. Certain Selling Options Aren’t Suited for Luxury Homes  As previously mentioned, the property style should match the best method of selling. For example, sell-by-owner is best suited for homeowners who want to avoid paying commissions on lower-valued

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How Luxury Home Auctions Benefit Real Estate Agents

As a realtor, you’re motivated to list and market your clients’ properties so that they move fast – and sell for the highest price. However, this isn’t always easy, especially when you’re selling unique, luxury listings that only appeal to a limited slice of the market. For some of these high-end homes, working with a luxury real estate auction team can cut down on uncertainty and help you find the perfect buyers. Not sure a luxury real estate auction is right for your listing? Here are some ways real estate agents can benefit from working with a luxury home auction

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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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