Luxury Home & Yacht Auction Blog

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

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.

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

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

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

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