Luxury Real Estate Auctions Succeed and MLS Listings Fail

July 13, 2012

Do you own a luxury high-end property that you’d like to sell? Are you frustrated with the traditional real estate process? Perhaps it’s time you contact a luxury real estate auction company to see if your property qualifies for a luxury auction.

Increasingly, high-end home owners are learning that luxury auctions are not only a more swift and efficient alternative to the traditional Multiple Listing Service (MLS), they’re also considerably less stressful and time-consuming, since an auction bypasses the months of walk-throughs and back and forth deals with various real estate agents.

In fact, according to the National Auctioneers Association, sales of residential real estate at auction have grown by more than 47% in just the years between 2003 and 2008 – and the team at Supreme Auctions has certainly seen no sign of a decline. If anything, the number of luxury real estate auctions and inquiries from buyers has only continued to rise.

Simply putting a luxury property on the MLS in the hopes that it generates interest isn’t enough – nor is the prospect of waiting a year or two to unload a luxury home. Enter the luxury real estate auction – a clear and competitive alternative.  Sellers of one-of-a-kind properties and luxury homes need to do something different to get noticed and stand out from the crowd. Luxury real estate auctions do precisely that. Much like high-end auctions of artwork and historical artifacts can garner incredible buzz at an auction house like Christie’s or Sotheby’s, a Supreme Auctions Luxury Real Estate Auction is all about generating that all-important buzz. And buzz can translate into incredible profits for sellers by creating competition among potential buyers. With an average marketing period of 60 days before the day of the auction, sellers can rest assured that their property will sell quickly and for its market value – if not more.

The bottom line is, luxury real estate auctions can facilitate a sale where other, more traditional means, fall short.

Supreme Auctions are the Premier Leaders in Luxury Property Auctions and boast a 98% sales success rate. Our dedicated team of auction professionals offers years of expertise, integrity and knowledge with the highest level of service to both sellers and buyers of multimillion-dollar luxury properties.  Contact us online or call today to schedule a consultation.

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