What Is a High-End Client? 

Simply put, in the context of luxury real estate auctions, a high-end client is qualified to purchase very expensive or luxury real estate. This includes clients with a very high net worth that could comfortably afford a very expensive home. High-end clients are also considered those that have all the necessary paperwork for participating in international property auctions. Sometimes, getting licenses from different countries to purchase property is a lengthy and expensive process. Real estate agents and brokerages often filter out candidates by their ability to afford certain licenses and paperwork that goes into purchasing a high-end property. 

How Do Real Estate Agents Get High-End Clients? 

One of the most common ways real estate agents target high-end clients is by using the same resources or products that this clientele typically purchases. That includes luxury cars, boats, gold club dealers, or tax lawyers. Clients in these businesses’ radars are usually the ones that are more qualified and interested in a prime location, high-end amenities, and the prestigious history of a luxury home. Our extensive network of real estate agents and brokers is extremely adept at finding qualified buyers for the properties that we have for listing.

More About Platinum Luxury Auctions 

We are a luxury real estate auction house dedicated to providing our high-end clients with an unmatched luxury auction experience. We oversee mansion auctions, villa auctions, and many other kinds of auctions around the United States. Contact us today to learn more about our Florida luxury real estate, California luxury real estate, Miami luxury real estate, and other luxury real estate properties. 

The post How Do Luxury Real Estate Agent Find Their Clients? appeared first on Platinum Luxury Auctions.

How Do Luxury Home Auctions Work? 

As opposed to finding a buyer the traditional way, luxury real estate auctions concentrate qualified buyers into one place, where they each place a bid on the property. When a luxury real estate auction is overseen by an auction company like Platinum Luxury Auctions, resources are given by the auction company that helps the buyer and the seller mutually. We help people by giving them an established network proven to lead to a satisfactory transactions for buyers and sellers alike. If you are asking yourself, “How do real estate auctions work?” We have the answers further below. 

How Property Auctions Work and the Different Kinds of Auctions

There are three common types of property auctions. These are minimum bid auctions, absolute auctions, and reserve auctions. 

Minimum Bid Auctions

These auctions are where a minimum bid is set and must be set by the auctioneers for the people participating in the auction to meet to be in the running for the property. 

Absolute Auction 

Absolute auctions are what someone typically envisions a luxury property auction to be. Here, there is no minimum, and bidders compete for the property, which goes to the highest bidder. 

Reserve Auction 

A reserve auction is a kind of auction where the seller has the right to review bids before accepting or rejecting the highest offer. 

How Do Real Estate Auctions Work Step-by-Step? 

The most crucial steps in a luxury auction are the following: 

• Setting the auction date 
• Analyzing the market and contacting prospective buyers (which is much easier with the connections afforded to by a luxury auction house) 
• Uploading the property onto a website for visitors to view 
• Schedule and organize tours, open houses, and private previews to interested buyers

More About Platinum Luxury Auctions 

We are a luxury auction house that has overseen the auction of luxury properties across the United States and the rest of the world. We can help buyers and sellers of Arizona luxury real estate, New York luxury real estate, California luxury real estate, Florida luxury real estate, Miami luxury real estate, and South Florida luxury real estate connect with the buyers and sellers that most interest them. Contact us today to learn more about our domestic and international luxury real estate properties. 

Related Readings 

Which States Have the Most Luxury Homes for Sale in the United States?

What to Consider Before Purchasing a Luxury Oceanfront Home Through Auction

The post How Do Luxury Real Estate Auctions Work? appeared first on Platinum Luxury Auctions.

The property was first listed for $45 million in 2014 and the price was dropped to $40 million in mid-2015, according to Mr. Lesnock. The current listing was marked “price upon request.”

Read the full article by Mansion Global’s Fang Block HERE.

The post Japanese-Influenced Caribbean Estate Once Asking $45 Million Heads to Auction appeared first on Platinum Luxury Auctions.

An important part of what constitutes a luxury home is the amenities that it offers its residents. The amenities that a home offers do two things to the property – it makes the home comfortable for those living in it and it increases its value. If you are considering purchasing a home, knowing which luxury home amenities increase the value of a home the most could be extremely valuable.

What Is a Luxury Home? 

There is no clear definition of what a luxury home is, but one clear way of understanding what makes a luxury home could be in its features. Luxury properties would not be thought of as luxurious if it wasn’t for the extra comfort that it provides its residents through luxury house amenities.

Which Luxury Home Features Are the Most Valuable? 

One of the most valuable features a luxury property could have is a spacious floor plan. A luxurious home needs to have an open floor plan. Because having a large, open space allows for more furniture and exposure to natural light. The need for space also translates to the outdoor areas of the home, since that space allows for outdoor kitchens and pools. One of the most valuable features that a luxury home could have, is an outdoor pool and kitchen area. Since many luxury homes are on a plot of land that overlooks picturesque locations, many luxury home buyers look for a comfortable outdoor seating area to enjoy themselves. Having a large pool, hot tub, changing room, and a large refrigerator all increase the value of the home greatly. 

More About Platinum Luxury Auctions 

We are a luxury real estate auction house that oversees the auction of numerous luxury auctions around the United States. If you are wondering how to purchase luxury real estate or how to sell luxury real estate, there are clear advantages to going to an auction house. We offer help for buyers and sellers of California luxury real estate, New York luxury real estate, Florida luxury real estate, and Miami luxury real estate. Contact us today to learn more. 

Related Readings 

NAME YOUR PRICE TO LIVE IN PARADISE: LUXURY AUCTION® SET FOR PARADISE VALLEY, AZ MANSION

PLATINUM LUXURY AUCTIONS RINGS IN NEW YEAR WITH MULTI-PROPERTY OFFERING APPROACHING $100 MILLION

The post Most Valuable Amenities in a Luxury Real Estate Listing appeared first on Platinum Luxury Auctions.

Platinum Luxury Auctions will be hosting the auction of a luxury penthouse located in Miami’s cosmopolitan Brickell sector. This property will surely become a staple of the Miami luxury real estate community for years to come. What makes this Miami real estate luxury condo one-of-a-kind is the fact that it is a stone’s throw away from world-class restaurants, bars, art galleries, and boutiques. Additionally, if there is one thing that separates Miami from any other city in the United States, it is its exquisite views of the ocean and skyline. The designer of this Brickell Flatiron luxury condo is none other than Ugo Colombo, who made an effort to showcase all that Miami has to offer with this condo.  

More About The Brickell Flatiron

This Miami luxury real estate property comes with plenty of amenities. The owner of this luxury condo will have the pleasure of being part of the community that lives in the Brickell Flatiron. This building boasts 64 stories, towering over Miami’s picturesque downtown area. Residents are within walking distance from popular locations like Mary Brickell Village and Brickell City Centre. These offer shoppers great shopping and fine dining experiences.  The name of the condominium is inspired by its similarity to the Flatiron Building in New York City and takes influence from Italian designers. The 5,000 square foot penthouse of this building, which is set for auction, offers 4 bedrooms, 6 full and 1 half bath in addition to a private terrace with its own rooftop pool. An exciting facet of this Miami luxury real estate property is the fact that it could be adorned and laid out in any way that the owner pleases, as it is a blank slate. Choose between Italian marble flooring, stone finishes, fixtures, and your own unique color palette to make this spectacular property completely your own.

More About Platinum Luxury Auctions 

We are a luxury real estate auction house that offers its affluent clients premier luxury real estate auctions. We work to connect buyers and sellers with the top luxury real estate brokers so they could have a positive experience. Our platform combines key elements of the following five fields: luxury real estate brokerage, auctions, advertising, marketing, and public relations. Our expert combination of these fields combines to provide clients with a sophisticated auction experience. Contact us today or visit our buyer, seller, or broker page to learn more about one of the best luxury real estate auction companies available. 

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