‘RHONY’ alum Sonja Morgan auctioning UES townhouse

The 4,650-square-foot home is also being listed for $7.5 million by Adam Modlin of the Modlin Group. Bidding is expected to begin around $1.75 million to $3.75 million. Continue reading

Chad Roffers dishes on a Sotheby’s Concierge Auction record

The Sotheby’s Concierge Auctions founder and CEO shared more about how the recent auction of “La Dune” went down, as well as key reasons why luxury agents turn to the brand to get a deal done. Continue reading

Christie’s president: ‘Luxury isn’t a price point — it’s a level of service’

Despite instability, the priciest and most unique properties are still moving, Christie’s Co-CEO Thad Wong and President Chris Lim told Inman during the brokerage’s annual conference. Continue reading

Debt-ridden Bel Air mega-mansion fails to nab $50M target at auction

As of the auction’s closing bid on Monday, celebrity botox doctor Alex Khadavi’s Bel Air mansion had gone for $46.76 million, below the $50 million reserve price set by bankruptcy courts. Continue reading

Coldwell Banker launches partnership with Supreme Auctions

Coldwell Banker has partnered with Supreme Auctions to help agents sell luxury properties and learn the ins and outs of the auction space with a free course. Continue reading

Amid pandemic, auctions surge among luxury owners eager to sell

As coronavirus has canceled open houses and caused most real estate work to be put on hold, auctions houses are seeing an increase in interest from luxury sellers. Continue reading

The challenge of marketing one-of-a-kind properties

Every property is unique, but some have features that really make them stand out. A unique property might be in a remote area, perhaps it has a rare amenity, or it comes with an ultra-high-end price point. Continue reading