For luxury properties that exceed 180 days on market, the stats are grim. Concierge Auctions CEO Chad Roffers shared with Inman how real estate agents can combat those pesky days on market
'After working with several auction platforms, I realized there was an opportunity to create a smarter, more transparent solution that puts agents and sellers first': Ben Bacal
Marshall will take over for Xome CEO Mike Rawls when he retires on June 30, with the 2 working together until then to ensure a smooth transition at the foreclosure auction site, executives said
Homeowners can't sell a primary residence through Xome's seller portal without a listing agent, but they're welcome to hire an agent on their own or ask Xome to match them with one
The mansion where Elvis lived will remain in the family's hands following a lawsuit filed by the actor Riley Keough, Elvis' granddaughter, which alleged the company trying to sell it committed fraud
Embrace the potential of auctions and understand how to navigate their benefits and risks to elevate your approach, new Inman contributor Chad Roffers writes
The 4,650-square-foot home is also being listed for $7.5M by Adam Modlin of the Modlin Group. Bidding is expected to begin around $1.75M to $3.75M
Don't buy into the commission rhetoric that says the U.S. should do things more like they do in Australia, Cara Ameer writes. Each country has its own dynamics, customs and economics
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
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
Doorsey uses a publicly available bidding website on which buyers can see competitive offers and submit formal 'bids' above the last. Founder Jordan Allen was happy to see the deal go through
Doorsey encourages sellers and their agents to share as much as possible about the home — exposing warts and all to the open market
As of the auction's closing bid on Monday, celebrity botox doctor Alex Khadavi's Bel Air mansion had gone for $46.76M, below the $50M reserve price set by bankruptcy courts
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
Opinion
Auctions used to be reserved for exceptionally expensive homes or for very unique properties, but that is no longer the case in the age of coronavirus