Tag Archives: record

Playa Vista Isle Shatters Records: Highest Sale Price Ever In Broward County And Highest Auction Sale Ever In The U.S.

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Concierge Auctions delivers global attention and record results for the most expensive home ever to hit the auction block

New York, NY – Nov. 16, 2018 (PRNewswire) Playa Vista Isle in Hillsboro Beach, Florida, previously offered up to $159 million, created a bidding war among 11 buyers and successfully sold at auction last night through leading global firm Concierge Auctions in cooperation with ONE Sotheby’s International Realty. When closed, the transaction will represent the highest price ever achieved for a U.S. home at auction and the highest sale ever in Broward County.

Concierge Auctions Logo

The global exposure generated by Concierge Auctions in the six weeks prior to auction resulted in over 1,800 inquiries and 29 viewings by interested buyers — a tremendous result for a property of this caliber. The winning buyer is a past client of Concierge.

“I hired Concierge Auctions because their reach to the most elite buyers across the globe is unsurpassed, and I’ve been equally impressed by the attention to detail and business acumen of their entire organization,” state the seller, Robert Pereira. “If I had the chance to sell this property again, Concierge Auctions would be my first call. They are the best organization in the world to produce the highest price for one-of-a-kind properties in an efficient manner.”

“The auction process continues to break records across every high-end asset class, and we’re pleased to be the leader in the real estate sector,” stated Concierge president Laura Brady. “Three months ago RM Sotheby’s set a record for the most expensive car ever sold at auction for $58 million, and just last night Christie’s smashed the record for a work by a living artist when it sold David Hockney’s “Portrait of an Artist (Pool with Two Figures)” for $90.3 million. It’s an exciting time for the industry.”

Playa Vista Isle

Playa Vista Isle is the only Ocean-to-Intracoastal Waterway estate on the Gold Coast to offer 500± feet of private oceanfront beach and two concrete deep-water yacht docks. The 5± acre estate was completed in 2018 and features 11 bedrooms, 22 bathrooms, and 22-karat gold leaf gilding throughout. Additional amenities include the world’s first private 3D-IMAX© in-home theater; 20-car garage with secure tunnel access; 3,000± bottle wine cellar with individually-controlled temperature and humidity secured by biometric access with adjacent tasting room; 4,500-square-foot heated infinity edge pool; oversize Jacuzzi perched 40± feet above the ocean featuring unobstructed panoramic views of the horizon; 13 water features including six waterfalls; and a putting green. The property also includes an adjacent lot that can accommodate an additional structure, garden area, or recreational facility. With its world-class finishes, Playa Vista Isle has been awarded the “World’s Best Property,” “Best Residential Property-Florida,” and “Best Architecture Single Residence-Florida” by the International Property Awards.

About Concierge Auctions

Concierge Auctions is the largest luxury real estate marketplace in the world, powered by state-of-the-art technology. Since its inception in 2008, the firm has generated billions of dollars in sales, broken world records for the highest priced homes ever achieved at auction, and is active in 38 U.S. states/territories and 20 countries. Concierge curates the most prestigious properties globally, matches them with qualified buyers, and facilitates transparent, market-driven transactions in an expedited timeframe. The firm owns arguably the most comprehensive and intelligent database of high-net-worth real estate buyers and sellers in the world. It has been named one of America’s fastest-growing companies by Inc. Magazine for the past five years, and has contributed over 100 homes to-date as part of its Key for Key® giving program in partnership with Giveback Homes, which guarantees that for every property the company sells, a new home will be built for a family in need. For more information visit ConciergeAuctions.com.

Contact:

Chanelle Kasik
Chanelle@relevanceinternational.com
212-257-1500

Ben Caballero #1 Ranked Agent on 2018 ‘The Thousand’ List

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Arlington, TX – June 29, 2018 (PRNewswire) Ben Caballero, broker-owner of HomesUSA.com, is the #1 ranked real estate agent in the U.S. on the REAL Trends 2018 “The Thousand” list for Transactions Sides and Sales Volume, it was announced today, and Ben had this reaction:

Ben Caballero

Ben Caballero

Ben Caballero of Addison, Texas, real estate’s first Guinness World Record holder, had 4,799 home sales, totaling $1.906 billion in volume last year. That put him at the top of the REAL Trends 2018 “The Thousand” list for both Transactions Sides and Sales Volume, it was announced today.

“Technology continues to enable us to improve how homes are bought and sold. The REAL Trends’ rankings aren’t just a measure of unit sales and dollar volume. Rather, they’re a gauge as to who is innovating and thinking creatively. As service professionals, we aim for new heights as we improve the way we do business and respond to the evolving needs of our clients. I am pleased to be ranked alongside so many forward-thinking agents.” – Ben Caballero

In 2017, Ben had 4799 home sales, totaling $1.906 billion in volume, topping his previous record set in 2016 by a wide margin. (That year, he had 3556 home sales totaling $1.444 billion in volume.) Between 2004 and 2017, Ben had 25,248 home sales totaling $8.621 billion in volume.

About Ben Caballero and HomesUSA.com

Ben Caballero is the world’s most productive real estate agent, as recognized by Guinness World Records. Top-ranked in America by REAL Trends since 2013, as published in the Wall Street Journal, he is also the only agent to exceed $1 billion in residential sales transactions in a single year; a feat he has achieved in each of the last 3 years. An award-winning innovator, Caballero is the founder and CEO of HomesUSA.com®, Inc., working with more than 60 home builders in Dallas-Fort Worth, Houston, Austin and San Antonio. Learn more at HomesUSA.com | Twitter: @bcaballero – @HomesUSA | Facebook: /HomesUSAdotcom.

Note for journalists: You may contact Ben Caballero directly on his cell at (214) 616-9222 or by email at ben@homesusa.com.

Media Contact:

Kevin Hawkins
(206) 866-1220
kevin@wavgroup.com

Redfin Housing Demand Index Started 2018 With Its Highest January Reading on Record

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More Buyers Toured Homes Than a Year Earlier, but Fewer Made Offers

Seatle, WA – Feb. 27, 2018 (PRNewswire) (NASDAQ: RDFN) — The Redfin Housing Demand Index began the year strong at 130.5 in January, up 0.5 percent month over month according to Redfin (www.redfin.com), the next-generation real estate brokerage. The seasonally adjusted number of buyers requesting home tours remained unchanged from December to January, while the number making offers increased 1.2 percent. Compared with January 2017, the Demand Index was up 4.8 percent and the number of buyers requesting tours was up 13.7 percent. Meanwhile, the number of buyers making offers slid 9.7 percent year over year.

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The Demand Index is based on thousands of Redfin customers requesting home tours and writing offers. A level of 100 represents the historical average for the three-year period from January 2013 to December 2015.

“Inventory has been deteriorating for more than two years, yet 2018 started off with buyer demand stronger than in any previous January we’ve measured,” said Redfin chief economist Nela Richardson. “Along with inventory declines, buyers contended with rising mortgage rates, an overhaul of the tax code and a jumpy stock market. However, strong local labor markets helped keep buyers enthusiastic about homeownership despite headwinds.”

January offers and sales were heavily restrained by a 19.9 percent year-over-year decline in inventory, the largest since at least 2014, when we first began tracking the metric for the 15 markets included in the Demand Index. January marked the 32nd consecutive month of declining supply of homes.

Redfin agents report that the effects of the inventory shortage and strong demand are felt most acutely in affordable price ranges, with homes that do get listed selling within days and above asking price.

With mortgage rates and home prices expected to rise and nearly one in five homes already selling above list price in January, buyers contending for a diminishing supply of homes can expect a competitive season ahead.

To read the full report, including metro-level demand charts, please visit: https://www.redfin.com/blog/2018/02/january-18-demand-index.html.

About Redfin

Redfin (www.redfin.com) is the next-generation real estate brokerage, combining its own full-service agents with modern technology to redefine real estate in the consumer’s favor. Founded by software engineers, Redfin has the country’s #1 brokerage website and offers a host of online tools to consumers, including the Redfin Estimate, the automated home-value estimate with the industry’s lowest published error rate for listed homes. Homebuyers and sellers enjoy a full-service, technology-powered experience from Redfin real estate agents, while saving thousands in commissions. Redfin serves more than 80 major metro areas across the U.S. The company has closed more than $50 billion in home sales.