Concierge Auctions Report Tulip Hill Estate Auction Sucess

. April 14, 2010

Concierge Auctions (www.conciergeauctions.com), today announced the sale at auction of historic Tulip Hill in Harwood, Maryland on April 10. One of the finest Pre-Revolutionary War estates in the nation, the property sold above its listing price of $2.375 million, announced George Graham, CEO of Concierge Auctions.

“We were pleased to conduct the auction of Tulip Hill, as it is a beautiful estate that represents a significant piece of American history,” Graham stated. “Our process identified an impressive number of bidders who appreciated the pedigree of the property and highlighted the fact that only through the competition generated by a ‘white-glove’ auction platform can the true value of an incomparable property be identified.”

The efforts of the Concierge Auctions team and its partners resulted in more than 500 visitors to the estate, over 100 interested buyer prospects, and 17 registered bidders from Dubai, England and six U.S. states. The auction website (www.TulipHillAuction.com) received 4,998 visitors from 44 countries and all U.S. states.

“I was extremely pleased to work with the Concierge Auctions team. They were consummate professionals, and other sellers of high-end properties should seriously consider the company’s unique auction platform,” stated Gary Gestson of Long & Foster Real Estate, the participating listing agent for the auction. “People think auctions are just for distressed sellers. By the successful sale of Tulip Hill, Concierge Auctions demonstrated its process is geared to maximizing value for the most exclusive properties.”

Tulip Hill is considered one of the finest Pre-Revolutionary War historic estates in the United States. The grand Georgian plantation house was built around 1756 by the Quaker merchant-planter Samuel Galloway. Frequent visitors included George Washington and Robert E. Lee. The home has been beautifully preserved and restored on more than 52 acres that includes an expansive terraced garden, water frontage and a pier on the West River.

“We were impressed by Concierge Auctions’ unique understanding of the significance of Tulip Hill and by its effective communication of the property’s historical attributes to the marketplace,” stated Jack Biddle, the cover (second highest) bidder at the auction. “We became aware of the auction through the company’s widespread yet precisely-controlled outreach efforts, which positioned the property on a platform similar to a one-of-a-kind antique or art masterpiece. Although we were outbid, we appreciated the amount of identified buyers who through Concierge’s efforts were educated on the quality of the opportunity, and we were impressed by the ultimate outcome for the seller. We will definitely be watching Concierge Auctions’ upcoming auctions with great anticipation.”

About Concierge Auctions: Concierge Auctions is the preeminent luxury real estate auction firm serving high-end sellers nationwide. A leading provider of services for individual and institutional owners of luxury residential real estate, Concierge Auctions is revolutionizing the industry by offering an accelerated marketing process that obtains fair market value for high-end properties in a determined time frame. Building on a centuries-old method for selling the finest art and antiquities, the company combines the latest technologies and marketing programs with experienced personnel to generate the maximum value for the most premier properties in an open, competitive forum. As a preferred auction provider to Sotheby’s International Realty® and other luxury brokerage firms, the company has executed auctions throughout the country, from New York to Hawaii. The company’s database includes more than 10,000 luxury real estate buyers and agents from all 50 states and 38 countries and territories. The principals of Concierge Auctions have been involved in the transfer of more than $2 billion in luxury real estate sales over the past 10 years. For more information on Concierge Auctions and its services, call 888-966-4759 or visit www.ConciergeAuctions.com

Category: Property

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