{"id":10311,"date":"2020-12-22T11:41:29","date_gmt":"2020-12-22T18:41:29","guid":{"rendered":"https:\/\/www.arizonafoothillsmagazine.com\/in-house\/?p=10311"},"modified":"2020-12-22T11:43:16","modified_gmt":"2020-12-22T18:43:16","slug":"frank-aazamis-featured-listingthis-is-auction-season-for-collectible-cars-and-luxury-homes-in-the-valley","status":"publish","type":"post","link":"https:\/\/www.arizonafoothillsmagazine.com\/in-house\/in-house-news\/frank-aazamis-featured-listingthis-is-auction-season-for-collectible-cars-and-luxury-homes-in-the-valley","title":{"rendered":"Frank Aazami\u2019s Featured Listing<\/em><\/strong>
This is Auction Season for Collectible Cars and Luxury Homes in the Valley"},"content":{"rendered":"\n

By David M. Brown<\/em><\/strong><\/p>\n\n\n\n

Buyers and sellers throughout the world participate every year in the January home and car auctions in Arizona.<\/strong><\/p>\n\n\n\n

Has the market not performed well enough for you? Do you want to sell or buy a Valley luxury home quickly and at an outstanding price? And, would you like to accomplish this at an accelerated time? All without the waiting associated with traditional MLS transactions and the health and safety issues coupled by COVID-19? <\/p>\n\n\n\n

Throughout March 2021, as the Phoenix\/Scottsdale area hosts a number of its annual car auctions, you can buy or sell a luxury home with Scottsdale\u2019s Russ Lyon | Sotheby\u2019s International Realty in conjunction with Concierge Auctions, New York City and Austin. This year\u2019s live car auctions in January are RM Sotheby\u2019s, at the OTTO Car Club, and Bonhams, which returns to the Westin Kierland. Barrett-Jackson is scheduled for March at WestWorld.<\/p>\n\n\n\n

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Sotheby’s. Courtesy Russ Lyon Sotheby’s International Realty<\/em><\/figcaption><\/figure>\n\n\n\n

\u201cAuctions of properties are akin to the world\u2019s finest art, antiquities, and cars, so there is natural synergy,\u201d says Laura Brady, CEO of Concierge Auctions, the world\u2019s largest luxury real estate marketplace, with an 80-percent-plus share of luxury auction sales \u2014 more than its top five competitors combined.<\/p>\n\n\n\n

This is prime time. \u201cNot only do we see more Arizona home sales in the first quarter of each year coinciding with these other events, with buyers ready to bid and who understand the luxury-auction process,\u201d she adds, \u201cbut January is also the market\u2019s prime selling season for high-end real estate nationwide.\u201d<\/p>\n\n\n\n

Buy or Sell a Win\/Win<\/strong><\/span><\/h4>\n\n\n\n
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Traditionally, home-sellers and -buyers have a few options. For one, they can sell individually without third-party assistance; this may lower their costs but increase the effort, often also sacrificing professional expertise and efficiency. In doing so, they can cost themselves money, time and stress.<\/p>\n\n\n\n

Or they can engage an agent\u2019s or company\u2019s services to find homes within specific parameters, including those in the millions of dollars. For almost two decades, the knowledgeable, experienced agents at Frank Aazami\u2019s Private Client Group at Russ Lyon Sotheby\u2019s International Realty (RLSIR) in Scottsdale have provided the highest quality of services. The parent RLSIR has been serving the Valley since 1947, when Russ Lyons opened the company in Scottsdale.<\/p>\n\n\n\n

A third option: Connect with a firm such as Concierge Auctions, which, partnering with Aazami and Russ Lyon Sotheby\u2019s, provides its extremely effective auction format, offering homes to satisfy the many needs of buyers and sellers.<\/p>\n\n\n\n

\u201cThrough auction, sellers gain unmatched exponential reach, speed and certainty,\u201d Brady says. \u201cConcierge Auctions maintains the most comprehensive database of high-net-worth property connoisseurs on the planet. We match sellers of one-of-a-kind properties with the world\u2019s most capable buyers via our state-of-the-art digital marketing, property preview and bidding platform.\u201d<\/p>\n\n\n\n

She adds that the company has logged activity in 29 countries with more than $100 billion in bids processed in its 16-year history. But not every property is selected. \u201cOn average, we accept one of every 20 inquiries that come our way,\u201d says Brady, formerly in corporate retail at Neiman Marcus. She teamed with company Chairman Chad Roffers, a Silicon Valley executive, to begin the company in 2004.<\/p>\n\n\n\n

Seller, buyer and agent all win, explains Aazami, RLSIR Brand Ambassador. For one, \u201cThe seller has the certainty that the home will sell on auction day, saving time and avoiding walk-throughs and open house showings,\u201d he says. \u201cJust contact us to discuss adding your listing to this year\u2019s docket or if you are interested in a specific property\u201d (see the tag at the end of the article).<\/p>\n\n\n\n

In addition, multiple buyers are pre-qualified to participate: \u201cThey are willing and able to bid,\u201d he explains. What\u2019s more, due diligences and inspections on the docketed properties are also completed beforehand.<\/p>\n\n\n\n

\u201cAll \u2018what-ifs\u2019 are removed, including long-standing carrying costs,\u201d Aazami says. \u201cIf time is particularly important, and sellers want to \u2018cash out\u2019 while the market is most vibrant, this process becomes valuable and productive.\u201d<\/p>\n\n\n\n

So, too, buyers can take advantage of pre-auction buyer incentives, he says. \u201cThey can stop bidding at any time and they may find themselves bidding against \u2018low-esteem\u2019 competing participants.\u201d As a result, they may end with a great buy through an easy phone or web-based bid process.<\/p>\n\n\n\n

Those in need benefit, too. \u201cOur Key For Key\u00ae giving model also guarantees for every home we sell, we build a home for a family in need,\u201d Brady says. \u201cWe believe in the empowerment and financial stability that comes with home ownership and its impact for generations.\u201d<\/p>\n\n\n\n

\u201cNow is the best time to consult and consider the auction option,\u201d Aazami says. \u201cSellers are enjoying the current high-value market in the Valley, and buyers have an opportunity to acquire a great property at less than what they anticipated.\u201d<\/p>\n\n\n\n

Russ Lyon Sotheby\u2019s  + Concierge Auctions = Successful Buys and Sales<\/strong><\/span><\/h4>\n\n\n\n
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10199 East Cavedale Drive, Scottsdale. Photo courtesy Concierge Auctions<\/em><\/figcaption><\/figure>\n\n\n\n

Just recently, a multi-million-dollar RLSIR-brokered home sold at a higher price through auction, and within days \u2013\u2013 \u201cnot months and years\u201d Aazami says \u2013\u2013 the same home sold for less in a better open market. <\/strong><\/p>\n\n\n\n

Concierge Auctions has posted a number of other Valley successes in past years:<\/p>\n\n\n\n