NEWS

WIRES

OTHER

Concierge Auctions Produces Record Price for Premier Waikoloa Beach Resort Residence on Hawaii's Big Island

WAIKOLOA, Hawaii, Aug. 2, 2011 /PRNewswire/ -- A luxury property at Waikoloa Beach Resort - a custom beach residence with 150 feet of secluded beach front located at 69-1065 Kolea Kai Circle - sold successfully at auction and closed for $3,850,000, the highest sale in Waikoloa year-to-date and one of the Top 15 sales on the entire Big Island, Concierge Auctions announced. The sale was conducted in cooperation with agents Daryl Flem, RB and Johnny McElree, RS of Century 21 All Islands.

"I appreciate the efforts of both the Concierge Auctions and Century 21 All Islands teams for making this auction a success," stated Dr. Harry White, seller of the property. "The interest generated was phenomenal, and more prospects viewed the home in four weeks than in the entire two years prior. I am thankful to everyone involved and hopeful that the home will bring much happiness to its new owners."

Concierge Auctions' extensive global outreach produced an impressive 100+ showings and 15 bidders from Canada, California, Kansas, Minnesota and Hawaii. The precisely-controlled campaign of internet, print and direct marketing, combined with aggressive sales efforts, broker outreach, and public relations generated more than 4,600 visits to the auction website from all US states and 58 international countries (led by Canada, Japan, Germany and the United Kingdom). Ultimately, the buyer was from Vancouver, British Columbia.

Amenities of the 1,350-acre Waikoloa Beach Resort include ocean sports activities, a classic Robert Trent Jones Jr. golf course and a links-style course designed by Tom Weiskopf and Jay Morrish, preserved cultural sites, world-class hotels such as the Hilton Waikoloa Village and the Waikoloa Beach Marriott Resort and Spa, and the famed Kings Shops and Queens Marketplace. The resort is located approximately 25 miles north of Kona on the Big Island's sunny Kohala Coast.

Concierge Auctions is currently accepting applications from luxury sellers nationwide with premier, storied properties. The company's innovative auction platform offers a 60-90 day disposition solution from engagement to closing. For more information about Concierge Auctions and its services please call 888-966-4759 or visit ConciergeAuctions.com.

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 100,000 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, call 888-966-4759 or visit www.ConciergeAuctions.com.

SOURCE Concierge Auctions