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Auction of The Bighorn Lodge in Jackson Hole, Wyoming Results in Jackson's Highest Reported Price This Year North of Gros Ventre Junction

JACKSON HOLE, Wyo., Dec. 12, 2011 /PRNewswire/ -- The Bighorn Lodge of Jackson Hole, a premier mountain residence surrounded on three sides by Grand Teton National Park, sold at auction Saturday, Concierge Auctions has announced. The auction was conducted in cooperation with listing agents The Spackmans and selling agents Victor and Judy Raymond, all of Jackson Hole Sotheby's International Realty. The sale will mark Jackson Hole's highest reported price this year north of Gros Ventre Junction and Concierge's fourth consecutive success in the greater Jackson Hole market.

"Jackson Hole's dramatic scenery, recreational lifestyle and tax climate benefits make it one of the most sought-after locations in the world for luxury property owners. These aspects render an ideal environment for our auction platform - one where buyers are excited to compete for the best ownership opportunities," stated Laura Brady, Vice President of Marketing for Concierge Auctions. "Our debut sale of the Rockin' S Ranch in 2009 marked the highest price ever achieved for a residence in Teton Valley, and our auctions of the Rubber Snake Ranch and the Teton Valley Ranch resulted in the highest price on record in Moran and the highest price in all of Jackson Hole in the prior year, respectively. The fact that we have now achieved record success with all four auctions we've conducted in the area, including two this year, is a testament to our team's ability to identify the most motivated sellers of the most premier properties, reach qualified buyers worldwide and translate interest into bidder competition. There's no denying the power of our platform."

Concierge's aggressive exposure campaign identified 136 buyer prospects and resulted in 11 bidders from CA, CO, FL, NE, NH, NY, UT and WY. The winning buyer was from New Hampshire. The auction website generated 6,270 visitors from all US states led by TX, CA, CO WY and NY and 40 international countries led by Canada, Australia, the United Kingdom, Japan and Germany.

"The Concierge team is about perfection," stated Bronko Terkovich, the builder and seller. "They exceeded my expectations in everything they did - from marketing and advertising to on-the-ground sales efforts. In only four weeks the Concierge process generated more interest than a traditional Realtor could in one or two years. I'm thankful for everyone's efforts and am excited to now be moving towards the closing table."

Considered by many to be the most beautiful log home in Jackson Hole and the entire Rocky Mountain region, Bighorn Lodge, located at 1240 East Nez Perce Road, was built with select "museum quality" specimen Western Cedar logs from British Columbia, Canada. The home boasts six porches and 10,000 square feet including five bedrooms, seven bathrooms, five Massive Montana Moss Rock fireplaces and a six-car garage. Located on 5.32 acres, the property is surrounded by Grand Teton National Park, so it feels as if it is a property of thousands of acres.

Concierge Auctions is currently accepting applications from luxury sellers nationwide with premier, storied properties. For more information about Concierge Auctions and its services call 888-966-4759 or visit www.ConciergeAuctions.com.

About Concierge Auctions: Concierge Auctions is the preeminent luxury real estate auction firm serving high-end sellers nationwide through an accelerated marketing process that obtains fair market value for high-end properties in a 60-day timeframe. As a preferred auction partner to Sotheby's International Realty® and other luxury brokerage firms nationwide, the company has executed auctions from New York to Hawaii and hosts a database that 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