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Florida Auction Generates Millions.
Sarasota, FL -- Auction sales appear to have become a popular venue in the sale of luxury homes adding to the types of property available in this marketplace. It is part of what is seen as a growing real estate sales trend nationwide.
Up to $18.6 million worth of high-end housing changed owners over three hours of "frenetic bidding" under a huge tent on the Ritz-Carlton Hotel grounds here, auctioneers said. The sale "exceeded expectations," said Chad Roffers, president of Sky Sotheby's International Realty and one of the auctioneers at the sale.
In his view, "It demonstrated that in this type of market the auction is an effective way to sell luxury properties."
"We've been saying for a while that buyers and sellers were in a standoff, with buyers reluctant to commit at prevailing asking prices," Mr. Rofers said in a company release.
"What you saw today is a redefining of the market through an open-bidding process and that will be an effective guide for all of us as we move forward. The market's response was extraordinary. We're extremely pleased with the outcome."
The highest bid went to a mansion in ...
- J.P. King, SKY Sotheby's International Realty Team up to Auction Luxury Homes.
- Press release article from: Business Wire February 28, 2007 700+ words
...brokerage leader SKY Sotheby's International Realty have announced an...Roffers, who founded SKY Sotheby's International Realty in 2004 with Brandyn...condominiums in Tampa Bay. SKY Sotheby's International Realty is Sarasota's...
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- Magazine article from: Sarasota Magazine March 1, 2005 700+ words
SKY Sotheby's International Realty has raised the bar in residential...for success. Sotheby's International Realty, the leading luxury residential...marketing and expertise. SKY Sotheby's International Realty 1237 N. Gulfstream Ave...
- J.P. King, SKY Sotheby's International Realty Set May 18 for Auction of Homes,...
- Press release article from: Business Wire April 5, 2007 700+ words
...Fla. -- J.P. King Auction Company and SKY Sotheby's International Realty will auction four luxury homes, a Tidy Island...resolves itself, said Chad Roffers, president of SKY-Sotheby's. "The auction will find the prices at...
- Sky Sotheby's takes on Minneapolis market; The Sarasota real estate company is...
- Newspaper article from: Sarasota Herald Tribune September 14, 2006 700+ words
...of the founding Sky Sotheby's management...successful long shots, Sky Sotheby's International Realty has acquired franchise...experience like Sky Sotheby's offers...for Sotheby's International Realty, and because...
- SKY Sotheby's attracts four new agent teams.(BUSINESS WEEKLY)(Charlotte...
- Newspaper article from: Sarasota Herald Tribune March 13, 2006 700+ words
...estate brokerage sector. SKY Sotheby's International Realty said that four high-profile...to join our team," says SKY Sotheby's President Chad Roffers...agents of this caliber join SKY Sotheby's," said Brandyn Herbold...
- Wagner Realty, SKY Sotheby's open new offices.
- News wire article from: Bradenton Herald (Bradenton, FL) March 30, 2007 700+ words
...company currently expanding. This week, SKY Sotheby's International Realty opened its first office east of Interstate 75. SKY Sotheby's International Realty's office is the 13th real estate office...
- Sky Sotheby's is bright spot in first quarter; It doubled sales from 2005 and...
- Newspaper article from: Sarasota Herald Tribune May 8, 2006 700+ words
...and Jeff Granston with Sky Sotheby's Realtors are selling...Chandler joined competitor Sky Sotheby's International Realty a few weeks ago. Leaving...Brandyn and the entire Sky Sotheby's International Realty team have quickly built...
- SKY Sotheby to open Longboat Key office.
- News wire article from: Bradenton Herald (Bradenton, FL) November 2, 2006 700+ words
Nov. 2--SKY Sotheby's International Realty opened its second local branch...Hannerle Moore, who joined SKY Sotheby's in October after more than...Lakewood Ranch office will open. SKY Sotheby's headquarters in downtown...
- Sky Sotheby's nabs top real estate agent; The Prudential Palms agent says her...
- Newspaper article from: Sarasota Herald Tribune December 5, 2006 700+ words
...from Sarasota's Prudential Palms Realty to Sky Sotheby's International Realty. The move by Loeffler, one of the region...agent, who is jumping from Prudential Palms to Sky Sotheby's International, has made a splash in local...
- Sky Sotheby's is the first to secure space in planned Proscenium tower Real...
- Newspaper article from: Sarasota Herald Tribune August 6, 2008 700+ words
...Class A office owner," Gary Moyer, one of the Proscenium's developers, said in a statement. "Sky Sotheby's International Realty is representative of the companies that will join us at the Proscenium, prestigious and successful...
Source: HighBeam Research, Florida Auction Generates Millions.