RSF Auction

Written by Jim the Realtor

October 5, 2014

Check out this high-end auction format with no reserve – the auction company is nationwide too:


Effortless Rancho Santa Fe Living — from Concierge Auctions

4 Comments

  1. Susie

    Gorgeous home, Jim, but why is it going to auction and with no reserve? I guess I don’t understand it…

  2. Jiji

    The owners will probably be bidding as well, But hey I will give it shot, maybe no one will show up at the auction LOL.

  3. Jim the Realtor

    why is it going to auction and with no reserve?

    They are trying to build an platform and brand to ease the discomfort sellers have with the format – especially the ‘no reserve’.

    Art and high-end cars are sold by auction, and it is the best format by far for selling a property on a certain day.

    Home sellers’ egos are plagued with the idea that it might sell for more later, and holding out for the two in the bush is an American pastime.

    Auctions are used all the time in Australia, and it is inevitable that they will become popular here – once the bank-owned stigma is dis-engaged.

  4. tj & the bear

    I’ll second Susie — gorgeous! Jim, any guesstimate on what it’ll bring?

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Jim Klinge
Klinge Realty Group

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