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It was conceptualized to hold auctions for high-priced real estate between a seller and a group of buyers. Local real estate agents receive 5-6 percent sales commission and Concierge Auctions charges 12 percent to buyers. Auctions range from $2 million to $100 million, but have an average of about $4 million. [10]
Christie's International Real Estate is an international network of independently owned luxury real estate firms with more than 400 offices and approximately 10,000 real estate agents in nearly 50 countries and territories around the world. The brand is separately owned but strategically partnered with Christie’s, the fine art auction house.
Cookeville is the county seat and largest city of Putnam County, Tennessee, United States.As of the 2020 United States census, its population was reported to be 34,842. [10]
Phillips, formerly known as Phillips the Auctioneers and briefly as Phillips de Pury, is a British auction house. It was founded in London in 1796, and has head offices in London and in New York City. [4] In 2022 it was owned by the Mercury Group, a Russian luxury goods company. [5]
Christie's American branch at Rockefeller Center in New York. Christie's is a British auction house founded in 1766 by James Christie.Its main premises are on King Street, St James's in London, and it has additional salerooms in New York, Paris, Hong Kong, Milan, Amsterdam, Geneva, Shanghai, and Dubai. [3]
Sellers are required to submit an Auction Estimate Form, providing thorough information and a photograph of the item. Once accepted for auction, the seller and Sotheby's sign a contract, which sets out the reserve price and the seller's commission. [77] If bidding on a seller's lot does not reach the reserve price, the item is not sold.