Concierge Auctions
Concierge Auctions operates the world's largest luxury real estate auction marketplace, running time-certain auctions for ultra-high-net-worth buyers and sellers of trophy estates, condominiums, and specialty properties across 38 countries and 46 U.S. states, with majority ownership by Sotheby's and Compass.
- Company typePrivate
- Founded2008
- HeadquartersNew York, United States
- Headcount101–250
- GTM typeB2B and B2C
- OfferingServices
What Concierge Auctions does
Concierge Auctions operates the world's largest luxury real estate auction marketplace, conducting time-certain auctions (typically closing in 60 days or less) for ultra-high-net-worth buyers and sellers of trophy residential estates, ranches, vineyards, condominiums, and resort properties. The platform is anchored on conciergeauctions.com, an online bidding marketplace with mandatory member registration, KYC/AML and proof-of-funds verification, online bidding, and live-streamed gavel-down events at marquee venues including Sotheby's New York (Breuer Building), The Dominick SoHo, The Connaught London, and The Phoenician Scottsdale. The firm holds auctioneer and real estate brokerage licensure across 50+ U.S. jurisdictions via subsidiaries (Concierge International Real Estate, Inc.; Concierge Auction Realty Services LLC; Concierge Auctions CT, LLC; Concierge Auctions – OH, Inc.) and is majority-owned by Sotheby's and Compass (NYSE: COMP), operating independently under co-founder/CEO Chad Roffers. A separate Instant Gavel product extends the auction model to a broader online marketplace.
Revenue is generated through transaction-based fees — primarily buyer premiums (with up to 50% discount for early registration) and seller-side commissions — supplemented by professional services through dedicated auctioneer and brokerage licenses. The firm reports $670 million in 2025 property sales across 185 auctions, $4.88 billion in aggregate bids, and $5 billion+ in cumulative global sales across its ~20-year history, with active operations in 38 countries and 46 U.S. states. Distribution combines a self-serve online marketplace, in-house auction specialists managing seller relationships, and a heavy channel-partner network including Sotheby's International Realty, Compass, Coldwell Banker, Berkshire Hathaway HomeServices, Corcoran, Knight Frank, Engel & Völkers, Forbes Global Properties, RM Sotheby's, Leverage Global Partners, Who's Who in Luxury Real Estate, and Luxury Presence. Specialized divisions (Private Auction Platform launched October 2025 with The Corcoran Group; Developer Division for luxury condominiums launched 2025; Global Wine & Vineyard Division launched April 2026) extend the core auction model into adjacent verticals, while the proprietary database of ~1 billion contacts, ~11,000-member Private Client Group, and ~160,000-subscriber email list drive a stated 97% buyer closing rate on live sales.
Concierge Auctions firmographics
Firmographics- Name
- Concierge Auctions
- Legal name
- Concierge Auctions, LLC
- Website
- https://conciergeauctions.com
- Company type
- Private
- Founded year
- 2008
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Concierge Auctions operates the world's largest luxury real estate auction marketplace, running time-certain auctions for ultra-high-net-worth buyers and sellers of trophy estates, condominiums, and specialty properties across 38 countries and 46 U.S. states, with majority ownership by Sotheby's and Compass.
- Ownership category
- akta.pro rank
Concierge Auctions industry classification
Industry- Product category
- Luxury Real Estate Auction Services
- akta.pro primary industry
- Development Site & Entitlement/Planned Community Auctions (BPAJAEAI)
- akta.pro secondary industry
- Luxury & High-Value Property Auctions (BPAJAEAE)
Keywords
Where Concierge Auctions is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Concierge Auctions business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Marketing or Sales
Revenue model
- Auction Buyer Premium / Buyer Fee: Buyer-paid premium/buyer fee on properties sold at auction, with up to 50% discount for bidders who register and bid before the auction opens.
- Real Estate Brokerage Commissions: Concierge Auctions and its subsidiaries (Concierge International Real Estate, Inc., Concierge Auction Realty Services LLC, Concierge Auctions CT, LLC, Concierge Auctions - OH, Inc.) hold real estate brokerage licenses across 50 U.S. states/jurisdictions enabling commission-based brokerage activity on listed properties.
- Auctioneer / Auction House Fees: Fees earned via dedicated auction house and auctioneer licenses (e.g., Frank Trunzo as licensed auctioneer in multiple states; auctioneer licenses in California, Florida, Georgia, Indiana, Kentucky, Maine, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Virginia, Washington, West Virginia, Wisconsin).
- Private Auction Platform Fees: Premium fees for confidential, time-certain private auction engagements targeting ultra-luxury property sellers, launched in October 2025.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Standard buyer fee with early-bid discount tier |
| Transaction based/ take rate | Pay-as-you-go | Seller commission / engagement fee |
Go-to-market motion4 records
Distribution channels5 records
Marketing channels8 records
Concierge Auctions product offering
Product offeringCore offering
Concierge Auctions operates a global online marketplace that sells ultra-luxury residential real estate through a time-certain auction process, typically concluding in 60 days or less. Sellers (private owners, developers, agents) consign trophy properties; registered buyers from around the world bid online or live at marquee venues, with Concierge Auctions earning buyer premiums and real estate brokerage commissions on each completed sale. The company complements its core auction marketplace with sub-products such as Instant Gavel, a Private Auction Platform for confidential sales, a Developer Division for luxury condominium inventory, and a Global Wine & Vineyard Division for estate wineries.
Product overview
Concierge Auctions is a single integrated luxury real estate auction marketplace rather than a multi-module SaaS platform, anchored by its flagship Concierge Auctions core marketplace where high-end residential properties are sold through a time-certain auction process. Around this core, the company has layered several adjacent sub-products and divisions that share the same bidding infrastructure: Instant Gavel extends the auction model online; the Sale Series stages curated live gavel events (e.g., ModaMiami, 'America 250' NYC Sale); the Private Auction Platform adds a discreet off-market channel in collaboration with The Corcoran Group; the Developer Division serves luxury condominium developer inventory; the Global Wine & Vineyard Division specializes in winery and vineyard estates; and Sotheby's Concierge Auctions is the joint-branded offering combining the Sotheby's brand with the Concierge Auctions platform. All of these offerings are accessed through the unified conciergeauctions.com website and member login.
Differentiator
Problem solved
Functional benefit
Brands
- Instant Gavel: Separate online auction platform operated as a Concierge Auctions offering (linked from main site navigation and at instantgavel.com), led by Head of Instant Gavel Daniel Sparkman.
- Key For Key
Products and services
- Concierge Auctions Marketplace
- Instant Gavel
Quantifiable outcome
- $5 billion+ in historic global sales
- +6 more outcomes
Companies that use Concierge Auctions
Customer profileNamed customers12 records
Segments6 records
Ideal customer profiles5 records
Concierge Auctions technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
Feature6 records
Concierge Auctions partnerships and signals
Strategic signalPartnerships
16 partnerships are on record, tiered flagship, core and minor.
- RM Sotheby'sflagshipStrategic co-event partner for ModaMiami and related live auctions; luxury real estate properties gavel live on the RM Sotheby's stage alongside collector car auctions. Drives cross-promotion between luxury real estate buyers and classic/collector car enthusiasts.
- Forbes Global PropertiescoreStrategic partnership announced as part of 2025 expansion; Forbes Global Properties members (including LPR Luxury in Mexico) co-list luxury properties on Concierge Auctions. Properties promoted across both networks to global UHNW buyer pools.
- Luxury PresencecoreMarketing technology partner announced in 2025; supports digital marketing infrastructure and property website/presentation layer for Concierge Auctions listings.
- Sotheby's International RealtyflagshipExclusive / preferred auction partner; agents at Sotheby's International Realty affiliates (e.g., Kuper Sotheby's International Realty, Kurfiss Sotheby's International Realty, William Pitt Sotheby's International Realty, Côte d'Azur Sotheby's International Realty, Russ Lyon Sotheby's International Realty) list and co-broker Concierge Auctions listings.
- THIRDHOMEcoreCorporate alliance partner; relationship exposes Concierge Auctions to THIRDHOME's luxury property and travel/exchange membership base.
- Leverage Global PartnerscoreExclusive / preferred auction provider relationship; Leverage Global Partners affiliates list luxury properties via Concierge Auctions.
- Who's Who in Luxury Real EstatecoreExclusive / preferred auction provider relationship; Who's Who in Luxury Real Estate member brokerages list properties onto Concierge Auctions.
- Engel and VolkerscoreExclusive / preferred auction provider relationship; Engel & Volkers advisors list luxury properties onto Concierge Auctions.
- The Corcoran GroupcoreLaunch partner for Concierge Auctions' Private Auction platform in October 2025, debuting with a Hamptons estate. Enables discreet, off-market sale of ultra-luxury properties with guaranteed timelines.
- Berkshire Hathaway HomeServicesminorCooperating brokerage relationship; Sam Haack of Berkshire Hathaway HomeServices listed the Swan Valley, Idaho mountain retreat at auction in January 2026.
- Kuper Sotheby's International RealtyminorCooperating brokerage that co-listed 'Oxbow Overlook' Texas Hill Country estate ($2.95M starting bid) for February 2026 ModaMiami auction.
- LPR LuxuryminorMexico-listing partner; co-listed Villa 14 at One&Only Mandarina, Riviera Nayarit with Concierge Auctions and Forbes Global Properties in March 2026.
- Royal Luxe PropertiesminorCooperating brokerage in Dubai; co-listed the Palazzo Versace Dubai Creek residences auction in October–November 2025 — Concierge Auctions' first Dubai transaction.
- American Cancer SocietyminorCharity partner; proceeds from the December 2025 auction of 'The Estate at River's Edge' in Potomac, MD (guide price $24.9M) support American Cancer Society initiatives.
- Giveback HomescoreSocial-impact partner for the Key For Key® giving program; for every home Concierge Auctions sells, Giveback Homes helps fund a home to be built for a family in need. 36 homes were built in El Salvador in 2025.
- BerlinRosencoreLeading U.S. PR firm and agency of record for Concierge Auctions live sales; handles media inquiries for marquee events such as the 'America 250' Sale in New York City.
Scale indicators16 records
Recent moves10 records
Expansion highlights6 records
Concierge Auctions competitors and assessment
Company assessmentDirect peers
- Engel & Völkers: Global luxury residential brokerage with strong European and resort-market presence; a 'preferred auction provider' channel partner and a parallel seller of high-end properties via traditional brokerage.
- Christie's International Real Estate: Global luxury real estate network with auction heritage via Christie's; comparable ultra-luxury seller audience and cross-border buyer reach, particularly for trophy residential estates.
- Forbes Global Properties: Invitation-only luxury real estate network serving UHNW sellers with global marketing reach; both a strategic partner and a competing luxury listing platform for trophy estates.
- The Corcoran Group: Luxury-focused residential brokerage; strategic launch partner on Concierge Auctions' Private Auction Platform and a competing channel for high-end listings in coastal U.S. markets.
- Platinum Luxury Auctions: Direct competitor in the luxury real estate auction space, specializing in time-certain no-reserve auctions of multi-million dollar estates — overlaps with Concierge Auctions' core product offering.
- Knight Frank: Major international luxury residential brokerage with a private office and significant auction-adjacent activity; one of Concierge Auctions' channel partners but also a competitor for trophy listings globally.
Broad incumbents
- Sotheby's International Realty: The affiliated luxury brokerage network that is both a partial parent and the largest listing channel for Concierge Auctions. Direct overlap in ultra-luxury property marketing and global UHNW buyer reach.
- Luxury Portfolio International: Global luxury real estate marketing network of high-end independent brokerages; competes for UHNW seller mind share and offers comparable international exposure to luxury listings.
Emerging players
- Bonhams: International auction house with luxury goods heritage that periodically auctions high-value real estate; overlaps with Concierge Auctions in collector-driven marketing and event-based luxury auctions.
- Hindman (formerly Leslie Hindman Auctioneers): Multi-category auction house expanding into luxury real estate; competes for time-certain luxury sales with established auction infrastructure and bidder base.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks7 records
Key highlights7 records
Customer concentration
Concierge Auctions social profiles
Digital presenceConcierge Auctions compliance and trust
Trust signalCompliance1 record
Concierge Auctions financial estimates
Financial estimateRevenue estimate
Valuation estimate
Concierge Auctions leadership team
Management profileNumber of profiles
Profiles7 records
Concierge Auctions subsidiaries and ownership
Company hierarchySubsidiaries4 records
Concierge Auctions funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Concierge Auctions M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Concierge Auctions
What does Concierge Auctions do?
Concierge Auctions operates a global online marketplace that sells ultra-luxury residential real estate through a time-certain auction process, typically concluding in 60 days or less. Sellers (private owners, developers, agents) consign trophy properties; registered buyers from around the world bid online or live at marquee venues, with Concierge Auctions earning buyer premiums and real estate brokerage commissions on each completed sale. The company complements its core auction marketplace with sub-products such as Instant Gavel, a Private Auction Platform for confidential sales, a Developer Division for luxury condominium inventory, and a Global Wine & Vineyard Division for estate wineries.
Is Concierge Auctions a public or private company?
Concierge Auctions is a private company. It is classified as corporate owned and is currently operating.
When was Concierge Auctions founded?
Concierge Auctions was founded in 2008. It employs 101 to 250 people.
Where is Concierge Auctions based?
Concierge Auctions is headquartered in New York, United States, in the North America region.
How does Concierge Auctions make money?
Four revenue lines are on record. Auction Buyer Premium / Buyer Fee is the primary driver. The others are real Estate Brokerage Commissions, auctioneer / Auction House Fees and private Auction Platform Fees.
Who are Concierge Auctions's main competitors?
Direct peers on record are Engel & Völkers, Christie's International Real Estate, Forbes Global Properties, The Corcoran Group, Platinum Luxury Auctions and Knight Frank. Broad incumbents are Sotheby's International Realty and Luxury Portfolio International. Emerging players are Bonhams and Hindman (formerly Leslie Hindman Auctioneers).
Does Concierge Auctions have an API?
No public API is recorded for Concierge Auctions.
What industry is Concierge Auctions in?
Concierge Auctions's product category is Luxury Real Estate Auction Services. Its primary akta.pro industry code is BPAJAEAI, Development Site & Entitlement/Planned Community Auctions, with a secondary code of BPAJAEAE, Luxury & High-Value Property Auctions.