FRANKLY SPEAKING CONCIERGE AUCTIONS, SOTHEBY’S, AND REALOGY BUILD A HIGH-PERFORMANCE VEHICLE FOR LUXURY HOME AUCTIONSE

In November 2021, Concierge Auctions announced that it was jointly acquired by Sotheby’s and Realogy Holdings Corp., collectively holding 80 percent ownership, and that it will continue to operate independently and work with listing and buyer agents of all brokerages worldwide.

Concierge Auctions is the world’s largest luxury real estate auction marketplace with a global team. For the last six years, Inc. 5000 has listed it as one of the fastest-growing companies; the firm has broken world records and auctioned properties in 30 countries and 46 U.S. states. It owns one of the most comprehensive and intelligent databases of high-net-worth real estate buyers and sellers in the industry as well as a state-of-the-art digital marketing, property preview and bidding platform.

Sotheby’s is