INTRODUCTORY COMMISSION PROGRAM Clients can now auction their premier real estate in the same way they auction other fine assets with Sotheby’s Introductory Commissions offered for seller referrals.
Overview:
Best Suited Properties for Auction:
+ Global Presence: 46 US States & 36 Countries + Timeline: 60-Days from Engagement to Closing + Introductory Commission: 1% of Gavel Price + Ex 1: $5M Gavel Price = $50K Commission + Ex 2: $10M Gavel Price = $100K Commission
+ Value: $2.5M–$100M+ + Type: Premier, one-of-a-kind properties + Market: Strong, multiple offers expected + Listing Period: Never listed or DOM=6+ months + Familiarity: Seller familiar with auctions