Christie’s Great Estates sells the world’s most expensive private residence and also sets the record for a home in the United States this year.

Christie’s Great Estates hosted this year’s premiere luxury real estate conference in Boston, from 14th to 16th October 2009, for owners and senior management. International executives gathered in Boston to converse about housing market data, social media trends, industry best practices, and much more.

Comprising 143 affiliates, Christie’s represents 900 luxury real estate offices in 42 different countries. Conference attendees shared statistics from their local markets, contributing to a truly global perspective on luxury real estate. After three days of presentations and discussions, brokers from across the globe came to a consensus that the luxury market is experiencing promising activity.

Luxury buyers are by no means dormant. Earlier this year, the Yves Saint Laurent and Pierre Berge auction house sale in Paris featured the largest collection of art and artifacts in our lifetime, bringing in over $400,000,000 in revenue. Christie’s affiliate Sibarth Real Estate made the world’s largest home sale, a St. Barth’s property that sold for $80,000,000 to a Russian oligarch. And another Christie’s affiliate – Joshua & Co. – made the largest U.S. sale: a $43,000,000 estate in Aspen, Colorado. Apparently not everyone is suffering from the economic squeeze.

Ole Jespersen, owner of IRG International Realty Group (exclusive affiliate of Christie’s Great Estates in Portugal), participated in the Boston conference. He commented: “The results and figures shown are great in these times. This shows the strength of the top end individual brokers’ ability to link extremely expensive product to the very few clients around the globe based on our relationship with Christie’s. Remember, we are not franchise holders – we are owner brokers with a real connection with the world’s largest auction house – and it creates results!”
At the conference, Ole Jespersen gave a speech to the 150 participants from around the world about “Social Media in Marketing”.

Despite economic setbacks, Christie’s Great Estates is taking significant steps forward. Two additional headquarters of global referral offices are soon to open in New York and London, and Neil Palmer – the network’s newly appointed CEO – has concrete plans to launch a fresh website, update the magazine’s distribution, and expand Christie’s global presence in Asia and throughout the world.

For more information on international luxury markets, visit IRG International Realty Group’s website or contact us for more information on +351 210 305 022


~ by irgportugal on October 26, 2009.

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