Platinum Luxury Auctions Sparks a Nationwide Trend for Buying and Selling Equestrian Properties
With their fast-paced show schedules and jam-packed social calendars, many equestrians have little time to worry about the latest trends in buying and selling property, which can pose problems when it comes to having to make quick decisions about re-locating or upgrading their facilities to accommodate their horses. This has sparked a new trend in equestrian real estate sales: quick and effective “luxury auctions”. This option offers affluent sellers a date-certain sale verses the typical real estate listing and the lengthy sales process filled with market uncertainties. Meanwhile buyers often discover the opportunity to purchase their dream farm at a lower than market price. Florida based Platinum Luxury Auctions, a company well know for auctioning ultra luxury properties valued in excess of $1 million discovered that the equestrian community is a perfect fit for their services. The company’s recently successful sale of the gorgeous Two Swans Farm in Wellington, Florida has unleashed a new trend of selling horse farms at auction that is quickly spreading across the country. On Saturday, June 8th, Platinum will be holding an auction on an amazing Rimrock Acres estate. This fabulous multi-purposed equestrian estate is situated on more than 4 manicured acres within a short drive to both the Pacific coastline and downtown Los Angeles. This luxurious property offers endless views of the Santa Monica Mountains and features a two-story main residence, a two-tiered outdoor living area with a large pool, Jacuzzi and summer kitchen, a tennis court and separate guesthouse with adjacent horse barn, garage and pipe fencing. The excitement is already building for auction day, and property previews begin May 15th and will be held daily until auction. This property was previously offered for $7.25 million, and is now selling to the highest bidder at or above $2.5 million. On the east coast in Jupiter, Florida Platinum will be auctioning an amazing 20-acre modern ranch estate in the Ranch Colony equestrian community. The Florida auction date is Friday, May 24, 2013. This property was previously offered for $6 million, and is now selling to the highest bidder at or above $1 million. The luxury auction option for equestrian properties offers unique advantages for sellers and buyers and the expectation is for an increase in this trend over the next few years. For more information about either of the properties featured in this article or for details on luxury auctions in general, please visit www.platinumluxuryauctions.com.