(Photo via Platinum Luxury Auctions)
By InBusiness Phoenix
Luxury home seekers will have the chance to name their price to live in paradise on Saturday, January 15, 2022. On that date, a multimillion-dollar home in Paradise Valley, AZ will be offered and sold to the highest bidder regardless of the price as part of a live, luxury auction® sale. The owners of the Tatum Canyon residence retained Florida-based Platinum Luxury Auctions to manage the auction of the home, in concert with listing brokerage Corcoran Platinum Living in Scottsdale, AZ. Listing agent and brokerage owner Michelle Macklin is representing Corcoran in the transaction.
The two-story mansion first hit the market in May of 2021 at a price of $6 million before being gradually reduced to $4.5 million in November, then scheduled for auction. “As many homeowners have done recently, these sellers first tested the market at loftier pricing before more seriously committing to a sale, in this case by seeking the efficiency and date-certainty provided by the luxury auction® process,” stated David Ashcroft, a Managing Director at Platinum. “They’ve had a terrific time at the home but are looking forward to downsizing.”