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Auction

Auction

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A NEW WAY TO SELL

Buy and Sell Property Through Auction

At 2CRRE, we continually pursue innovative, market-leading strategies to elevate how we deliver value to our buyers and sellers. In fact, our firm has been a driving force behind the introduction of luxury property auctions in Costa Rica through our partnership with Concierge Auctions.

Auctions are not the go-to solution for most property sellers but can be a tremendous tool for the right properties and families looking to define a sales cycle in a market where average sales cycles are often measured in months and years vs. days and weeks. An auction in Costa Rica isn't a sign of distress; it's simply another way to buy a curated, high-value property through a transparent process.

The collaboration between Concierge Auctions and 2Costa Rica Real Estate has yielded several high-profile sales, establishing a robust bridge between the local luxury market and a premier global clientele. Our alliance combines global marketing reach with the specialized local portfolio and our on-the-ground expertise in the many nuances this market carries. Together, we have achieved numerous successful closings by leveraging data-driven platforms and boots-on-the-ground market insights.

Our auction partners provide our team with a powerful and unique tool. One that offers sellers looking to accelerate a sales process and assure the best price the market will bear at a specific point in time. With more successful auctions completed than any other real estate firm in Costa Rica, our team can help qualifying properties and sellers understand this unique opportunity.

— Scott Cutter, 2CRRE Managing Broker

  • Selection: Identifying if a specific property is appropriate for an auction process in regard to its pricing, location, appeal to the auction market, and clear expectations for an auction is a critical first step.
  • Advertising: A robust marketing plan is implemented with a defined timeline to promote the property, incentivize pre-bidding, and create the basis for the live auction.
  • Registration: Qualified bidders submit proof of funds and a deposit before gaining bidding access and register the initial bids privately.
  • Formal Auction Aperture: Sellers review the prebids and make a final decision to open the auction and finalize the process, or, if there are no bids or they are unwilling to sell at initial bid levels, remove the property from auction and all prebidders get their deposits.
  • Live Bidding: Once the auction is opened, the live bidding takes place online on the Concierge Auction platform, over a predetermined window of time, typically two weeks, in a transparent, real-time environment with no reserve price.
  • Winning Bid: The highest bid at close wins the property, and the sale is contingency-free from that point forward.
  • Closing: Follows within approximately 30 days of the winning bid, coordinated between the buyer's and seller's legal representatives.

Auctioning your property is a strategic extension of the 2CRRE sales approach. In the luxury segment, where the buyer pool is limited and liquidity is slow even in strong markets, the conventional model can stall.

A luxury auction brings the market directly to your doorstep with a defined sale date, global exposure, and motivated bidders competing in real time to secure your property.

You stay in control, and we manage the entire process end-to-end.

  • A Defined Sale Date: A pre-set sales timeline eliminates uncertainty and long listing periods, with a fixed date of sale.
  • Global Buyer Exposure: Your property is marketed to an international network of motivated, high-net-worth buyers actively seeking luxury real estate in Costa Rica.
  • Competition That Drives Value: Auctions enable bidding competition, ensuring bidders submit their highest and best offers.
  • Cash-Ready Buyers: All bidders are vetted and prepared to close quickly, with a predictable sale date, reducing delays and eliminating the risk of deals falling apart during the due diligence process.

For over a decade, 2Costa Rica Real Estate has successfully partnered with Concierge Auctions, the world's leading luxury real estate auction house. A history of successful and continuous Costa Rica real estate auction transactions marks this long-standing collaboration.

Our partner, Concierge Auctions, accepts only the top 5% of properties submitted to their platform; that’s how selective the quality threshold is. Their database of 850,000+ qualified high-net-worth buyers is the largest in the world, and combined with our role as your listing agent and a Concierge Diamond Agent partner in Costa Rica, your property is placed in front of the highest-quality global demand available anywhere.

Participating in a luxury real estate auction gives you direct access to exclusive properties in Costa Rica and worldwide. To ensure simplicity and confidence for bidders, each listing comes with a pre-prepared due diligence package that includes disclosures, inspections, surveys, architectural documents, photography, and video. Determine the price that works best for you. This is an opportunity for buyers to offer what they are willing to pay.

The registration procedure is simple: provide proof of funds and a bidder deposit, study the auction conditions, and then, if approved, use Concierge Auctions' secure online platform to track activity, book private showings, and bid from anywhere in the world.

  • Access to premium, often off-market properties
  • A committed seller, who is willing to sell to the highest bidder, regardless of price, ensures a successful sale through a well-structured auction process.
  • Transparent bidding with equal opportunity for all participants
  • Due diligence packets provided in advance
  • A defined closing timeline for planning and certainty

Once the auction begins, you enter an open, competitive marketplace where all qualified buyers have equal opportunity. Real-time bidding ensures transparency and fairness, and automated extensions prevent last-second losses. The successful bidder closes on an as-is, contingency-free basis, typically within one to four weeks after signing. It's fast, secure, and designed for serious buyers valuing effectiveness, openness, and direct access to premium real estate.

Our Stats

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15%

Top Agents Nationwide in 2023

350+

5 stars Yelp Reviews

$1.5B+

Total Sales

105M

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