Concierge Auction’s latest, an 80-acre coastal estate on the block, comes as firm faces scrutiny

A sprawling 80-acre estate on the California coast, which had been listed at $60 million, will sell to the highest bidder in a no-reserve auction next month. Selling the property in Cambria will be Concierge Auctions, which is a defendant in four ongoing lawsuits over accusations it used fake bidders to pump up the prices of homes. The allegations include that Concierge Auctions made sellers think there was more interest in a property than there […]

from The Real Deal New York

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