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This profile was last updated on 9/2/14  and contains information from public web pages and contributions from the ZoomInfo community.

Chief Operating Officer

Concierge Auctions
405 Lexington Avenue
New York, New York 10174
United States

Company Description: Concierge Auctions sells the finest high-end properties through a transparent bidding process. We're seasoned, successful professionals. This is all we do....   more
Background

Employment History

Education

  • economics
    University of Massachusetts
62 Total References
Web References
Concierge Auctions Names ...
www.pressrelated.com, 1 May 2014 [cached]
Concierge Auctions Names Michael S. Russo Vice President of Project Management Concierge Auctions Names Michael S. Russo Vice President of | Press Release Press Related Press Releases
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Concierge Auctions Names Michael S. Russo Vice President of Project Management
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Concierge Auctions Names Michael S. Russo Vice President of Project Management
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Concierge Auctions Names Michael S. Russo Vice President of Project Management PR Newswire ASPEN, Colo., June 3
ASPEN, Colo., June 3 /PRNewswire/ -- Michael S. Russo was named Vice President of Project Management for Concierge Auctions, the preeminent luxury real estate auction firm serving high-end sellers nationwide, the company has announced. Russo is responsible for overseeing the company's project managers who are charged with leading assignments on location and managing the overall marketing strategy, broker and buyer outreach and seller relations from launch through auction day. Russo will be based in Aspen, CO. "Working for Concierge Auctions is an amazing opportunity," Russo said. "The ability to build on my experience in luxury real estate and continue to pursue my passion for best-in-class results was of particular interest. The Concierge platform is a transparent method for maximizing value and is changing the luxury real estate landscape. Concierge has assembled an experienced team of project managers who are skilled and motivated. I look forward to working with them to continue the company's track record of successful sales." Previously, Russo served as a president of Aspen Sotheby's International Realty, where he managed the entire firm, from sales and marketing to business operations. He initiated and facilitated the combining of Aspen Sotheby's International Realty and Morris & Fyrwald Sotheby's International Realty, which created the largest luxury real estate brokerage firm in Aspen. Prior to this, Russo held various roles at Cendant Corporation (now Realogy), which entered into a $100 million licensing agreement with Sotheby's International Realty to increase their dominance of the high-end residential real estate market. He began in franchise sales for RCI Holiday Network within the company before being promoted to Assistant Regional Vice President of Coldwell Banker Midwest, then Regional Vice President of Sotheby's International Realty. "Mike has been around sales and marketing throughout his career, with particular focus on luxury real estate.
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Russo studied economics at the University of Massachusetts and holds certificates in sales management from both Harvard Business School and Wharton Business School.
These properties are perfect ...
www.prnewswire.com, 3 June 2013 [cached]
These properties are perfect representations of the high-caliber assets we excel with, and to have sold both on the same day is a great accomplishment," stated Mike Russo, Chief Operating Officer for Concierge Auctions.
Any potential bidders who considered ...
www.prnewswire.com, 20 May 2013 [cached]
Any potential bidders who considered taking a 'wait-and-see' approach should make no mistake - We will have a new owner next Thursday," stated Mike Russo , Chief Operating Officer of Concierge Auctions.
This auction was particularly exciting ...
resorts.ulitzer.com, 1 Jan 2011 [cached]
This auction was particularly exciting for Concierge Auctions as it was our 12th successful sale in the Jackson, Wyoming market since 2009," stated Mike Russo, Chief Operating Officer of Concierge Auctions.
Mike Russo, vice president ...
www.aspenbusinessjournal.com, 9 Nov 2013 [cached]
Mike Russo, vice president of Concierge Auctions, confirmed that the deal is off. The highest bidder, who he would not name, had 24 hours to come up with 10 percent of the value of the contract as earnest money.
"The balance of the earnest money was not deposited," Russo said in a phone interview, "and under those circumstances the seller has the right to cancel the contract, which they did."
He declined to disclose how much the high bid was but other brokers said the ranch fetched $11.25 million.
The highest bidder forfeited a $250,000 deposit that was required to participate in the auction, Russo said.
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It's not like bidding on eBay," Russo said. "We're selling really expensive homes.
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Russo said it is unfortunate the bidder backed out but sometimes that's just the price of doing business.
"We do about 50 auctions a year around the world and 80-plus percent of them result in a sale," he said.
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