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Press Release - April 30, 2019

Luxury Real Estate Auction Firm and Las Vegas Experts Partner to Shake Up Local Market

Heritage Auctions Luxury Real Estate announces collaboration with Susan Russell, Margaretha Breytenbach in the Las Vegas market

Heritage Auctions Luxury Real Estate
DALLAS, Texas (April 30, 2019) — A large inventory of luxury housing in Las Vegas equals an opportunity for market disruption, according to an expert analysts at Heritage Auctions Luxury Real Estate. To capture the momentum, the firm is announcing a new collaboration with Susan Russell and Margaretha Breytenbach in Las Vegas.

Russell, a Las Vegas native, is a well-established real estate broker and licensed auctioneer. Breytenbach, originally from South Africa, brings years of experience in international real estate to the partnership.

"Heritage's platform provides homeowners a reliable and efficient way to sell their luxury properties to a global audience," said Nate Schar, Director of Heritage Auctions Luxury Real Estate. "Combining Susan's and Margaretha's local expertise with our proven platform will give the Vegas market access to a global audience of high net worth individual collectors."

Heritage Auctions offers both online and on-site auction platforms for clients and has the highest sell-through rate in the industry. Properties accepted by Heritage Auctions' catalog have set local sales price records when sold at auction.

For Russell and Breytenbach, the agreement with Heritage Auctions means clients have exclusive access to a highly targeted, global audience of highly qualified and motivated bidders. Clients will also have access to the only company that offers live real estate auctions on premises in Las Vegas.

"Susan and I are thrilled to have been selected to partner with such a distinguished and reputable company like Heritage Auctions," Breytenbach said. "Client care is our utmost priority, and Heritage believes in that kind of care. Our clients will benefit from having the very best in both local representation and global exposure."

Heritage Auctions accepts properties valued over $500,000 for its online platform, and properties valued over $2 million for live auction events. In 2018, Heritage sold every property it took to market, in an average of 70 days. Most sellers received the proceeds from the sale within 109 days of signing the consignment agreement.

Visit RealEstate.HA.com to learn more about Heritage Auctions Luxury Real Estate, or contact Director Nate Schar at 214-409-1457 or NateS@HA.com.

Heritage Auctions is the largest fine art and collectibles auction house founded in the United States, and the world's largest collectibles auctioneer. Heritage maintains offices in New York, Dallas, Beverly Hills, San Francisco, Chicago, Palm Beach, London, Paris, Geneva, Amsterdam and Hong Kong.

The Internet's most popular auction-house website, HA.com, has over one million registered bidder-members and searchable free archives of four million past auction records with prices realized, descriptions and enlargeable photos. Reproduction rights routinely granted to media for photo credit.



Eric Bradley, Director, Public Relations
214-409-1871; EricB@HA.com

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