DeCaro auctions announces global market expansion

DeCaro Auctions is expanding its operations across North America, the Asia-Pacific region and Mexico as the luxury real estate auction firm seeks to increase its presence in international markets.

The company also announced several leadership appointments to oversee its expansion efforts in key regions.

“Expanding our presence into key wealth capitals is the natural next step as we scale our international auction platform,” said Mario Vargas, CEO of DeCaro Auctions. “To execute world class campaigns across borders, you need boots on the ground with impeccable local relationships.”

Among the appointments, Will Wagner will serve as managing director for the United States and Canada, while Joyce Lee, based in Hong Kong, has been named managing director for Asia Pacific and Hong Kong.

Mitch Abundis has expanded his role as private client advisor and Mexico directo and Joshua Hawkins joins the company as a private client advisor for the United States. Tyler Lively has also joined the company as a U.S.-based property experience director.

Hawkins said luxury real estate auctions have become increasingly accepted within the market.

“After years in the auction industry, I’ve seen auctions become an accepted way to buy and sell luxury real estate, creating a transparent and competitive environment for both buyers and sellers,” he said. “As the market continues to evolve, it’s exciting to be part of a team that offers innovative solutions, backed by years of experience and a shared commitment to delivering exceptional results.”

Abundis said Mexico continues to attract international buyers seeking vacation and investment properties.

The expansion follows the company’s recently announced partnership with REALM Global, a private network of luxury real estate advisors operating in multiple countries.

This article was generated using HousingWire Automation and reviewed by a HousingWire editor before publication.