Q. What inspired you to get into the real estate auction business?
The first auction we did was a charity driven initiative. Although the reserve on the house was not met, it was clear that the concept of luxury home auctions was sound. To get the business off the ground, I knew I would need to build the first auction house, so that’s what I did. After an eighty-five day campaign, Nautica Vista sold for $4.7 million, which in 2013, was the highest price a luxury home had ever been sold at auction in Canada.
Q. What would you say are Lambert & Co.™’s biggest accomplishments?
Lambert & Co.™ has successfully auctioned three other luxury properties, most recently breaking the record for highest live auction sale of residential real estate in Canada. With the help of our partners, we have also generated over $1,000,000 for local non-profit organizations. We are driven by the incredible opportunity to create a world-class experience for both buyers and sellers as well as having a measurable impact on the community.
Q. What is your favourite way to celebrate success?
There is nothing like the fall of the gavel to really get the party started. A champagne toast between happy buyers, sellers, and agents is what we look forward to all campaign long. Once all the ink is dry and the dust has settled, a little tequila and a whole lot of dancing is how we like to celebrate our timely success.