What Are Silent Sales and How Do You Get to Hear About Them?

In this day and age real estate is being marketedEngaging the right property buying agent allows you
very differently from even three years ago. Mostto cast the net further covering every real estate
people are finding that properties are hitting theagent, in every single agency, in your designated
internet, or agents are contacting buyers off theirarea, in one email broadcast. Our experience tells us
data bases, before they even hit the papers.that in some instances we can be showing our clients
As a buyer you would hope that your local realvery few silent sales, but then within a week silent
estate agent that you left your details with willsales can make up 60% of what we're delivering to
contact you should one of these "Silent Sales"our clients to view.
become available, but the reality of it is you're notBuyers agents, such as ourselves, are able to
the only buyer out there.purchase silent sales for their clients through the
Premium property buyers, should they attempt to dofollowing contacts:
the house hunt themselves, not only risk revealing- Private property sellers calling our office direct, and
their identity which could cost them thousands ofasking us do we have a buyer for their property on
dollars in a negotiation, but also miss out on seeingour client data base, before they list it with a real
some prime silent property. Great real estate sellsestate agent
itself, and in most cases within a ten day period.- Real estate agents calling us direct before the
If a premium property vendor can sell their propertyproperty they are selling is publicly listed.
quickly and silently without expensive marketing- Past clients we have purchased for contact us
campaigns or invasive open home inspections, whilebefore listing their property for sale through a real
controlling to an extent their confidentiality, they will.estate agent to see if their property might suit one
Buyers should understand that when you give yourof our present clients.
details to a real estate agent, that you give them to- Buyer's agents directly letterbox your favourite
the agent, not the whole agency they work in. So asstreet in the hope that a selling vendor wants to
a buyer you could visit six different agents at theirenter into a private sale, to save on marketing and
open inspections and hand over your requirements,real estate agent selling fees.
but your details don't get passed on to all the- When we sign a new client in most cases they
salespeople in their offices. The majority of realhave a property to sell, and should that property
estate agents share property listings within thematch up with our client base at the time, we will
office, but rarely buyers.then proceed to negotiate a private sale.