Business · Companies · 19 hrs ago

Brazil’s luxury homes are often sold without public listings

Brazil’s luxury homes are often sold without public listings

A home in Brazil can take an average of 13 months to sell, but some luxury properties are sold without public listings.

Mbras says these private sales make up about 30% of its deals, while Coelho da Fonseca puts the share at about 10%.

Owners may want more privacy and security, have no rush to sell, or hope to get a higher price.

Sometimes a buyer approaches an owner with an offer large enough to persuade them to leave the property.

These deals depend on trust, and agents use existing client relationships and targeted outreach to find possible buyers.

The negotiation is much like a regular sale, but the home is offered discreetly rather than displayed publicly.

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What people are saying

Lucas MeloCEO of Mbras
About 30% of our sales are off-market.
via Estadão
In homes worth more than R$70 million or R$80 million, the owner does not want to advertise because they are very specific properties.
via Estadão
Álvaro Marco Coelho da FonsecaCo-CEO of Coelho da Fonseca
It is exactly like a normal sale, the same negotiation. It is just limited to our offer work, because the property is not being advertised.
via Estadão