realestate

How pervasive are quiet listings for property? Noticed that several friends on either side of the pond that are not listing theirs with a selling agent but instead quietly informing buying agents about it

That means it'll never show up on Zillow (US) or Zoopla (UK) - is anyone else seeing/hearing this?

We have a portfolio of homes and we do it all the time. 

First reason, when we post on Zillow we get 20 calls from agents and 2 calls from actual buyers. It becomes almost a nightmare dealing with sales agents calls instead of buyers calls. 

Second, in some cases it’s perception; for some properties on some markets in which for one reason or another the property might be on the market longer than expected, in Zillow it looks bad to have a listing for an extended period of time.

On the other hand, I can go to a broker and say hey we have these deals can you find buyers and we know those brokers will bring us qualified buyers.