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How to sell and buy at Whisper Auctions

Beautiful Landscape in Belgium

Selling with Whisper Auctions

Request a consultation to begin. We'll schedule a meeting within 24 hours to discuss the process and craft a compelling story for your property. Our proactive approach and extensive database ensure a successful sale.

 

Meanwhile, we prepared the most frequently asked questions below.

Steps to sale
Beautiful Aerial view of landscape

Buying with Whisper Auctions 

Let us know which property from our portfolio interests you. Whether through Private Sales or Auctions, we'll seamlessly guide you through the process. Trust us to provide all necessary information and support for a successful purchase.

 

Meanwhile, we prepared the most frequently asked questions below.

Steps to buy
  • How does the Private Sales process work? (step-by-step)
    Private Sales: 1. Upon seller acceptance. 2. Seller sets the asking price. 3. Terms and marketing plan approved. 4. Communication & marketing sent to our database. 5. Organize open houses. 6. Discussions for potential sale.
  • How does the Auction process work? (step-by-step)
    Private Sales Auction: 1. Upon seller acceptance. 2. Seller sets the lowest price. 3. Terms and marketing plan approved. 4. Communication & marketing sent to our database. 6. Organize open houses. 7. Bidders submit sealed bids. 8. Discuss bids with owner.
  • Why doesn't Whisper Auctions operate as an auction house where the last bid is publicly visible?
    The regulation of holding real estate auctions, including the transparency of bids, varies by law from country to country. In most European countries, it is not allowed to openly follow bids. Currently, we are collaborating with a few official institutions to make this a reality.
  • What is the difference between Private Sales and Auctions?
    Private Sales don't have an end date. An Auction has a fixed sale date. Sellers can switch from Private Sales to Auctions or vice versa.
  • Are Private Sales or Auctions off-market?
    Private Sales or Auction properties can be off-market and are often presented online.
  • What criteria must a property meet to be accepted at Whisper Auctions?
    Before acceptance, we conduct a thorough evaluation of properties to ensure they align with our program. We have a limited number of residential properties accepted annually, with no minimum price requirement of €1 M.
  • Is the client base the same for less expensive properties at Whisper Auctions?
    Indeed, it's the same database that focuses on less expensive properties for investment purposes.
  • What marketing strategies are employed?
    The marketing plan is tailored featuring teasers, personalized websites, coffee table books, and distribution through well-known media channels or direct mailing.
  • Do you have a bespoke marketing program for expensive or unique properties?
    Yes, we offer a program tailored specifically for expensive or unique properties, curated by Ignace Meuwissen and his team.
  • Is there a proactive approach as well?
    Our approach emphasizes proactive outreach, leveraging extensive experience. We utilize a comprehensive database and partner with wealthy individuals, private banks, family offices, relocation agencies, law firms, etc. Potential clients are invited to open houses, private dinner events.
  • What is the commission for a successful transaction?
    For private sales, the sales commission is 6% without VAT, paid by the seller. For auctions, the sales commission is 12% without VAT, paid by the buyer. If the property is introduced by a third party, a negotiable referral fee is involved. Success fees are fixed, but can be negotiated regarding payment responsibility. A referral fee, including for the buying agent, is included in the sales commission. Note: VAT regulations vary by country, and in some cases, VAT may not be applicable.
  • What are the terms of the contract for collaborating with Whisper Auctions?
    Our standard fee structure entails a 6% success fee along with marketing expenses. However, each contract is individually negotiated to accommodate specific requirements, collaborations, and other pertinent factors.
  • What is the commission rate for an introducer, networker, or real estate agent?
    The commission rate varies depending on whether the client is introduced by you or if you bring the buyer, ranging from 1.20% to 6% without VAT.
  • Can I or my real estate agent work with Whisper Auctions as the owner?
    Yes, you or your real estate agent can work with Whisper Auctions as the owner. Your real estate agent will act as a buying agent and will receive a commission.
  • Can I collaborate with Whisper Auctions as a real estate agent, networker even without a real estate license?
    Yes, we collaborate with real estate agents, financial institutions, and networkers who receive a commission upon successful transactions. A real estate licence is not required for participation.
  • Does Whisper Auctions have specific collaboration terms for networkers, introducers, or agents?
    Introducers, networkers, or agents must provide ID and a valid bank account post-transaction. They can't use Whisper Auctions' name on social media or represent it. Confidentiality is crucial, and collaboration refusal is reserved for specific cases. Whisper Auctions' name is copyright protected.
  • How do I get credit for referring a client or property to Whisper Auctions?
    Once you introduce your contact or property with full details, it's registered in our system as your referral for tracking and acknowledgment.
  • How can I track the progress of the contact or property I introduced?
    Once your contact is introduced to us, we ensure you're copied in all communication, and you're welcome to join personal meetings or online discussions.
  • Does Whisper Auction control who requests a login?
    Yes, in case of doubt we contact the applicant by phone.
  • Who is Whisper Auctions?
    Whisper Auctions is a Swiss limited liability company headquartered in Gstaad, Switzerland, established by Ignace Meuwissen, his wife Naomi El Haimer, and Mohammad Zahoor.
  • Can I contact Whisper Auctions for further questions?
    Yes, this can be requested via the contact form.
  • Why do I need to sign up?
    Our purpose is to maintain confidentiality. We represent owners who value their privacy.
  • Why do I have to wait to be accepted as a verified potential buyer?
    This is to protect our clients, the property owners.
  • I signed up but did not receive a login.
    I apologize, it seems your sign-up hasn't been approved. If you believe there's been an error, please don't hesitate to contact us using our form.
  • Can I view the property privately or online?
    Both are possible. Private viewings are available by appointment. Also via Facetime.
  • Can I, as the buyer's representative, visit the property?
    This is possible by appointment.
  • Can I have my real estate agent represent me?
    Yes, it's possible for your real estate agent to represent you and receive a buyer's commission.
  • Who pays my real estate agent?
    Your real estate agent will be paid by us, typically between 3% and 6%, excluding VAT.
  • Who pays the commission for a successful transaction?
    For Private Sales, the seller covers the commission. For Private Sales Auctions, the commission is 12% without VAT, paid by the buyer. Note: VAT regulations vary by country, and in some cases, VAT may not apply.
  • Is your bidding process binding?
    No, the bidding process is not binding, except in cases of mutual agreement. However, Whisper Auctions reserves the right to reject a bid based on our policy.
  • Do I need to pay a deposit with my bid? To whom should I pay this deposit?
    Upon acceptance of your bid, you must pay an agreed-upon amount to a third party, such as a lawyer or notary.
  • Can I pay with cryptocurrencies?
    Yes, this is possible.
  • What policy does Whisper Auctions follow regarding my bid? Is every bid accepted?
    Anyone can place a bid, with the understanding that Whisper Auctions may conduct identity verification checks at any time. Whisper Auctions also reserves the right to block an account at any point.
  • If my bid is not accepted, will I receive a deposit refund?
    Yes, you will receive a full deposit refund in such cases.
  • Can I contact Whisper Auctions for additional questions?
    Yes, this can be requested via the contact form.
FAQ
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