Since DeLeon Realty’s founding in 2011 in Palo Alto, CA, we have enjoyed tremendous success in servicing the burgeoning Chinese buyer pool. In fact, we have become well-known to the Chinese community throughout the Bay Area from our extensive outreach. We have also established very strong business connections with real estate professionals in affluent cities including Beijing, Hangzhou, Shanghai, Guangzhou, Taipei, and Hong Kong.
With the increased interest from our Chinese clients, we have set up dedicated channels for Chinese investors. We have a full Chinese version of our website, where clients can browse and get familiar with our listings, or listen to our regular Chinese radio shows focusing on the Bay Area real estate market. We also have Mandarin speaking agents who can advise on different properties and provide further support.
Fortunately, we have also seen continued investment from buyers coming from overseas, most notably from China. Although the types of homes that they desire have changed significantly, the actual demand has remained steady. This strong demand has resulted in very favorable sales prices for several high-end DeLeon Platinum properties. We anticipate that Chinese buyers will continue to purchase properties in Silicon Valley. We have seen a greater shift toward luxury properties as personal residences, instead of as pure investment properties that were popular three to four years ago.
Meanwhile, we also have a very robust staff of multilingual associates. Audrey Sun, who works closely with Michael Repka on the listing side, speaks both Mandarin and Cantonese. We also have a Chinese marketing department, which is unique to us across the entire Silicon Valley real estate industry.