Off-Market Property is Property That Is Not Advertised to the General Public and is referred to as “Off-Market Property”. There are several reasons why a home seller will use this method of sale. Commonly referred to as “a silent sale”.
- They may be experiencing financial hardship and do not
want their neighbours to know that they are selling;
- They are looking for a price that is above market and
want to “test the market”;
- It is not advertised or marketed to the general public;
- When a property nearby has sold for an exceptional price
and a neighbour wants to test the market;
- If they need to sell urgently;
- To avoid having to hold open for inspections every
weekend.
This is a sample of reasons sellers choose the “off-market” sale method.
How do I get to Know About These Properties?
When a property is sold using the “off-market” method, the selling agent will contact the buyer’s agents with whom they have established relationships. They contact us to see if we may have a buyer we are working with. Sales agents love working with buyer’s agents; they know the agent understands the process and that you, the buyer, have engaged a buyer’s agent, so they are treated more seriously. This gives you a very competitive advantage over a buyer who is not being represented by a buyer’s agent.
If this sounds like something you would be interested in, we can have a no-obligation, confidential chat to discuss becoming a client of ours.
We only work with a maximum of 3 clients at any given time.
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