Professionals Real Estate 
Is it a good idea to sell a property off-market?
If you’ve ever sold a property before then you’re probably familiar with all of the work involved in preparing it for the market.
In a lot cases homeowners will do some minor renovations or fix-up jobs to prepare their properties for sale, as well as stage it and make it as presentable as possible for open homes.
All of these things tend to help a property achieve a great sale result, however there’s no denying that preparing a property can take a bit of time and energy, and some sellers may decide it’s easier to go down the path of selling their property off-market.
The benefits of selling off-market
There are a number of reasons why a property owner may choose to sell off-market.
Sometimes they just don’t want the fuss of having to prepare their property for sale, or maybe they want a bit of privacy around their transaction.
In other cases a homeowner may be approached directly by a potential buyer who offers them a price they think is too good to be true.
If both parties are happy with the price offered then that’s great, however if one buyer has come knocking on your door, imagine all of the other potential buyers out there who might have offered more if only they had known the property was up for purchase.
Reasons to reconsider
The big problem with selling a property off-market is that it isn’t going to reach as many buyers as it could.
Put simply, the more buyers that are aware of your home the more likely you are to achieve the best price possible for it.
Preparing a home for sale and investing in a marketing campaign can seem like a lot of effort, but it will get more eyes on your property, which equals more potential buyers vying to call it their own.
Everyone’s circumstances are different though so if you need advice it’s always a good idea to have a chat to a local real estate agent in the know.
How to make sure you don’t miss out as a buyer
As a buyer it can be very frustrating when you see properties you’re interested in come up as sold when you never had the chance to make your own offer.
To help ensure you don’t miss out on future off-market sales the best thing you can do is contact the agents that sell in your area and let them know the types of properties you’re looking to purchase.
They can then contact you when a suitable property comes up for sale so you’re less likely to miss out on the properties that go under the radar.
