What is an off-market or pre-market property?
An off-market or pre-market property is a property that is not (yet) publicly listed for sale on the open market via any marketing platform. Instead, these properties are sold through private networks, usually to a selling agent's database contacts, which include buyers' agents.
Off-market and pre-market properties can offer unique opportunities for buyers, as there is less competition from other house hunters and potentially better negotiating leverage. However, accessing them typically requires close working relationships with real estate agents or industry connections. This is one of the advantages a buyers' agent provides.
How we find them
- We check internet listings, but preferably liaise directly with local real estate agents.
- We ask about properties that are on-market, off-market, pre-market and after-market (those that did not sell in their campaign).
- Our professional network gives us insider access to properties not publicly listed.
- Your detailed brief means we can act quickly when the right property comes up.
Worthwhile The Journey
“Harold has been a wonderful buyer's agent explaining each step carefully along the way and providing outstanding support and advice through each inspection to ensure I found the right home for me. Always providing great descriptions and feedback on inspections and finding great off-market opportunities, Harold saved me a lot of time and took away the stress throughout my search and it was worthwhile the journey!”
Is an off-market property a good deal?
Often, because there is less competition, but not automatically. An off-market property still needs the same research and due diligence as any other: a Comparative Market Analysis to check the price, building and pest or strata reports, and a review of the Contract for Sale. We do that work for every property we put in front of you. See property research reports.
Who off-market access suits
- Buyers in tightly held suburbs, where good homes can sell before they are advertised.
- Investors who want opportunities with less competition. See investment buyer's agent.
- Anyone who has missed out at auction and wants to buy without a crowd.
Off-market access is part of our full buying service.
Common questions
Approximately 30% of all property transactions are off-market sales, which means a one in three chance of missing out on the right property without a buyer's agent.
Usually. Off-market properties are sold through private networks, usually to a selling agent's database contacts, which include buyers' agents.
Ask Harold about off-market properties
An obligation-free conversation with Harold about what you want to buy, where, and how he can help. By video call, phone or face to face.