Your personal guide to buying off-market properties
- Feeling unsure about this current market, and what could happen now after the proposed May 26 budget?
- Wanting to ensure you are priced correctly, with the best strategy in this unsure auction environment?
- New properties to market are limited, do you feel like there is a whole “other” market out there that you are missing?
In this article, we’ll explain the value of securing real estate via off market property listings (and our crucial role as Buyer’s Agents) by tapping into this genuinely rewarding approach.
In the past, off market properties only seemed to be available for those buyers who had existing relationships, or were in the position to build a relationship, with a real estate agent. As timing is the key, thankfully this isn’t the case any longer. Buyer’s Agents are a professional pathway in gaining access to off market real estate.
Why would somebody sell off market?
Many people choose to sell off market for a variety of reasons. Common examples include divorce, financial limitations, privacy concerns, or simply not wanting large numbers of strangers walking through their home.
A real estate agent who is focused on achieving the best possible sale price will often recommend preparing the property for market — this may include painting, small renovations, repairs, or professional styling to maximise presentation and buyer competition. However, not every owner is in a position to do this. The property may be tenanted, the owners may have limited funds, or they may simply prefer a quieter, more discreet process.
In these situations, agents will sometimes introduce a select group of buyers before the property officially launches to market, avoiding the cost and stress of full marketing campaigns and updates. Often, they will contact local buyers’ agents to see if they already have a suitable purchaser.
At The Savvy Bidders, we work one step earlier in the process. When we take on a new client, we proactively contact our network of local agents with a detailed buyer brief. Experienced agents will then review their database of potential sellers and privately approach owners who may be considering a sale, introducing only our buyer.
When the right match is found, it can create a genuine win-win outcome for everyone involved.
The Savvy Bidders has spent many years building trusted relationships with local agents, allowing us to work professionally and collaboratively with all parties. This proactive off-market strategy forms a significant part of our clients’ buying experience, ensuring no stone is left unturned in the search for the right property.
Our clients leverage our skills and networks to secure their property via off-market opportunities.
What is an Off Market Property?
Off-market property sales refer to property that is considering a sale, but doesn’t adopt the traditional methods of advertising across websites, ad platforms (like realestate.com.au), and printing. It is a property known to an agent that the owners would consider selling, for an acceptable price to all parties.
In short, off-market are up-and-coming sales, that are ‘silent’ and adopt a non-traditional method of selling. Knowing the right people, if you’re wanting to buy in highly competitive markets and ‘micro-suburbs/streets’, is a must and ultimately pays off.
In some scenarios, buyers may be reluctant (or have the incorrect assumption) about buying off-market property. These transactions are legitimate but approached differently. The seller, for instance, has chosen privacy over ‘usual’ marketing methods. For example, there will be no signboard erected out front, no letterbox pamphlets, no online listing and no open home schedules.
You might be wondering how the buyer and seller find each other?
That’s where our expert team of Buyer Agents step in. Our team has strong relationships within the industry, granting them access to off-market and pre-market opportunities that are often unavailable publicly, giving our clients a real edge in this competitive property market.
Access to exclusive & off-market property listings
Extensive Industry Experience
Deep Local & Market Knowledge
Strong connections with local agents
Buying off-market property for sale vs traditional on-market property buying
Why should property buyers flip to buying off-market property for sale?
- Buyers on auction day, especially if competition is fierce, can pay well above what they had planned.
- Off-market listings – calm environment, clearer decisions made by the buyer
- Access to High Quality Properties – Many off market properties are either luxury real estate, located in well sought-after neighbourhoods or are great investments
- Exclusive Access: a limited pool of potential buyers get to see and purchase properties that aren’t open for all
Off-market properties offer reduced competition, greater privacy, and exclusive deals.
How do I find and see off-market properties?
The first thing you need to do is get in touch with The Savvy Bidders. We are unique in that our team of local Buyer’s Agents have been hand-selected from across Australia.
The role of Buyer’s Agent in securing off-market property.
A buyer’s agent is a licensed professional, who (as the name suggests) represents the buyer, not the seller.
One of our Buyer’s Agents can be your key to unlocking hidden opportunities with off-market properties. Using a combination of approach and strategy, we offer invaluable service from access to exclusive and off-market listings, deep market and local knowledge, razor sharp negotiation skills and tailored support.
Off-market sales can provide an advantage, whether you are a first-time homebuyer or a seasoned investor. We will guide you step-by-step toward your dream home or next investment.
