Getting access to off-market properties is one of the major benefits of working with a local Newcastle buyers agent. If you’ve found that there’s nothing available on realestate.com.au and domain.com.au that suits your goals, you might want to start this process yourself. So, what else can you do to find your dream property?

In sourcing off-market properties for our clients, we use a three-pronged approach.

Review the online portals at 8 am and 12 midday, applying the predetermined property brief as an overlay to our search.
Build & maintain powerful relationships with real estate agents in the area of interest. This can sometimes be in excess of 20 agents across multiple agencies. In developing these relationships we are able to build rapport and gain information about ‘pre-market’ listings that have not yet reached the online portals.
Engage directly with homeowners in the community and area of interest through targeted letterbox drops or our favourite, door-knocking. This is a tedious process but enables us to access true ‘off-market’ property for our clients.

Now that we’ve covered how we find off-market properties, let’s go over their benefits to buyers and sellers.

Benefits of buying off-market properties

Reduced Competition: Off-market deals give buyers a competitive edge because these properties are not open to many other buyers. Buyers purchasing off-market often compete with two or three other buyers at most, allowing them to avoid bidding wars or losing out on deals altogether.
Lower Sale Prices: Off-market homes aren’t advertised online and they typically stay out of the spotlight. This gives the purchaser the chance to fly under the radar and score properties at a great price before they’re listed for the public.
Smooth Negotiations: Because these properties go unseen by most, both buyers and sellers are often more relaxed when it comes to negotiations.
Time for due diligence: When it comes to off-market real estate sales in Newcastle, you will likely find that sellers are not in a rush. As a potential buyer, this allows you to take your time and complete due diligence before making an offer.

Benefits of selling off-market properties

Reduced stress: Selling off-market means you’re not dealing with numerous open homes, inspections, long negotiations or auctions.
Sell in your own time: Sometimes it may not make sense to move quickly through a sale, like if you’re searching for another property at the same time. Off-market sales are often more time-flexible.
Privacy: As your property isn’t advertised for sale you can maintain your privacy as you sell.
Reduced impact on tenants: With fewer open homes and no nosy neighbours checking out the house, your tenants can live in peace while you sell the property.
Convenience: By selling off-market you’re not having to deal with the hassle or stress of selling your property, let alone the uncertainty of going to auction.

Our Comprehensive Service is designed to uncover off-market properties that align with your property buying goals. Get in touch with us today to find out how a local buyers agent can help you make property buying simple.