‘Off Market’ Property
‘Off-market property’ is a home which never reaches the mass market; it is either sold privately, or sold so quickly that it never reaches estate agents’ windows.
In the first instance, a seller might require a discreet sale which is organised through personal contacts or family offices which have a shortlist of serious buyers. This typically happens with properties valued over £5 million.
In the second instance, when a particularly desirable property becomes available, an estate agent might sell it to a waiting buyer before photographs and floorplans have been developed – in which case, ordinary buyers miss out. This usually occurs in the £1-5 million category.
The advantage of using a London property buyer like us is that we hear when off-market properties are being viewed. Therefore, you’ll be first in line when a rare in-demand home becomes available.