Have you ever heard the term "off-market" listing and wondered what it means?

At Numerical Real Estate, we define it as a property that's for sale or has already been sold without any public advertising. This term pops up in property conversations and is usually linked to a property that needs an urgent sale.

Off-market sales aren't an ideal way to achieve the maximum price. They are often a last-minute choice. This type of sale means a seller can sell their home if presented with an acceptable offer but has decided not to promote the fact.

Off-market sales are common if a vendor needs an immediate sale, such as due to a relationship breakdown, financial reasons, or a deceased estate. Some vendors with tricky families or neighbours sometimes see value in keeping the home's sale out of the public eye.

One disadvantage of an off-market sale is that buyers have to dig deeper to unearth off-market properties as they're not publicly advertised. The estate agent is still key to discovering these properties, so making sure your local agent knows your property searching profile can make all the difference.

At Numerical Real Estate, we believe that the key to spotting an off-market sale is "relationships, relationships, relationships." Once a buyer has identified an area of interest they should then network and create new contacts with local agents. We are able to "keep you in the loop" and advise any of these sales that might suit you.

While off-market sales offer an exclusivity opportunity, buying a property through this method still has its disadvantages, including that you still have to find a property that meets all of your criteria.

If you're looking for a property to buy or sell in Port Lincoln, Streaky Bay, and Ceduna, we encourage you to reach out to our expert agents at Numerical Real Estate. We have a wealth of experience and knowledge about the local real estate market, possessing an intricate understanding of the unique attributes and value of the landscape in these three locations.  We can advise the best marketing strategy to suit your circumstances and use our vast experience to provide "results that count"