Category: Property, Selling


Tags: Off Market, Private Market, Property Buying Agent, Property Search Agent

The Private Market – What Is It And Does It Really Exist?

11th July 2019

Much revered, often referred to… but what exactly is the Private Market? The Private Market is not so much a market, but more a term of reference or definition based on how strong a relationship one has with those actively in the know, or how close an ear to the ground one has in order to gain insight and access to property that isn’t in the public domain.

Richard Trimbee

Property Search Agent

By knowing and having trusted relationships with the right people who day-in, day-out are viewing, valuing and visiting properties, is critical when accessing the Private Market.

 

Part of the added value of using a Property Search Agent is gaining access to tip-offs and whispers via their black book of contacts.

 

This can be beneficial in several ways such as providing flexibility and confidence for the seller to confidently go and find their next home without being rushed and perhaps for some, they rather like the kudos of not having to actively market a house – feeling that their home is considered too desirable and unique a property to have to publicly market it – and for a buyer, to exclusively purchase something, with the proud knowledge that nobody else has seen it or been made aware of it.

 

 

Private Market deals can be beneficial to both vendors and purchaser. For the vendor, they might expect a slightly higher return on their investment (ROI) due to the exclusivity and privacy factor of not having to market the property. For the purchaser, again it’s having the knowledge that they have been introduced and acquired something privately, off-market that nobody else has been informed about.

Any good estate agent understands and appreciates the many benefits the role a Property Search Agent has to offer as they have the confidence that the client being represented has been fully vetted and is usually of very good calibre, will be assisted through the buying process – thus reducing the potential fallout risk – and most importantly, has the confidence that their vendor will not be subjected to any time wasting.

 

To surmise, the Private Market does exist, but it’s knowing who, how and where to locate it.

 

Working in independent partnership with Curchods and Burns & Webber, Coast & Counties really can eliminate the time, trouble and inconvenience of searching for property.

As a professional Property Search Agency, Coast & Counties actively source and acquire residential property on behalf of private clients, whilst understanding how to unlock the Private Market and uncover property that is not in the public domain.

To discuss your own personal property search requirements, please contact Richard Trimbee in complete confidence.

 

ENQUIRE ABOUT PERSONAL SEARCH

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