The property market has changed astronomically in the past few decades, bringing in a new era of off-market and private sales. Last year, Hamptons International revealed in an article in the Telegraph, that an astonishing one in four sales above £1 million in London had taken place “off-market” in the first six months of 2017 – in 2007, off-market sales in the city had been recorded at just 14 per cent.
So, why are off-market sales rapidly gaining traction? While there are many benefits associated with private sales, for the sake of this article, we will be focusing on the three primary factors driving the recent surge in popularity. The first is discreetness. Unlike conventional methods, details of your property or site are not posted on portals, paraded in agents’ windows, or advertised online and in newspapers only to attract the attention of a flock of unserious buyers.
Instead, the sales are made through word of mouth, ensuring your property or site is sold swiftly to a reputable buyer. This brings us to our next point. Private sales generate a sense of exclusivity, boosting the likelihood of a quick and hassle-free transaction. In comparison, traditional property advertisements have become somewhat outdated and, in many cases, ineffective. A quick search online will flag thousands of reduced listings across the UK.
The third and final benefit that we will discuss is the potential for future growth. The networking opportunities and limitless private communication offered by social media have ultimately changed the way developers search for potential investments and opportunities within the property market.
The best buyers and developers no longer search through pages and pages of advertisements for their next opportunity. Instead, they simply contact SJD and let us know about the types of sites they are interested in. We then add them to our client list and contact them when presented with a property or site that ticks all of their boxes.
At SJD we work to source the right developers for your property, meaning you do not have to worry about wasting your time with unserious buyers or regularly to-ing and fro-ing with estate agents. All of our sales are made discreetly, protecting both your identity and your individual interests.
Since the company was founded over 15 years ago, SJD has worked to build relationships with reputable developers and buyers that are looking for sites and properties in the South East. Today, our little black book is filled with a number of select connections within this niche market, enabling us to provide both owners and developers with a truly bespoke service that will optimise their returns.
If you have a site or property that you would like to sell off-market, please contact us today at firstname.lastname@example.org.