We have been very busy at Cumberland Realty Group with Auctions, Private Treaty Sales, and Off Market Sales.
What are Off-Market Sales?
Off-Market Sales are not advertised on the internet and are marketed to a genuine group of Buyers on our database for a period of around 2 weeks. This gives sellers some time to calm their nerves about selling their family home. It can also save sellers thousands of dollars in marketing fees.
Off-Market Sales also achieve a maximum price for sellers as exclusive buyers are pre-qualified to pay a premium price and feel they need to put in their best offer before the property is put up for sale/auction to the rest of Australia.
If the home is not sold off-market, paid advertising will commence.
- 56 Tulip Street, Greystanes: This home sold for $1,000,000, before any advertising. The seller has zero marketing costs with a fantastic price and the buyer lives on a street they have desired.
- 51 Gardenia Parade, Greystanes: The sellers wished to save on Marketing Fees and we had registered buyers interested. The home was sold in One Week for $960,000 which is a great result.
- 59 Gardenia Parade, Greystanes: This home sold for $975,000. The sellers wanted to save on Marketing Fees. Sold before any advertising.
- 4 Bayfield Street, Greystanes: This home sold for $839,000. Sellers were nervous about the sales process due to their experience with another real estate agency. To ease their anxiety, we thought an off-market campaign was most appropriate.
Advantages of Selling Off Market
Because we have a strong buyer network, selling off-market can be ideal for a quick sale which can result in a shorter settlement period and bigger deposit.
There's no option to auction your property if you choose to sell off-market. But this saves you the risk of a prolonged selling process if the property doesn't sell on auction day.
What are the Risks of Off-Market selling?
The biggest risk of selling off-market is the likelihood of receiving a lower sold price than if you had advertised.
This is due to the lack of public interest you'll receive prior to selling.
In terms of reaching the maximum amount of buyers off-market, you'll want to sell off-market with CUMBERLAND REALTY who has a large network of buyers in the Cumberland Local Council area, that we can talk to privately.
Call us for a FREE MARKET APPRAISAL and Experience our Difference!
Call John Manaras on 0430 299 280 or Francesca Luccitti on 0430 393 396