The Private Market
April . 2021
One could be forgiven for thinking that there are very few properties being sold currently in these extraordinary times we live in. Whilst post Covid stock levels are undoubtedly lower than for many, many years, the private market has been as active as we’ve ever known in 25 years of agency. By this we mean selling without a public marketing campaign or using the internet and advertising. In many cases a brochure is still prepared but we offer the property to our hot buyers and contacts first.
The level of demand from buyers has been unprecedented for all the reasons that have been well documented, and they are extremely eager to hear about fresh houses. So far this year 70% of our country sales business has been conducted off market and there seems no let up – it has been a very popular route to market for many vendors.
A recent article in The Sunday Times highlighted “secret sellers” and so we are not alone in experiencing this increasing popularity. We regularly find that it is an exceptional way of achieving the best price in the current market and both buyers and sellers enjoy the discretion in equal measure. If you would like to find out more, then please don’t hesitate to get in touch.
CS April 21.