The biggest misconceptions about off market properties

The First Home Guidebook

I dive into the intriguing and often misunderstood world of off-market properties. For those first home buyers who feel lost amidst the clutter of online listings, off-market properties might be the treasure trove you never knew existed.

Misconception #1: Rarity

• Thousands of off-market properties are available at any time.
• They offer untapped opportunities for savvy buyers.

Misconception #2: Bargain Myth

• Off-market doesn't always mean cheaper.
• Understand how the broader market influences prices.

Misconception #3: Quality Concerns

• Off-market properties are not inherently flawed.
• Many are sold discreetly or due to seller preferences.

Misconception #4: Agent Outreach

• Proactiveness is key; don’t rely on agents to contact you.
• Build and maintain strong relationships with agents.

Misconception #5: Ease of Purchase

• Off-market purchases can be complex and require due diligence.
• Navigating unclear pricing and motivations can be challenging.

Misconception #6: The Ultimate Solution

• Treat off-market properties as an additional tool, not a catch-all solution.
• Consider the holistic approach of involving a buyer’s agent.

If you’re not exploring off-market options, you might be missing out on your dream home. This week, start building your agent contact list and reach out for hidden opportunities.

LINKS:

Check out my FREE checklist 100 Things To Look Out For At Property Inspections here

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Website: www.thefirsthomeguidebook.com.au

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