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You’ve probably heard of this. In the world of real estate, there is a hidden market that remains largely concealed from the public eye. It’s called off-market property sales. In Sydney, properties sold without a public auction or marketing and advertising have been steadily increasing in recent years. In fact, more than 50% of transactions that Sydney buyer’s agents now do for their clients involve properties that sellers haven’t publicly listed at all.

Let’s take a look at the reasons why so many Sydney homes are being sold off-market.

The COVID-19 pandemic has significantly impacted the Sydney housing market – though not quite in the way many of us expected. Yes, it has always been difficult and costly to purchase a home in Sydney. But now, with the latest restrictions in place, properties are even harder to find and more expensive to obtain. If you must buy property during a COVID-19 lockdown, you’ll need to adopt a different and more sophisticated approach to what other buyers have done before.

Bidding at auction is not for the fainthearted. Unless you are a regular buyer of properties, my advice is to hire a professional buyers agent in Sydney. 

Auction sales for properties are fast-paced, nerve-racking, and peppered with many professionals who have one goal, and that’s to win the auction. 

Chances are, you have been bidding at auctions roughly a hundred times less than any of the professionals.

Let me share with you some of my methods for winning auction sales.