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.