The secrets of the closed real estate market
- Sale of a property off-market: privacy, exclusivity, profit
- The world of off-market real estate deals
- How to find unique accommodation?
Sale of a mansion in California
In November 2012, a deal was made in California for the sale of a mansion for $117.5 million. The event remained under the radar, and information about it leaked to the press only in January 2013. Such transactions take place in a private market known as off-market.
Share of off-market sales
Realtors and privileged clients have access to unique offers in the closed market. Major companies dealing with luxury real estate are actively involved in off-market transactions.
Advantages of off-market sales
Off-market deals are characterized by confidentiality, exclusivity, and the opportunity to avoid overpaying.
Sale of housing "under the counter"
Famous personalities and wealthy individuals often prefer to sell their homes in the private market to avoid publicity surrounding the transaction.
Hidden transactions to avoid creditor prosecution
Sometimes, owners list properties on the closed market to keep the transaction hidden from creditors or tax authorities.
The mysterious world of off-market real estate deals
Off-market deals attract a diverse audience, including high-profile individuals, wealthy investors, and celebrities who value privacy and uniqueness.
Advantages of off-market deals
One of the key advantages of such deals is access to unique assets that are not publicly available, providing an exclusive selection and eliminating competition.
Such deals can also be beneficial for tax optimization and risk minimization, as they do not require public advertising, thereby eliminating the risk of price increases.
Portfolio diversification and confidentiality
For investors, off-market transactions are becoming a way to diversify assets, ensuring confidentiality and variety in the investment portfolio.
Features and professional approach
Off-market deals require professionalism and a competent approach from both the real estateagency and the client, due to the specific nature of their execution.
The opportunity to receive a unique offer or conduct a transaction confidentially makes such deals attractive to participants in the real estate market.
Unique housing: how to find it?
If you are looking for truly unique housing, you have several options for approaching it. First, you can contact a real estateagency that has access to properties not published in public sources. Such agents often offer services for searching and purchasing real estate, focusing exclusively on the client's interests.“It is important to entrust the transaction to professionals to avoid time and financial costs.”“,” notes Yulia Ovchinnikova, an expert in international real estate at IntermarkSavills.
Independent agents
Hiring an independent agent to work for you as a buyer is also a reliable way to find unique options. Such specialists are in demand in high-demand markets, like London, where there are many foreign buyers."This provides personalized search and solutions for legal and financial issues by qualified specialists.", - emphasizes Dmitry Zakirov.
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