PROMOTION Nothing for sale? Professional property finder David Lewis explains that despite an apparent lack of property for sale, there is a vibrant 'hidden market' active in and around Cheshire In the Spring Budget, the Chancellor extended the existing stamp duty boliday for a further three months, with a lesser available to other buyers. The art is to negotiate a deal where both buyers and sellers are both happy and neither feel outdone by the price and conditions agreed. reduction continuing until the end of September 2021. Keen to make the most of this tax discount, homebuyers have been David Lewis GARRINOTON How do property finders find off-market homes? out in record numbers, leaving most estate agents' windows and property portals looking depressingly short of exciting properties for sale. Whilst the first quarter of the year is typically contacted by prospective vendors directly and in their local community and surrounding atime for homeowners to contermplate and plan the sale of their property, with many waiting for spring to leapinto life to enhance their gardens, the pandemk is clearly playing its part. Anecdotally, we hear that some homeowners are relactant to invite buyers into their homes, and others are holding offlaunching their property whilst the uncertainty remains. However, a significant few are willing to discreetly offer their home to buyers on an off-market basis. Whilst some buyers are vaguely aware of this method of sale, many hold the false assumption that only high-value homes are sold this way. This element of the local property On the face of it, being able to purchase market has opportunities for all budgets. The key to a propertyfinder's success and, more importantly, the value they offer to property sale off-market. Garrington is often a client, is their contacts and involvement always wecome the opportunity to discuss a areas. Contrary to popular belief, it is not possible private sale. To that end, we currently just the localestate agents that contribute to have a number of searches in and around the supply of off-market options provided to Cheshire, including the areas of Alderley Edge and Knutsford. Equally, with so little prime property openly available for sale at the moment, some sellers have become wary about selling to0 quickly and then not finding of sources including solicitors, tax advisers, anywhere to move to. Selling quietly to a patient buyer offers both certainty of sale and confidence to look in earnest for a new home property finders. Discreet information regarding properties available to purchase away from the open market can come from all manner landscape gardeners, interior designers or architects, for example. Having been offered off-market opportunities, clients of a property-finding firm can enjoy preferred buyer status. This is due to a seiler or their agent taking comfort from the fact that the buyer has chosen to be represented in their search, which further underlines their commitment to a transaction. without the usual pressures. Good news for buyers? a property off-market sounds appealing for a buyer as the property will usually be freshly available and there will be less or no competition from other buyers. However, buying off-market can come with compromises. Sellers will often expect more flexibility with timescales, as they most likely will not have found a property yet themselves, and they will expect to achieve a full price, to prevent the property from being formally marketed and made Why do sellers choose off-market? In situations where a seller only wants to There are no hard and fast reasons why certain homes are sold off-market, but likely influences will be the prevailing market conditions and a seller's personal circumstances. Over recent years delicate and private sales resulting from death, divorce, debt, or being well known locally, are frequently cited as motives for keepinga reveal their intention to sell to a select number of people, property finders are towards the top of the list to be notified. Whilst finding the right property to purchase in prime Cheshire areas is likely to remain challenging, it is by no means insurmountable with the right experience, contacts and access to all options in the market. If you are considering your moving options in 2021 and would like further information on how Garington can save you time and money making the right decision, contact David Lewis: 01565 818110 + info@garrington.co.uk + www.garringtonnorthwest.co.uk PROMOTION Nothing for sale? Professional property finder David Lewis explains that despite an apparent lack of property for sale, there is a vibrant 'hidden market' active in and around Cheshire In the Spring Budget, the Chancellor extended the existing stamp duty boliday for a further three months, with a lesser available to other buyers. The art is to negotiate a deal where both buyers and sellers are both happy and neither feel outdone by the price and conditions agreed. reduction continuing until the end of September 2021. Keen to make the most of this tax discount, homebuyers have been David Lewis GARRINOTON How do property finders find off-market homes? out in record numbers, leaving most estate agents' windows and property portals looking depressingly short of exciting properties for sale. Whilst the first quarter of the year is typically contacted by prospective vendors directly and in their local community and surrounding atime for homeowners to contermplate and plan the sale of their property, with many waiting for spring to leapinto life to enhance their gardens, the pandemk is clearly playing its part. Anecdotally, we hear that some homeowners are relactant to invite buyers into their homes, and others are holding offlaunching their property whilst the uncertainty remains. However, a significant few are willing to discreetly offer their home to buyers on an off-market basis. Whilst some buyers are vaguely aware of this method of sale, many hold the false assumption that only high-value homes are sold this way. This element of the local property On the face of it, being able to purchase market has opportunities for all budgets. The key to a propertyfinder's success and, more importantly, the value they offer to property sale off-market. Garrington is often a client, is their contacts and involvement always wecome the opportunity to discuss a areas. Contrary to popular belief, it is not possible private sale. To that end, we currently just the localestate agents that contribute to have a number of searches in and around the supply of off-market options provided to Cheshire, including the areas of Alderley Edge and Knutsford. Equally, with so little prime property openly available for sale at the moment, some sellers have become wary about selling to0 quickly and then not finding of sources including solicitors, tax advisers, anywhere to move to. Selling quietly to a patient buyer offers both certainty of sale and confidence to look in earnest for a new home property finders. Discreet information regarding properties available to purchase away from the open market can come from all manner landscape gardeners, interior designers or architects, for example. Having been offered off-market opportunities, clients of a property-finding firm can enjoy preferred buyer status. This is due to a seiler or their agent taking comfort from the fact that the buyer has chosen to be represented in their search, which further underlines their commitment to a transaction. without the usual pressures. Good news for buyers? a property off-market sounds appealing for a buyer as the property will usually be freshly available and there will be less or no competition from other buyers. However, buying off-market can come with compromises. Sellers will often expect more flexibility with timescales, as they most likely will not have found a property yet themselves, and they will expect to achieve a full price, to prevent the property from being formally marketed and made Why do sellers choose off-market? In situations where a seller only wants to There are no hard and fast reasons why certain homes are sold off-market, but likely influences will be the prevailing market conditions and a seller's personal circumstances. Over recent years delicate and private sales resulting from death, divorce, debt, or being well known locally, are frequently cited as motives for keepinga reveal their intention to sell to a select number of people, property finders are towards the top of the list to be notified. Whilst finding the right property to purchase in prime Cheshire areas is likely to remain challenging, it is by no means insurmountable with the right experience, contacts and access to all options in the market. If you are considering your moving options in 2021 and would like further information on how Garington can save you time and money making the right decision, contact David Lewis: 01565 818110 + info@garrington.co.uk + www.garringtonnorthwest.co.uk