
Dream property: How to find hidden gems
There are not always enough listings on real estate portals to find the right property. People looking for real estate often struggle with missing out on many listings because they are traded under the radar and are not visible on public marketplaces.
The power of word of mouth: real estate sales in rural areas
In rural areas or smaller communities in particular, word-of-mouth advertising is a common way of finding a new buyer for a property. A casual conversation with the villagers can sometimes provide unexpected insights. After all, if there is news in the village, they are the first to know.
If a sale is agreed, you will often be able to purchase the property directly from the seller and, with a suitable financing option at hand, you are unlikely to be turned down by the owner.
In addition, with this option, the number of potential buyers is likely to be limited, as these transactions take place discreetly and away from the public market. Price negotiations are therefore often the order of the day.
Use traditional methods of searching for real estate
Sometimes it makes sense to use tried-and-tested methods when searching for real estate. By studying local notice boards, whether in the supermarket, at the baker's or the butcher's, you can still find apartments or houses that you would not have found elsewhere, even in the digital age.
Another option is to explore the neighborhood on foot. Price tags can provide helpful clues. A direct call to the relevant real estate agent could increase your chances of becoming the preferred buyer. Another option is to search on foreclosure portals.
In addition, searchers should always ask around in their private network, such as colleagues and friends or social media, because often the best opportunities are closer than you think.
As a property seeker, you can also take action yourself: place an advertisement in all local newspapers and publish your search online on various platforms. Print out notices and post them on notice boards in your city.
Rely on expertise: a search request with a real estate agent
The best way to gain access to "invisible" properties is to contact a professional real estate agent. After all, finding properties that are hidden from the market is definitely easier for a real estate agent, whose professional success depends on their precise knowledge of the local market, than it is for you.
A regional real estate agent in particular is well informed thanks to their many years of experience in the local market. They also have easier access to hidden real estate offers than you do. Many properties that never appear on the major portals are in real estate agents' networks because they are already sold before they appear there.
You can also create a search request on an agent's website and have the agent search for a property according to your criteria. Your advantage: newly acquired properties that match your search profile will be offered to you first, before other interested parties even see them.
Are you looking for a property or assistance with buying a property? Contact us! We will be happy to advise you.
Notes:
For reasons of better readability, the generic masculine form is used in this text. Female and other gender identities are expressly included insofar as this is necessary for the statement.
Legal notice: This article does not constitute tax or legal advice in individual cases. Please consult a lawyer and/or tax advisor to clarify the facts of your specific case.
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