Market Terms
Off-Market Property
Property for sale not publicly advertised
Full Definition
Off-market properties are sold without public advertising on Rightmove, Zoopla etc. Sources include direct-to-vendor letters, networking, estate agent relationships, and property sourcers. Off-market can offer less competition and potential BMV opportunities, but requires more effort to find.
Related Terms
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Analyse a PropertyMore Market Terms Terms
Below Market Value (BMV)
Property priced lower than comparable sales
Comparable/Comps
Similar properties used to estimate market value
Auction Property
Property sold through public bidding process
Property Sourcer
Person who finds investment properties for fees
Rent-to-Rent (R2R)
Renting property then subletting for profit
Rental Demand
Level of tenant interest in an area