ᐅ Are good properties now mostly being sold privately?

For about four weeks now, I have found almost no new interesting condominiums available in my target area (neither in newspapers nor on relevant websites). There are a few listings that have been on the market for months, which I have personally visited and found to be completely unappealing and overpriced. I have been registered with several real estate agents for about two years, but in the last few weeks, almost nothing new has come up.

Do you think it makes sense to place an advertisement like "Looking for a condominium, 3-4 rooms, region XY" or to actually keep bothering all the known agents by calling them again? Or does it mostly happen through personal networks, regular meet-ups, and parent groups?

Hello "Bauanfänger36".
If you could specify whether you want to buy or rent, it might be possible to give a more relevant answer.
But as it stands, buying and renting are two completely different things, each with its own background.
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Regards, KlaRa

There is definitely a market outside of the online portals, and I believe it is actually larger. Family, neighborhood, and other networks are probably the most important channels for selling quality properties. The problem with the portals is that after posting the listing, 25 young couples sign up to visit over the upcoming weekend – real estate tourism.

We once tried an ad in the local paper: solvent academic couple with two children looking for.... There were exactly zero calls.

@KlaRa: I want to buy a condominium. At the same time, I’m also considering whether I could build a kind of "single-family house"...

@Knallkörper: I’m also thinking about placing an ad. But spending 50 euros for 2-3 times in the newspaper and then getting zero calls just seems pointless somehow :-(

I would also try it on Ebay Classifieds.

Best regards
Sabine

Know who to contact when a unit becomes available: property managers (who are not always real estate agents), building caretakers, home care services, funeral directors. Tax or financial advisors are also aware but do not have a surplus of offers. Even for bank repossessions, waiting lists are full. Advertisements don’t help – or result in unwanted calls.

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