What is a pre-market property?
By the Match My Move team · Published
A pre-market property is a home that has not yet been listed on the major property portals. In the Match My Move process, matching can begin when a seller calls an estate agent for a valuation. The agent enters the property details and can contact buyers whose searches fit.
When can a property be matched with buyers?
On Match My Move, an agent can create a property search as soon as a seller calls for a valuation. The property details are compared with registered buyer searches, giving the agent a way to identify potential buyers before the property is listed on the major portals.
The relevant details include the location, budget, bedrooms and requirements that buyers have saved. Matching connects those requirements with the property details entered by the agent.
How is this different from waiting for a portal listing?
A portal listing gives a buyer a publicly advertised property to find. Pre-market matching starts with a buyer's saved requirements and the information entered by an agent before that listing appears.
For a buyer, the practical difference is that an agent may contact them about a matching home rather than the buyer first finding an advert.
What should a buyer register?
Register what you are looking for, including your location, budget, bedrooms and specific requirements. Keep your profile complete and your search relevant to your current plans.
Your contact preferences remain yours to choose. Match My Move lets buyers decide whether estate agents can contact them and update or delete their information.
Where does Match My Move fit?
Match My Move provides the connection between a registered search and an agent's property details. The agent can view suitable buyers and contact them directly. Buyers do not need to call every agent separately to repeat the same requirements.
Pre-market describes when this matching happens. It is not a promise that a particular home will be available or that every search will receive an agent's contact.