"Off-market properties are homes that are for sale but not publicly listed on the Multiple Listing Service (MLS). Sometimes referred to as " pocket listings" or "quiet sales ," these properties are marketed privately through agents, word of mouth, or investor networks. For buyers and investors, off-market opportunities can mean less competition and, in some cases, better pricing. According to the National Association of Realtors, 20% of transactions in some markets happen off the MLS, showing the importance of exploring these hidden opportunities."
"Step 1: Work with an experienced real estate agent A well-connected real estate agent often has access to pocket listings and pre-MLS listings through their professional network. Agents may know about upcoming homes before they go live, or they may represent sellers who prefer private transactions. Partnering with an agent ensures you hear about these deals first and get expert guidance on pricing and negotiation. Learn more in Redfin's guide to working with a real estate agent."
Off-market properties are homes for sale that are not publicly listed on the Multiple Listing Service (MLS). Sometimes called pocket listings or quiet sales, these properties are marketed privately through agents, word of mouth, or investor networks. Off-market opportunities can reduce competition and sometimes produce better pricing. The National Association of Realtors notes that about 20% of transactions in some markets occur off the MLS. Effective ways to find off-market deals include working with experienced, well-connected agents, networking with investors and industry professionals, and using specialized online platforms and marketplaces.
Read at Redfin | Real Estate Tips for Home Buying, Selling & More
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