When exploring the nuances of real estate, the concept of an “off-market Sale” is intriguing and beneficial under certain circumstances. For standard sales, properties are listed on the Multiple Listing Service (MLS), a public database for realtors and buyers. This exposure is not always desired or necessary, leading some to choose an off-market approach.
An off-market sale means the property is sold without listing on the MLS. This option appeals to sellers for various reasons, often revolving around privacy and discretion. For instance, a homeowner might wish to avoid the public attention that comes with open houses and online listings. Alternatively, they may prefer their realtor to network with a select group of trusted agents to find the right buyer.
Another compelling reason for off-market sales can be the property’s condition. A house requiring significant repairs might not present well in a competitive market. Elderly homeowners might also opt for this method, as they might be more vulnerable to the stress and safety concerns associated with numerous strangers visiting their homes. Some sellers are not actively looking to sell but are open to offers if they meet specific prices and terms, making an off-market approach more suitable.
An essential aspect to consider is the potential trade-off regarding sale price. While off-market sales might not consistently achieve the highest market price, they can result in quicker sales and more favorable terms in specific markets, especially when inventory is low.
Consulting an experienced real estate professional is crucial for those contemplating an off-market sale. One such expert is Robbyn Battles, a Broker Associate at JohnHart Real Estate. With over 35 years of experience in real estate, Robbyn brings a wealth of knowledge and expertise. Her understanding of the intricacies of both traditional and off-market sales can guide sellers through this unique process. You can reach Robbyn Battles at 818-388-1631 or visit thehouseagent.com for more information.
Watch Robbyn’s video and get more details about selling your home Off market. Click here
🌐 Sources
- johnhartrealestate.com – Robbyn Battles Expert Broker Associate 888-550-4440
- thehouseagent.com – Robbyn Battles: Find Homes for Sale in La Crescenta, CA
- realtor.com – Robbyn Battles – La Canada Flintridge, CA Real Estate Agent
- nextdoor.com – Robbyn Battles The House Agent, JohnHart Real Estate 21
- zillow.com – Robbyn Battles – Real Estate Agent in La Crescenta, CA
- facebook.com – Robbyn Battles The House Agent