In real estate, “off-market” refers to a property not publicly listed for sale on the Multiple Listing Service (MLS) or other traditional marketing channels. Instead, it is typically sold privately, often through word-of-mouth, personal connections, or exclusive networks. Sellers and agents don’t advertise off-market properties to the general public. Their availability is usually known to a select group of potential buyers or their real estate agents.
You may see a property listed as off-market if you’re using a real estate platform like Zillow or Realtor.com. In this case, the platform’s current data shows the property isn’t for sale.
Just because a property is listed as off-market doesn’t mean it isn’t for sale.
If you’re new to the idea, you may wonder:
- Why would a seller keep a property off-market?
- What are the pros and cons of selling your property off-market?
- Why do investors look for off-market properties?
- How do you find off-market properties?
This guide to off-market real estate will answer those questions and more.
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