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Off Market Real Estate

5/23/2025

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Off-market real estate refers to properties that are not publicly listed on the Multiple Listing Service (MLS) or major real estate websites like Zillow or Realtor.com. These are also called “pocket listings,” “quiet listings,” or “exclusive sales.”

What Is Off-Market Real Estate?
These properties are sold through private networks such as:
  • Direct owner-to-buyer sales
  • Investor groups or wholesalers
  • Agent-to-agent communications
  • Real estate auctions or foreclosure processes
  • Real estate investment platforms

Why Sellers Use Off-Market Sales
Privacy: Avoid public exposure or nosy neighbors.

Testing the Waters: Gauge buyer interest without commitment.

Faster Sales: Serious, qualified buyers only.

Less Competition: Attract exclusive or cash buyers.

Financial Difficulty: Often tied to pre-foreclosure, probate, divorce, or tax issues.

Why Buyers Seek Off-Market Deals
Less competition = better negotiation power

Lower price potential (especially with distressed sellers)

Early access to inventory before it hits the market

Unique opportunities in hot or low-inventory markets

How to Find Off-Market Properties
1. Network with Real Estate Agents
Some agents specialize in pocket listings or know owners who may sell.

2. Direct Mail & Cold Outreach
Send letters or postcards to homeowners in areas of interest.

3. Driving for Dollars
Look for signs of distress (vacancy, neglect) and contact owners.

4. Real Estate Wholesalers
They often find and assign off-market deals for a fee.

5. Real Estate Auctions
Some properties are sold before public MLS listings via trustee sales or courthouse steps.

6. Online Platforms
Sites like:
  • OffMarketDeals.com
  • CREXI.com (for commercial)
  • Roofstock (single-family rentals)
  • Local Facebook groups or Craigslist
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