What defines an off-market property?
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About 11 months ago
Marsha, Great question! An off-market property is referring to a property that is neither listed or advertised publicly for sale. This means that it is not listed on any multiple listing services (MLS like HAR), or online listing platforms such as Zillow, and there generally aren't even any real estate agents involved. So then, one might begin to wonder how something would even get sold if it is not being traditionally marketed right!? Most typically these properties are marketed and sold privately through direct peer to peer networking. This is most common through very large investor groups/networks. If you have any other questions or need more in depth information, feel free to reach out to me! codysellsproperty@gmail.com 346-412-6603
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DislikeAbout 11 months ago
An off-market property refers to a property that is not publicly listed or advertised on the open market. It is a property that is available for sale or rent, but its availability is not widely known or promoted to the general public through traditional marketing channels such as real estate websites, listing portals, or public advertisements.
Disclaimer: Answers provided are just opinions and should not be accepted as advice.
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