Steal These Insider Secrets to Source Off Market Properties
Why Off-Market Properties Are Attractive
The primary benefit of off-market properties is the potential for cost savings. Without the pressure of competing bids, buyers can often negotiate more favorable terms. Additionally, these properties might be priced more attractively since sellers often seek a quick and discreet sale. According to a study by CoreLogic, off-market transactions can sometimes yield a 5-10% lower purchase price compared to those listed on the MLS1. Furthermore, off-market deals allow buyers to explore unique properties that are not widely available, providing an edge in a competitive real estate market.