Secret Home Buying Channels Revealed by Recent Purchasers
Off-Market Listings: A Hidden Gem
Off-market listings are properties not publicly advertised on the Multiple Listing Service (MLS). These listings are often shared through private networks or real estate agents with insider connections. Buyers who tap into this channel can find homes that others might miss, reducing the bidding wars typical of on-market properties. According to a recent survey, off-market deals can sometimes result in a 5-10% reduction in purchase price compared to similar properties listed on the MLS1.