Off-market properties offer unique opportunities for homebuyers.

Today, we'll discuss off-market properties, their sources, and how to access them. 

In real estate, “off market” can mean two things: (1) that a home is not for sale; or (2) that it’s for sale and not listed. Most generally, “off market” means that a property wasn’t listed on the MLS by an agent.  According to the National Association of Realtors (NAR) 2021 Home Buyer and Seller Generational Trends Report, 11% of all sellers find their buyer without listing their property, and off market sales tend to be highest in areas where the housing market is most competitive.

Off-market opportunities can arise for a variety of reasons, such as homeowners needing quick cash, requiring job relocations, inheriting properties, dealing with tenant issues, and more. 

Brokerages like Good Company Real Estate often attract these sellers. We collaborate with investors and wholesalers, further expanding our network for such off-market properties. While auction properties offer another avenue, we'll delve into that in a separate discussion.

If you require coaching or assistance with off-market properties, please don't hesitate to contact our team.”

The terms needed when purchasing off-market properties can be complex, usually involving cash or hard money lenders, limited or no inspections, and non-refundable earnest money. It’s important to work with a reputable company in the wholesale and traditional real estate sectors like Good Company Real Estate.

You never know how many potential sellers might be out there who want to hear your offer—especially if you can buy in all cash. We actively market homes suited for this type of sale, reaching out to our investor group via email blasts. If you're interested in being part of that list, let us know.

For any questions or inquiries regarding off-market properties, please call or email us today. We’re experienced and here to help.