Searching for a new home in an unfamiliar area is one of the most stressful experiences in life. You can avoid the hassle of searching for the perfect place by connecting with real estate agents who have access to off-market listings.
Off-market or pocket listings are soon-to-be-sold homes that bypass the traditional process of public listings to solicit new buyers. Instead, in-the-know real estate agents introduce (lucky) buyers directly to the property, resulting in more rapid sales and access to unique properties before broader market awareness.
The following five strategies are worth considering if you would like to find an agent who can help you access such real estate listings.
1. Network with Local Real Estate Professionals
Engaging with real estate agents, brokers, and appraisers who are well-connected in your desired area can be invaluable. These professionals often have insider knowledge about off-market properties that may soon be available for sale. You can network with them at local fundraisers or Chamber of Commerce events, and fast-track your chance to gain early access to these listings.
2. Join Real Estate Forums and Groups
Becoming a member of local real estate forums, such as an Investor's Forum, can expose you to a wealth of information and opportunities related to off-market properties. These groups often share leads and insights about properties that are not publicly listed.
3. Contact Top Real Estate Agencies
Reach out to reputable real estate agencies known for their expertise in off-market transactions. Agencies like The Agency, REAL New York, and Cooper & Cooper Real Estate have strong networks and may offer exclusive access to off-market listings. Alternatively, services such as Buying Privately can help connect you with agents in your area.
4. Utilize Online Resources
Explore online platforms and websites that specialize in non-MLS listings, such as Zillow's off-market programs or other online classifieds. These resources can help you identify potential properties and connect with agents who handle off-market sales.
5. Directly Approach Homeowners
If you have a specific neighborhood in mind, consider reaching out to homeowners directly. This approach can involve sending mailers or even door-knocking to express your interest in purchasing a property that may not yet be on the market. This proactive strategy can sometimes uncover hidden opportunities.
