April 13, 2023
When searching for your dream home, it is important for your real estate agent to utilize every resource they have. When sellers list their homes for sale, listing agents will typically market them publicly to ensure maximum exposure. However, this is not always the case. Sometimes sellers refrain from listing their homes publicly and instead, have their agents market them as pocket listings. Also known as off-market listings, these homes are ready to be sold, but they are not shared on popular listing websites like Redfin or TheMLS. Pocket listings spread through word of mouth and through real estate agents’ personal networks. These listings are favorable when the sellers wish to maintain their privacy or do not want to deal with the typical listing protocol (showings, open houses, public photos, unserious buyers, etc).
Before potential buyers can tour pocket listings, the listing agents will often check to make sure they are financially qualified to purchase the home and are serious about making an offer. This ensures that no one’s time is wasted. In order to successfully source pocket listings, it is important for your agent to have expansive connections with their own clients, other agents, and knowledge of specific neighborhoods. It is these connections that provide more opportunities for finding dream homes that are not publicly listed.
As an agency that specializes in pocket listings, NDA Real Estate will go above and beyond in finding your dream home. If we cannot find your dream home online, we will reach out to our personal network and source homes that have either yet to hit the market or have hit the market but are being marketed privately. We have helped many clients successfully find and purchase their dream homes by using this strategy. If you have been searching to buy a specific kind of home, but cannot find it online, please reach out to us by filling out this form. We will begin our off-market search for your dream home right away!
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