Home sellers have many decisions to make, including listing their home or selling it off-market. While there are benefits to going the traditional route, off-market home sale in Raleigh, NC also has their benefits. Here’s what sellers need to know about selling a house off-market.
How People Sell Off-Market
With a traditional home sale, agents list the home on the MLS system and wait for buyers to come to them. When selling off-market, the homeowner is selling directly to a buyer through any of the following means:
- Selling to a house buying company
- Working with a Realtor who shares the home’s information with private buyers
Homes sold off-market aren’t discoverable unless a real estate agent is given information from the seller or agent.
How Buyers Are Found
If the homeowner isn’t selling to a house-buying company, they must find interested parties another way. That’s why homeowners should work with an agent to help put them in contact with private parties interested in purchasing off-market or “pocket listing” properties.
Many who buy off-market homes are investors looking to snatch up a good deal before others have an opportunity. These buyers won’t generally offer the most bang for one’s buck. However, investors move the process along faster for people who need to sell their homes quickly and get some cash in hand. For these reasons, more people choose to work with house-buying companies for an off-market home sale in Raleigh, NC.