Get the Best Listings Before Other Homebuyers
Did you know that over 50% of all available homes for sale are considered “off-market”? An off-market home for sale in Pasadena is one that isn’t listed on the MLS. Also known as “pocket listings” homeowners can have varied reasons for keeping their homes off the market. Some may wish to protect their privacy or save on the realtor’s commission.
Others may even keep their home off the market to increase exclusivity in hopes of driving up the price. Whatever the reason, because these listings are harder to find there is less competition for them. With less competition comes lower prices. You can get a great deal on an off-market home with a little research and some legwork.
Below, we describe 5 ways you can discover off-market homes in your area:
- Online search
- Ask the homeowners directly
- Search public records
- Attend live auctions
- Use a realtor
1. Online Search
Did you know that you can find off-market homes online? While they aren’t listed on the MLS, you can find off-market homes by checking newspaper classifieds. Another route is to sift through Craigslist or Facebook Marketplace.
It’s worth noting that going online will be most homebuyers default, so competition for the listings you find may be greater than other methods.
2. Ask Homeowners Directly
Another way you can find off-market homes is by asking the homeowner directly. You can drive around and look for “For Sale By Owner” signs in the yard. You may also be able to tell which homeowners would be interested in selling if you notice signs of needed repairs or obvious neglect.
However, not everyone is comfortable approaching strangers. In that case, you can try a direct mail campaign. This can be as simple as a handwritten inquiry with your name and contact information placed inside the mailbox.
Because this route is time-consuming and requires a lot of effort, the homes for sale you find will probably not have as much competition as publicly advertised listings. This means that you may be able to get a great deal on your next home simply by cruising the neighborhood!
3. Search Public Records
By searching public records, you can find homes that are in danger of foreclosure before they are marketed. Sometimes the homeowner will accept an offer on their home to prevent going through the foreclosure process. This is a great way to cut out the competition.
But, searching public records for off-market homes for sale in Pasadena is time-consuming and, with no way of knowing when new information is listed, something that would have to be done repetitively. Also, it’s important to note that these properties aren’t for sale so you may be wasting your time following up on any particular listing.
4. Attend Live Auctions
Property auctions have homes that have gone through probate or been repossessed by lenders. These homes are a great way to find property that hasn’t already been offered to others.
There are drawbacks to this method. Usually auctions are all-cash and you are buying the property “as is”. The property may also have outstanding liens or issues with title that can be a dealbreaker. Most people are not willing to take such a gamble when it comes to their home.
5. Use a Realtor
The best way to find off-market listings for sale in Pasadena is to work with an expert realtor. A realtor can provide you with accurate information about legitimate properties whose home sellers are motivated to sell. This is without jumping through hoops and wasting your valuable time finding them. When you have a realtor you trust, you can be confident in their expertise and find your dream home faster and easier.
Off-Market Homes for Sale in Pasadena with Rudy Kusuma
When you’re ready to find the best off-market listings, it’s time to contact your real estate professionals at Your Home Sold Guaranteed Realty - Rudy Lira Kusuma Real Estate Team. We take the legwork and uncertainty out of finding off-market listings. And, when you create a profile in our Exclusive Buyer Profile System, you’ll save time and money.
With all the hard work done for you, all you have to do is pick the right home and pack!
At Your Home Sold Guaranteed Realty - Rudy Lira Kusuma Real Estate Team we go one step further in providing you with the ideal real estate transaction. We make sure that you get the best possible deal on your next home. We are so confident that you will get the home of your dreams for the right price that we guarantee it! When you start your relationship with us, don’t forget to ask about our stellar Seller Guarantees you won’t find anywhere else!
To get started today, call us at 626-789-0159 or contact us here. We can’t wait to find you your next piece of paradise!
