What to look for in off market deals

What to look for in off market deals

Canton OH · Member since 2019 · 41 posts · 39 votes

I often hear about how great off market deals can be, but never found any until recently. The past 2 days I have come across two different off market deals. Now I have a few leads and am nervous - why are they off market? My local market has extremely low inventory and single and multi family houses are selling very quickly. I have made a few deals but everything has been listed on the MLS. What should I be looking out for with off market deals? Are there some 'red flags' that I need to pay closer attention to than a deal listed on the MLS?

Thanks in advance for the advice!

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  • Matthew NicklinBusiness Member
    Real Estate Agent · Woodstock, GA · Member since 2018 · 254 posts · 255 votes
    6y

    Where did you find these "off market deals" most of the time when people refer to off market deals they mean direct to seller. Occasionally it may mean a wholesaler is involved but they went direct to seller which is why it is not listed on market. 

    The best off market deals are going to be direct to seller with a highly motivated seller. 

  • Canton OH · Member since 2019 · 41 posts · 39 votes
    6y

    Both would be direct to seller. One I met through the title company I closed with earlier this week and the other I started talking to as I am looking for contractors. 

  • Canton OH · Member since 2019 · 41 posts · 39 votes
    6y

    @matthew\\\

    Both would be direct to seller. One I met through the title company I closed with earlier this week and the other I started talking to as I am looking for contractors.

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