Vinny Steo
Vinny Steo
Owner/Broker

Are Off-Market Homes in Bel Air Better Than MLS Listings?

Most home buyers will know that they need to look through the MLS listings found on the common real estate websites such as realtor.com, Zillow, and Redfin. While these are often the go-to options, there are other less well-known options that can be used when home buyers work with experienced realtors. These are off-market homes in Bel Air.

The process of buying a new home can certainly be a stressful and challenging one, especially if you do not have the right information, resources, and guidance from an experienced real estate professional such as ours at Your Home Sold Guaranteed Realty - Vinny Steo. One of the many things that can make the task such a challenge is knowing where to look in order to find the right homes which meet your needs and essential criteria. 

At Your Home Sold Guaranteed Realty - Vinny Steo, our team of real estate experts is happy to help you locate off-market homes in Bel Air which can be difficult for regular home buyers to access without the help of a skilled realtor because they are not available through MLS sites. Our realtors are 100% dedicated to being as much assistance as possible to you throughout the entirety of the process, including locating homes which meet your needs.

All You Need to Know about Off-Market Homes in Bel Air

To first get you acquainted with the concept of off-market homes in Bel Air, we will define what exactly they are. Off-market homes, known also as pocket listings or off-market listings, are homes which are available to purchase but are not publicly advertised. A typical home buyer would not be able to find them on the common real estate websites. 

These types of listings could be considered a kind of secret, and getting access to them is an exclusivity usually meant only for realtors. If you can find them, you may be able to see and put in an offer on them before other home buyers will ever even know they are for sale. 

When home sellers are considering selling their properties, some will opt for utilizing the off-market option. Why? Because it presents a great way to keep their privacy from the eyes of the general public. In general, it will be celebrities or professional athletes who will use this strategy. You may also find rental property owners using this option for selling because they don’t want current tenants to attempt to break their leases early or reduce the value of the home. Off-market homes in Bel Air present an easy option to avoid such issues.

Easiest Ways to Find Off-Market Homes in Bel Air

How exactly are home buyers expected to find off-market deals if they are not publicly advertised? Although the easiest and most effective way to find them will be through skilled realtors such as ours at Your Home Sold Guaranteed Realty - Vinny Steo, you may also find other ways to locate them using a bit of research. 

These methods of finding deals include:

  • Direct mail marketing
  • Auction websites
  • Property management companies
  • Real estate wholesalers
  • Pocket listing services

Finding the ideal home for you and your family is a top priority, and our team is dedicated to helping you throughout the entirety of this process. Our realtors will do all of the heavy lifting and happily provide you with all of the resources, information, and tools you need to succeed. With our team on your side, you need only sit back and wait for the perfect home to come your way.

MLS Listings Defined

The MLS, “multiple listing service,” is the most common way for home buyers to find a great property because they are databases designed to keep track of homes that have been listed for sale. They are paid for and maintained by realtors, and, because of that, the information on the websites is free to access by the public, excluding, of course, private data.

The MLS is also quite beneficial to realtors, especially small firms, because it provides an equal foundation on which all realtors can establish themselves and get their listings noticed by home buyers. It keeps competition possible with large brokerage firms.

Main Reasons That Off-Market Homes in Bel Air Better Than MLS Listings

Knowing that off-market homes in Bel Air have limited exposure to the general public, you may be wondering why home sellers would opt for using this route to sell a home. On the MLS, home sellers would get plenty of exposure to potential home buyers and could even have a bidding war begin over their homes. Why, then, would they opt for the off-market route?

There are some very attractive benefits of off-market homes in Bel Air, including:

  • Saving money on sales commissions with the off-market homes in Bel Air since there may or may not be an agent involved. If a realtor is involved, the commission will typically be lower than selling on the MLS listings.
  • Avoiding the hassle of an open house or any home staging which can very often create stress and waste precious time for the home seller.
  • Preventing the general public from cannot accessing these listings and avoiding nosy individuals who have no intention of buying the house from invading their privacy. 
  • Allowing access only to the most qualified home buyers so there will not be any concern over delays or financial problems. 
  • Negotiating a great deal with ample time for both home buyers and sellers.
  • Preventing unexpected surprises with more time to work through contract issues and transaction problems. 

Unlike the MLS, these advantages are only possible through off-market listings. For home sellers, the benefits of off-market homes in Bel Air quite often outweigh those of the MLS, and home sellers should certainly take this option into consideration.

Our Team Will Help You Find Great Off-Market Homes in Bel Air

Whenever you are ready to jump into the real estate market to find a new home, be sure you are searching through the MLS as well as off-market homes in Bel Air. To assist you in this endeavor, our team at Your Home Sold Guaranteed Realty - Vinny Steo is happy to help. We strive to find the absolute best homes for our clients, and we will do all of the work to ensure you do not have to deal with any stress or hassles along the way. You will also have access to all of the information, resources, and tools we have at our disposal.

If you are interested in learning more about off-market homes in Bel Air and getting started with your home buying journey, be sure to give us a call at 410-220-0016 or fill out the form on this page with the requested information. One of our dedicated realtors will send you a detailed response as soon as possible. We can’t wait to hear from you and help you through the home buying process!