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Off market properties, or pocket listings, are properties that are off the market. These properties are not public. This means that the investment properties are not publicly advertised through an MLS, Multiple Listing Service, or a real estate agent .
LoopNet.com operates the most heavily trafficked online listing service of Investment Properties in U.S. and Canadian markets with over $425 billion of commercial real estate for sale and 6.3 billion of commercial real estate space for lease.. This page includes just a portion of the many off-market listings showing sales history of commercial listings on LoopNet.com.
We’ve written quite a bit about the benefits of off market properties, especially as it relates to commercial brokers and investors.. But, benefits aside, one question looms:How do you find off market property owners that are motivated to sell? Below, we’ll explore that question and run through the best practices for finding motivated sellers of commercial real estate.
They are then, an off-market property. An off-market property can also be a property that the owner is thinking about selling, but has not actively begun to pursue the sale. The definition may be wide. But regardless, off-market real estate properties are great deals to find. They mean less competition, quicker sales, and better deals overall!
There are a number of ways to find off-market commercial properties (referrals, direct mail, cold calls, bird dogging, driving neighborhoods, etc.) but, by far, the most effective method to locate these properties is through solid relationships with commercial brokers.
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To get access to our off market properties, click on BUY OFF THE MARKET to be placed in our list of Buyers. If you have a property and want to sell it, but don’t want to list it, click on SELL OFF THE MARKET.
Dave Shorr has many years of experience in real estate and he decided to continue his real estate career with CCB in 2015. He is a great source for locating "Off Market" properties nationwide. Dave Shorr