LADERA RANCH REAL ESTATE | OFF-MARKET VS. OFF THE MARKET: TRICKY REAL ESTATE

DISTINCTION

They’re available for purchasing, being offered to buyers and, quite simply for sale. That makes the term “on the market” fairly straightforward and simple to understand.

One would naturally assume that the terminology “off the market” would be just as simple. And, by and large, it would be were it not for the other commonly used real estate term, which is “off-market”.

Consumers often confuse the two. This confusion can also be compounded by the facts surrounding the outcome of a Ladera Ranch real estate property being taken off the market, which often produces a number of varied results.

If a listing displays the saying “under contract”, then effectively the property is off the market, a seller could withdraw their property from the market if they feel that the market might not be active enough to justify their selling efforts currently.

Due to the fact that the Internet forgets nothing, off the market properties could still keep popping up onscreen during an online search for Ladera Ranch real estate. This especially occurs when certain national sites fail at removing outdated listings in a timely manner.

The good news is that your Ladera Ranch Realtor has the ability of keeping you up-to-date at all times on any local property’s status currently.

Though, off-market can be utilized as an off the market synonym. They might be used by a national website or two to describe properties that are upcoming although they haven’t been listed yet. This terminology is used more often to describe properties that are for sale, but are not going to be publicly advertised.

Celebrities will often resort to this kind of arrangements with their broker for the purpose of discreetly selling their property because they are always fighting so hard to remain out of the limelight publicly. In some cases, high-end properties are silently proposed for sale to other brokers and they are referred to as “pocket-listings”.

No matter whom you are; if you’re thinking about your options in real estate, a no-obligation consultation with me will be treated with the utmost confidentiality, so give me a call today so we can get started.

CONTACT USAmy Sims, REALTOR®

http://www.amysims.com

ADDRESS

28051 Greenfield Drive, Suite A, Laguna Niguel, CA

PHONE

949-559-5959

EMAIL

amysimsteam@gmail.com