Real Estate

What Is An Off-Market Listing?

Another late night Zillow binge and you are certain you’ve seen every available home.

Think again. At least 10% of all local transactions close off-market. Those dream properties you assumed didn’t exist? They do, you’re just not seeing them.

Off-market listings are homes for sale that aren’t publicly advertised on MLS platforms like Zillow or Redfin. Instead, they trade quietly through exclusive networks, private agent connections, and direct outreach. If you’re serious about getting ahead of the competition, tapping into the off-market world is essential.

WHY WOULD A SELLER LIST OFF-MARKET?

Not every homeowner wants their property all over the internet. For some, privacy is paramount. For others, it’s a strategic move. Here’s a few reasons why sellers choose to list off-market:

  • Testing the Waters Without the Pressure – Listing off-market allows sellers to gauge buyer interest and pricing without officially accruing days on market. If the right offer comes in, great. If not, they can go public later, without the stigma of a stale listing.
  • Privacy, Please – Celebrities, high-net-worth individuals, and even your neighbor down the street may prefer discretion. An off-market sale keeps the home’s address and interior photos off public platforms, limiting exposure.
  • Less Disruption – Selling a home while living in it can be a hassle. Off-market sales mean fewer open houses, fewer showings, and fewer strangers walking through your space.
  • Exclusive, High-Intent Buyers – Off-market listings only attract serious buyers who are actively working with well-connected agents. Fewer looky-loos, more real offers.

THE OFF-MARKET ADVANTAGE FOR BUYERS

For buyers, an off-market purchase isn’t just about exclusivity – it’s about opportunity. Here’s why finding a home before it hits the market can be a game-changer:

  • No (or Significantly Less) Competition – Forget bidding wars and frantic over-asking offers. Off-market deals often allow buyers to negotiate without the pressure of multiple competing offers.
  • Better Pricing – Less competition can mean better pricing. Sellers may accept strong, reasonable offers without the frenzy of public market dynamics driving prices up.
  • Access to Coveted Homes – Some of the most architecturally significant, design-forward, and highly sought-after properties never make it to MLS.
  • More Negotiation Power – Without the public scrutiny of a listing, buyers may have more room to negotiate favorable terms, from price to contingencies.

HOW TO FIND OFF-MARKET LISTINGS

This is where working with the right agent matters. Accessing off-market properties isn’t about clicking around on a website, it’s about who you know. The best agents have built strong relationships with other agents, developers, and homeowners, giving their clients access to deals that never hit the public market. Off-markets are most commonly shared within an agent’s brokerage, so that matters too. Compass has the largest network of off-markets, thanks to our position as the #1 brokerage by volume on the Westside, in all of Los Angeles, and all of Southern California.

If you’re serious about finding the right home, you need an agent with deep connections and an insider network. Our team has direct access to a vast network of exclusive off-market opportunities. If you’re ready to elevate your home search, let’s connect.