Boston condo Off-market ‘deals’ are for suckers.

Boston Condos for Sale and Apartments for Rent

Boston condo Off-market ‘deals’ are for suckers.

For 100+ years, Boston real estate agents have worked together to share their listings of homes/condos for sale with other agents. I sell yours, and you sell mine. We call it broker cooperation.

It works great. Why mess with it?

Selling Boston condos for sale on off market is a gimmick. You see more and more agents using it as their pitch to attract Boston condo for sale buyers – and sellers.

What is the allure?

There better be only one reason that off-market sales exist.

It’s to attract buyers who purchase through the listing agent

TWO WAYS TO SELL A BOSTON CONDO FOR SALE:

Either put an attractive price on the home and let every buyer compete for it in an auction-like setting, or price it high and hope a sucker goes for it.

You made a written promise to share your listings with every other agent in the MLS system.

But you have a fiduciary duty to your sellers, and a promise to other realtors, to put your listings on the open market so everyone gets a crack at them.

Seller agent is the big winner.

Everyone else benefits from open-market activity.

Boston condo Off market ‘deals’ are for suckers.