What does off market mean?

[Vpaunuares]

Hello, I’ve been browsing property listings and I often see the phrase what does off market mean. Does it mean the property isn’t publicly listed? How do buyers find off-market deals? Is it better or riskier compared to regular listings? Any insights would be appreciated!

 

[alexmetro]

Yeah, off market usually means the property isn’t publicly listed on sites like Zillow and is sold privately through an agent or network; buyers often find them through real estate agents or word of mouth, and they can be great deals but you just have to trust your source and do a little extra homework.

 

[Peter]

Off market means a property that is for sale but not publicly advertised on real estate websites or listing platforms. These properties are sold privately through agents, direct contacts, or exclusive networks instead of being listed for everyone to see.