There are many ways to sell a home. Most owners follow the traditional route and list their home using the local multiple listing service to market it publicly. But some people are choosing to do private, or off-market, transactions.
Off-market deals, in which a house is never listed publicly, are the preferred method for many ultra-high-end or privacy-conscious sellers to go to market, but they may be leaving lots of cash on the table
The U.S. mortgage market involves some key players that play important roles in the process. Here’s what investors should understand and what risks they take when investing in the industry. WSJ’s Telis Demos explains. Photo: Getty Images/Martin Barraud Private transactions arise in several different scenarios. In tight markets, where the inventory of available homes for sale is low, intrepid real-estate agents may try to drum up business through mail or phone solicitations or even by knocking on doors to advise homeowners, who may not be thinking of selling, that they have buyers for their home. Many times, when owners hear how much their home is worth, they jump at the chance to sell privately.
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