Are you aware of “Shadow Properties” or “Pocket Listings” by specific real estate companies, such as Compass or Coldwell Banker?
Answer per Google: “Major residential real estate brokerages maintain proprietary internal portals for off-market or private inventory, commonly referred to as “office exclusives” or “private listings.” Compass has Private Exclusives platform. I also confirmed with my source, a financial advisor, which manages their investments. Google ‘what real estate companies have their own pocket listings’ for more details.
It appears the real estate system is rigged against buyers because viewing all potential homes for sale is not possible unless you work with ALL of the companies.
SOLUTION:
- Talk to many realtors from all types of the top companies.
- I also recommend talking to an independent agent/realtor.
- Ask all of them to include you in any pocket or shadow listings in your desired price and location.
- ONLY allow a realtor to represent you on the SPECIFIC property when submitting an offer, nothing more, otherwise they will try to lock you into a longer term commitment and commission.
Regarding the loan, always shop for the best loan program, rate and lender prior to searching for properties. Pick a lender to get pre-approved. Be ready to submit a shorter close offer for the perfect property.
For the BEST mortgage loans and the lowest rates and fees in all 50 states, call Dan the Man for Mortgages, 714-310-4162.
Rave client review:
“Dan Stone was great to work with and his business model works. I’ve been in the financial industry for over 20 years and purchased a new home via Dan the Man for Mortgages. Dan’s leveraging of multiple lenders and bankers and seeking out the best program to help deliver the lowest pricing is a great asset to prospective home buyers.” -Rob P.
“Dan Stone was great to work with and his business model works. I’ve been in the financial industry for over 20 years and purchased a new home via Dan the Man for Mortgages. Dan’s leveraging of multiple lenders and bankers and seeking out the best program to help deliver the lowest pricing is a great asset to prospective home buyers.” -Rob P.