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[quote=Anonymous]There are a lot of reasons why someone might want to sell in Private Exclusive.

1. They want to test the market at a higher price and not rack up days on market on the MLS which can be a negative in a buyer's eyes.

2. They aren't quite ready to go on the open market yet (haven't totally decluttered or whatever) but they want to take advantage of a busy season.

3. They are private people with wealth and only want their property marketed to specific buyers.

4. There are tenants in the property who are moving soon. Tenanted properties generally don't show as well as owner-occupied ones.

5. Any number of personal privacy issues.

I could go on. That said, if the property is listed privately, it's not supposed to have a sign. That is against the MLS rules (around here).

I can tell you though, Compass does not do PE to sell to its own buyers. Plenty of agents from other brokerages get notifications about PE listings. And the agent community in DC is pretty small. If you have a buyer looking in a specific area, you generally know who to ask from various brokerages about private listings.[/quote]

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