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Reply to "How often are homes being sold before going on Redfin?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]A brokerage advertises it privately to only their clients. This is how many properties sell In my hot non-DMV area. [/quote] I hear this a lot. Why would sellers agree to this? It seems like they’d potentially be leaving a lot of money on the table by limiting the buying pool so drastically.[/quote] Not necessarily. It depends. If the brokerage you are listing with has a lot of interested buyer clients and you and your agent have a good sense of what the property should go for, it can make sense. With certain properties -- for example the really high end ones -- it's not going to be getting real, active buyers at the open house. That will be the looky-loos. For less rare properties, an open house or at least an active MLS listing for a few days will probably make more sense. [/quote]
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