How The Desire For Privacy Impacts the High End Real Estate Market!

I also understand why this would be very desirable for certain clients. Interesting premise...

Good evening Ron and Alexandra Seigel ,

Everyone has the right to list their home the way the want and if safety is an issue with their family this takes precedence over listing in the MLS.  Being safe rather than sorry rules!

Hi Ron and Alexandra- it's certainly understandable.  It's already a necessary invasion of privacy for anyone to have their home on the market. but, I'd imagine that especially so when you're dealing with a high end property. 

In my opinion, this is going to be a growing trend Ron and Alexandra Seigel 

Sounds like a James Bond movie to get into these homes if you're invited to dinner.

My wife and I finally moved in August to a place where we get true privacy however sometimes it gets lonely Ron and Alexandra Seigel 

Ron and Alexandra, IMastiffa Mastif and a Sherphard, no problems.

OK .. I will just say, we have listings from $80 million to $300 million and these high net worth sellers understand that if they want to sell at these price points the word has to go out Globally there are less than 10,000 people world wide who can afford  these homes and having a private network is .... well  you know...Endre

Good morning A.

Now  you've got me to thinking of where I  can find that outlet.  Is there a price point at which one is invited?

I can understand sellers wanting their privacy. Thanks for sharing . 

Hi Ron and Alexandra Seigel - I enjoyed reading this post. I tucked it in my memory banks.  We have many celebrities who own property here in Sedona but nobody talks about it (out loud). I did not know about pepper spray in the ceiling. Fortunately security is not an issue here...which is wonderful!

Good morning Ron and Alexandra. I think that networking with others in this situation makes a lot of sense.

Those pocket listings may violate the rules of some MLS systems.

Funny, it seems like in all aspects of life people are putting up walls. Young people use the Internet to keep a wall between them and the world...the rich just use their $$$

I have seen this practice already in Spain.

For those worried about violating MLS rules, well, it doesn't violate any MLS rules if it's not in MLS. In fact, our MLS has a separate clause in our contracts that we can initial if it's not placed in MLS. There is no law that says all listings must go into MLS. And in some cases, it's better not to.

Further, if they are not in MLS, the sale is not reported in MLS. There are also ways to keep names and sales prices out of the public records all together.

Ron and Alexandra, this was going on for many years, at least, they will now be listed in one place. I read about it in Inman News a couple of months ago. 
I listed and sold the home of a very well known person in Central FL, marketing it without MLS entry isn't that much different, there are other platforms. I don't blame the rich and famous for wanting to protect their families and privacy.

Very interesting topic that needs to be brought to local State MLS Boards for review. Thanks for raising awareness here on ActiveRain. That's what I love about this Platform!