Off Market Property?
Some investors will ask me if I have any off market properties?
Why? If it is off market, then it is not available to purchase.
Why would you care about something that you can not purchase?
Or, by off market, do you mean not listed by a real estate agent and not advertised on the multiple list?
In other words, not listed by a real estate agent who would be looking out for the interests of the owner, someone who would assure that all necessary disclosures are in the contract, someone who would provide a competitive market analysis to determine a reasonable price, someone who could point out clauses that are designed to tie up the property and provide outs to the buyer if they can not find another buyer to whom they could assign the property, and clauses that are simply not in the best interests of the owner.
In other words, not on the multiple list, where free market principles can provide multiple competitive offers as compared to a single individual's offer, which is designed to eliminate all competition.
By off market do you really mean ripe for ripping off the owner.
Or, maybe off market is just an oxymoron and I am reading too much into it.
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