Welcome to our quick and easy guide for finding off-market homes in the San Francisco Bay Area. In San Francisco proper, it has been reported that up to 11% of homes sold off-market. That number goes up to almost 20% as we look at the nation as a whole. Any savvy home buyer would be remiss to not take advantage of looking at these homes.
What are off-market homes?
Off-market homes, often referred to as pocket listings, are homes that never make it onto the public Multiple Listing Service.
So what can you do about it? Here are three steps you can take today to not miss out on these homes:
Sign up for this private San Francisco Bay Area pocket listing service dubbed Aalto. Sign up here. Identify if you are interested in buying or selling. Add contact info. Price range. Enter market SF or Marin (note: North, South, and East Bay coming soon). Aalto allows you to search by neighborhood. You do not need to select Jennifer as your realtor but if you do, we can make it easier to view these off-market homes
Legacy Real Estate partnered with Aalto shortly after its launch in the Bay Area. You can learn more about the service in a previous post.
2. PARTNER UP
Partner with a local knowledgeable realtor who can send you pocket listings. Duh. It’s a no brainer. There are plenty of knowledgeable trustworthy agents. Do your research though. Check their Zillow and Yelp reviews, ask for references. Need a recommendation? Drop us a line. It is very likely we know a great agent in your area. A well-connected agent will have a Rolodex of connections that keep them apprised of any new homes in your area.
3. WORK WITH A BROKER
Work with a brokerage (like ours) that has a wide network of top producing agents. 2020 brought about some major changes to the way real estate is listed, advertised, and sold in the Bay Area. Without going into too many details larger brokerages have a better network for word of mouth. Meaning you get access to more homes off-market.
Take a look at just some of the other top producing agencies we work with.
The Legacy Real Estate team has been buying and selling homes on behalf of San Francisco Bay Area residents for over 50 years. Let us know how we can help you today!