New Study: Off Market Homes Sell for 17% Less. Here's Why

Leveraging monopoly power is by definition a surrender to competition and resorting to raw power to destroy competition. Compass, as a Wall Street funded monster that has yet to turn a profit, seeks to use its power to destroy competition by putting new lipstick on the old pig of off-market sales with their Private Exclusives program. Rather than help their agents compete to serve customers better, they seek to fool sellers into keeping their listings off market so Compass can attempt to double end the sale, representing the seller in promising the highest price possible while, at the same time, promising to help the buyer get the best deal. How does that work? Well, it does not.

A new study of data in San Francisco by the MLS shows that sellers who sell off market get a lower price on average by almost 19%.

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Bill Gross, The LAProbate Expert
I am a real estate broker in Los Angeles, CA focused on probate real estate and the leader of a team of over 1,100 agents nationally probate experts.

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Bill Gross is a licensed real estate broker in California (DRE 01022275) associated with EXP Realty, the Netflix of real estate. He is building a national network of probate-focused real estate agents. If you are interested in discovering working with BIll’s network, or if EXP is a fit for you, book a time here: https://bit.ly/3ZgrmFz