Arizona real estate not currently listed on multiple listing services (MLSs) represents a unique segment of the market. These homes, condominiums, and land parcels are often sold privately, through networking, direct marketing, or specialized brokers. An example might be a homeowner who informs a real estate agent of their intent to sell, but chooses not to publicly list the property.
Accessing this segment can offer distinct advantages. Potential buyers may encounter less competition, leading to potentially favorable pricing. Sellers sometimes prefer this discreet approach, maintaining greater control over the sales process. Historically, pre-internet era real estate transactions relied heavily on these types of private arrangements. While the digital age brought about greater transparency through MLS listings, the off-market segment remains a viable option for both buyers and sellers.
