Off-marketing listing occurs when a property is listed without public advertising. Magicsell has an online database of buyers who they contact directly to initiate the selling process based on specific requirements the buyers would be interested in.
Properties which require a quick sale and where the sold price is not much of a concern, are often sold Off Market. Some agents also offer a ‘quiet sale’ through their database of potential buyers before a full-blown advertising campaign is carried out. If that happens, then the homeowner just has to pay a fee for the sale, not the full-blown commission of selling the home.