What are Off Market listings?
Off-market listings are homes for sale that are either coming on the market in the near future or the home Seller does not plan on marketing on the MLS.
Where do I find Off Market listings?
The primary source for Off-Market MLS listings is TAN and the Private MLS. If you would like access to the private mls, please click the below icon. You will have to provide your email, cell, and name. We can then provide you with access to the private-mls with thousand of listings in Chicago that are not available to the public on either Zillow or Redfin.
Click Here and begin your search for private listings and the entire on-market mls. Private listings will be labled “Private” with an orange tag. You will have to enter your email address and phone number for access.
TAN is another database where an agent can post off-market listings. A Buyer’s agent can post as well with buyer needs and wants. TAN (top agent network) consists of a network of the top producing agents across the country. Qualified agents who join the network and are ranked in the top 10% of agents in Illinois. TAN like the Off-Market MLS has all types of properties and price ranges.
To receive the details and photos to these and other off market listings, to the right in desk top or at the bottom in mobil version, enter your name and email and give us a quick note about what you are searching for. Click ASK US! and we will send to you what we find.
Why would a Seller post a listing on Off-Market MLS or TAN versus the MLS which in turn posts to Zillow and Redfin?
Some Sellers want to test the market out prior to listing on the mls. Once a Seller lists on the mls, market time starts to be recorded. Another very popular reason for listing on the off-market databases is Sellers have become increasingly frustrated with the number appointments that become NO SHOWs. Nothing is more frustrating to a Seller than when a Seller cleans their home for two hours and then the prospective buyer does not show.
With TAN, you are only dealing with top agents in the industry with whom you have a much better chance to have a creditable showing versus the prospective Buyer who is sitting at home late at night with a glass of wine clicking on homes to see on mls driven websites then forgetting they made the appointment the next morning.
Is the Off-Market MLS and TAN successful?
We have been very successful with the Off-Market MLS and TAN. We have successfully sold and have had Buyers purchase directly from both databases. At 312 Estates, we use both databases to market the same listing. An example of a home we recently sold is 1346 W Addison PH for $1,150,000. Click here for the marketing of this awesome penthouse. This home is a good example of our marketing we do for sellers.
If you have been looking at homes for a while on various websites, you may have seen homes come on the market for a day then go under contract. Many of these homes were seen and received contracts prior to being listed on the mls. The reason the home is being listed is for the agents to receive credit of the sale.
How do I find homes on TAN?
We cannot have an open source of TAN listings on our website unlike the Off-Market MLS noted above. Please call today 312 599 1300 or log in and request a list of off-market properties. We will have a qualified agent respond. You can also stop in our office at 3753 Southport for a free coffee to begin your search on TAN.