OFF MARKET PROPERTY is property for sale but not listed on any Multiple Listing Service (MLS). Because these properties are not listed with the MLS, other sites such as Zillow, Trulia Realtor.com do not have the property details either.
As a buyer of OFF MARKET PROPERTY you avoid the sense of URGENCY to make a quick decision to purchase and you are often not competing against multiple offers. This not only ensures you wont have to over pay for your new home, it also gives you more time to complete your due diligence as well.
As a seller of OFF MARKET PROPERTY, you get the benefit of Bench Testing the Market to see what kind of appetite there is for your home. This process also allows you to avoid the misleading Days On Market that many Buyers and their Buying Agents use against you with low-ball offers at the negotiating table.