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non-MLS listing

$1.05M + $500k – $200k + 1 Year = ???

Listing Math, Cont. I viewed a non-MLS listing last week in Minnetonka that is quietly being marketed at $1.7 million. The owner bought the 5,000-plus square foot home a year ago for $1.050 million; did $500k of (very smart) updating; and is leaving another $200k of likely updating for the next owner (the upper level hasn’t been remodeled...
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“Home For Sale” — But Not on MLS (Huh?!?)

Two Types of “Non-MLS” Listings Not every “For Sale” home is on MLS. That’s the case even if the home is being represented by a professional Realtor. Why would a homeowner who truly wants to sell not want to reach the broadest possible range of prospective Buyers (on MLS), and instead quietly market their home?...
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