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shortage of inventory

Non-MLS in a Seller’s Market? Why??

“Shadow Listings” “Don’t be an undercover agent.” –Advice routinely given to new Realtors (i.e., let people know you sell homes) Here’s another explanation for the scarcity of local (Twin Cities) housing inventory, in what should be the busiest time of the year for new listings:  stuff’s for sale — but it’s non-MLS.  See also, “The...
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Q: What’s the Opposite of “On the Market, But Not ‘For Sale?'”

Answer:  ‘Off the Market, But Very Much ‘For Sale'” In a post a few weeks ago, I talked about the counter-intuitive phenomenon (at least to me) of unrealistic Sellers in a Seller’s market (especially in a Seller’s market?). The condition is known to real estate pros as “on the market . .  but not “For Sale.‘”...
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