San Francisco residents looking to sell their homes—but don't want a parade of real estate agents and potential buyers marching through their properties—are increasingly turning to "off-market" deals.
These transactions include homes not publicly available for sale. In other words, the properties aren't listed on the Multiple Listing Service. Instead, property information is discreetly circulated among Realtors and possible buyers.
Real estate agents in San Francisco say sellers appreciate the convenience and privacy of such deals.
"I think it's more common in the upper end of the market," said James Maxwell of Coldwell Banker. He added the trend is more prevalent in homes worth at least $2 million. "These are sellers who don't want to go through the marketing of the home," he said.