Considering an off-market apartment sale in LA? Understanding the trade-offs between off-market and on-market sales is essential. This guide helps you choose the right approach for your situation.
What Is an “Off-Market” Sale?
Considering an off-market apartment sale in LA? An off-market sale is when your building is never widely advertised. Instead, your broker quietly presents it to a curated list of qualified buyers:
- Existing clients
- Known 1031 exchange buyers
- Local investors who own similar buildings
Pros of Off-Market Sales
- Discretion: Tenants and neighbors may not know the property is being sold
- Less disruption: Fewer tours and open houses
- Speed: Serious buyers only, often with proof of funds
Pros of Fully On-Market Sales
An on-market sale typically means:
- Professional photography and marketing
- Online exposure and email campaigns
- Brokers presenting the deal to a broad investor pool
The advantage is maximum exposure—which can create competition and better pricing.
Which Strategy Is Right for You?
The choice depends on:
- Your sensitivity to tenants and privacy
- The complexity of the property
- How important it is to optimize price vs. minimize disruption
Contact me to discuss which approach makes sense for your property.
Quick FAQs
Q: Will tenants find out if I sell off-market?
A: It’s harder—but not impossible—for tenants to notice. Any tours or inspections can still draw attention.
Q: Do off-market deals always sell for less?
A: Not always. For highly desired properties, motivated buyers may still bid aggressively.
Whether an off-market apartment sale in LA makes sense depends on your priorities and timeline. Let’s discuss which approach will achieve your goals.