February 23, 2024

In a recent episode of the Real Estate Success - The Whissel Way podcast, hosts Kyle Whissel delved into a strategy that might seem unconventional at first glance: accepting an offer before publicly listing a property on the MLS. In this blog post, we'll dissect the key points discussed in the podcast and explore why this strategy could be advantageous for sellers, particularly in today's market.

Understanding the Current Market Dynamics

At the outset, Kyle Whissel highlights the prevailing trend in the real estate market, emphasizing a shift towards a seller's market. In such a market environment, buyers face fierce competition, often encountering multiple offers on properties as soon as they hit the market. This competitive landscape places buyers in a challenging position, necessitating aggressive offers and favorable terms to stand out from the crowd.

The Buyer's Dilemma

For buyers, navigating a seller's market can be daunting. With limited inventory and heightened competition, each offer submitted carries the risk of rejection. As Kyle explains, buyers may find themselves repeatedly losing out on properties despite crafting what they perceive to be strong offers. This cycle of disappointment can lead buyers to escalate their offers in a bid to secure a home, further intensifying the competition.

Leveraging the EXP Realty Advantage

A pivotal advantage discussed in the podcast is the affiliation with EXP Realty, the largest single brokerage in the country. Through this affiliation, Whissel Realty Group gains access to an extensive network of fellow agents within EXP Realty, totaling 90,000 members. This network facilitates the sharing of listings before they are officially listed on the MLS, a practice known as the "private collection."

The Power of Control in a Seller's Market

By leveraging the private collection and offering properties exclusively to agents within the EXP Realty network, sellers gain unprecedented control over the selling process. In a seller's market, this control translates into the ability to dictate terms, including pricing and contractual agreements. With eager buyers vying for exclusive access to these pre-listed properties, sellers can command premium prices while circumventing the traditional listing process.

Benefits for Sellers

The benefits of accepting offers before listing on the MLS are multifaceted. Sellers can avoid the uncertainties and inconveniences associated with traditional listings, such as showings, open houses, and prolonged waiting periods for offers. Instead, they can enjoy a streamlined selling experience, secure in the knowledge that they hold the upper hand in negotiations.

Exploring the Opportunity

In closing, Kyle Whissel extends an invitation to sellers interested in exploring this innovative approach to real estate transactions. By tapping into the power of the private collection and EXP Realty's expansive network, sellers can unlock new avenues for maximizing their property's value. Whether you're considering selling your home or curious about the potential advantages of this strategy, Whissel Realty Group welcomes the opportunity to guide you through the process.

To learn more about how to leverage the private collection and EXP exclusives, reach out to Kyle Whissel and the Whissel Realty Group team. Call or text the number provided below to schedule a consultation and discover how you can achieve real estate success, the Whissel way.