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Pros and Cons of Selling Off-Market vs. Public

Go public
with your
home sale.

Lisa Sevajian
By Lisa Sevajian
Founder, Lisa Sevajian Group · Published May 22, 2026 · Updated May 22, 2026
OR

Keep it
a secret.

Which sale strategy is right for you?
Presented By
Lisa Sevajian
Founder, Lisa Sevajian Group · eXp Realty
Top 1.5% of All Realtors in the US · #1 Local Team · Boston's Top 20
Lisa Sevajian Group logo - Top 1.5% Realtor team Massachusetts and New Hampshire
Lisa Sevajian Group
eXp Realty brokerage logo
If You're Moving, This Is For You

Your Money Matters,
The Same Way It Did To Me

Twenty-some years ago, I was a young single mother in the middle of a divorce — and a few months behind on my mortgage.

The calls started almost immediately. "Angel investors" who had found me through my divorce filing and my late mortgage payments — both matters of public record — offering to take the house off my hands. Quickly. Quietly. For a fraction of what it was worth.

They weren't villains. What they were offering — a fast, private, off-market transaction — is exactly what some sellers need. But I wasn't one of them. My home had equity. I had options. I just didn't know it yet.

I dug in. I got to work. And somewhere in that process, I became so determined to understand how the system worked — and how it could be used for people rather than against them — that I got my real estate license. That experience is the reason I'm here. It's the reason this guide exists.

More than twenty years later, I'm in the top 1.5% of all realtors in the United States. Not despite that chapter — largely because of it.

"Not all homes should sell privately. Not all sellers want maximum exposure. Your job is to understand your options — and choose what feels right."

What follows is an honest, unbiased look at both paths. I've seen every version of this decision play out — and the right answer is never the same twice.

About Lisa
Lisa Sevajian
Founder · Lisa Sevajian Group
  • Top 1.5% of All Realtors in the US
  • #1 Local Team, eXp Realty
  • Boston's Top 20
  • 20+ years in residential real estate
  • MA & NH specialist
© Lisa Sevajian Group · eXp Realty · For informational purposes only · Not legal or financial advice
Lisa Sevajian Group logo - Top 1.5% Realtor team Massachusetts and New Hampshire
Lisa Sevajian Group
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Before The Strategy — The People

Four Sellers.
Four Very Different Needs.

The right sale strategy isn't about what's trending — it's about what's right for you. Meet four sellers whose circumstances are very real, and play out every day.

A note on privacy: The names, identifying details, and specific circumstances in the stories below have been altered or are composites drawn from common seller situations. They do not represent specific clients or actual transactions.
Off-Market Stories
Privacy · Speed · Certainty
Dorothy, 78
off-market

Dorothy raised four children in the Cape Cod she and her late husband bought in 1974. She is proud, fiercely independent, and deeply private. A series of medical emergencies wiped out her savings and she fell behind on her mortgage. By the time her daughter reached out to an agent, Dorothy had 18 days before the bank filed for foreclosure.

Her home hadn't had major updates since the early 2000s and would not pass a conventional appraisal. FHA and VA financing were not an option. Every failed contract would cost her precious days she didn't have.

Why Off-Market Was The Right Answer

A private approach — targeted directly at cash buyers and builders who could see the land value — produced a clean offer and a close in 14 days. No open houses. No strangers through her home. No public listing broadcasting her financial distress to the neighborhood. Dorothy settled her debt, moved in with her daughter, and kept her head held high.

Marcus, 44
off-market

Marcus is a VP at a publicly traded company — easily Googled. When he accepted a relocation to Austin, he needed to sell his four-bedroom Andover home without his address, timeline, and asking price appearing on Zillow for colleagues and competitors. His tenant had two months left on their lease. Forty weekend showings were not realistic.

Why Off-Market Was The Right Answer

A curated buyer network produced three serious offers in ten days. Marcus accepted a strong cash offer, negotiated a leaseback for the tenant's remaining term, and closed without a single listing photo going public. Privacy preserved. Timeline met. Zero drama.

© Lisa Sevajian Group · eXp Realty · For informational purposes only · Not legal or financial advice
Lisa Sevajian Group logo - Top 1.5% Realtor team Massachusetts and New Hampshire
Lisa Sevajian Group
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On-Market Stories
Exposure · Competition · Maximum Price
The Kellermans
on-market

Eight years of renovations. New kitchen, finished basement, updated baths. Retiring to Florida, no rush, nothing to hide. A home that will photograph beautifully and appeal to everyone.

The Result

11 showings first weekend. Four offers Monday morning. Closed 6% above asking.

Priya, 36
on-market

Selling her starter condo to fund a down payment on a larger home. Clean, updated, financing-friendly building. Comfortable with showings, no reason for privacy, 60-day window.

The Result

Seven offers by Sunday. Accepted $12,000 above asking — no contingencies.

A pattern, not a promise.

Both of these sellers had homes ready to compete: updates done, no financing flags, no privacy constraints, and time to run a full marketing cycle. When those four factors line up, on-market consistently produces the strongest result. When even one is missing, the calculation changes — which is exactly what the next pages address.

© Lisa Sevajian Group · eXp Realty · For informational purposes only · Not legal or financial advice
Lisa Sevajian Group logo - Top 1.5% Realtor team Massachusetts and New Hampshire
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Understanding The Fundamentals

Know Your Options.
Then Decide.

Before you commit to any strategy, you deserve a clear, honest picture of what each path actually means — not a sales pitch, just the facts.

On-Market
Public · MLS Listed · Maximum Exposure

Your property is listed publicly on the MLS and syndicated to all major portals. Every buyer, every agent, and the general public can see it — simultaneously.

Off-Market
Private · Targeted · Confidential

Your property is sold privately — without a public MLS listing. Marketing is targeted to a curated pool of buyers, investors, or an agent's network, keeping the transaction largely confidential.

What Shapes the Right Decision?

Your Timeline

Are you in a hurry, or do you have flexibility to wait for the best offer?

Your Price Goal

Do you need to maximize sale price, or is certainty and speed the priority?

Your Privacy Needs

Would you prefer to keep your sale discreet and out of public view?

Property Condition

Will the home pass conventional financing, or is cash-only more realistic?

Market Conditions

Buyer demand and inventory levels affect how each strategy performs.

Your Property Type

Unique, luxury, or investment properties may perform differently in each path.

"I've seen both strategies serve sellers extraordinarily well — and fail them completely. The difference is almost never the strategy. It's the fit."

— Lisa Sevajian
© Lisa Sevajian Group · eXp Realty · For informational purposes only · Not legal or financial advice
Lisa Sevajian Group logo - Top 1.5% Realtor team Massachusetts and New Hampshire
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What The Data Actually Says

The price difference,
in real numbers.

The pros and cons matter. So do the dollars. Several major industry studies have measured the financial difference between selling on the MLS versus selling privately. The findings are not unanimous — but the weight of the evidence points one direction.

-16.98%
The Bright MLS Study

Across 442,829 comparable home sales over two years in the Mid-Atlantic region, homes sold off the MLS closed for a median 16.98% less than comparable homes marketed on the MLS. On a $750,000 home, that is roughly $127,000 in lost value.

$302K
Average premium for MLS-listed San Francisco homes over comparable off-market sales between 2022 and 2024 — an 18.6% advantage. Sellers collectively lost more than $750 million in potential value over the three-year period.
RealReports + SF Association of Realtors, 2025
$1B+
Total lost value to sellers from off-MLS sales across 46 states, according to an analysis of 10 million transactions. Sellers in 44 of 46 states saw losses. Lower-priced homes saw the largest percentage gaps.
Zillow Off-MLS Analysis, 2025
1.5%
National average price gap: homes that started on private networks before going active on the MLS sold for 1.5% less than homes listed directly on the open market. In California the gap widened to 3.7%.
Zillow Study of 1.2M Sales, 2023–2024
35% → 8%
In a 2024 survey of 2,000 homeowners, 35% initially preferred to sell off the MLS. After learning that off-MLS homes typically sell for less, only 8% still preferred a private sale.
1000WATT Consulting Survey, 2024
In Fairness — The Counter-Evidence

Not every study agrees. A 2026 academic study from the University of Georgia analyzed Dallas-Fort Worth sales from 2002 to 2022 and found that homes never listed on the MLS sold for 1.7% more than comparable publicly marketed homes. The data is not unanimous — but the majority of large-scale studies show on-market producing higher prices, with the largest gaps in the lower and mid-tier price bands.

Sources: Bright MLS On/Off MLS Study (442,829 transactions, 2022); RealReports & San Francisco Association of Realtors (2025); Zillow analysis of 10 million transactions across 46 states (2025); Hayunga, University of Georgia (2026); 1000WATT Consulting Homeowner Survey (2024). Local Massachusetts and New Hampshire results vary by property type, condition, and current market conditions. Not a guarantee of future financial outcomes.
© Lisa Sevajian Group · eXp Realty · For informational purposes only · Not legal or financial advice
Lisa Sevajian Group logo - Top 1.5% Realtor team Massachusetts and New Hampshire
Lisa Sevajian Group
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On-Market Strategy
Listing publicly on the MLS — maximum exposure to all buyers
Advantages
Considerations
Maximum Exposure
Reaches every active buyer through the MLS, all major portals, and agent networks — simultaneously.
Public Visibility
All market adjustments, days on market, and listing history become permanent public record.
Competitive Bidding
Multiple buyers competing in real time can drive the final price well above asking.
Showing Disruption
You must keep the home show-ready and accommodate showings, sometimes on short notice.
Market Validation
Public pricing and activity data establish credible, defensible value for your home.
Longer Timeline
Achieving maximum price often requires patience — the full buyer pool takes time to engage.
Broad Financing Access
Conventional, FHA, and VA buyers can all participate — the widest possible buyer pool.
Contingency Complexity
Most on-market offers include financing, inspection, and appraisal contingencies.
Professional Marketing
Full-scale photography, virtual tours, open houses, and targeted digital advertising are standard.
Stigma Risk
Extended days on market can signal perceived issues to future buyers — hard to undo.
Agent Motivation
Buyer agents are highly motivated to show MLS-listed homes to earn co-op commission.
Less Privacy
Neighbors, competitors, and the public can see your home, your price, and your history.
Full Transparency
All activity, offers, and timelines are documented and regulated under MLS rules.
Negotiation Scrutiny
Buyers and agents will conduct thorough inspections, appraisals, and due diligence.
© Lisa Sevajian Group · eXp Realty · For informational purposes only · Not legal or financial advice
Lisa Sevajian Group logo - Top 1.5% Realtor team Massachusetts and New Hampshire
Lisa Sevajian Group
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Off-Market Strategy
Private sale through targeted outreach — select buyers, maximum discretion
Advantages
Considerations
Privacy & Discretion
Your sale stays out of public record until closing. Neighbors and competitors need not know.
Limited Buyer Pool
Without public exposure, you may never reach the buyer willing to pay the highest price.
Less Disruption
Fewer or no open houses and showings — ideal for occupied homes or sensitive situations.
Potentially Lower Price
Fewer competing offers generally reduces upward price pressure.
Faster Timelines
Pre-qualified, motivated buyers can move quickly — sometimes closing in days, not weeks.
Less Price Discovery
Without open-market competition, it is harder to confirm you received full market value.
Reduced Contingencies
Off-market buyers — often investors or cash purchasers — frequently waive standard contingencies.
Buyer Leverage
A small buyer pool gives each individual buyer more negotiating power relative to the seller.
Market Testing
Gauge buyer interest and pricing privately before committing to a full public launch.
Network Dependency
Success depends heavily on the quality and reach of your agent's private buyer network.
Closing Certainty
Cash-based off-market deals offer a high degree of certainty once terms are agreed.
Regulatory Considerations
MLS rules vary by market. Some require disclosure or a brief mandatory marketing window.
Side by Side
On-MarketOff-Market
Buyer ExposureMaximum — entire active marketLimited — targeted pool
Price PotentialHighest with competitive biddingModerate to strong
TimelineWeeks to monthsDays to weeks
PrivacyLow — fully publicHigh — private
Showings RequiredYes — often manyMinimal to none
ContingenciesTypicalOften waived
Best ForPrice maximizationSpeed, privacy, simplicity
© Lisa Sevajian Group · eXp Realty · For informational purposes only · Not legal or financial advice
Lisa Sevajian Group logo - Top 1.5% Realtor team Massachusetts and New Hampshire
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The Professional Lens

What Every Agent
& Broker Needs to Know

Understanding each sale type from a professional standpoint helps agents advise clients with confidence — and make clear-eyed decisions about their own business.

Off-Market — Agent & Brokerage View
What it costs. What it earns.
Professional Advantages
Professional Trade-Offs
Lower Transaction Cost
No yard sign, no photography, no listing portal fees, no open house logistics. Minimal overhead.
No Neighborhood Branding
A yard sign and MLS listing are free billboards. Off-market leaves zero visible footprint.
Reduced Admin Load
Fewer showings, fewer offers to manage, less paperwork. One focused transaction start to finish.
No Public Notoriety
Above-asking on-market sales create shareable social proof. Off-market deals are invisible.
Dual Agency Opportunity
When the agent sources the buyer, they can represent both sides as a disclosed dual agent.
Limits Organic Growth
Every public listing captures buyer leads and grows the agent's pipeline. Off-market removes those.
Speed to Commission
Faster closings mean faster payment — a cash deal can close in days, not months.
Price Risk Exposure
Without competitive bidding, the agent carries more responsibility for setting fair market value.
On-Market — Agent & Brokerage View
The full investment. The full return.
Professional Advantages
Professional Trade-Offs
Maximum Price Achievement
A record-breaking sale is the agent's most powerful marketing asset — and compounds into future business.
Higher Upfront Costs
Photography, staging, MLS fees, digital advertising, and open house logistics are real cost.
Neighborhood Brand Building
Yard signs, open houses, and just-sold postcards are the foundation of hyperlocal brand dominance.
Greater Time Investment
A full listing campaign requires weeks of showing coordination, communication, and negotiation.
Organic Buyer Lead Generation
Open houses and MLS inquiries generate direct buyer leads — often converting into future clients.
Market Adjustment Visibility
If the home sits, public market adjustments are visible — damaging seller confidence and agent credibility.
© Lisa Sevajian Group · eXp Realty · For informational purposes only · Not legal or financial advice
Lisa Sevajian Group logo - Top 1.5% Realtor team Massachusetts and New Hampshire
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A Note On Dual Agency

In an off-market transaction, when the listing agent also introduces the buyer, they may serve as a disclosed dual agent — representing both parties in the same transaction. When this happens, the agent earns both sides of the commission. And they deserve every dollar of it. They are doing double the work: managing the seller's goals, the buyer's expectations, the negotiation, the paperwork, and the entire transaction — simultaneously, as a single point of accountability.

That said, the choice is always yours. When you hire an agent to represent you as a seller, you have the right to decide whether you want that same agent to also work with the buyer — or whether you'd prefer the buyer to be represented independently. Both are valid. Both are legal. What matters is that you understand the difference and make an informed decision. Know your options.

© Lisa Sevajian Group · eXp Realty · For informational purposes only · Not legal or financial advice
Lisa Sevajian Group logo - Top 1.5% Realtor team Massachusetts and New Hampshire
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A Third Path Worth Understanding

The Direct Sale.
Buyer to Seller.

Can you? Of course. Should you? That depends.

In twenty years of real estate I've rarely seen a market this complex. The laws around inspections, documentation, and buyer qualification are not a footnote — they are the entire game. A direct sale is possible. It happens. But the moment two parties sit across from each other without professional representation, the risk asymmetry is real.

A skilled negotiator on the buyer's side can systematically reduce what they pay. A skilled negotiator on the seller's side can protect — or enhance — what they receive. Without either, someone almost always leaves something significant on the table.

The two questions worth sitting with honestly:

Are you comfortable paying more than you should?
Very often — this is what happens on the buyer's side of a direct sale.
Are you comfortable taking less than you're owed?
Very often — this is what happens on the seller's side.

My position is not that direct sales can't work. My position is that in this market — with the complexity of today's contracts, contingencies, and buyer qualification requirements — the margin for error is thin and the consequences are real.

The Jamesons
direct sale

The Jamesons called to cancel our upcoming listing agreement. A neighbor wanted to buy their house directly — and they would save the 4% commission. I told them they should absolutely go for it if that felt right. I gave them the necessary documents, set them up with an attorney, and sent them off with my full support.

Two months later, they came back. The buyer couldn't buy. He wasn't qualified. They had been in a binding agreement — with a buyer who had no path to financing — for sixty days.

The Result

Two months lost. Market momentum gone. I would have identified the buyer's qualification issue in twenty minutes.

"I support whatever choice serves you best. I just want you to make that choice with both eyes open."

— Lisa Sevajian
© Lisa Sevajian Group · eXp Realty · For informational purposes only · Not legal or financial advice
Lisa Sevajian Group logo - Top 1.5% Realtor team Massachusetts and New Hampshire
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Finding Your Fit

Which Strategy
is Right For You?

Every seller's situation is unique. Use this as a starting framework — then have a candid conversation with your agent.

Consider On-Market If…
Consider Off-Market If…
✓ You want to achieve the highest possible sale price
✓ Privacy is a priority — for personal, professional, or family reasons
✓ You have time to prepare and run a full marketing campaign
✓ You need to sell quickly and avoid the disruption of showings
✓ You are in a high-demand area with strong buyer activity
✓ Your buyer audience is narrow — investors, builders, or cash buyers
✓ You want full transparency and market validation of your price
✓ You want to test price or timing before committing to a public launch
✓ Your home will easily pass conventional financing inspection
✓ Your home needs work or will not qualify for traditional financing
✓ You are comfortable with open houses and public visibility
✓ A fast, certain close matters more than extracting maximum price
See It In Action
Learn how we sell homes.
The 6-Day LSG Selling Strategy, our marketing approach, and what makes our process different. Read the full seller's resource at soldbylsg.com.
View Seller Playbook →
soldbylsg.com/sellers.html
© Lisa Sevajian Group · eXp Realty · For informational purposes only · Not legal or financial advice
Lisa Sevajian Group logo - Top 1.5% Realtor team Massachusetts and New Hampshire
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Frequently Asked Questions

Selling a home in
MA & NH, answered.

The questions sellers ask us most. If yours is not here, reach Lisa directly at lisa.sevajian@exprealty.com or 978-457-3406.

What is the difference between an on-market and off-market home sale?
An on-market sale lists your property publicly on the MLS, reaching every active buyer and their agent simultaneously through every major portal. An off-market sale skips the public MLS and markets the home privately through a targeted buyer network. On-market is built for maximum exposure and competitive bidding. Off-market is built for privacy, speed, and minimal disruption.
Do homes really sell for more when listed on the MLS?
In most large-scale studies, yes. A Bright MLS study of 442,829 transactions found MLS-listed homes sold for a median 16.98% more than off-MLS homes. A 2025 Zillow analysis of 10 million transactions across 46 states found over $1 billion in collective lost seller value. The weight of evidence favors on-market for price maximization, though one 2026 University of Georgia study found the opposite in Dallas-Fort Worth.
Can I try off-market first, then list on the MLS if it does not sell?
Yes, this is a common strategy. Testing privately first provides pricing feedback before a public launch. Be mindful that time spent off-market may affect buyer perception once you do list publicly, so a skilled agent sequences this carefully to keep the launch feeling fresh.
Do I still need a real estate agent for an off-market sale?
More than ever. Without the open market validating your price through competitive bidding, your agent's buyer network, negotiating skill, market knowledge, and ability to verify buyer qualification become your only safeguards against leaving money on the table.
How long does it typically take to sell a home in Massachusetts or New Hampshire?
National average days on market often runs into the dozens, with significant variation by region, season, and property type. The Lisa Sevajian Group averages roughly six days on market across recent listings. Your timeline depends on pricing strategy, condition, and buyer demand in your specific town.
What is the LSG 6-Day Selling Strategy?
A structured pre-launch and launch process developed by the Lisa Sevajian Group that consistently produces accepted offers within six days of going live. It combines proper preparation, strategic pricing, targeted buyer outreach, and a deliberate showings and offer-review structure. The full process is at soldbylsg.com/sellers.
Is off-market selling only for distressed or luxury properties?
No. While distressed and luxury are common candidates, the strategy is also used for investment properties, estate sales, occupied homes with tenants, privacy-sensitive situations like executive relocation or divorce, and any case where a motivated buyer has already been identified. Off-market sales happen at every price point.
What is dual agency and how does it work?
Dual agency is when one agent represents both the buyer and the seller in the same transaction. It is legal in Massachusetts and New Hampshire when properly disclosed and consented to by both parties. It is common in off-market sales where the listing agent introduces the buyer. The agent earns both sides of the commission. Sellers always retain the right to require separate representation for the buyer.
How do I prepare my home to sell for the best price?
Start with a candid walk-through with your agent. The fundamentals: declutter, deep clean, address visible deferred maintenance, ensure exterior curb appeal, and complete cost-effective updates such as paint and lighting where they return more than they cost. Skip major renovations that will not return their investment. Professional staging and photography pay for themselves on most listings.
How is the Lisa Sevajian Group different from a typical agent?
LSG is in the top 1.5% of all Realtors in the United States, with over 1,500 successful sales and a six-day average days-on-market. The team specializes in both on-market and off-market strategies across Massachusetts and New Hampshire, and brings a deliberate, structured process to every transaction. See the full approach at soldbylsg.com/sellers.
© Lisa Sevajian Group · eXp Realty · For informational purposes only · Not legal or financial advice
Lisa Sevajian Group logo - Top 1.5% Realtor team Massachusetts and New Hampshire
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Ready To Talk Strategy?
Let's find the
right approach
for your goals.
I've been on the other side of this decision. That experience is the reason I approach every sale the way I do.
Lisa Sevajian
Founder · Lisa Sevajian Group · eXp Realty
Top 1.5% of All Realtors in the United States
#1 Local Team, eXp Realty · Boston's Top 20
As seen in Forbes, TODAY, HGTV, The Boston Globe, Inman
This guide is for educational purposes only. Results vary based on property, location, and market conditions. Not legal or financial advice. Seller stories are illustrative composites and do not represent specific clients or transactions.

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What clients say about working with Lisa Sevajian

Zillow

"Lisa and her team are incredible. They are extremely responsive throughout the process and helped us walk through potential properties to find an absolute dream home. Lisa is an expert negotiator and we were able to get everything that we wanted."

Kevin Liu

Bought a home in Georgetown, MA · May 2024 · Read on Zillow

Zillow

"Lisa exceeded every expectation I had as a realtor. She listened to me and understood what I needed in this home sale, and created a pricing and marketing strategy to meet our family's needs. She took our home from listed to a signed Purchase and Sale quickly."

Elizabeth Reifsnyder

Sold a home in Andover, MA · June 2018 · Read on Zillow

Zillow

"Calling Lisa to sell our house was the best decision we made. Her expertise and passion for her work is apparent. Because of her superb marketing abilities and enthusiasm, we had an offer on our antique house quickly and for a strong price."

Leeann Stella

Sold a home in Wilmington, MA · August 2019 · Read on Zillow

Zillow

"My husband and I just purchased our first house and used Lisa as our agent. It was a long journey finding our perfect home since we were willing to wait for the right place, and Lisa was incredibly knowledgeable and patient throughout the entire process."

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Bought a home in Newburyport, MA · July 2019 · Read on Zillow

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About the author
Lisa Sevajian
Founder, Lisa Sevajian Group · eXp Realty · In business since 2007 · MA License #9500355

Lisa leads a team approaching 2,000 sales across Massachusetts and New Hampshire and ranks in the top 1.5% of over 1,400,000 Realtors. She has spoken at Placester, NurtureCon, RE/MAX, Coldwell Banker, Leading Edge, Compass, Inman News Main Stage, Market Maker, and Curaytor.

Lisa Sevajian Group · Brokered by eXp Realty · In business since 2007 · Approaching 2,000 sales
Lisa Sevajian · MA License #9500355 · Team also licensed in NH (Adrianna Leone, Alex Greenwood, John Burns, Molly Smith, Steven Wallace) · eXp Realty Boston, MA + Portsmouth, NH
Equal Housing Opportunity. We comply with the Fair Housing Act.