How Do I find Off Market and Pocket Listings in Torrance CA?

In this incredibly competitive real estate environment many homes are not even making it to the market.   So how do you find out about these homes?  First it’s important to understand just what we’re talking about.

What does off market or a pocket listing mean?

It can actually mean a few different things but in general, when we refer to homes sold off market or pocket listings these are homes that are never put on the MLS and therefore unknown to most buyers and many realtors.  That means that searching the Redfins and Zillows of the world may mean that you’re not aware of these types of opportunities.

Why would a Torrance homeseller want to sell the home off market?

In general it’s not a great idea.  Fewer buyers that know about the home usually means less competition and ultimately a lower sales price.  That’s certainly not always the case but usually accurate to some extent.  Sellers have many reasons for not wanting to put their home on the market.  It may be due to privacy reasons such as not wanting the neighbor or even the tenant know that the home is for sale.  It may be that they don’t want to deal with some of the hassles that come along with listing a home…..buyer’s and agents that want to show the home at all hours, open houses on the weekends and more people simply curious with few legitimate buyers.  Whatever the reason it does limit the exposure and again usually limits the price.

That’s why it can be a good opportunity for buyers….less competition, fewer bidding wars which generally leads to a lower sales price.

How do I find out about these homes?

Unlike the MLS listings, off market, upcoming and pocket listings are much more elusive.  The key is to work with an agent that has deep connections in the Torrance real estate market and community.  Some of the top realtors in certain areas may share information on these hard to find opportunities and the larger or more numerous the seller and agent networks, the more information the agent can obtain.

We are happy to help you find off market homes in Torrance but this requires a good deal of work, considerable communication with sellers and agents and a readiness to act should the right home come available.  If you would like us to help find off market opportunities and are not currently working with a realtor please feel free to text us at 310-251-2344 or email us with the details of your home search.

Great 3 Bedroom Plaza Del Amo Townhome for Sale

2160 Plaza Del Amo # 165, Torrance 905012160 Plaza Del Amo copy

Just in time for summer, this beautiful and spacious townhome located in one of Torrance’s great neighborhoods offers numerous upgrades in the peaceful Park Plaza community.  This two level townhome offers an ideal layout with all 3 bedrooms upstairs and all living areas on the first floor.  The first floor offers a beautiful kitchen and breakfast nook overlooking one of the multiple patios and decks.   The dining room and living room sit just off of the kitchen and offer solid hardwood walnut floors and a custom-built fireplace and direct access to the patio making it ideal for entertaining and indoor-outdoor living.  Upstairs the master suite features vaulted ceilings, a ceiling fan and a balcony looking out over the treetops. The two other bedrooms are bright and spacious making for an ideal floorplan.   Detached separate 2 car garage steps away.  Park plaza offers a gated entry, lushly landscaped open space, pool,spa and club house. This is a wonderful property in a tranquil setting, and resides in the award winning Torrance Unified School District.


Contact listing agent Keith Kyle with Vista Sotheby’s International for more information.

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BED / BATH: 3/ 1 1/2
SQFT(src): 1,578 (A)
GARAGE: 2
YEAR BLT(src): 1979 (ASR)
SUB TYPE: TWNHS (A)
APN: 7359007046

 

Coming Soon – 340 Via Colusa – Estate Home for Sale in the Hollywood Riviera

Welcome home to one of the most beautiful homes in all of the Hollywood Riviera in Redondo Beach

This gorgeous family home in the Hollywood Riviera was designed by renowned architect Louie Tomaro.  From the340_Via_Colusa_front2 copy moment you enter you’re surrounded by luxurious touches.  The double door leads to a beautiful foyer.  The downstairs suite with private bath is perfect for guests or to use as a somewhat detached office.  Upstairs features 4 additional bedrooms each with it’s own private bathroom. This stunning Tuscany-style home includes luxurious touches and high end finishes throughout. The gourmet kitchen includes stainless steel appliances, cherry wood cabinetry and opens to the dining room and family room for a casual, yet elegant feel. The master bedroom suite includes a walk-in closet and private bath area. A balcony off the family room lets you take in the city light views and cool ocean breezes. Kolbe & Kolbe windows and doors, and cherry hardwood floors lend an elegant touch throughout. Sitting on a large lot, this home also features a spacious and private side patio as well as a very sunny backyard and patio area.   The huge fenced-in front yard with remote control-ready arched gates give this residence an estate-like feel. Enjoy the close proximity to the beach, Riviera Village, Riviera Elementary and the Palos Verdes walking trail.  Contact listing agent and Redondo Beach luxury home specialist, Keith Kyle at 310-251-2344 or Keith@KeithKyleHomes.com for more information and to arrange a private showing.

Via-Colusa-Kitchen  Via-Colusa-Sideyard-MLS  Colusa-MLSVia-Colusa-Kitchen-South-MLS  Via-Colusa-Backyard-MLS

 

Welcome to Torrance Real Estate

By Keith KyleTorrance real estate

Welcome to Torrance real estate.  We have strived to offer the very best information and home search features on a local website designed specifically for Torrance home buyers and sellers.  As local Torrance and Redondo Beach real estate specialists we understand how unique Torrance is and how different and distinct the various areas can be.  From oceanfront homes in the Hollywood Riviera, to duplex and income properties in the County Strip area…..we can help.  Search for homes with our free Torrance MLS access or allow us to do the hard work for you with our FREE daily listing updates and know about new homes first.  Our website offers information on real estate markets and trends in each neighborhood, recent home sales and prices, current off market homes and MLS listings, short sales and foreclosures and information for home sellers to find out what their Torrance home is worth and how we have been so successful at marketing and selling homes in the area.  We hope that our website is a great place to start for all of your Torrance real estate needs.  Contact us as any time for questions or more information.

Torrance Real Estate Map

See the most recent listings below but browse through the menus above to search Torrance homes by neighborhood, price, or home type.

See all Real estate matching your search.
(all data current as of 12/19/2018)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Pocket and Off Market Listings are All the Rage in Torrance CA

By Keith KyleWest Torrance Homes

If you’re a home buyer at the moment, you’ve probably been a little frustrated with just how little housing inventory there is, how quickly the good homes sell, and how often they sell for far more than they were listed.  You’ve probably also heard the terms pocket listings and off market listings as those are definitely the buzz words of the moment.

So what do these words really mean and how do you find out about them?

Pocket listings and off market listings can mean several things, but basically they are homes that agents may, or may not, have formal agreements to sell, but are aware the sellers are interested in selling.  Most often the realtor has a written agreement to represent the sellers, but for one reason or another, the sellers either don’t want their home to be put on the MLS or perhaps they just aren’t quite ready.  In other situations it may be far more informal with either the homeowner telling a realtor “bring me a buyer and maybe I’ll sell” or something in which the owner would only consider selling at a price over the market value of the home.

So how does this help you?

The concept is pretty simple….the fewer buyers that know about a home the better the chances of having your offer considered and accepted.  Without the buyer frenzy that comes with most new listings these days the price may be kept at a reasonable level as well.

Torrance Home UpdatesSo how do you find these homes?

The best way to find these off market listings is to work with a successful local agent that specializes in the area you’re interested in.  It’s all about networking and the more owners, sellers and other agents the realtor is in contact with the more likely they may have ways of finding listings the public isn’t aware of.   Good agents will also actively seek out some unknown sellers with letters or even by door knocking.  Buyers can certainly try this on their own as well, but just won’t have the same reach as a well connected local agent.  If you would like us to help simply fill out our “let me know about pocket listings form” and specify if you want us to update you on all listings….or just the homes not on the market.

Be realistic

Although many deals are happening off market and it is a very good way of trying to find a home in a very challenging sellers market, buyers must be realistic.  Finding something off market generally doesn’t mean paying 70% of it’s value.  In our very high end market in which sellers have resources and information to know what their homes are worth, sellers are very savvy and often only willing to sell their homes off market if the price is right.