{"id":13978,"date":"2026-08-19T05:29:42","date_gmt":"2026-08-19T05:29:42","guid":{"rendered":"https:\/\/koshalsambada.in\/?p=13978"},"modified":"2026-08-19T05:29:42","modified_gmt":"2026-08-19T05:29:42","slug":"losing-out-on-homes-why-manhattan-buyers-may-be-missing-properties-kept-off-public-listings","status":"publish","type":"post","link":"https:\/\/koshalsambada.in\/?p=13978","title":{"rendered":"Losing out on homes: Why Manhattan buyers may be missing properties kept off public listings |"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div>\n<div class=\"e9jwa\">\n<div class=\"vdo_embedd\">\n<div class=\"GfdvZ\">\n<section class=\"_bIDB  clearfix id-r-component leadmedia undefined undefined  E9tg9 \" style=\"top:0px\">\n<div class=\"_bIDB\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">\n<div class=\"ypVvZ\">\n<div class=\"WGttI\"><img src=\"https:\/\/static.toiimg.com\/thumb\/msid-133338000,imgsize-117530,width-400,height-225,resizemode-4\/manhattan-skyline.jpg\" alt=\"Losing out on homes: Why Manhattan buyers may be missing property offers, hurting sellers\" title=\"One rela estate broker's decision might be causing property buyers to miss out on some offers\" decoding=\"async\" fetchpriority=\"high\"\/><\/div>\n<\/div>\n<\/div>\n<div class=\"Ta7d_ img_cptn\"><span title=\"One rela estate broker's decision might be causing property buyers to miss out on some offers\">One rela estate broker&#8217;s decision might be causing property buyers to miss out on some offers<\/span><\/div>\n<\/section>\n<\/div><\/div>\n<\/div>\n<p>Manhattan homebuyers may be missing out on a significant share of properties for sale as brokerages increasingly market homes privately before listing them on public real estate platforms, raising concerns about transparency, competition and whether sellers are getting the highest possible price.<span class=\"id-r-component br\" data-pos=\"2\"\/>Compass, the largest residential brokerage in the US by sales volume, has expanded the use of its \u201cPrivate Exclusive\u201d and \u201cComing Soon\u201d listings, allowing sellers to test demand within its agent network before making a property publicly available, reported NY Post.<span class=\"id-r-component br\" data-pos=\"4\"\/>The practice has particular significance in Manhattan, where Compass has an estimated 80 per cent share of the residential brokerage market, according to data cited by the New York Post. <!-- -->Critics say such concentration can leave buyers who are not connected to the brokerage\u2019s agents with a narrower view of available inventory.<span class=\"id-r-component br\" data-pos=\"9\"\/>Under the marketing model, a property can initially be offered as a \u201cPrivate Exclusive\u201d to its agents and their clients. It can then move to a \u201cComing Soon\u201d stage before being listed publicly.<span class=\"id-r-component br\" data-pos=\"11\"\/>Compass says the approach gives sellers more control over the marketing process and can help properties sell faster and at higher prices. The company says homes that skip an immediate public launch can sell 34 per cent faster and for 4.6% more, according to the report.<span class=\"id-r-component br\" data-pos=\"15\"\/>But critics argue that keeping homes away from the broader market can reduce competition among buyers and make it harder to establish the true market value of a property.<span class=\"id-r-component br\" data-pos=\"17\"\/>\u201cYou cannot determine what a home is worth unless you expose it to the broader market,\u201d James Dwiggins, CEO of rival brokerage NextHome, told the New York Post.<span class=\"id-r-component br\" data-pos=\"20\"\/>Housing analyst Jonathan Miller similarly warned that buyers using public platforms may not realise they are seeing only part of the available inventory.<span class=\"id-r-component br\" data-pos=\"22\"\/><\/p>\n<p><h2>What it means for sellers<\/h2>\n<\/p>\n<p>The debate is not only about buyers. A private listing can produce a quick sale, but sellers may potentially miss competing offers if a property is not exposed to the full market.<span class=\"id-r-component br\" data-pos=\"25\"\/>That was the experience of San Francisco homeowner Caitlin Bigelow, who initially sold her condominium through a Compass Private Exclusive after receiving an offer at the price she had hoped for. <!-- -->When the buyer later backed out, she listed the property publicly.<span class=\"id-r-component br\" data-pos=\"29\"\/>Six days later, the couple received an offer $100,000 above their original target, ultimately selling the home for $2.15 million.<span class=\"id-r-component br\" data-pos=\"31\"\/>The experience led Bigelow to argue that wider market exposure had helped her achieve a better price.<span class=\"id-r-component br\" data-pos=\"34\"\/>The issue becomes particularly significant in Manhattan because of Compass\u2019 market concentration. If a brokerage controls a large share of listings and those properties are initially circulated within its own network, buyers outside that network may have difficulty accessing the full pool of homes.<span class=\"id-r-component br\" data-pos=\"37\"\/>The concern has already attracted regulatory attention. New York Attorney General Letitia James\u2019 antitrust division is investigating Compass\u2019 market footprint, while several states are considering restrictions on private or off-market listings.<span class=\"id-r-component br\" data-pos=\"39\"\/>The debate ultimately comes down to a question of how much of Manhattan&#8217;s housing market should be visible to everyone; whether sellers should have the freedom to privately market their homes, or whether concentrated private listings risk creating a less transparent market for buyers and potentially limiting competition for sellers.<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/timesofindia.indiatimes.com\/real-estate\/news\/losing-out-on-homes-why-manhattan-buyers-may-be-missing-properties-kept-off-public-listings\/articleshow\/133337239.cms\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>One rela estate broker&#8217;s decision might be causing property buyers to miss out on some offers Manhattan homebuyers may be missing out on a significant share of properties for sale as brokerages increasingly market homes privately before listing them on public real estate platforms, raising concerns about transparency, competition and whether sellers are getting the 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rela estate broker&#8217;s decision might be causing property buyers to miss out on some offers Manhattan homebuyers may be missing out on a significant share of properties for sale as brokerages increasingly market homes privately before listing them on public real estate platforms, raising concerns about transparency, competition and whether sellers are getting the [&hellip;]","magazineBlocksPostCategories":["\u0b26\u0b47\u0b36 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