How Shadow Inventory Can Help Buyers in a Seller’s Market

Janice Overbeck Real Estate Leave a Comment

The number of Cobb County homes for sale is extremely low, so we’re looking for shadow inventory for our buyers.

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Shadow inventory is extremely important in today’s real estate market.

Right now in Cobb County, our inventory levels are about 7% lower than this time last year. That’s why we’re looking for as many homes as we can find that aren’t on the market yet so that we can find the right homes for our buyers.

Some of these homeowners may be interested in selling but don’t want to put their homes on the market. That is called shadow inventory—these homes are for sale, but they are off-market deals.

Shadow inventory can include expired listings that were on the market years ago, “Coming Soon” properties, and quiet listings. There are a lot of people who would like to sell that have agents spread the word around the real estate community rather than going on the MLS.

Shadow inventory allows you to buy a home that’s not even on the market.

Sometimes, people just don’t want their neighbors to know that they’re interested in selling. In the case of expired listings, the seller may not want to go through the process of putting their home on the market again.

There is a lot of shadow inventory out there. We are working really hard to find these properties for you.

If you are looking to buy a home, you know that as soon as something comes on the market that’s priced right and in good condition, it will go under contract. Shadow inventory is a good way to find a home and avoid competition from other buyers.

If you are interested in learning more about shadow inventory or buying a home that’s not on the market, give me a call or send me an email. I would be happy to help you!

About the Author

Janice Overbeck