1. From the October 2017 Housing News Report
THE OFF-MARKET
HOUSING MARKET
From the October 2017 Housing News Report

2. SHARE OF OFF-MLS SINGLE FAMILY HOME SALES IN 2016
Share of Off-Market Sales in Select Counties
SHARE OF OFF-MLS SINGLE FAMILY HOME SALES IN 2016
Maricopa County,
Arizona (Phoenix)
24.9%
“The MLS is an antiquated tool created by real estate brokers to keep buyers dependent on them. But the Internet changed all that.”
Orange County, California
18.7%
Dallas County,
Texas
14.0%
Los Angeles County,
California
8.1%
REX REAL ESTATE ON ITS WEBSITE

3. MLS Share Shrinking in Orange County
MLS SHARE OF SINGLE FAMILY SALES IN ORANGE COUNTY, CA
PUBLICLY RECORDED DEED SALES
MLS SALES COUNTS
MLS SHARE OF SALES
30,000
25,000
20,000
15,000
10,000
5,000
90%
88%
86%
84%
82%
80%
78%
76%
74%
72%
70%
68%
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016

4. Back Pocket Buyers
“We have agents who have 50 to 75 buyers sitting there as pent- up demand waiting for listings. A lot of these home sellers are willing to entertain an offer that they feel is fair for the asking price they are wanting to get for the property …a ready, willing and able buyer in queue is very appealing.”
MICHAEL MAHON
President, First Team Real Estate, Southern California

5. MARICOPA COUNTY (PHOENIX) iBUYERS
iBuyers Flocking to Phoenix
MARICOPA COUNTY (PHOENIX) iBUYERS
OFFERPAD
OPENDOOR
700
600
500
400
300
200
100
$329,172
“As an analyst, the number one question I get asked is, ‘What percentage of homes sold are listed on the MLS?’”
2014
2015
2016
YTD 2017
TOM RUFF
Analyst, Arizona Regional MLS

6. iBuyers Diving into Dallas
DALLAS COUNTY iBUYERS
OPENDOOR
140
120
100 80 60 40 20
“For sellers, Opendoor makes it easy for homeowners to receive a fair market value offer in a few clicks, eliminating the hassle of home showings and months of uncertainty and giving them the power to close on their timeline.”
EVAN MOORE
Head of Agent Experience, Opendoor
2016
YTD 2017

7. Read the Full Article at www.attomdata.com/HNR/OffMarket
For custom data request, contact