Want to know the top 10 advantages of a Compass Private Exclusive (PE)? Read on to find out!
- Generate pre-market buzz for your home. While we prepare the listing for the public market, we can list your home as a Private Exclusive on Compass so that we can begin to build interest in your property.
- Listing your home as a Private Exclusive, allows us to test the market’s reaction to our pricing without risk of days on market (DOM) or public price drops. It’s a way to get eyes on your property while DOM and price history will not carry over when we list it publicly on the MLS and Zillow.
- Listing as a Private Exclusive first means that your property will not accrue unnecessary days on market. DOM can reduce the value of your property and make buyers hesitant. Utilizing PE can help you to receive the highest and best offer.
- First impressions matter. You might think a Private Exclusive is just for sellers who want to retain their privacy, but Private Exclusives also help us test what really matters to buyers. PE’s allow us to get feedback from other experienced Compass agents as to what is most important and desirable about your home. This allows us to custom tailor the marketing and listing description directly towards what buyers will be looking for.
- Buyers feel special when you let them see the property early while it’s off the market. And letting buyers know that you are going to list it publicly at a certain date, can lead to highly attractive offers in their attempts to secure the property before it goes public.
- If you’re not ready to list your property for 6, 9, or even 12 months, we can list it as a Private Exclusive now at a desirable price. Since it doesn’t accrue days on market and the price history isn’t disclosed, there may be an interested buyer that might agree to your later closing date.
- If you’re concerned about your privacy or security, a Private Exclusive means that the general public will not be able to see the photos or floorplans of your home since it will only be viewable to Compass agents. In fact, we don’t have to up any photos if you don’t want to.
- Consider this your Hollywood trailer. Movie trailers entice excitement before the movie actually launches. With a PE we can do the same thing at no cost to marketing time or days on market.
- Promote your property while you are still preparing the home for sale with PE. While we are painting, staging, and preparing your property for the public market, we can list it as a Private Exclusive so that we can start to signal to the market that we have something coming.
- When we first list as a Private Exclusive, it’s possible your listing will spend less days on the market when we publicly list the property because we’ve already received feedback and made any adjustments to best position it for its release.
For more on Compass Private Exclusives be sure to check out our blog here on Ways to Sell Your Home Using Compass Private Exclusive/Coming Soon. For more on the Advantages of the Compass Pricing tour check out our blog here.
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