You can use Privy’s filters and categories to identify off-market leads and uncover potential deals. By targeting motivated property owners, such as absentee owners or pre-foreclosures, you can find opportunities to connect with sellers and close profitable transactions.
Step-by-Step Guide to Finding Off-Market Leads
Set Your Filters for Off-Market Properties
In Privy’s Filters, select the Sold status under property criteria.
Uncheck all options in the Investor Activity section.
Remember: Sold refers to properties that are no longer on the MLS. These could have sold recently or decades ago, but they are not actively listed.
Customize Your Search for Motivated Sellers
Use additional filters to focus on property owners who may be motivated to sell, such as:
Vacant Properties
Pre-Foreclosures
Absentee Owners
Tired Landlords
Run Your Search
Once your filters are set, click Run Search to generate results that match your criteria.
Review Property Categories
Use the definitions below to understand key property categories:
Absentee Owner: Non-owner-occupied properties, often rentals.
Bank Owned: Properties repossessed by the bank after foreclosure.
Cash Buyer: Properties owned outright without a mortgage.
Auction: Properties sold via public auction.
Corporate Owned: Properties owned by an LLC, corporation, or trust.
Inter-family Transfer: Properties sold between family members.
Pre-Foreclosures: Properties with delinquent mortgage payments where foreclosure has been initiated.
Foreclosures: Properties in advanced stages of foreclosure.
Owned 20+ Years: Properties held by the same owner for over 20 years.
Tired Landlord: Non-owner-occupied properties owned for 8+ years.
Vacant: Properties identified as vacant by the local post office.
Zombie Property: Vacant properties with absentee owners.
Why Use Privy to Find Off-Market Deals?
Identify Motivated Sellers: Target property owners in challenging situations, such as vacancies or pre-foreclosures.
Leverage Public Records: Access detailed ownership and property history.
Customizable Filters: Focus your search on specific property types and ownership profiles.