
sellers ·
Should You Sell Your Beverly Hills Home Off Market?
The pros, cons and rules of selling a Beverly Hills home off market: privacy, price, NAR's 2025 policy, private networks, and when a public listing is the better choice.
By Yasmine Benmaiza, Luxury Real Estate Agent, Carolwood Estates
You should sell your Beverly Hills home off market if privacy, discretion or control over who sees the home matter more to you than exposing it to every possible buyer, and if your agent has real access to qualified private buyers. You should list publicly if your priority is the widest possible competition and the highest achievable price, or if a private test has not produced the right buyer. Off-market selling is a legitimate strategy under NAR’s 2025 rules, but it has a cost: Zillow’s national data shows off-MLS homes sold at a median 1.5% lower price. The right answer depends on your home, your goals and your timeline.
Key Takeaways
- Off-market selling is permitted. NAR’s March 2025 policy allows office exclusive and delayed marketing exempt listings with the seller’s signed consent.
- The benefit is privacy and control. The risk is a smaller buyer pool and potentially a lower price.
- Zillow found a national median 1.5% lower sale price for off-MLS homes in 2023 and 2024. Luxury outcomes vary home by home.
- Private networks make the difference. Carolwood’s pocket listings portal was reported at more than $1 billion of private inventory in May 2025.
- A private phase followed by a public launch is often the most practical approach.
What “off market” means for a seller
When you sell off market, you sign a listing agreement but your home is not broadly advertised on the MLS feeds that power public portals. Your agent shares it selectively with qualified buyers and agents. There are a few forms:
Office exclusive
The listing is marketed within one brokerage. Under NAR’s Multiple Listing Options for Sellers policy, announced March 25, 2025, office exclusives remain allowed with a signed seller disclosure.
Delayed marketing exempt
A newer status, created by the same policy. The home is entered in the MLS and visible to agents, but public syndication to consumer sites is delayed for a period set by the local MLS.
Fully private, network based sale
The home is introduced one to one, agent to agent and through private brokerage networks. NAR’s framework allows one to one communication between agents about such listings, while broad multi brokerage marketing triggers Clear Cooperation, which requires MLS submission within one business day of public marketing.
The case for selling off market
Privacy
Many Beverly Hills owners do not want their interiors online, open house traffic or a public price history. A private sale keeps photographs, floor plans and pricing within a small group of qualified people.
Control
You decide who sees the home and when. Showings can be limited to buyers who have shown proof of funds and signed confidentiality agreements.
Testing price without a public record
A public listing creates a permanent history: days on market, reductions, relistings. A private phase lets you test price with real buyers before committing. In Q2 2026, Sotheby’s reported average days on market of 62 in Beverly Hills. Some sellers prefer not to start that public clock until they know where demand is.
Convenience
Fewer showings and no open houses can matter to families, public figures and sellers with tenants or staff.
The pool and pergola at 10301 Strathmore Drive, Little Holmby, a sale I represented on the seller side with Zac Mostame.
The case against
A smaller buyer pool
Fewer buyers seeing the home can mean fewer offers and less competition. Zillow’s study of 2023 and 2024 transactions found homes sold off the MLS had a median sale price 1.5% lower than comparable homes sold on it. That is a national median across all price points, not a Beverly Hills luxury figure, but the direction is a fair warning.
Weaker price discovery
Without a public market test, it is harder to know whether an offer is the best available. That makes independent pricing work essential.
It can make a later public launch harder
If a home is shown privately to many agents for a long time without selling, word gets around. A private phase should be short and well planned.
How to decide
Ask yourself these questions:
- How important is privacy, really? If it is essential, private is the starting point.
- How unusual is the home? A unique estate may benefit from the widest exposure, or from a targeted approach to a small number of buyers who will value it.
- What is your timeline? A private sale can be fast if the right buyer exists. A public campaign gives you more data.
- Does your agent have real private buyer access? Off-market selling only works with a network behind it.
- What price would make you happy, and is it supported by comparables?
How I run a private sale
Pricing before marketing
I build the comparable sales analysis first, with the same rigor as a public listing. Market context matters, such as the Q2 2026 Beverly Hills median of $4.75 million and inventory of 169 listings reported by Sotheby’s, but the price comes from the home’s own comparables. My home valuation is the starting point.
Preparing the home
Private buyers are no less demanding. I still recommend professional photography and film for private distribution, a floor plan, and preparation of disclosures and reports.
Reaching buyers quietly
I introduce the home through Carolwood’s private network and to agents I know are representing qualified buyers, along with my own buyer relationships. Buyers sign confidentiality agreements and provide proof of funds before receiving full details or a showing. I work in English, French and Spanish, which helps with international buyers and their advisors.
Deciding when to go public
We agree in advance how long the private phase runs and what would trigger a public launch. If the right offer arrives, we negotiate. If not, we move to a full campaign with the information we have gathered.
The primary suite at 634 Moreno Avenue, Brentwood, a Carolwood Estates listing I listed with Zac Mostame, offered at $15,995,000.
Costs do not disappear
Selling privately does not change transfer taxes. Holmby Hills and Bel Air are neighborhoods of the City of Los Angeles, where Measure ULA applies to sales within city limits. For transactions closing after June 30, 2026, the reported thresholds are $5.4 million at 4% and $10.9 million at 5.5%. The City of Beverly Hills is a separate city. Your tax and legal advisors should confirm what applies to your sale.
A public result for comparison
Not every sale should be private. 10301 Strathmore Drive in Little Holmby, which I represented on the seller side with Zac Mostame, was listed publicly at $21,995,000 and closed at $20,283,800, a sale The Real Deal reported as the priciest ever recorded in Little Holmby. For that estate, broad exposure was the right strategy. The decision is always specific to the home and the seller.
Related reading
- Why Your Beverly Hills Home Isn’t Selling
- What to Do When a Luxury Listing Expires
- Trousdale Estates neighborhood guide
Questions to ask an agent about a private sale
Not every agent who offers an off-market sale has the network to make it work. Before you sign, ask:
- Who are the buyers? How many qualified buyers in your price range and neighborhood are they actively working with, without naming them?
- Which private networks will see the home? Brokerage portals, agent groups and direct relationships.
- How will you price it without a public market test?
- How long is the private phase, and what triggers a public launch?
- What disclosure will I sign under the current NAR and local MLS rules, and what does it mean?
- How do you protect confidentiality, including NDAs, proof of funds and controlled showings?
What a confidentiality process looks like
A private sale should be private in practice, not just in name. The process I follow typically includes:
- Anonymous first introductions. The first description of the home goes out without an address or photographs of the interior.
- Qualification before details. Proof of funds or lender approval, and the buyer agent’s confirmation that the client is real and active.
- Confidentiality agreements before full details, floor plans or a showing.
- Controlled showings, scheduled around the household and limited to qualified buyers.
- Discretion at closing, including how the sale is described publicly, as far as the law and MLS rules allow.
Common myths about off-market selling
“Off market always gets a premium”
Not on its own. National data from Zillow points the other way on average. A premium comes from the right buyer and strong pricing, not from secrecy.
“Off market means no paperwork”
The sale follows the same California purchase contract, disclosures, inspections and escrow as any other sale.
“Off market is only for celebrities”
Privacy matters to many owners: families, executives, owners with tenants, estates and trusts, and sellers who simply prefer fewer people in their home.
“If it doesn’t sell privately, it’s damaged”
Not if the private phase is short and well managed. Buyers who saw it privately may return when it launches publicly, and the feedback gathered improves the public campaign.
A middle path: the soft launch
Some sellers want privacy at the start and maximum exposure if needed. A soft launch can deliver both. The home is prepared fully, photographed and priced as if for a public listing, then shared privately for a short, agreed window with qualified buyers and agents. Feedback and interest during that window shape the public campaign if one follows. Done well, the private phase becomes a preview rather than a failed attempt, and the public launch arrives with a tested price and a list of buyers already interested.
A practical note on confidentiality: whatever path you choose, keep the details of your plans among a small group of advisors until the strategy is set. In a market where agents and buyers talk to each other constantly, a casual remark about a possible sale or purchase can travel quickly and affect negotiations later. Discretion protects your leverage as well as your privacy. It also keeps your options open if you later decide to change course.
Whichever route you take, write down your goals, your minimum acceptable price and your timeline before the first conversation with buyers or agents. Having those decisions on paper makes it far easier to judge each offer calmly when it arrives, and it gives your advisors a clear brief to work from.
Talk to me about a confidential sale
If you are considering selling quietly, I will walk you through the private and public options for your home, with a valuation and a clear plan for each. Learn more on my off-market selling page or use the form below. Every conversation is confidential.
Sources
- Carolwood republication of The Real Deal: 10301 Strathmore Dr sold for $20.3M ($1,975 per sq ft), the priciest sale ever recorded for Little Holmby; agents Zac Mostame and Yasmine Benmaiza · 2025-11-13
- 10301 Strathmore Dr: MLS 25586507, built 1937, lot 42,887 sf (0.98 ac), SFR, 3-car garage, APN 4359-015-013, listed 2025-09-02 at $21,995,000, sold 2025-11-05 at $20,283,800 (~64 DOM), listing side Mostame/Benmaiza Carolwood, buyer agent Victoria Velazquez (Compass)
- 634 Moreno Ave, Brentwood 90049: active, $15,995,000, MLS 26989223, 7bd/9ba/8,990 sf, 0.26 ac (11,253 sf), built 2025, listed 2026-09-16 (relist); earlier list $19,995,000 (2025-12-02); last sold 2023-02-28 $5,271,000; listing agent Zac Mostame Carolwood
- The Real Deal, May 7, 2025: Carolwood launched an LA pocket listings portal with $1B+ in private inventory (headline listed on Carolwood press page) · 2025-05-07
- Median sale price · 2026-07-06
- Avg days on market · 2026-07-06
- Closed sales / inventory · 2026-07-06
- Zillow: homes sold off the MLS had a median 1.5% lower sale price than comparable MLS listings (2023 to 2024 transactions) · 2025-03-24
- NAR Multiple Listing Options for Sellers: delayed marketing exempt listings, office exclusives, Clear Cooperation retained, signed seller disclosure required · 2025-03-25
- Measure ULA: 4% and 5.5% transfer tax on sales within City of Los Angeles limits above inflation adjusted thresholds, effective April 1, 2023, in addition to 0.56% existing city and county transfer taxes · n/a
- Measure ULA thresholds for transactions closing after June 30, 2026: $5,400,000 (4%) and $10,900,000 (5.5%) · unknown
Frequently Asked Questions
Is selling off market allowed under current rules?
Yes. NAR's Multiple Listing Options for Sellers policy, announced March 25, 2025, keeps Clear Cooperation but allows office exclusive and delayed marketing exempt listings when the seller signs a disclosure. Local MLS rules set the details.
Sources: nar.realtor
Will I get less money selling off market?
Possibly. Zillow's national study of 2023 and 2024 sales found off-MLS homes sold at a median 1.5% lower price than comparable MLS sales. Luxury homes are priced individually, so the result depends on pricing and the buyers reached.
Sources: rismedia.com
Who are the buyers for an off-market Beverly Hills home?
Qualified buyers already working with agents, including relocating families, executives and international buyers. Carolwood's private inventory portal, reported at more than $1 billion in May 2025, is one way they find homes.
Sources: carolwoodre.com
Can I start off market and list publicly later?
Yes. Many sellers test the market privately, then move to a full public campaign if the right buyer has not appeared. Plan it so the private phase does not damage the public launch.
Does selling off market avoid transfer taxes?
No. Transfer taxes apply to the sale regardless of how it was marketed. Inside City of Los Angeles limits, Measure ULA applies above inflation adjusted thresholds.
Sources: en.wikipedia.org, finance.lacity.gov
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