"Nobody's paying attention": Shark Tank mentor Barbara Corcoran shares three secrets that will help when buying a home

Shark Tank mentor Barbara shared an Instagram clip on February 20, 2025, stating "three secrets" that would help individuals while buying a house. Fans who follow the businesswoman from the ABC reality show must be aware of her background in real estate.

Being an investor and a television personality, she often shares insights about business ventures and various tips, among other things.

The recently aired Instagram clip features the Shark Tank mentor revealing three secrets, of which first was:

"When a house is on the market for six months or longer, nobody's paying attention. They're all running to the new listing in town. Make sure you look at the old listing that's where low offer will be accepted."

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Shark Tank mentor Barbara Corcoran shares three secret tips for those who want to purchase a house

Shark Tank's Barbara Corcoran, a renowned name in the real estate world, shared three "secret tips" for enthusiasts looking to buy a house. Everyone knows that buying a house is quite a task and needs to consider many aspects.

She captioned the Instagram video with:

"Buying a house in this market feels impossible? Here are my top tips to make it happen!"

The entrepreneur could share insights about purchasing a real estate property that would give individuals an "edge." The first tip she shared was about looking for a property that has been on the market for longer. She mentioned six months or more.

Paying attention to such aspects would greatly benefit those looking around to buy a house while getting it at a lower price point. Barbara also mentioned that most people go for the newest listings.

However, she advised to choose the listings that have been in the market for some time but haven't yet been explored.

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"Number two, shop off-season. Everybody's out in the spring and summer. So you should be shopping in the winter. That's always where the best deals are taken, in the wintertime."

The second secret tip was to purchase a house during the off-season. She stated how almost everyone chooses to explore and buy properties during spring and summer. That was the reason why she said what she said.

Shark Tank's mentor added that "the best deals" are carried out during the wintertime. Hence, opting to explore properties during an off-season would also be one factor to consider while purchasing a house.

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"And three, look for a house with a seperate entrance. A seperate entrance allows you to make a seperate unit, which you could rent to offset the cost of your mortgage. Good luck."

The third secret tip that Barbara Corcoran revealed was to buy a house with a "separate" entrance. It could be later on rent, which can help pay off the mortgage.

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Fans can witness Barbara Corcoran sharing more insights and tips while investing in various Shark Tank Season 16 deals. Fans can stream the newest episodes of the reality show every Friday.