It refers to a property where a broker has secured a signed listing agreement or contract with the seller but is not advertised. ![]() Sometimes called an “ off-market listing” or “hip pocket listing,” a pocket listing is a property that isn’t listed in a multiple listing system (MLS) or another listing website like Zillow,, Trulia, etc. The term “pocket listing” was born out of the notion that the listing is kept in the “pocket” of the seller and their agent and not made public. And sometimes simply being the first to make an offer gets you the advantage you need to win a home,” notes one agency COO in Southern California. Homes are selling in days with multiple offers, so even just getting to see a house before it hits the market gives buyers extra time to decide if it’s right for them. ![]() “Especially in today’s market, just flooded with buyers and limited inventory, having access to off-market listings gives house hunters a leg up on the competition. Dwayne “The Rock” Johnson paid close to $28 million for a stunning Beverly Park show home through a pocket listing earlier this year.Īnd while some may feel this strategy is mostly reserved for exclusive luxury homes, the practice of pocket listings is prevalent across price points in our hyper-competitive real estate market.
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