Most sellers who go for the pocket listing approach tend to be high-end clients (usually celebrities) who don’t want to attract undue attention by publicly listing their property.
So why the need for this hush-hush approach? Well, there are a few reasons for that. Why Would Someone Use Pocket Listings? Why Would Someone Use Pocket Listings? It’s a very niche section of the real estate market that deals primarily in high-end real estate that needs a particular buyer. Pocket listings only make up about 10% of all national listings, by most estimates. Instead, the seller’s agent in charge of the pocket listing will try to sell the property privately, usually through their contacts. Try to search for it online, and you won’t find it. This is technically a for-sale property but won’t appear on any MLS sites. What is a Pocket Listing? What is a Pocket Listing? Welcome to pocket listings, a lesser-known and sneaky way to sell your home.
But what if we told you there was another way? A way to test your asking price and maintain your privacy. Then you wait for other agents or brokers to see the listing and bring their buyers to view it. First, you hire a real estate agent and have them list your home for sale, usually through a local multiple listing service (RLS or MLS) and various consumer platforms. Most of us are familiar with the traditional process of selling a home.
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