What is a pocket listing?

Raziel Ungar

April 9th, 2012 - 1 min read
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A pocket listing is a home for sale by a Realtor which has not been placed in the MLS, or "on the open market". It is called a pocket listing because the listing agent (who represents the seller) does not widely market the home, keeping it in his or her "pocket", as requested by the seller.

Why might a seller not choose to market their home via the MLS? Though it's THE marketplace for homebuyers and where all the action is, sometimes

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