Category: Pocket Listings

Can A Lawsuit Preserve The Super Secret Pocket Listing?

Can A Lawsuit Preserve The Super Secret Pocket Listing?
Back in November I wrote about how the National Association of Realtors’ new Clear Cooperation Policy was going to finally crack down on the shady pocket listing practice and the super secret realtor networks that enabled them. As my use of adjectives and that previous post hints I’m clearly no fan of pocket listings. I... Read more »

National Association Of Realtors Finally Cracking Down On Pocket Listings

National Association Of Realtors Finally Cracking Down On Pocket Listings
In the past 6+ years I’ve written at least half a dozen posts about the evils of pocket listings – listings that are “coming soon” or otherwise “off market” and either temporarily or permanently not on the MLS. Despite the fact that a majority of real estate agents don’t like pocket listings the National Association... Read more »

Pocket Listings: Walking A Fine Line With Selling Outside The MLS

Pocket Listings: Walking A Fine Line With Selling Outside The MLS
As long time readers of this blog well know I am no fan of pocket listings, which many realtors promote as a sexy insider buying opportunity. I don’t buy into any of the nonsensical arguments for pocket listings and I have frequently enumerated the problems with them. So we were recently faced with a challenge... Read more »
Advertisement:

Reigning In Pocket Listings: Chicago Area MLS Creates MLS For Homes Not On MLS

Reigning In Pocket Listings: Chicago Area MLS Creates MLS For Homes Not On MLS
I’ve written a few posts in the past about the wild, wild west of pocket listings that sounds a heck of a lot sexier than it really is. The basic concept is to secretly market a home for sale so that nobody will really know that it’s for sale except for that perfect buyer who... Read more »

Pocket Listings: The Tighter The Real Estate Market, The Worse The Idea

Pocket Listings: The Tighter The Real Estate Market, The Worse The Idea
Back in January I posted on Pocket Listings: The Growing Fad To Sell Homes “Not On The MLS” and how it’s a really bad idea for sellers and really isn’t very good for buyers either. In a nutshell, why would you offer a home for sale to a limited pool of buyers and run a... Read more »

The Real Reasons Some Realtors Promote Pocket Listings

The Real Reasons Some Realtors Promote Pocket Listings
Last week I posted on how the seriously flawed pocket listing concept continues to be pushed by certain realtors and Web sites. It should be clear from that post and an earlier one what the issues are with this real estate strategy. So the obvious question then is why do these realtors continue to push... Read more »
Advertisement:

Pocket Listings: The Growing Fad To Sell Homes "Not On The MLS"

Pocket Listings: The Growing Fad To Sell Homes "Not On The MLS"
If I might say so myself I pretty much decimated the arguments for pocket listings about a year and a half ago. In fact, for once I’m actually in agreement with the majority of real estate agents – most oppose selling homes “not on the MLS”. All you have to do is google the term... Read more »

The Logic Of The Pocket Listing - Why Not List On The MLS?

The Logic Of The Pocket Listing - Why Not List On The MLS?
There is no shortage of real estate mythology, superstitions, and old wives’ tales but one of the strangest concepts is the pocket listing and I think I’m due to weigh in on it since there seems to be an upsurge in the use of this strange technique in the face of a hot real estate... Read more »