Wednesday, February 06, 2013
"Quiet" listings versus "pocket" listings
You learn something new every day. I just learned that pocket listings aren't pocket listings if listing paperwork has been completed. If that's the case, the listing is a "quiet" listing. "Pockets" are only those homes that have no written agreement between the seller and the listing agent. So 621 N. Keystone is a quiet listing, not a pocket listing.