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. 

1 comment:

  1. If you want to know what exactly are pocket listings, you can read a lot about it here including the pros and cons of pocket listing in the housing market.