Judy Graff's sublime-to-the-ridiculous (well, mostly ridiculous) take on real estate for east San Fernando Valley and North Los Angeles communities. This includes Hollywood Hills, Burbank, Studio City and Toluca Lake real estate and homes for sale, and also covers Valley Village, North Hollywood, Glendale, Atwater, Highland Park, Silverlake, Sherman Oaks and other L.A. areas too. General news and musings as well.
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.
Subscribe to:
Post Comments (Atom)
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.
ReplyDelete