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What Is A Pocket Listing? The (Ultimate) Guide | Real Estate Skills
Pocket listings are one of the unique and controversial methods of buying and selling real estate.
The “pocket” side of the term is metaphorical. It is essentially a listing represented by a real estate agent who is exclusively selling a property without advertising it to the general public.
Thus, they are said to be keeping the property in their pocket to maintain privacy and sell only to a limited buyer pool.
The National Association of Realtors (NAR) found that up to 30% of all listings are believed to be pocket listings in some real estate markets.
This method of selling keeps properties very low-profile, which may be a preferred method of buying and selling for some. For others, they are perceived as a disservice to the real estate market as a whole.
If you're eager to learn all about pocket listings and how to benefit from them in your business, then look no further.
Read on and enjoy What Is A Pocket Listing? The Ultimate Guide! (Use the menu below to jump to the...
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Alex Martinez
Real Estate Entrepreneur
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