Articles For Aspiring & Active Real Estate Investors
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...