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pocket listing

“How Come There’s a ‘For Sale’ Sign in Front — But It’s Not on MLS?”

Benign (and Not So Benign) Explanations The benign explanation for why there’s a “For Sale” sign in front of a home, but it’s not formally listed on MLS, is that there’s a brief timing difference. The sign installation companies typically show up anywhere from 3-5 days after receiving an order, and can be behind schedule...
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“Seller’s Market” Side Effects: More Would-Be Realtor ‘Hogs’

Non-Listed Listed Homes One of the side effects of a seller’s market is more homeowners who believe that they can sell their home without a Realtor (called “For Sale by Owner,” or “FSBO”). Here’s another:  homes putatively listed by a Realtor, but nowhere to be found on MLS (Multiple Listing Service, the repository for all...
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“Pocket Listings”: Good for Agents, Bad for Clients

“Shhh!  Don’t Tell Anyone My House is for Sale” “Listing agent will not also represent Buyer.” –Clause added to every listing contract I sign If your Realtor will agree to the foregoing clause — as I do on every listing I’ve ever handled — you don’t need to worry about a “pocket listing.” That’s because the Realtor...
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