“Pocket Listings?” — Not such a good idea, IMHO, at least for the Flagstaff homes market

I worry about the impact for home sellers of this “pocket listings” trend. I would surely want to discuss this carefully with my clients before keeping a home off the MLS. I’ve seen too many demonstrations of the MLS listing working to Flagstaff home owner’s advantage. The market price cannot be really determined in a private sale.

In other words, the ONLY legitimate reason I can see for a real estate agent to NOT list the property on MLS before allowing his or her seller-client to make a contract to sell is if there are extreme privacy concerns of the seller. Then, I would want to make sure the seller understood the advantages of an MLS listing in order to (temporarily) preserve that privacy.

MLSs at ‘cliff’s edge’ over ‘pocket listings’ | Inman News.



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