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A real estate pocket listing isn’t included in the Multiple Listing Service (MLS) and is often referred to as an exclusive or off-market listing. This means that agents in general and prospective buyers don’t see the listing. The seller quietly keeps the house in their “pocket.”
But does a pocket listing benefit the seller? Potential buyers may be limited if the property isn’t listed on the MLS. There also may be some legal gray areas when it comes to exclusive listings.
How Do Pocket Listings Work?
Pocket listings come in several forms, but share one thing in common: Access to them is restricted.
