January 2017

Found 1 blog entry for January 2017.

Jan 13

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There are many terms that are solely related to real estate and often are not understood by the general public.  The term pocket listing is generally understood but sometimes confused on how it actually works.  There are two forms of pocket listings with a brief explanation here.  First, a pocket listing is a home that is not on the open market for sale but the owner has told one or more agents that he would be willing to sell at the right price.  The property is not on the open market but communicated between real estate agents and there potential buyers.  One type of pocket listing is where the agent has a signed agreement with the owner to be the exclusive agent but for some reason doesn't want the home on the multiple listing service.  This can be for