Selling Your Home 'Off-Market': The Pocket Listing
April 7, 2021By Maggie Li
Selling Your Home 'Off-Market': The Pocket Listing
In a market as hot as 2021, some sellers are choosing to skip the public MLS entirely. Welcome to the world of the 'Pocket Listing.'
What is a Pocket Listing?
A pocket listing is a property that is for sale but isn't publicly advertised. Instead, the agent uses their private network to find a buyer. In Wellesley and Weston, this is often used for high-end luxury estates to maintain privacy.
Pros and Cons
Pros: Privacy, less 'foot traffic' through your home, and an aura of exclusivity. Cons: You might miss out on a bidding war that could drive the price even higher.
The 2021 Verdict
With inventory at historic lows, the public market is currently yielding the highest prices. However, if discretion is your top priority, a pocket listing remains a powerful tool.
Curious about 'quiet' listings in your area? Contact me for a private consultation.