For those not familiar with the term, a pocket listing is a property with an owner who would like to sell, but is not formally listed and on the open market. The broker who knows about it (and likely has a written agreement with the seller) considers this a pocket listing... one which he or she has access to, but other brokers do not. For obvious reasons, this is highly advantages to the broker who has the relationship with the potential seller.
As a buyer, it is a benefit to work with a broker who has access to all of the inventory, beyond what is listed on the MLS. As a Seller, it can be a much less stressful process to sell by forgoing the usual rigors of dealing with tire-kickers and less-than-serious buyers.
Where am I going with this?? We have lots of pocket listings. We share them with our exclusive buyers. As a buyer, you should be working with us to ensure you are seeing ALL of the available inventory.
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