Comments on: What Is a Pocket Listing? Definition, Pros & Cons for 2024

By: Gina Baker

Gina Baker — Tue, 27 Aug 2024 13:58:21 +0000

In reply to Louie Olague. Great point, Louie! And, of course, it's hard for us to know how many pocket listings are actually out there since they're not regulated.

By: Louie Olague

Louie Olague — Thu, 25 Jul 2024 00:40:11 +0000

Many are arguing that today pocket listings have grown dramatically from under 10% to over 40%!
Given this, PLs have become a threat to agents thus the push for regulation and less privacy between buyer and seller, while attempting to sell fear about transparency for PRIVATE individuals and business.

By: Chris Linsell

Chris Linsell — Wed, 19 May 2021 13:40:02 +0000

In reply to Sh-nee.

Thanks for the comment. I agree; a ban on pocket listings is certainly a sign that NAR doesn’t trust it’s members to make good decisions on this particular issue. Regulation feels like a good idea to me, but within the bounds of giving Realtors the opportunity to make their own decisions based on the best interests of their particular client.

Chris

By: Sh-nee

Sh-nee — Tue, 18 May 2021 14:13:41 +0000

I do not necessarily agree with the ban. I think as agents, our job is to get the home sold for the seller. If the seller is in agreement, then I do not think where we choose to market the listing should be regulated. I can see the concern over fair housing practices, but on the other hand, we have to be trusted as REALTORS to abide by the code we signed up for.