No, that would be a benefit for me but not the clients.  I want the listing in MLS as quickly as possible.

No, I don't believe they work in the best interests of my seller. Does not fully expose their house to the full market.

Yeah, usually at least one or two. But there will ALWAYS be cooperation AND compensation offered to buyer or tenant's agents. Homey does not play that!

We WANT to cooperate with you.

These other guys that don't, when the market turns and they need help from other brokers, they're going to find out why that's a bad idea.

    Some luxury homes, celebrities, politicians need to have "pocket listings" for privacy.  Other than that, PL's are almost always an attempt by the Listing Office to pocket the entire commission.

Jim Gaffigan has a hot pocket listing

Don't know what a packet listing is, but I do have a pocket listing 

Valeria I do not,  but I know an agent who has a pocket flask .

Does that count?   ^_~

No. Getting the sellers top dollar is more important to me than double-siding a sale.

I do have a listing that is Coming Soon but, it's not a pocket listing - everything is done per MLS guidelines so that the sellers benefit with the most exposure when it hits the market this weekend. 

42 at last count. All are under build or renovation but we can still sell them!

I have 3. 

I guess, these 3 half of Sunny Isles Beach has it. LOL.

Yes, it is choice of the Seller. It will go on the MLS at a certain date in the future.

No, I am serious about marketing mine.

I have upcoming listings that I'm working toward.  If I had a buyer for one, I'd discuss it with the seller before bringing it up to a buyer.  I would advise my seller that full market exposure brings the best outcome, but if they felt working with this buyer would be beneficial for them, it would be their choice. 

Don't like pocket listings!

I do not. 

No and I think it is poor representation. I even hate the phrase.

This is often confused within the industry.  Some think a "pocket listing" is one in office that is not in MLS. Or some think it is a seller who will sell if you have a buyer.  But a "pocket listing" is not a listing at all unless you have a signed employment contract.  We require these within our brokerage, and written instructions as to when (if ever) the listing will go into MLS. 

Not at the moment. 

Yes... it was a unique situation.

Yes some coming soon listings 

What are you looking for?

Valeria,

Do you mean "pocket" ?

.

Nope.

Packet or pocket?

No, listings on the open market available to all agents will garner more offers and usually a higher price.

No, Valeria Mola 

Yes why?

That is a MLS violation in my area...

I could but do not.

I have some knowledge of sellers that might sell if the right price came along. If a buyer came along and needs matched up, I would go to one of these sellers.

all of our listing go into MLS .....unless there's a subdivision where the land owners will not pay a commission....we will bring our own builders and get the listings from the builder....

No. And I never have had one. My belief is that the best result for my client, to whom I owe a fiduciary relationship, is achieved by the widest possible marketing of the property...including through the multiple listing service.

I have yet to meet anyone wanted to sell for less.

Never accepted one since it would not be in the seller’s interest.

Yes.  I have two right now.  It's the nature of my business model and niche.  They're homes that are in the process of being flipped.  Once the rehab is done, they go on the MLS.  Until then, I have the listing but they aren't in the MLS (and generally not shown either).  Still technically a pocket listing and in the weeks leading up to the MLS I'll market as coming soon.

One of the controversies found in Real Estate. This one goes to the edge

Always have a few pocket listings.  Often owners like to sell if the buyers pop up....

It appears to be upright!

I do not.

no

Hmm, nearly 300 million houses are NOT FOR SALE in the USA. They are all pocket listing until someone makes them move.

But, if you are speaking solely of existing contracts without submission to the MLS, you bet. Often it is the only way to PROTECT the seller from undisclosed hazards created by the traditional sales method currently used by REALTORS, brokers, associations and franchises.

If the client knew, they would PREFER to be protected.