Definition
A property that is for sale but not yet officially listed on MLS or other databases. Pocket listings are marketed only to select agents or buyers through private networks.
Where you’ll meet it
What's different at the high end?
See it in Selling a luxury home · Step 1About this term
Pocket listings are sometimes used by sellers who want more privacy during the selling process or who want to control the showing process before official marketing begins. While pocket listings can offer advantages like reduced showings and privacy, they may also limit the buyer pool and market exposure. The prevalence and legality of pocket listings has become a subject of industry debate regarding transparency and market access.
Pro Tip
Build relationships with agents in your target area. They often have access to pocket listings before they become public.
Example
The agent told her exclusive client about a pocket listing in the sought-after neighborhood before it would hit the MLS in two weeks.