GOING BATTY over ‘Pocket Listings’ in an Increasingly Competitive Real Estate Market?
Some of the most exclusive real estate properties never hit the open market. Instead, sellers will only solicit offers from a select group of buyers through what’s known as a “pocket listing.”
This practice is nothing new. But in a super-competitive real estate market, it’s not just luxury homes that are being sold this way. Here’s what you need to know about pocket listings — and how you can find out about them if you’re in the market for a new home.