Anyone have any pocket listings?

Asked by Dan Ghaowi, Chicago, IL Tue Jul 16, 2013

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Annette Law…, Agent, Palm Harbor, FL
Tue Jul 16, 2013
Joseph and Matt have both expressed pocket listing as a 'bad idea' or 'disservice.'
I have to disagree.
They are the greatest thing since sliced bread.
Just like a copyright reserves how ones intellectual property will be used, a pocket listing allows the agent to determe how the sellers or homeowners best interests will be served. The more facets of the transaction that can be controlled, the greater the benefit to the seller.
Let's understand, we have not defined what a pocket listing is. The term is a truth married to a lie.
A "LISTING" is a home for sale that is listed in the MLS. The term as commonly used does not distinguish between an exclusive, secret, FSBO or 'not for sale' home. ALL not for sale homes can be pocket listing without a more reliable definition.
I would propose that every knowledgeable agent have no less the three tiers of marketing a home to volumes of buyers and agents before it is ever considered for MLS entry and the homes degradation on aggregate websites.
Joseph is correct in one dimension of the disservice aspect. Pocket listings, by design, ignore the tire kickers, low-ballers, Big Bank Borrowers, unqualifed and unrepresented buyers. Exactly how that is a disservice to my seller has not become apparent, in any MEASURABLE aspect.
Those who respond to pocket listings know the community, know the values, and are highly motivated buyers. Who could ask for anything more? And, as we all know, real buyers come through other real estate professionals.
If you do business in FL and have pocket listings, put me in your loop.
2 votes
Matt Laricy, Agent, Chicago, IL
Tue Jul 16, 2013
I think these are stupid. I really see zero point to it. The only reason any company would do this is simple: money. If you keep it to yourself, you will double up or make your company more money. If you can sell it in your own company quick, imagine how much more the open market would get.
1 vote
Dan Ghaowi, Mortgage Broker Or Lender, Chicago, IL
Wed Jul 17, 2013
I am in need of unlisted properties (seen everything on MLS) anywhere in the Chicagoland area. Rehabs, foreclosure, etc.. I have investors with proof of funds.
0 votes
JIM Michaels, Agent, Chicago, IL
Wed Jul 17, 2013
which area are you looking in
0 votes
Cindy Wilson, Agent, Chicago, IL
Tue Jul 16, 2013
What is the question? If you're seeking to help your clients, be more specific. Most brokers know of properties that aren't on the market yet.
0 votes
Joe Schiller, Agent, Chicago, IL
Tue Jul 16, 2013
i think it takes a very savy agent to know how to work these correctly..99% of the time its is disservice
0 votes
David Green, Agent, Annapolis, MD
Tue Jul 16, 2013
A pocket listing is a normal thing an agent should have for any property that will be or should be listed soon.

What are you looking for??

Where are you looking?

Just a price consideration or what special would you like?

David Green, Managing Broker
847 450 0500
0 votes
Manuel Brown, Agent, Chicago, IL
Tue Jul 16, 2013

Where are you looking?
0 votes
Bill J Delig…, Agent, Naperville, IL
Tue Jul 16, 2013


AVAILABLE @ $394,900.

3755 N Racine #2C
Chicago, IL 60613


2 Bedrooms
2 Bathrooms
Split Bedroom Floor Plan
Granite Countertops
Hardwood Floors
Walk In Closet
Stainless Steel Appliances
Amazing Rooftop Views

1 Covered & Secure Parking Spot

Close to Transportation, Dining, Lake & Entertainment

Virtual Tour:
0 votes
Sohail Salah…, Agent, Chicago, IL
Tue Jul 16, 2013
What areas?

Sohail A. Salahuddin | Founder and Team Leader

Innovative Property Consultants Group | Sales and Leasing

Jameson Sotheby’s International Realty

425 W. North Ave. | Chicago, IL 60610 

O: 312.335.3230 | C: 312.437.7799 | F: 847.805.6030

"Extraordinary Service For Extraordinary Lives"
0 votes
Santiago Ken…, Agent, Chicago, IL
Tue Jul 16, 2013
Yes I have some
Email at
0 votes
Jacqueline S…, Agent, Chicago, IL
Tue Jul 16, 2013
Everyone has pocket listings, be more specific.
0 votes
Sari Levy, Agent, Addison, IL
Tue Jul 16, 2013
It wouldn't be smart if there were.
0 votes
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