Part of the story about the Pre-MLS sales was that the local rules require that agents have 48 hours to input their new listings. The last paragraph of the story: The waiting period before a listing is submitted into the MLS was originally put in place to accommodate...
Pocket Listings
Pocket/Off-MLS Sales
In a world accustomed to shock and awe, it seems that all media outlets feel the need to bolster their headlines to grab more eyeballs. The I-News is no exception:...
Pocket Listings & Open Sales Data
Once lawsuits start flying over pocket listings (which limit exposure, and thus selling price), the practice should end quickly. Agents don't think there is anything wrong with them because they see so many other realtors doing it - heck, there are websites devoted...
More Pocket Scum
Realtors will put a twisted spin on any new gadget in order to justify hoarding commissions. In this article, one manager convinces himself that because he gets '300 emails a day and four actually apply', it's good to use a separate system that enables pocket...
More on Pocket Listings
My contribution to a big article on pocket listings in the OC Register: http://www.ocregister.com/articles/mls-529529-pocket-home.html Other agents say pocket listings are never a good idea. If being on the open market is good enough for Kobe Bryant, arguably the...
More on Pocket Listings
Lily got into the pocket-listing conversation yesterday. Note how cagey agents are about their own position of right or wrong. They want to leave the door open in case they have another shot at doing a round-tripper off the grid - the commission is more powerful...
Pocket Listings Undisclosed
The C.A.R. published more information on pocket listings, summarized here: http://www.mercurynews.com/saratoga/ci_23531360/realtors-share-info-off-mls-listings The real problem isn't getting addressed. The "pocket" realtors usually don't tell the sellers they are...
More on Pockets
The state association of realtors (C.A.R.) attempts to address the pocket-listing issue in its latest edition of California Real Estate magazine: http://www.onlinedigitalpubs.com/publication/?i=163273 They describe how agents think that pocket listings are OK, as long...
Not Pocket Listings
Enough people have sent this in that I guess it needs to be addressed, but this is what every agent does. The rest of us call it "getting listings", because we do what's best for the seller:...
Pocket Listings
The California Association of Realtors addressed the 'pocket listings' topic. It took them an hour to boil it down to this - the listing agent is bound by California law to properly explain the benefits of exposing the property on the MLS, and how it is in the...