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Do pocket listings sell for more or less money?
Do pocket listings sell for more or less money? We'd like to avoid the hassle of lots of showings and open houses (we have young kids) and maybe a pocket listing could generate interest so that house sells sooner?? But we also aren't sure if that's good financially. Any advice would be appreciated.
Asked By Charles | Barrington, IL | 190 views | Selling | 10 months ago
Answer(4)
Adrian Tridel
Adrian Edwards
Pocket listings are not advertised on the open market and are instead shared privately within a smaller network. This limited exposure can result in fewer potential buyers being aware of the property, which may lead to less competition and, consequently, a lower sale price.
- 10 months ago
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Omar Mohiudin
Homesmart Connect
Hey Carlos, it truly depends on the home and the situation. If you want to get top dollar the best way to go is to list on the MLS in order to maximize exposure. You can limit the showings with a broker to times that work for you and your family.
- 10 months ago
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Emily Haddad
The Danberry Co., Realtors
Something that I have done to eliminate lots of showings is list as coming soon, if available in your area, and then hold an open house the day the house goes active. I usually have an offer within a few days of the home being on the market.
- 10 months ago
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My advice would be to list your home on the MLS. Doing so means that more buyer and agents find your property which in turn generates interest, and is more likely to achieve your finance goal for selling your home.
- 10 months ago
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