Have you heard the term Pocket Listing and wondered what it is? We are here to define this Real Estate term for you. Simply put, a pocket listing is a term used in real estate for a listing that is coming soon or has not yet hit the market.

In a hot real estate market or a market where there is a shortage of homes, a pockets listing is a sought after because it means you can find a home and may be able to see it and bid on it before it is in the multiple listing services (MLS) for all to see.

If you are a seller this may not be a good thing for you because less people will see your listings and less people will likely submit an offer on your home.

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