Mike Rock, Granite Bay Luxury New Construction...For Less (Complete Design)

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Rainmaker
5,379,203
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

You never know what agents might do. However, in our area, if you follow MLS requirements, the listed property must be put on MLS. 

There will never be a shortage of unethical real estate agents.

Sep 07, 2015 09:28 AM
Rainer
505,665
Sara Wagner
Woodland Management Service - Adams, WI
The Forestland Experts!

Some agents do this, but all listings must be put into the mls within 4 days of signing the listing agreement.

Jan 05, 2019 12:26 AM
Ambassador
4,212,805
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

Dont have any pocket listings.

Jul 14, 2018 07:37 PM
Rainmaker
1,157,274
FN LN
Toronto, ON

If the seller does not agree for the listing to be on MLS, it does not go on MLS.

Sep 07, 2015 05:44 PM
Rainmaker
798,059
Troy Erickson AZ Realtor (602) 295-6807
Good Company Real Estate www.ChandlerRealEstate.weebly.com - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Mike - I sold a home before I ever even put up the For Sale sign, so it never made it to the MLS.

Sep 07, 2015 04:29 PM
Rainer
299,387
Virtual Realty Consultants
Virtual Realty Consultants LLC - Wellesley, MA
Making the American Dream a Reality

This is really up to the broker and MLS policy.  In MA, once the listing agreement is signed, the agent must post the listing immediately on the MLS or file with the Service a delayed listing agreement signed by the seller indicating when the home will be added to the MLS, but then no marketing can be made until such time.  If it is truly a pocket listing, or an exclusive right to sell with consent to dual agency and a waiver of MLS cooperation, then this needs to be ok with the broker and on file with the MLS.

Sep 07, 2015 02:17 PM
Ambassador
2,863,819
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

we can enter with pend at listing.  and yes I put it in when it closes and immediately change it to sold.  It becomes a comp for agents to use that way.

Sep 07, 2015 02:00 PM
Ambassador
3,982,999
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

My company requires it to be put in MLS to count as a transaciton. So I would enter it then immediately pend it.

Sep 07, 2015 12:41 PM
Rainmaker
1,490,694
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • Green • GRI • HAFA • PSC Calabasas CA

In the CA listing agreement the seller can opt out of the MLS. If they did not, you must list and change the status to pending or sold, adding something like ''sold before processing''.

Sep 07, 2015 12:40 PM
Rainmaker
3,982,464
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Once we have a legal listing we have 3 days to put it on MLS.   We are also required to put it on the MLS even if it sells right away. 

Sep 07, 2015 11:58 AM
Rainmaker
2,394,954
Evelyn Johnston
Friends & Neighbors Real Estate - Elkhart, IN
The People You Know, Like and Trust!

Not all listings put on the MLS and pended right away are pocket listings.  I have had some that are expired and I brought them a buyer.

Sep 07, 2015 11:44 AM
Rainmaker
346,403
Brenda J. Andrew
ULTIMA REAL ESTATE - Corpus Christi, TX
Professional Realtor in Corpus Christi, TX

It just depends on the clients.  Most of the time I do not put it in the mls at all, mainly just to protect the clients so no one can see the previously sold data. 

Sep 07, 2015 09:58 AM
Rainer
192,807
Sharon Altier, SFR
Lawton Realty Group, Inc. - Elmhurst, IL
Your Real Estate Partner

I do not do pocket listings. I have seen several agents to it and do not think it is in the Seller's best interests. 

Sep 07, 2015 09:51 AM
Rainmaker
4,442,609
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Mike,

Does not appear on the MLS.  

Sep 07, 2015 08:18 AM
Rainmaker
313,539
Cindy Davis
SD Home Source Realty - San Diego, CA

My actions are determined by what the seller has authorized me to do. If it's a pocket listing with no commission to buyer's agent, then I do not put it on the MLS.

Sep 07, 2015 07:59 AM
Rainmaker
1,002,573
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

There is a reason they're called pocket listings and attaching MLS to that reason defeats the Seller's purpose. Don't expect to earn any future profit from this tactic in your niche. 

Sep 07, 2015 07:51 AM
Ambassador
3,676,945
Patricia Kennedy
RLAH Real Estate - Washington, DC
Home in the Capital

Here we see an occasional listing added after settlement "for comp purposes only", often with no photos or other particularly useful information.

Sep 07, 2015 07:30 AM
Rainmaker
760,081
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

Of course.

It is MIRACULOUS I can secure a buyer for house one day after I publish it on  on the MLS.....and have back ups!

 

 

Sep 07, 2015 05:23 AM
Rainmaker
3,332,350
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

I haven't had a true pocket listing but I know of examples of the situations you describe.

Sep 07, 2015 05:07 AM
Rainer
230,518
Mike Rock
Complete Design - Granite Bay, CA
Granite Bay Luxury New Construction...For Less

they do it to improce their days on market and have it go thru the board to beef their numbers up

Sep 07, 2015 05:28 AM