What is a pocket listing?

Mar 23, 2022

A pocket listing provides buyers with the information they need to make intelligent offers and sellers with offers that close quicker. Every home listed on pocket includes:

  • Seller’s terms – the terms that the seller is willing to accept from the highest bidder when their reserve is met at the end of bidding.
  • Due diligence documents – preliminary title report/title commitment, pre-inspection report, seller’s disclosure and Purchase and Sale Agreement (PSA)
  • Neighborhood data – school ratings, crime rankings, and demographic information.
  • Price Information – neighborhood and metro home value appreciation comparisons, historical sales price(s), average neighborhood home price, and estimated rental value compared to average neighborhood rent.
  • Bid analytics – all bids, bidding trends over time, average bid increase, number of bidders and bidding frequency. 
  • Direct access to the seller – live commenting and seller Q + A.