How hot is hot when it comes to housing markets across the country right now? Crazy hot: Some houses sell within days, sometimes within hours, of listing.
Then there are the growing numbers that sell even before they formally hit the market — sold through a controversial technique known as “pocket listings.”
Essentially it’s a private, “off-market” listing, often of short duration.
Instead of putting the house on the local multiple listing service — which exposes it to a vast number of shoppers and agents via real-estate websites — agents restrict access to information about the house to their own buyer clients or colleagues in the same brokerage, hoping for a quick, full-price sale.
Bedford New York Real Estate | Bedford NY Homes by Robert Paul Realtor » Blog Archive » Denver housing market recovers but sellers remain scarce | Waccabuc Homes.