Pocket listing
A home marketed privately by an agent instead of being put on the MLS. It limits exposure, and many MLSs restrict it under rules like Clear Cooperation.
Also called: pocket, private listing, off-MLS listing, whisper listing
Related terms
A property sold without being listed publicly on the MLS. Buyers find these through direct outreach, networks or wholesalers.
A NAR rule that a listing must hit the MLS within one business day of public marketing, like a yard sign or a social post. In 2025 NAR added an option for sellers to delay public marketing.
The shared database where local agents post listings and share offers of cooperation. Only members can enter listings; the public sees them through IDX sites.
A status some MLSs allow for homes that will be listed shortly but cannot be shown yet. Rules on marketing and showings during this period vary by MLS.
The agent who represents the seller. They price the home, market it, handle showings and negotiate offers.