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Off market: pocket listings in the United States

In the United States, a pocket listing is a property a broker sells through private connections rather than publicly advertising it. In Canada, a pocket listing is called an exclusive listing.

Off market and the pocket listing

In the United States, a pocket listing is a property a broker sells through private connections. The broker does not place it in a multiple listing system, or MLS, and does not advertise it publicly. Off market is the phrase for a sale kept away from that public advertising.

In the United States, a pocket listing is a property a broker sells through private connections.

Other names for the practice

In the United States, the term hip pocket listing is another name for a pocket listing. In Canada, a pocket listing is called an exclusive listing.

Questions

What is a pocket listing?
In the United States, a pocket listing is a property a broker sells through private connections. The broker does not put it into a multiple listing system or advertise it publicly.
What is a hip pocket listing?
A hip pocket listing is another name for a pocket listing in the United States.
What is an exclusive listing?
In Canada, a pocket listing is called an exclusive listing.