Pocket listings used to be a common practice around the country and in the greater Portland metro area, until the National Association of Realtors effectively banned them in 2019-20. Pocket listings were privately held homes for sale that real estate agents kept lists of and only shared with their clients or smaller pools of potential buyers.

Coming soon homes replaced pocket listings and are still an important (hopefully better) part of the real estate market. When a home is in coming soon status, it cannot be shown (buyers can't go see it), until the home goes public on the market and everyone has an equal chance. But the coming soon status allows the seller agent to put the home listing in the MLS in advance of going public so all the buyer's agents in that same MLS can share this coming soon information with their buyers and have it on their calendars to visit at the first opportunity. A coming soon home cannot be found publicly online, only through a member-only MLS portal. But if you're working with a buyer's agent they can show you, or if you're considering selling a home and would like to learn how coming soon status can help your sale, set an appointment with Stephen FitzMaurice.

If you’re considering buying a home in the next twelve months and would like to see some coming soon homes not publicly listed, Kami Price, buyers specialist would love to hear what you’re looking for. Call today to set an appointment.

Kami Price, Realtor
Represented Hundreds of Buyers
Licensed since 2004
503-773-0000