Recently, you may have noticed in the news media stories pertaining to “Pocket Listings.” Sometimes referred to as Confidential Listings, these listing are growing in popularity, especially in regard to homes positioned in the upper end of the marketplace. For someone searching for a highly specialized property, or someone desiring to sell one, for several reasons this maybe a route to consider.
From the Seller’s perspective, because there are few buyers that may be able to financially afford their offering, finding a qualified buyer may take additional time. Professionals know that it rarely benefits a Seller to have their offering linger on the market. Additionally, utilizing a Realtor that is well versed in the business of luxury property, will not only have the ability to located qualified prospects, but will eliminate showings to those that are unable to perform. In many cases, qualified buyers for legacy properties pay cash.
From the Buyer’s perspective, the value proposition and time spent searching is of upmost importance. Working with someone that knows the market is mandatory. If one desires an exceptional property, it is critical to work with a Realtor that specializes in exceptional properties. Traditionally, location is the hallmark of value, however many properties of distinction are in themselves a destination. Selecting the appropriate destination can make the difference between an investment and a lifestyle. In truth, legacy property buyers can live almost anywhere they choose; therefore happiness may be all about the choices. Realtors with Pocket Listings can offer more choices.