In Tight Housing Market, Thousands of Homes Are Reserved for Certain Buyers

[WTTCHMN]

In Tight Housing Market, Thousands of Homes Are Reserved for Certain Buyers

‘Whisper listings,’ made directly to select customers, are growing at a time when housing inventory is near record lows
https://www.wsj.com/articles/in-tig...certain-buyers-11622021400?mod=hp_featst_pos3

 

[sgip]

Have to wonder if there is any real study done on closing sale prices between pocket listings and market listings. One would think pocket listings close at a lower price than those on the open market - but I don't know for certain.

My .02c

 

[Cares]

I had this discussion recently. In a seller's market I would never want to sell privately but in the open market. I am not worried that I won't find a buyer in this market. And if the pocket buyer wants the house bad enough they can offer you $x+ over the top bid.