Our new site has been live just a little over a two weeks now, and we are very pleased with the results. Traffic to the site is increasing, which means more visibility to your posts, but what is really exciting is when agents get showings thanks to our site, and particularly our new Real Estate Match™.
A couple things just wanted to tell you about
I found a buyer need listing for $8M that resulted in a showing yesterday – that was fantastic! Might not end in a sale but it was very exciting.
I think the new end-user format is great! Simplified, easy to understand, and pretty!
Thank you! We are very pleased as well.
If you’re a real estate agent anywhere in the country, we all know pocket listings are a fact of our lives, and buyers are always looking for something more. Put our site to work for you and do more deals.
Hello all, it is I, your co-founder Alex Clark. Many of you may or may not know, but I’m not just a tech guy looking to start a business and make a few bucks. I am entrenched in real estate and have been for the past 10 years. I write a tremendously popular real estate blog in San Francisco, and previously had a newsletter business that has now been copied multiple times by multiple brokerages (I’m okay with it). I was recently chatting with a past client on Facebook and I asked if by chance he’d give me a little endorsement for this new venture I have going.
My wish was granted:
Alex’s thorough market knowledge, utmost professionalism and ability to navigate and push the [sales] process resulted in our family home being sold quickly, over asking and hassle free. Alex Clark is an absolutely fantastic realtor and businessman.
Stephen Reller R & M Properties (Palo Alto Real Estate Developer)
That was a great deal for my client (the seller), and the buyer…and the spark of a new business idea: PocketListings.net.
I hope everyone gets online, joins the network, and can do more deals.
Thanks for your time,
This post from Amy Blakeley way back before we launched our beta version was recently discovered. We also thank Amy for her support and generosity in sharing the news about our launch way back when. Thanks Amy!
““Pocket listings” are properties that are not publicly advertised but are considered for sale. Advertising for these homes is typically done through the Realtor’s and the seller’s networks, by word of mouth, and increasingly with a property-specific website. Pocket listings are a subject of much debate in the real estate world: whether the seller is serious about selling, if the asking price is realistic, and if the Realtor is able to properly do his job of getting the most exposure possible for the property.
The exposure debate is about to be laid to rest. Expected to launch in January 2010 is PocketListings.net, a nationwide website exclusively for Realtors to promote properties that are not listed in their local MLS (multiple listing service).
The website will have a basic set-up where the general public can peruse these off-market real estate offerings and, when interest is piqued, have his or her agent contact the Realtor. No addresses will be published. Only licensed Realtors are able to enter property listings, which will preserve the site’s goal of becoming the go-to place for additional housing inventory, rather than a free for all for FSBO’s.
If you are too excited to wait for the website to go live, visit PocketListings on Twitter, which is already brimming with inventory.
Amy Blakeley, REALTOR® McGuire Real Estate http://www.AmyBlakeley.com ablakeley at mcguire.com”
Woot! Love the support. Thank you!
Blog Post From Eileen Birmingham (San Francisco Realtor) Who Uses PocketListings.net To Do More Deals
We’re just doing a bit of catch up on some previous press we didn’t even know about. Thank you to Eileen Birmhangam of Zephyr Real Estate for this wonderful post way back when!
“I’ve been using PocketListings.net since it recently launched. A “pocket listing” is one that isn’t posted in the Multiple Listing Service (MLS) and is thus considered to be off market. PocketListings.net is a user-generated database of these listings and buyer needs. Real estate agents subscribe to the site, input off-market listings, and subsequently inform their clients about new properties. They can also potentially sell their listings in a less traditional way.
The more agents who join PocketListings.net, the more opportunities will surface for their clients. I’ve been asked why sellers wouldn’t want to expose their properties to the most amount of people possible. For one thing, we’re in a different market now. Multiple offers do exist, but they aren’t happening as regularly, nor are list prices routinely selling for way over asking. PocketListings.net wouldn’t have been as sensible had it launched three years ago. But it absolutely makes sense now. Sellers can settle on realistic and reasonable prices with their Realtors’ guidance, and not necessarily have to deal with the inconvenience of open houses and nosy neighbors (a majority of whom aren’t qualified buyers to begin with).
If a property sits on the market for too long in the MLS, the “days on market” is a like a red flag for a lowball offer. If a seller can hook up with a buyer through the efforts of their respective, knowledgeable agents, things could go a lot more smoothly for everyone.
And buyers love, love, love knowing about off-market properties because they can have time to think straight, finalize preapprovals, review disclosures and not feel like they have a gun pointing at their head in the form of an offer deadline. The process can be extremely rewarding and significantly less stressful.
PocketListings.net will cost you, as a licensed agent, $4.95/mo. The database is growing as I type. Get on their and post your buyer needs and listings, and let’s do business!”
Thanks Eileen! You’re going to love what’s coming very soon.
-PocketListings.net Paves New Path For Buyers, Seller, and Agents [Inside SF Real Estate]