Learn more about the RMLS “coming soon” rules. These types of listings can only be viewed through a member-only MLS portal. No showings can happen until the home is officially listed for the public to see, but by having the information ahead of time, buyers agents can set a date on their calendar with their buyers, scheduling in advance, for a viewing as soon as the public listing goes live. With this newer type of listing, a seller’s agent can list the home in the MLS before it goes public so buyer’s agents in the area can give potential buyers a heads up about the coming property. What we now call “ coming soon” homes replaced the practice of pocket listings. In essence, this type of listing consisted of privately owned homes on the market that agents kept “secret” lists of and shared with small pools of potential buyers, including their own clients. Pocket Listings Vs Coming Soon Homes for Saleįor anyone wanting to buy a home in Portland before 2019, pocket listings were a common practice here and across the country until the National Association of Realtors effectively banned them.

Pocket deals real estate