Montana License Law
In Montana, a real estate broker who enters into a 'pocket listing' arrangement—agreeing with a seller not to enter the property in the MLS—must ensure that:
AAll pocket listings are registered with the Board
BThe seller provides informed written consent to the off-MLS marketing approach, understanding they may receive fewer offers and potentially a lower price✓ Correct
CThe broker files a notification with the MLS
DPocket listings are prohibited under Montana law
Explanation
While pocket listings are not prohibited in Montana, the broker must ensure the seller makes an informed decision about the tradeoffs—potentially fewer offers and a lower price from limited exposure—by providing a disclosure and obtaining the seller's written consent.
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