Agency
What is a pocket listing in Nevada and what ethical concerns does it raise?
AA listing marketed only through the MLS
BA listing marketed privately without MLS exposure, potentially limiting the seller's ability to receive the highest possible offers✓ Correct
CA listing held in escrow pending buyer financing
DA listing kept in the agent's personal files for off-market buyers
Explanation
A pocket listing is marketed privately (off-MLS) before or instead of full market exposure. Nevada agents must advise sellers that limiting exposure may result in lower prices. NAR's Clear Cooperation Policy generally requires prompt MLS submission of listings, with limited exceptions.
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