Oklahoma License Law
Under OREC rules, a 'pocket listing' (property marketed without MLS exposure) is:
AIllegal under all circumstances in Oklahoma
BPermissible if the seller provides written consent acknowledging the disadvantages of limited marketing✓ Correct
CRequired for luxury properties over $1 million
DEncouraged by OREC to protect seller privacy
Explanation
While the National Association of Realtors has rules about pocket listings for its members, Oklahoma sellers may consent in writing to limited marketing. The seller should be fully informed of the potential disadvantages of not having the property on the MLS.
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