Private pocket listings significantly disadvantage homeowners over age 70, producing lower sales returns and increasing exposure to predatory double-ending. Off-MLS strategies reduce visibility and competition, which can weaken bargaining power for older sellers. Dual agency practices can create conflicts of interest that favor brokers rather than homeowners. The combined effect creates a financial penalty for elderly sellers, making outcomes less favorable than those associated with more transparent market exposure. The findings connect these practices to measurable disadvantages in sale performance and seller risk, particularly for older homeowners.
"Private "pocket listings" significantly disadvantage homeowners over age 70, resulting in lower sales returns and higher risks of predatory double-ending."
"The research highlights that off-MLS strategies and dual agency practices, which often benefit brokers, contribute to this financial penalty for elderly sellers."
Read at Boston Condos For Sale Ford Realty
Unable to calculate read time
Collection
[
|
...
]