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pocket listing
(redirected from Exclusive listing)

   Also found in: Wikipedia 0.01 sec.
pocket listing

A private agreement between a property owner and a broker,in which the owner agrees to pay a commission if the broker produces a buyer, but there is no listing agreement, no obligation to market the property,and no signage or advertising.



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Marcus & Millichap Real Estate Investment Services has retained the exclusive listing for 157-159 Suffolk St.
In addition to the BE 100s, the database also includes BLACK ENTERPRISE'S exclusive listing of black-owned franchises and our roster of nationally recognized black organizations.
It will have a nine-month exclusive listing on the property, officials said, and will be paid a sliding scale commission based on the purchase price.
 
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