Which of the following listings would not be entered into a multiple listing service?

Study for the Arizona Real Estate Exam. Boost your knowledge with flashcards and multiple choice questions with explanations. Be exam-ready with our comprehensive review!

A pocket listing refers to a property that is for sale but is not made publicly available through a multiple listing service (MLS). This type of listing is typically kept "in-house" by the listing broker or agent and is not listed for other brokers or the general public to see. The goal of a pocket listing might be to maintain privacy for the seller or to have more control over the sale process, hence, it is not entered into the MLS.

In contrast, an entry-only listing is usually entered into the MLS but with minimal services provided by the listing broker. A limited service listing can also be entered into the MLS, albeit with reduced services compared to full service. A full service listing is the most comprehensive and typically includes extensive marketing and listing services, ensuring that all details of the property are available on the MLS for wide visibility. Therefore, the defining characteristic of a pocket listing is that it purposely avoids being classified in the MLS, setting it apart from the other types of listings.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy