Unique listing service company, establishes itself in Florida and California, creates an integrated listing service that showcases only privately sold homes(or pocket listings)to the public.
February 10, 2007 (Press Release) --
Tequesta, FL ― February 5, 2007― PriorList LLC, today officially announced the opening of the world’s first online real estate listing service dedicated solely to showcasing only “homes sold privately” commonly referred to as “pocket listings.” The PriorList website (http://www.priorlist.com) provides a unique approach, which aggregates this select group of homes from around the country into a single website or portal.
Pocket listings are very common in the industry but are not widely spoken about or marketed to the public. Typically, a broker markets these properties through their individual (local) website and/or through their personal network of potential investors. In most cases, the public never gets to consider these homes when purchasing. The average homebuyer is unaware of the pocket listing system and the benefit it brings, yet without it, discovering every available home for sale in a specific area is impossible. To the homebuyer, PriorList is a free service, however, only to the seller or seller’s agent; there is a $250 quarterly subscription fee.
“2007 is going to be an amazing year for us. Demand for this unique service has been incredible.” noted Bob Kelly, CEO of PriorList. “This is the easiest and most cost effective way for brokers and private home sellers to extend their reach, even down to the markets. Other listing services simply re-list the same homes displayed on Multiple Listing Service (or MLS). PriorList displays a completely different set of homes, since MLS does not list pocket listings. In fact, PriorList actually compliments MLS by showcasing homes NOT listed in MLS. When homebuyers look at real estate listings from both listing services (MLS and PriorList), they actually have viewed close to every home available on the market. “ stated Doug Lencioni, COO of PriorList.
Homebuyers benefit from PriorList by finding uniquely marketed homes normally not found through traditional channels (MLS). The “home seller” is able to market their home for sale to a broader network of potential buyers and the “seller agent” can maximize their marketing network to promote the privately listed property. Above all, the overall costs will be lower since there would be one less agent involved (the buyer agent).
About PriorList
PriorList is the leading provider of online real estate listings of privately sold homes, typically called pocket listings. Established in 2006, PriorList, LLC is headquartered in Tequesta, Florida. PriorList provides an easy way for realtors, lenders, homebuyers, and sellers to connect and broaden their visibility.
For more information, please visit: http://www.priorlist.com.
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Pocket listings are very common in the industry but are not widely spoken about or marketed to the public. Typically, a broker markets these properties through their individual (local) website and/or through their personal network of potential investors. In most cases, the public never gets to consider these homes when purchasing. The average homebuyer is unaware of the pocket listing system and the benefit it brings, yet without it, discovering every available home for sale in a specific area is impossible. To the homebuyer, PriorList is a free service, however, only to the seller or seller’s agent; there is a $250 quarterly subscription fee.
“2007 is going to be an amazing year for us. Demand for this unique service has been incredible.” noted Bob Kelly, CEO of PriorList. “This is the easiest and most cost effective way for brokers and private home sellers to extend their reach, even down to the markets. Other listing services simply re-list the same homes displayed on Multiple Listing Service (or MLS). PriorList displays a completely different set of homes, since MLS does not list pocket listings. In fact, PriorList actually compliments MLS by showcasing homes NOT listed in MLS. When homebuyers look at real estate listings from both listing services (MLS and PriorList), they actually have viewed close to every home available on the market. “ stated Doug Lencioni, COO of PriorList.
Homebuyers benefit from PriorList by finding uniquely marketed homes normally not found through traditional channels (MLS). The “home seller” is able to market their home for sale to a broader network of potential buyers and the “seller agent” can maximize their marketing network to promote the privately listed property. Above all, the overall costs will be lower since there would be one less agent involved (the buyer agent).
About PriorList
PriorList is the leading provider of online real estate listings of privately sold homes, typically called pocket listings. Established in 2006, PriorList, LLC is headquartered in Tequesta, Florida. PriorList provides an easy way for realtors, lenders, homebuyers, and sellers to connect and broaden their visibility.
For more information, please visit: http://www.priorlist.com.
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