Without secretive 'pocket listings,' Chicago real estate agents make “coming soon” homes public – Chicago Tribune

Greater transparency to listings and agents’ claims can only make life easier for buyers and sellers this spring, said Paul Wells, broker-owner of Re/MAX of Barrington, and a member of the MRED board. Agents can solicit feedback about the condition of a house from their peers and coach sellers accordingly as to, for instance, whether it would be worthwhile to replace scratched countertops or simply offer an allowance for their replacement, Wells said. Some buyers might not care about outdated appliances or worn carpet, he said, if they can snatch a property from the market before it is formally available through the mainstream MLS.