General questions

We encourage buyers and sellers to engage directly in constructive Q + A and commenting. All questions and comments must be about the home, neighborhood, or surrounding area. Any inappropriate questions or comments will be flagged and removed.

Commenting, including seller Q&A, starts in pre-bid and continues until the end of bidding.

New and exclusive homes are added daily. In order to receive new home notifications, sign up.

The types of notifications you receive and the frequency in which you receive them depend on what type of user you select when signing up.  

Just looking users receive notifications for new homes added, homes closing soon and comments on saved homes in the area they’re interested in.

Qualified buyers receive additional notifications for exclusive previews, bids, out-bids, and extended bidding.

Sellers receive notifications for bids, comments, and questions specific to their listing. 

Notifications are sent via email and text.

We do not monetize our partnerships. Our partners were selected because of their expertise and dedication to customer service.

In order to provide continuity of service throughout the entire transactional process, we have partnered with best-in-class providers.

Appraisal: Aloft Appraisal

Home improvement: Curbio

Lending: Tomo

Inspection: Inspectify

Legal: Craig Blackmon, Attorney at Law

Title: Endpoint Closing

Note: we do not monetize any of our partnerships. Our partners are selected based on their expertise and dedication to customer service.

The management of the offer and acceptance paperwork is automated through our platform. At the end of the bidding period, if the seller’s reserve price is met, the Purchase and Sale Agreement (PSA) is automatically generated with the seller’s terms and the buyers’ winning bid. The PSA is then sent directly to the buyer and then the seller to sign via DocuSign.

pocket is a transparent, data-driven marketplace that gives buyers and sellers the ability to transact without brokers.

However, in certain cases, to improve the buying experience, sellers, who have chosen to be represented by a broker, are allowed to list their homes on pocket.

In other cases, in order to give sellers access to the greatest number of potential buyers, pocket will act as a listing broker for distribution purposes only.

Note: when a seller is represented by a broker, their listing will clearly indicate broker representation in the property details section.

We are a licensed real estate brokerage but we do not perform typical brokerage services. In order to legally provide buyers and sellers with the ability to transact without brokers, we are required to have a brokerage license.

Additionally, in order to provide buyers and sellers with the highest level of customer service, pocket advisors are licensed real estate brokers.

A pocket listing provides buyers with the information they need to make intelligent offers and sellers with offers that close quicker. Every home listed on pocket includes:

• Seller’s terms – the terms that the seller is willing to accept from the highest bidder when their reserve is met at the end of bidding.
• Due diligence documents – preliminary title report/title commitment, pre-inspection report, seller’s disclosure and Purchase and Sale Agreement (PSA). 

• Neighborhood data – school ratings, crime rankings, and demographic information.

• Price Information – neighborhood and metro home value appreciation comparisons, historical sales price(s), average neighborhood home price, and estimated rental value compared to average neighborhood rent.

• Bid analytics – all bids, bidding trends over time, average bid increase, number of bidders and bidding frequency. 

• Direct access to the seller – live commenting and seller Q + A.

Intelligent offers are data-driven bids made by evaluating a home’s current price, existing bids, market insights, due diligence reports and historical pricing. All of this information can be found on every pocket listing.

We are a transparent, data-driven marketplace that gives buyers and sellers the ability to transact without brokers, except in certain cases. Because of that, we’ve created a smarter way to buy and a better way to sell.

With pocket:

• Buyers have access to real-time transparent pricing, competitive offers, and due diligence documents upfront. 

• Sellers set their terms, get instant offers, and pay 0% in commission or listing fees. 

We do not participate in any part of the transaction after offer and acceptance. For closing, we have preferred partners that can provide these services.

For more information about closing, check out our guide to navigating the closing process. 

Note: We do not monetize our partnerships. Our partners are selected based on their expertise and dedication to customer service.

pocket currently operates exclusively in Washington State. If you would like to be notified when pocket launches in your area, create an account to join our mailing list.

In certain cases, to improve the buying experience, sellers, who have chosen to be represented by a broker, are allowed to list their homes on pocket. In other cases, in order to give sellers access to the greatest number of potential buyers, pocket will act as a listing broker for distribution purposes only.

Bidding allows us to create a real-time and transparent offer and acceptance process. This process provides buyers and sellers the most efficient path to mutual acceptance and a signed Purchase and Sale Agreement.

We qualify buyers through their submission of a pre-approval letter from their lender or proof of funds from their bank.

All homes listed on pocket are qualified through a pre-inspection and preliminary title search. In order to be listed on pocket, a home must be in good to great condition, have marketable title by closing and be worth $1,000,000 or more.