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September Preferred Client Update


Blog by Kim Twohey | September 1st, 2021


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What is a Pocket Listing?

A "Pocket Listing" refers to a real estate listing that is not fully under contract yet or found on MLS, but the seller has expressed interest in selling if the right offer or opportunity presents itself. It is a low obligation way to test the market.

As the name implies, the listing is kept in the "pocket" of the REALTOR®, instead of being made fully public. These types of listings are marketed more privately and often just to a Realtor’s personal network, but can also be marketed publicly with the seller’s written permission.

One of the biggest benefits for a seller who treats their home as a Pocket Listing is the ability to test the market for potential interest without having to prepare or show the property. In addition, multiple price reductions on the MLS can potentially stigmatize a listing. However, if the listing is not being publicly marketed, it gives the sellers the opportunity to experiment with different price points without repercussions.

Also, a Pocket Listing gives more privacy for both the buyer and the seller. Since the home is not being listed on MLS, only the parties involved have to know that the home is even on the market. To promote a Pocket Listing, not even the address, photos or a price need to be disclosed at first.


  

How are Natural Gas Prices Set?

The market determines the price based on supply and demand. The weather, supply, surge in demand, environmental policies and many more things can affect the price of natural gas. All natural gas retailers provide a charge for the amount of gas consumed, plus minimal administration fees.

Your bill will also include distribution and transmission charges, GST and other fees. Transmission and distribution charges are regulated by the government and are passed on directly by your provider. These charges will stay the same no matter what retailer you choose and can vary depending on where you live or are located in the province.

If you haven’t entered an agreement with an energy retailer (like ATCO, for example), you are currently paying the Regulated Rate Option (RRO). This means your rate fluctuates from month to month as the market fluctuates. Choosing your energy retailer allows you to choose either a guaranteed or variable rate, and gives you more control over your energy choices.


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