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Meg Ryan
Celebrities and the wealthy find ways to keep home sales secret
Celebrities and the wealthy find ways to keep home sales secret

Madonna is selling her Beverly Hills estate, but she doesn't want you to know about it. The sinewy singer is asking $28 million for the 16,500-square-foot, French-Normandy-style mansion. You won't find it, however, on the Multiple Listing Service, Realtor.com or other online marketplaces. Her real estate agent is quietly shopping it among a select network of Los Angeles-area brokers with deep-pocket clients. This velvet-rope tactic, known as a "pocket listing," is being used more and more by celebrities and the wealthy in this TMZ age, say real estate agents specializing in high-end properties. Listing publicly just invites paparazzi mischief. With word-of-mouth...

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