Profile picture for user760415

How can I list my home on MLS Service, if I don't have an agent?

  • October 06 2012 - Santa Teresa
  • 0
    0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Be a Good Neighbor. Be respectful and on-topic. No spam or self-promotion! See our Good Neighbor Policy.

 
 

Answers (11)

You can do a flat fee listing to get it into the MLS. There are a few RE companies that offer this service!
  • November 09 2012
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Profile picture for Dunes ..
Yikes! estoppel!
Guess that why some Realtors/RE Agents came up with Flat Fee/Discounted/Rebates...to offer another option beyond just listing or paying a full commission for partial services to consumers

Dept of Justice Anti-Trust Web Site....New Mexico
1. Allows choice of brokerage services
2. Allows brokers to offer rebates to consumers
What are the laws in your state?

More from the DOJ Web Site

"Other options available to consumers"

In many parts of the country, the traditional full-service real estate broker now faces competition from a variety of real estate brokerage models, many of which use the Internet to reduce costs:

Fee-for-Service Arrangements

Brokers willing to sell a subset of real estate brokerage services, often called fee-for-service brokers, have emerged throughout the country. Fee-for-service brokers "unbundle" the package of real estate services typically offered by traditional full-service real estate brokers and charge a set or hourly fee for specific services, such as listing the house in the MLS, negotiating or closing contracts, and pricing the home. These brokerage models typically enable consumers to save thousands of dollars by allowing them to purchase only those services they want.

Learn more: Fee-for-Service Brokers

Rebates and Inducements

Some real estate brokers have increasingly begun to compete for customers by offering cash rebates or other inducements to home buyers and sellers. Rebates that go directly to buyers or sellers lower costs on both sides of the transaction. Cash rebates are usually calculated as some fraction of the broker's commission and can result in thousands of dollars being returned to the consumer.

New business models can save consumers money

Most consumers want to make as much money as possible on the sale of their home and spend no more than necessary when purchasing a home. In many cases, the standard broker's commission can offset a portion of the equity value that has been building up in a seller's home or push the price of a home beyond a buyer's purchasing power. Consumers who want to perform some of the steps involved in selling a home can reap significant financial savings by purchasing only those real estate brokerage services they actually want.

  • October 09 2012
  • 1Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

I wanted to elaborate on the sister's point. The selling agent cannot answer questions for you about the transaction or the forms, they would be giving you real estate advice beyond a casual interaction, and would risk becoming your agent by estoppel. That's a big liability, not to mention a breach of fiduciary duty to their buyer, and any agent who has had some risk-management training will know not to. When you find an agent to just list your home on the MLS and not represent you, they will have you fill out a form acknowledging that they are not your agent and they will not give you any assistance. 

Best of luck!

And yes good pictures make all the difference
  • October 08 2012
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Profile picture for wetdawgs
The agent who says "I don't mean to be harsh but if you want market on your own the first thing I would do is fix those photos." needs to take a moment to look at her own photos.   Toilet seat up?  Ick!   Clutter galore?   Ick!!!    Angled photos out of alignment with the room?  Artsy doesn't portray the property. 

Yes, I agree, good photos are a must.   There are great examples of what not to do in the agent's listings who threw the criticisms.  I think the agent throwing stones should hire a stager and a professional photographer.
  • October 07 2012
  • 3Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Profile picture for Dunes ..
"I don't mean to be harsh but if you want market on your own the first thing I would do is fix those photos."
I think that could be said to a huge % of Realtors

If you use a Flat Fee to list your property you'll pay several hundred dollars but let's say $1000 or $2000 or $3000 just to be sure we cover that expense
Now you offer/pay 3% to Buyers Agent..

Lets say the property sells for $200,000
$1000 to list on MLS and 3%/$6,000 to Buyers Agent=$7,000
$2000 + $6000=$8000
$3000 + $6000=$9000
compared to
6% Full Service (Listing & Buyers Agent)=$12,000

$6000 to Buyers Agent...Fair I'd say especially since it increases with the sale price...$300,000=$9000..$400,000=$12,000

I ain't no math genius but to say there is/will be no saving if seems a tad far fetched to me..can argue what's better ect. but not seeing any validity to the it will cost as much anyway argument...
  • October 07 2012
  • 2Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

A buyers agent is entitled to a reasonable commission.They determine the compensation they require.  If the seller is not offering compensation equal to their rate, the buyer has to make it up if they want the home.  If you are offering a discount rate to a buyers agent, the buyer may not be willing to make up the difference for you.

Agents pay fees to the MLS for the privilege of using it.  If you want your home listed in the MLS you either have to use a flat fee broker or a percentage based broker. By the time you add what you pay to get it listed in the MLS, plus what you might pay if a buyers agent brings a buyer - how much are you actually saving?

Discount brokers, flat fee brokers, generic marketing has sprung up around the country for decades.  Not one business model offered by a discount broker has gained any significant traction or over shadowed traditional real estate brokerages. Buyers do not gravitate to discount brokerages.  The majority of buyers are generated by full service brokerages.

If you are able to represent yourself in all aspects of the transaction by all means market it yourself.  If you need assistance - hire a real estate attorney.  The buyers agent, should one bring a buyer, should not have to answer your questions about the contract or the procedure.

I don't mean to be harsh but if you want market on your own the first thing I would do is fix those photos. They alone determine whether a buyer wants to see your home in person or not.

Your home needs to be staged prior to taking more photographs. The photographs need to make sense and should be labeled as to what the viewer is looking at.

Hire a professional stager and a photographer before you offer it for sale.




  • October 07 2012
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

The "Selling Agent" is the buyers agent.  In this case the "Listing Agent" is whomever lists the property in the MLS for you.
  • October 06 2012
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Profile picture for SoCal Engr
"Once you get on the MLS, be prepared to pay the selling agent a normal commission."

Why? I can understand being prepared to offer a buy-side commission/fee, but your statement is counter to the concept of "flat flee listing" - an option used by sellers who don't want to engage a "full-service" REA, but still want the exposure on the MLS.
  • October 06 2012
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Once you get on the MLS, be prepared to pay the selling agent a normal commission.  Other than that, Wetdawgs is spot on with his advice.  Good selling!
  • October 06 2012
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Profile picture for user760415
Thank for you timely and informative answer!
  • October 06 2012
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Profile picture for wetdawgs
There are a number of flat fee MLS services.   A couple of internet examples would be owners.com and forsalebyowner.com.   Some local agents  may also be willing to do flat fee listings, but you'd have to call.  

It appears that one can click through to owners.com from the thumbnail on your ad under your profile.   That exports the info to their site.  
  • October 06 2012
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.