Home Listing Service Frequently
Asked QuestionsWhat is Multiple Listing Service (MLS)?
If you want the long answer, read what Wikipedia says
MLS is a local organization that provides an online computer system for real estate brokers to list property for sale. Each MLS listing offers compensation to other brokers to sell the property. Each MLS organization has different rules and regulations as well as different services; so you will notice a difference in what you get if you listed in Cincinnati vs what you get if you list in Dayton.
Can I offer no commission to the buyer's agent?
The short answer: No you cannot.
MLS rules and regulations say that a commission must be offered.
When you total the listing commission and the selling commission, most sellers have to pay 6-7%.
With HLS, you have no 4-3% listing commission. You have only the selling commission IF the buyer has an agent.
HLS gives sellers the opportunity to save by avoiding a listing commission, but a selling commission is expected.
How do we list so many houses?
Other than this website, we don’t advertise. Most of our clients come from word-of-mouth referrals from satisfied clients. Read their comments.
How do we sell so many of our listings?
1. Lower cost homes: The seller is able to offer property at a lower price than his neighbor who needs 6% more to be able to afford to pay a commission. A 6% commission on a $200,000 house translates to an additional $12,000 cost. That same house without a commission would be $188,000. If you were a buyer, which would be more attractive to you?
2. The second reason we sell so many listings is our experienced agents: We negotiate a lot of contracts and we think this experience has made us pretty good at what we do.
How do our services differ from traditional real estate services?
1. Primarily, it’s in the marketing. When you list with HLS, we encourage you to take a more active role in marketing your property. Traditional services do not want you involved with the advertising or marketing of your home. With our service you are able to:
hold an open house
advertise on the Internet, such as Craigslist
hand out flyers at your kid’s soccer game
post notes on bulletin boards
bring your co-worker home to see if they would want to make an offer.
2. If you find a buyer yourself, he’s yours. Bring the buyer to us to assist in the purchase process. No added cost. NO COMMISSION.
3. If you decide you don't want to sell your home using our service, we have a no-hassle cancellation policy. Traditional agencies sometimes frown on cancellations.
4. Our Service is less expensive!!!
How soon can I get listed?
We start processing your listing the day we receive the listing documents. The listing will be in MLS within 12-24 hours.
Can I list a property that is also for rent or lease?
Yes MLS has a place where we can indicate that a lease is available for the property.