1,029,253
Our MLS changed the laws recently and no longer allow Limited Service Listings. We are held accountable for 'uniform' services. And Limited Service still makes you liable, so that's a problem.
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Becca Rasmussen
Highlands Ranch, CO
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Nina Hollander, Broker
Charlotte, NC
2,221,377
Only MLS listings minimum 6 moths.
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Nina Hollander, Broker
Charlotte, NC
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Anthony Acosta - ALLAT...
Atlanta, GA
2,684,669
I have offered "Flat Fee MLS" and "Limited Service Listings" for many years, and will continue to do so.
Does it work?
It's perfect for investors and landlords who buy and sell multiple properties per year. They know the title companies, the home inspectors, the surveyors. They are familiar with the forms and the process. By paying only a Selling Broker, they are saving many thousands of dollars.
But what about the Seller who is selling a house for the first time in many years? They need to understand that the sale and purchase of real estate is a complicated process. They need to know that they are on their own, they will not have a Broker to turn to for help. Furthermore, I advise those Sellers to consult with a Real Estate Attorney before putting the for sale sign in the yard. They will need that attorney when a Realtor brings them a 12 page contract with 9 pages of addenda!
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Becca Rasmussen
Highlands Ranch, CO
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Hella M. Rothwell, Bro...
Carmel by the Sea, CA
3,349,554
No, I never have and likely never would. It does not fit my business model. I'll leave that for someone else.
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Nina Hollander, Broker
Charlotte, NC
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Mimi Foster
Colorado Springs, CO
582,106
In sixteen years, we've only encountered one seller who had a logical reason why he didn't want his property on MLS. His home was titled under a Trust and he worked for the Federal Government in a capacity that required as much anonymity as possible.
I don't care for listings that don't appear on the MLS. It's anticompetitive and it reduces the exposure of the property to a broader market, which is the best way to get a good price.
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Candice A. Donofrio
Fort Mohave, AZ
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Kathleen Daniels, Prob...
San Jose, CA
1,457,269
I've had several clients insisting upon Exclusive Listings with our Brokerage. They're slower to sell but successful none the less. Usually, they're quite unique properties that I'm sure would have been slow to sell regardless.
We have many clients who only want our Brokerage involved in the selling process and choose us for that reason. They know we're capable of bringing the buyer.
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Hella M. Rothwell, Bro...
Carmel by the Sea, CA
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Susan Emo
Kingston, ON
647,610
I do not offer it, but it is available by a few othere Brokers in my market. Sadly the Sellers find out AFTER they have paid their upfront non-refundable fee that it takes more than putting the property in MLS to get it to the closing table.
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Becca Rasmussen
Highlands Ranch, CO
518,597
Luckily I haven't come across that yet. I am not sure if I would take it or not, it depends on the client.
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Nina Hollander, Broker
Charlotte, NC
902,038
Absolutely not, those are essentially FSBO's.
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Nina Hollander, Broker
Charlotte, NC
991,352
3,742,070
Here the limited agency listings go onto the MLS. The seller pays the limited servcie agent for the listing and then deals directly with buyer agents.
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Nina Hollander, Broker
Charlotte, NC
3,988,013
I only take full service listings and give full service to my sellers. I do not know how to do anything halfway.
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Nina Hollander, Broker
Charlotte, NC
5,028,171
I always take listings that go into the MLS....I want all agents to to show my listings..bring me their highest and best offer..let the free market take its course!
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Nina Hollander, Broker
Charlotte, NC
1,506,163
I have not taken one and I do not recall my broker having taken one in 30 years.
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Nina Hollander, Broker
Charlotte, NC
2,784,726
I wouldn't know how to offer half my services or even less
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Nina Hollander, Broker
Charlotte, NC
1,728,256
No; any erosion of the business model that we know already works fine is not interesting to us.
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Nina Hollander, Broker
Charlotte, NC
1,847,051
My company does not offer that business model.
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Nina Hollander, Broker
Charlotte, NC
1,056,663
Never. Ever. And any time we've encountered such a scenario, disclosure, condition, communication issues from the get. Never had a deal accepted, either. Those wannabe-agent sellers and their phantom 'reps' don't speak clarity and completeness, I've found. YMMV!
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Nina Hollander, Broker
Charlotte, NC
2,071,556
No. We are a full-service agency, and don't offer services via menu. You either sign on for the full Alan May/Coldwell Banker experience, or you have to find an agency that will allow you to chose from a menu.
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Nina Hollander, Broker
Charlotte, NC
4,800,132
No, I haven't done this to date.
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Nina Hollander, Broker
Charlotte, NC
913,568
Seems like not a lot of sellers are interested in limited service listings. Many I've seen have agents that ar out of area and basically useless. I would do them depending on the circumstances.
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Nina Hollander, Broker
Charlotte, NC
69,794
No, I want to be known as a full service REALTOR® and not one of "those" listing agents.
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Nina Hollander, Broker
Charlotte, NC
5,061,034
I haven't and have no intentions of doing so. A seller would have to have a pretty compelling reason to do this. As far as how well it works for the seller I have no idea
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Nina Hollander, Broker
Charlotte, NC
1,513,143
I do not and most times they end up overpriced and expired!
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Nina Hollander, Broker
Charlotte, NC
6,418,799
I have had desperate agents approach me with this proposal, I told them to take a hike.
4,582,434
4,961,536
5,877,915
Our MLS made a ruling a few years ago, NOT to allow "limited listing service" listings.
98,823
No, and I haven't been around long enough to know how smoothly things went around here when it was allowed. ( In the state of CO, we are not allowed to take MLS-only listings (C.R.S. 12-61); CO has a set of minimum services that are required and an MLS entry is actually an optional additional service (CP-36). )
There are some that would still classify doing only the required minimum level of service here as "limited service", but it's not so limited as to be just an MLS entry. I'll be curious to learn how it goes for those that can still do it and when it might actually be useful for them.
1,624,853
It is always MLS. No one wants to opt out of mls even we have such option.
430,392
My brokerage does not do limited service listings. I've wondered how smooth it works though. Just had a marketing presentation with a homeowner whose previous limited service listing when down in flames.
3,071,489
5,113,121
I've not been asked to do a limited listing or pocket listing... my clients always want the most exposure for their homes. And I would definitely not take a limited listing. I'm a proud full-service agent because I believe doing what I do is what it takes to get a home sold. If I start limiting my service I'm compromising my own philosophy and how to successfully list and sell homes. It doesn't feel honest to me.
7,864,157
3,416,038
Every now and then i get seller who doesnt want their neighbors to know they are selling. I explain why we want every one to know the home is for sale.
4,434,177
766,179
I have never had a listing that was exclusive and not paying a commission to a Realtor bringing in the offer. I have had pocket listings and promoted them but always offer a commission. I feel that exclusive listings that won't pay a commission are anti MLS. The MLS, Multiple Listing Services, was created to bring us out of the dark ages. It was most beneficial for buyers and sellers. Those that don't share are hurting all of us, especially the seller since they aren't getting the best possible offer.
4,319,773
Hella M. Rothwell, Broker/Realtor® - well, it is in best interest of the sellers that listing is in MLS.
3,986,308