Karen Young

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Rainmaker
679,454
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

I spoke with Karen this AM - they are listing with 0 coop on seller's side and a 'usual buyer agent coop'. If I understand correctly, the seller does all their own marketing - photos etc  and the listing broker is not out of pocket for marketing. It's pretty risky if they don't double-end the deal, as they seek to do.

I asked Karen to clarify in detail so everyone understands the Q.

In our area this is not really happening.

Jun 08, 2019 09:07 AM
Ambassador
3,179,497
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

I'm dealing with a seller right now who paid an agent $250 to list his home in MLS. Same thing as free in my opinion, Karen!

Jun 08, 2019 04:20 PM
Rainmaker
4,863,044
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

who works for free????

the purpose of MLS is to cooperate with agents....

maybe I'm not understanding your question..... if it's in MLS with no commission, the listing is "ENTRY ONLY" category..... our office does not participate in that.

 

 

Jun 08, 2019 08:58 AM
Rainmaker
3,237,186
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Your question is both intriguing and a bit confusing.  That's not necessarily a bad thing.  

Jun 08, 2019 08:48 AM
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Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Your question has too much cloud cover to answer.

Jun 08, 2019 08:48 AM
Ambassador
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Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

I try to focus on my own actions, what others do is between themselves and their conscience.

 

Jun 08, 2019 03:36 PM
Rainmaker
392,963
Steffy Hristova
HomeSmart Elite Group Tempe AZ Tel: 480-966-9353 - Tempe, AZ
Tempe AZ Realtor - Your Home Close to Your Work!

Karen, I don't quite understand if this is a question, or information about a company that is listing a home without a co-broke in your MLS.

I think our MLS fees are quite reasonable and the MLS helps organize the data in an easy to compare manner. Our MLS does not allow listings without a co-broke.

I think it's important to preserve Buyer representation (as opposed to representing both sides). 

Jun 08, 2019 12:55 PM
Rainmaker
1,503,965
Lyn Sims
RE/MAX Suburban - Schaumburg, IL
Schaumburg IL Real Estate

My MLS is very reasonable & I am very glad to pay for it. It's very innovative vs. the clunkers around the country. I don't care about feeding Soldbot so it can stuff it's system with data. What % of marketshare do they have? Why should I bother?

It's like taping your listing to a cactus & expect people to see it in the Mohave desert.

Jun 08, 2019 11:55 AM
Rainmaker
1,209,644
Ryan Huggins - Thousand Oaks, CA
www.HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

I've never heard of soldbot and we don't have it here. 

Jun 08, 2019 09:15 AM
Rainmaker
2,969,238
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Not quite sure what you are asking or how the two are connected.

Jun 08, 2019 08:41 AM
Ambassador
2,177,439
Wanda Kubat-Nerdin - Wanda Can!
Prado Real Estate South - St. George, UT
So Utah Residential, Referral & Relocation REALTOR

Uh, not really sure of what you are asking...

Jun 08, 2019 02:36 PM
Rainmaker
276,948
Buzz Mackintosh
Mackintosh REALTORS - Frederick, MD
“Experience, reliable, leadership”

I believe in our MLS a coop fee is required w/ a % $ amount

Jun 08, 2019 10:37 AM
Rainmaker
521,171
Peter Testa
Nationwide Homes - Danbury, CT
PETER TESTA

List for free? Scabs

Jun 08, 2019 09:50 AM
Rainmaker
1,017,742
Valeria Mola
SIB REALTY - Sunny Isles Beach, FL
305-607-0709 SIB Realty

Still did not get your question, Karen. 

We pay for MLS in Florida, right? 

And after all websited will pick up our listings. 

Jun 08, 2019 09:48 AM
Rainmaker
983,617
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

MLS is the only site most of our 140 agents use. The rest of sites are secondary sites that advertise/ steal your listings for free.

 

 

Jun 08, 2019 09:12 AM
Rainmaker
649,736
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

You cannot list a home in our mls unless you are a member. So...not for free. There are real estate companies who are mls members and charge a flat fee to a seller to list their house. No percentage. An offer of compensation is still made to buyer's agents. Seller handles all expenses of  marketing. Offers are presented directly from buyers agents to sellers with no involvement of the "listing" agent. Flat feel to list the property and wash your hands of the rest the transaction. I have seen a number of these companies based in Los Angeles operating in the San Francisco Bay Area. I suppose they can decided whatever mls they want to join to give them the needed geograpic coverage for their "listings".

Jun 08, 2019 02:46 PM
Rainmaker
4,307,805
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Karen,this is a big question. A

Jun 08, 2019 01:52 PM
Rainmaker
2,422,669
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

However you would think with the dues we pay that we would get excpetional and outstanding exclusive service. That's changing methinks

Jun 08, 2019 10:17 AM
Rainmaker
5,257,400
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Business is no longer 'as usual'.  Succcessful real estate professionals need to be well prepared for changes.

Jun 08, 2019 10:15 AM
Rainmaker
196,211
Joseph Domino 480-390-6011
HomeSmart - Scottsdale, AZ
Real Estate Made Easy

A rising tide floats all boats. Wait until the tide turns.

Jun 08, 2019 10:10 AM
Rainmaker
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Diana Dahlberg
1 Month Realty - Pleasant Prairie, WI
Real Estate in Kenosha, WI since 1994 262-308-3563

Like others before me ... your question is confusing.  Not sure how anyone can list in the MLS without membership ... which comes with a price.

Jun 08, 2019 09:33 AM
Rainer
34,660
Ken Jones
Ken Jones Real Estate Advisor - Toms River, NJ
Real Estate Advice & Training

Karen Young What exactly are you trying to ask?

Jun 08, 2019 08:44 AM
Rainmaker
1,022,637
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

I am not familiar with Sodbot.  

Our MLS is not a free service. 

Don't know what your question is Karen.

Jun 09, 2019 09:15 AM
Rainmaker
2,762,486
Kathleen Daniels
KD Realty - 408.972.1822 - San Jose, CA
San Jose Homes for Sale-Probate & Trust Specialist

Your question/statement is confusing to me. 

What others do is none of my business. 

What the MLS allows is what it is. 

What is there to salvage. 

I feel just fine. Thank you.

Jun 08, 2019 05:53 PM
Rainmaker
1,562,740
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co. Notary Services, retired Realtor

Real Estate is forever Karen Young , institutions fail.

Jun 08, 2019 05:41 PM
Rainmaker
3,062,861
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Free, wow, why would they do that.

 

Jun 08, 2019 05:22 PM
Ambassador
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Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

only member firms licensed in our state can put listings in our MLS

Jun 09, 2019 01:37 PM
Rainmaker
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Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Geneva Financial, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

Sorry, I will continue flying with the stratosphere with our current business model.

Jun 09, 2019 08:09 AM
Ambassador
778,663
Mimi Foster
FALCON PROPERTY SOLUTIONS - Colorado Springs, CO
Voted Colorado Springs Best Realtor

Our MLS does not allow input into the system unless the listing agent is offering "full service" to the listing - not allowed to just post 

Jun 09, 2019 06:49 AM
Rainmaker
3,162,488
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Everyone has a price. Some settle too soon and too cheaply! In most instances you get what you pay for? Who carries the E&O?

Jun 09, 2019 04:58 AM
Rainmaker
613,612
Debra Leisek
Bay Realty,Inc Homer Alaska - Homer, AK

I am not sure I totally understand the question... so I cant really answer anything!

But I do remember Life before MLS and it was not good in comparison

I guess you gotta give a little take a little and then go out and sell a lot of  real estate!

 

Jun 09, 2019 01:09 AM
Rainer
3,925
Karen Young

updated my question

 

Jun 08, 2019 09:13 AM
Rainmaker
1,441,883
Evelina Tsigelnitskaya
SIB Realty - Sunny Isles Beach, FL
www.SIBRealty.org 305-931-6931

Sorry, Keren, I don't have an answer and did not understand question. 

Jun 10, 2019 06:12 AM
Rainmaker
742,752
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

The good news is some bureaucracies are allowed to die a natural death. However, those same bureaucracies have those who insist it must be salvaged. Often those stuck inside really see no other way.

Finally, consumer have demanded and now the industry is responding to more choice.

Let me be clear...crystal clear....

When a bureaucracy and monopoly conspire to pilfer 15% of the value from every real estate transaction in Pinellas County Florida, it doesn't take a genius to see something is horribly wrong.

The challenge this present to agents is....hmm, I'll save that for later.

Jun 10, 2019 06:03 AM