Does Streeteasy's FSBO feature list to NY MLS?

There is no MLS for Manhattan, or for New York City for that matter. The "closest" thing is probably RLS, which is the listing system of REBNY member brokers. That system can be accessed through various interfaces such as Jaguar, OLR, etc. In addition, the biggest firms have their own overlays over RLS, so each of them would argue that their proprietary system is best.

MLS's are run by different boards of Realtors, so it's not such much county by county as board by board. To capture something in Quogue, for example, you might want to use MLSLI (the Long Island Board of Realtors) as well as the Hamptons network.

Because RLS is incomplete, many searching brokers will sweep it, plus Streeteasy, plus NYT.com, plus whatever... I will let the Streeteasy folks themselves answer where their feeds go.

ali r.
{downtown broker; REBNY member}

In addition, the biggest firms have their own overlays over RLS"

Thanks Ali so I gather if I post on RLS somehow, all the big firms will generally pick it up on their proprietary listing system?

And for Streeteasy to answer, if I post FSBO on this site, it probably won't be listed on RLS or any of the big firms proprietary listing, meaning the agent would have to check SE separately?

I'd normally use a broker but given seller's market and a cookie-cutter easy board condo, I'd rather list on NY "MLS" and show myself. Thank you

Hi Hudson, to answer the first part of your question , "yes" -- if you post on the REBNY listing system, the average Big Firm agent will certainly see it. They will see whatever info you post -- and in addition, they will see whatever is in their overlay system. (Corcoran and Elliman are especially proud of their modifications/additions, as I understand it).

As a hypothetical example, if you had one of those firms rent your apartment out a couple of years ago, that agent might have put notes about the condition of your apartment ("kitchen in need of renovation," that sort of thing) that would pop up in their proprietary system.

As far as listing, I tend to just let FSBOs be (years ago, I put a sales listing into the RLS as a courtesy for one of the posters here, and she was aggressive rather than thankful) but I believe there are brokers you can pay a flat fee to who will get you into the system.

I would also, since I'm old-school (I used to be editor of the real estate section of the Post) consider advertising in either the Post or the Times. The last time I repped a buyer who bought a FSBO, we found it in the NYT.

ali r.
{downtown broker}

thanks Ali, are you with a big firm or solo? Do you offer flat fee MLS listing? it seems MANY markets aside from NYC offer these (ie redfin, which exempts Manhattan)...I remember Kieth from Burkhart (sp?) tried to offer something like this years ago from these threads, but it seems there's a lot of pushback from Manhattan brokers to do this, even though I'd do all the staging, photos, showings, and even board packages (which I've done myself before). Thanks

All you need is streeteasy and the NY Times, seriously, if this is a desirable apartment priced slightly below what it should sell for. The Times drew very few people to my listings (FSBO and otherwise) but they were always high quality.

At the time I was experimenting with different models, I no longer am doing the "flat fee", although we are beginning to discuss listing homes again. List with streeteasy and add a note in the listing description that you are offering a 2.5% commission to agents. I think you will capture 99.9% of buyers via SE, they will see you are offering the 2.5% and send the listing to their agent. We have worked directly with owners offering a commission. The most important thing is to price your home rationally, not emotionally. Although agents may not search SE for listings (as Ali points out most have some sort of listing database or subscription to a 3rd party vendor such as OLR or real plus).That said just about every buyer is scouring SE whether they are working with an agent at a large or small firm or looking on their own. As a FSBO you really don't need the "MLS" in todays world of Zillow and StreetEasy. Those flat fee agents that just dump a listing into their local MLS are usually a waste of money. Getting your listing eyeballs is not the hard part. managing the showings, buyers, agent calls, agents harassing you for the listing :) will be the difficult part.

Keith Burkhardt
TBG

So far, Hudson, I'm solo -- I went into real estate as a refugee from publishing, where I was a middle manager, and I'm hesitant to manage other brokers because the client contact is the part that I love. Sorry, I do not offer flat fee listing but I'm happy to answer random questions FF ... I am at upstairsrealty [at] gmail [dot] com.

>At the time I was experimenting with different models, I no longer am doing the "flat fee", although we are beginning to discuss listing homes again.

Please share your experiences.

SE is a real estate search website and has nothing to do with the MLS which is an interbroker database (in NYC it's actually called RLS - REBNY listing service)

If you're listing in Manhattan or most parts of Brooklyn then RLS is the relevant brokerage database for you. I disagree with the above comments that you only need Zillow/SE these days. That's because 3/4 of all buyers (and growing) are represented by brokers .. and you don't want to miss out on them by listing FSBO. Hauseit explains it pretty well in this article www.hauseit.com/how-to-sell-your-home-yourself-in-nyc/

There is a "NY State MLS" but it will do nothing for you here in NYC. There's also a Manhattan MLS but it's not so popular - at least vs RLS (REBNY Listing Service) which is the dominant broker trade organization here in NYC. They have 16,000+ members I believe so if anything you'd need to be listed there to be able to engage all those buyers represented by brokers. If you're intent on saving money then at least do an agent assisted FSBO via any number of companies in the city that offer them. The one @RiddhiBman suggested for example Hauseit will get you on there plus dozen other sites etc. good luck to you