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List of FSBO listing services

Started by David2016
almost 8 years ago
Posts: 110
Member since: Feb 2016
Discussion about
I'm looking to compile a list of discount/flat fee listing services for NYC. I have ilist, realdirect, hauseit. SE also offers something. I know there' are more I can't think of at the moment. Please add. Thanks!
Response by ximon
almost 8 years ago
Posts: 1196
Member since: Aug 2012
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Response by NicoleNestApple
almost 8 years ago
Posts: 22
Member since: Feb 2013

Talk to a broker and ask them to take your listing for 1% of them and 1% for the buyer's broker. At the beginning they won't accept but if you tell them it's this or nothing, they will end up taking the listing.

1% of something is better than zero

cheers

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Response by David2016
almost 8 years ago
Posts: 110
Member since: Feb 2016

Thanks to both of you.
Ximon, do forsalebyoener.com and fsbo.com get advertising on SE?
Nicole, it's a good idea. I think we prefer not to have an agent do our open houses.

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Response by JR1
almost 8 years ago
Posts: 184
Member since: Jun 2015

Agent Assisted FSBOs are pretty common these days through companies you mentioned like Hauseit - www.inman.com/2016/07/25/the-underground-for-sale-by-owner-movement-in-nyc/

I would definitely watch out for traditional flat fee or discount brokers as you'll face a notorious amount of agent harassment, similar to what traditional FSBO sellers in NYC will face: http://observer.com/2016/09/the-biz-of-the-fsbo/

forsalebyowner.com which you mentioned above does not service NYC I believe, they put you on your "local MLS" no matter which state you're in? NYC doesn't have a MLS...

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Response by RiddhiBman
almost 8 years ago
Posts: 112
Member since: May 2015

Actually Hauseit and StreetEasy/Zillow offer very different do it yourself listing services.

StreetEasy/Zillow - traditional For Sale By Owner, online equivalent of putting For Sale sign on front lawn, but listing is still off market because it's not in the local broker database (MLS, RLS etc.)

Hauseit - more similar to a flat fee MLS listing, you're paired with a traditional broker partner who lists you everywhere they normally would for a 6% client, you handle the showings / inquiries etc.

Different approaches, but it's very important to note that one says NO to buyers' agents (who do control virtually all buyer traffic), while the other engages them through the traditional venue of the MLS/RLS.

Just my 2 cents.

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Response by ximon
almost 8 years ago
Posts: 1196
Member since: Aug 2012

"Ximon, do forsalebyoener.com and fsbo.com get advertising on SE? "

Sorry David but I don't know.

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Response by ximon
almost 8 years ago
Posts: 1196
Member since: Aug 2012

"Ximon, do forsalebyoener.com and fsbo.com get advertising on SE? "

Sorry David but I don't know.

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Response by douglasternyc
almost 8 years ago
Posts: 62
Member since: Sep 2009

I'm the founder of RealDirect - we have several services that range from a FSBO on steroids to a full service offering at a discounted rate. Feel free to reach me out to me directly if you want to chat. We've been doing this for 8 years now and have sold over 1000 properties in NYC.

Doug Perlson
doug@realdirect.com

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Response by JR1
almost 8 years ago
Posts: 184
Member since: Jun 2015

There's lots of these, discount brokerage is nothing new, in fact I think a discount broker (Redfin?) went public recently. This business has been around for as long as there have been brokers, nothing to see here.

Though it's really debatable whether it ever works, since traditional brokers are still here stronger than ever.

Would recommend https://www.hauseit.com/ if you're looking for something new and don't want to simply get treated as a FSBO (which you can usually do for free).

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Response by John_R
over 7 years ago
Posts: 4
Member since: Jul 2009

I decided to sell my NYC Coop by owner in May of 2015. To make this venture successful, I knew that I needed to get on the major listings. The difficult one to get on is OLR (this is the MLS for NYC). Thus, I quickly found Hauseit.com and within a day or two, I was listed in the OLR database. After 2 open houses, and multiple offers, I closed in early July. The Hauseit team was great. The process was extremely easy and worth every cent! THANKS!!!

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Response by KeithBurkhardt
over 7 years ago
Posts: 2985
Member since: Aug 2008

Just for clarity, olr is a third party listing company and it's not difficult to get your property listed there. When you list with a rebny member broker, your listing goes into the RLS, from there it automatically uploads to olr.

We use a platform called Real Plus, essentially the granddaddy of the listing databases in New York. When we enter one of our exclusives into the database it automatically uploads to olr, rls, streeteasy and a host of other third-party sites.

Olr is primarily used buy brokers for a variety of functions (terrific company). The most important and searched consumer-facing website is streeteasy.

Keith Burkhardt
www.theburkhardtgroup.com

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Response by CaptainOfTheGate
over 7 years ago
Posts: 78
Member since: Jun 2017

RealPlus has been around the longest it's true, but fortunately for brokers I hear there is lots of competition, from new entrants like Nestio to Perchwell

How much do you pay for Realplus?

Anyone use Perchwell and how is the cost?

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