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MrsJ
I love my Katie Bug
Member since 5/05 11357 total posts
Name:
Kathy
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Re: MLSLI.com Question
Posted by LIFamilies
Posted by DjPiLL
Aren't there FSBO listings that will simultaneously list on MLS?
You don't have to sign with a realtor to get an MLS listing.
Yes there are!
Do you know which sites will do this?
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Posted 8/22/05 11:14 AM  |
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DjPiLL
Member since 5/05 3664 total posts
Name:
Richard
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Re: MLSLI.com Question
Posted by MrsERod
djpill, i WAS CORRECT! and YOU are wrong. kathy's original question was specific! she was asking about MLSLI.com!!!
Frankly... I don't believe them. MLSLI will say that because you probably spoke to a broker when you called. It would be in their best interest to say you need a realtor.
I am going to call Ron's contact and ask them if there is any way to get on the MLSLI website for $500 buks.
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| Posted 8/22/05 11:14 AM |
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MrsJ
I love my Katie Bug
Member since 5/05 11357 total posts
Name:
Kathy
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Re: MLSLI.com Question
Posted by MrsERod
Posted by DjPiLL
So it makes more sense to go with a realtor and pay 3% commission over paying $500 buks?
for some people it does! saves them alot of time and headache having a realtor take care of everything, especially with everything thats involved.
We'd like to try to sell on our own first, I really dont mind doing the leg work and I sold my neighbor's house the same way. Plus it would dave us approx. $22,000 in realtor commissions! 
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| Posted 8/22/05 11:15 AM |
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DjPiLL
Member since 5/05 3664 total posts
Name:
Richard
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Re: MLSLI.com Question
Posted by LIFamilies
FYI - the FSBO companies that list a home on MLS are doing it through a realtor. The realtor is invisible to the seller. The realtor is doing something they really aren't supposed to be doing but for the dollars and cents I guess they do!
So are you saying that if you list through your site... and pay them the $500 buks... they can get a listing on MLSLI right?
It makes sense that the realtor would be doing the actual listing cause its not like an end user or a customer will get editing access to the multiple lisitng service.
I just tried calling them... but they didnt have anyone available to talk to. Didnt feel like leaving my number.
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| Posted 8/22/05 11:17 AM |
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MrsERod
Praying for Everyone.
Member since 5/05 26170 total posts
Name:
MrsERod™®
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Re: MLSLI.com Question
Posted by kelleherkm
Posted by MrsERod
Posted by DjPiLL
So it makes more sense to go with a realtor and pay 3% commission over paying $500 buks?
for some people it does! saves them alot of time and headache having a realtor take care of everything, especially with everything thats involved.
We'd like to try to sell on our own first, I really dont mind doing the leg work and I sold my neighbor's house the same way. Plus it would dave us approx. $22,000 in realtor commissions!
of course! it's certainly alot of money. you have to do what's best for you. i won't wish you good luck, because i'm sure you'll have no problem selling it on your own. it's a beautiful house. 
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| Posted 8/22/05 11:18 AM |
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DjPiLL
Member since 5/05 3664 total posts
Name:
Richard
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Re: MLSLI.com Question
Posted by kelleherkm
We'd like to try to sell on our own first, I really dont mind doing the leg work and I sold my neighbor's house the same way. Plus it would dave us approx. $22,000 in realtor commissions!
Thats what I figured you wanted right from the start. Why pay crazy broker commissions if you dont have to.
Good luck with it. I plan on doing the same exact thing (get a $500 MLS listing and get it on MLSLI).
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| Posted 8/22/05 11:18 AM |
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MrsJ
I love my Katie Bug
Member since 5/05 11357 total posts
Name:
Kathy
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Re: MLSLI.com Question
Posted by DjPiLL
Posted by kelleherkm
We'd like to try to sell on our own first, I really dont mind doing the leg work and I sold my neighbor's house the same way. Plus it would dave us approx. $22,000 in realtor commissions!
Thats what I figured you wanted right from the start. Why pay crazy broker commissions if you dont have to.
Good luck with it. I plan on doing the same exact thing (get a $500 MLS listing and get it on MLSLI).
Just to make sure I understand this right - if I go thru the site Ron recommended, they will list it for me (for $500) and then THEY will list it on MLSLI for me as well??
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| Posted 8/22/05 11:20 AM |
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DjPiLL
Member since 5/05 3664 total posts
Name:
Richard
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Re: MLSLI.com Question
Posted by kelleherkm
Just to make sure I understand this right - if I go thru the site Ron recommended, they will list it for me (for $500) and then THEY will list it on MLSLI for me as well??
I am not sure.
MrsERod says no you can't. But I think you can.
Either way... I would call them to find out yourself. Just make sure you clearly say you want to do all the legwork yourself... you will find a buyer yourself... and you want no agents involved and just want to pay the flat $500 MLS fee (or whatever it is for the county).
Make sure you ask if your MLS listing will be available to all MLS search engines (including MLSLI).
I could be wrong... but somehow I doubt it. 
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| Posted 8/22/05 11:23 AM |
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Redhead
You Live, You Learn
Member since 5/05 31871 total posts
Name:
Jennifer
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Re: MLSLI.com Question
Posted by kelleherkm
Posted by DjPiLL
Posted by kelleherkm
We'd like to try to sell on our own first, I really dont mind doing the leg work and I sold my neighbor's house the same way. Plus it would dave us approx. $22,000 in realtor commissions!
Thats what I figured you wanted right from the start. Why pay crazy broker commissions if you dont have to.
Good luck with it. I plan on doing the same exact thing (get a $500 MLS listing and get it on MLSLI).
Just to make sure I understand this right - if I go thru the site Ron recommended, they will list it for me (for $500) and then THEY will list it on MLSLI for me as well??
i don't think there are any FSBO listings on MLSLI....
I believe all of the listings are in fact through a company
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| Posted 8/22/05 11:24 AM |
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Redhead
You Live, You Learn
Member since 5/05 31871 total posts
Name:
Jennifer
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Re: MLSLI.com Question
Multiple Listing Service of Long Island, Inc.
The Multiple Listing Service of Long Island, Inc. (MLSLI), is a computerized network of more than 2,500 cooperating real estate offices, located across Nassau, Suffolk and Queens counties. Within this service, thousands of professional REALTORS®, both owner brokers and their sales associates, share listing and sale information, and work together to serve the buying and selling public. MLSLI is a wholly owned subsidiary of the Long Island Board of REALTORS®.
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| Posted 8/22/05 11:25 AM |
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MrsJ
I love my Katie Bug
Member since 5/05 11357 total posts
Name:
Kathy
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Re: MLSLI.com Question
OK I just found some info on bywoner.com re: MLS listings:
Order an MLS Listing for a low flat fee through our online form http://www.byowner.com/listnow/ or by calling 1-800-ByOwner We will call a local agent in its broker network who will contact you directly and provide you with the necessary paperwork. Return the completed paperwork to the agent who will place your home on your local MLS within 48 hours at no additional charge. The agent will contact you directly to confirm your home has been placed on the MLS Listing System and provide you with the MLS Listing number for your property. Your home will be advertised for six months. When a Realtor® brings you a buyer that results in a successful home sale, you pay the Buyer's Agent a commission (typically 2.5-3%)
Soooo we'd still have to pay a realtor commission.
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| Posted 8/22/05 11:44 AM |
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DjPiLL
Member since 5/05 3664 total posts
Name:
Richard
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Re: MLSLI.com Question
I just spoke to somebody and I got the same information.
So it looks like I was wrong! 
I am going to have to look into this further. There has to be a way to get on the MLS for a minimal fee.
Your site said 2.5-3%. I found a site that would go as low as 2%.
Since that is negotiable... there may be sites or people out there that will do it cheaper (maybe 1%). I am sure there are some corrupt RE agents out there that will get you on there for cheap and want to make a quick buck. 
In the meantime... if you want to try to sell on your own... list in Newsday.com. Their fee is cheap and when I sold my co-op... i only listed in newsday and I got tons of calls every day.
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| Posted 8/22/05 12:13 PM |
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MrsJ
I love my Katie Bug
Member since 5/05 11357 total posts
Name:
Kathy
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Re: MLSLI.com Question
Yes I think we're going to try Newsday too. And one of the for sale by owner sites. I already have it listed on LIW/LIF and Craigs List. So hopefully you all are right and we'll sell fast!! I am so nervous about this all!!
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| Posted 8/22/05 12:16 PM |
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DjPiLL
Member since 5/05 3664 total posts
Name:
Richard
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Re: MLSLI.com Question
The woman told me that when you do this type of listing... your name and number get listed as the "selling / showing contact" on MLSLI.
Problem with this is... that number is not visable on the public MLSLI website. Its visable on realtor section of MLSLI so the buyer's agent will contact you directly if they want to see the property.
But that same section where it will list your name and number... you also must list what percentage of the sale are you willing to pay any buyers agent. (lowest I found was 2%). So you are selling the home on your own... you eliminate the listing agent's commission. But you still have to pay a buyer's agent.
The woman told me that MLS will take down any listing they find that has owner contact information on it. I guess thats their way to justify their existance.
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| Posted 8/22/05 12:19 PM |
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DjPiLL
Member since 5/05 3664 total posts
Name:
Richard
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Re: MLSLI.com Question
Posted by kelleherkm
Yes I think we're going to try Newsday too. And one of the for sale by owner sites. I already have it listed on LIW/LIF and Craigs List. So hopefully you all are right and we'll sell fast!! I am so nervous about this all!!
Yup you learn something new everyday I guess. Try Newsday first. You may be surprised how many calls you get.
I am still going to look into this though. Where there is a will... there is a way.
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| Posted 8/22/05 12:21 PM |
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danielleandscott
My new 71 Super Beetle
Member since 5/05 13476 total posts
Name:
Scott
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Re: MLSLI.com Question
Are you going to have any open houses?
Scott
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| Posted 8/22/05 12:28 PM |
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DjPiLL
Member since 5/05 3664 total posts
Name:
Richard
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Re: MLSLI.com Question
Here's one way that may get you MLSLI exposure and not have to pay a listing agent....
Have the internet website you get your FSBO MLS listing... edit your MLS listing to add an open house date.
They can put in an open house... then you will probably get a lot of buyers showing up without an agent. Then you can deal with those buyers directly when they show up... explain you prefer a FSBO deal with no agents and you should be good to go.
I know I looked at a lot of open houses I found on MLSLI without an agent.
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| Posted 8/22/05 12:30 PM |
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MrsJ
I love my Katie Bug
Member since 5/05 11357 total posts
Name:
Kathy
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Re: MLSLI.com Question
Posted by DjPiLL
Here's one way that may get you MLSLI exposure and not have to pay a listing agent....
Have the internet website you get your FSBO MLS listing... edit your MLS listing to add an open house date.
They can put in an open house... then you will probably get a lot of buyers showing up without an agent. Then you can deal with those buyers directly when they show up... explain you prefer a FSBO deal with no agents and you should be good to go.
I know I looked at a lot of open houses I found on MLSLI without an agent.
OK I'll look into this!! Thanks!
Oh, I also looked into Newsday - for a 3 line Real Estate ad (whcih will appear for 7 days) it is $263
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| Posted 8/22/05 12:32 PM |
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MrsJ
I love my Katie Bug
Member since 5/05 11357 total posts
Name:
Kathy
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Re: MLSLI.com Question
Posted by danielleandscott
Are you going to have any open houses?
Scott
Yes, we will if we need to - in about 2 weeks we would probably have one if we havent had any luck by then.
I dont want to waste time selling, you know?
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| Posted 8/22/05 12:33 PM |
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DjPiLL
Member since 5/05 3664 total posts
Name:
Richard
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Re: MLSLI.com Question
Posted by kelleherkm
OK I'll look into this!! Thanks!
Oh, I also looked into Newsday - for a 3 line Real Estate ad (whcih will appear for 7 days) it is $263
For just 7 day listing... put an open house date and address in the listing.
I think I got a 30 or a 60 day listing with them. That might be better. See what that costs.
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| Posted 8/22/05 12:40 PM |
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MrsJ
I love my Katie Bug
Member since 5/05 11357 total posts
Name:
Kathy
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Re: MLSLI.com Question
I just talked to DH he said not to put it in Newsday yet. I dont know why not though.
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| Posted 8/22/05 12:47 PM |
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