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List4less Real Estate, LLC
At List4less Real Estate, LLC, we draw from our founders’ decades of experience in both real estate sales and mortgage origination to deliver world class services at unmatched value. Our main goal is to be the #1 advocate for our clients, whether it be a seller of an entry level home or an upscale estate, a first-time buyer or an experienced investor. We strive to utilize cutting-edge technology to help our clients achieve their goals efficiently and effectively, without compromising quality. Homeowners have worked hard for their equity, and our focus is to give them options that fit their needs, wishes, personalities, and, most importantly, their budgets.
Before we share our commission structure with visitors considering doing business with List4less Real Estate, it’s important for us to share the major change that the industry has undergone over the last couple of years.
The National Association of Realtors (NAR) was sued in a major antitrust lawsuit over claims that it, along with some of its members, engaged in practices that artificially inflated real estate commissions, violating U.S. antitrust laws. The outcome of this $418 Million lawsuit, and the settlement that came from it comes down to this:
Written Buyer Agreements: Buyer’s agents must have a signed contract with their clients before showing homes, detailing services and compensation.
Basic MLS post
$995
MLS exposure
Seller uploaded pictures and property description, which we upload to MLS after review and approval. Sellers handle calls from buyers and cooperating agents. can offer a buyer’s agent compensation, and negotiate commissions with buyer and their agent. This option can also be used in conjunction with the Transaction Broker Services. We are currently developing our site to be able to have the FSBO properties in our own FSBO listings page. Coming soon!
MLS Posting – Agent Contact
$1,495
MLS exposure
Our basic MLS post service with our contact info, instead of the seller’s. Agent screens calls, pre-qualify buyers and send pre-qualified, interested parties to seller.
Transaction Broker Service
$2,995
Paperwork and Transaction support
For a flat fee of $2,995, parties can choose to have one of trained agents be the transaction broker for their real estate transaction. The agent is not representing either the seller or the buyer in the transaction, nor giving either party advice regarding valuation or being part of the negotiations. Instead, the agent is acting in a transactional capacity, helping the parties execute their purchase agreement and ensure a smooth transaction and a successful outcome. We will write the offer and any addendums as instructed by the parties to the transaction, provide all the forms, including state required disclosures, help with the title and escrow set up and follow up with the buyer’s lender for progress updates, if applicable
4% Listing Fee – Full Representation – Maximum Exposure
Sellers pay only a total of 4% commission, potentially saving them thousands of dollars in commission fees. List4less Real Estate charges a total of 4% commission. This assumes that a buyer’s agent, most likely request that our seller/client pay their agent’s commission, since according to NAR’s settlement we mentioned above, realtors are required to have a buyer representation agreement with their buyer clients, clearly stating the compensation amount they will pay their broker. Commissions are negotiable, but typically, the agreed upon percentage varies between 2.5% to 3% of the agreed upon sales price. And although it’s not always the case, these buyers will ask you, the seller, to pay the 2.5% to 3%, they have agreed to pay their brokers, and many times, they will also ask you, the seller to pay for their closing costs as well. Many times, these concessions will be the issue that prevents a sale from moving forward and an offer to be agreed upon. At List4less Real Estate, LLC, our listing fee is 4%, regardless if a potential buyer asks for the seller to pay their broker’s commission or not. We are prepared to negotiate with the buyer and their agent, and we are prepared to pay up to 2.5% to the buyer’s agent, only retaining 1.5% as a listing commission. In the rare occasion that a buyer don’t ask us to pay for their broker’s commission, electing to pay it our of their pocket instead, the List4less Real Estate listing agent would then retain the full 4% commission, as agreed upon in the listing contract. Our goal is to bridge the gap between the parties, so we can achieve our mission of keeping the transaction together.
4% Listing Fee – Full Representation – Maximum Exposure
Full Representation
Maximum Exposure
List4less REal EState – Pay less, get more!
Beneist4less Real Estate, LLC offers lower listing fees, local expertise, and personalized service for buyers and sellers.
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