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Article #297:

Hawaii Flat Fee MLS

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Island homeowners many times are not state: Oahu, Hawaii, Maui, Kauai,
aware that discount listing options are Molokai, Lanai and Niihau. However, the
available when they are ready to sell state is divided up into three different
their home. A novel concept that was MLS systems. The major islands of Oahu,
already taking hold on the mainland in Maui, Hawaii and Kauai are divided as
places like California and Nevada is now follows: Oahu's MLS is the Honolulu Board
available in Hawaii: flat fee MLS of Realtors MLS, Maui's MLS is the
listings. They way that it works is Realtor Association of Maui MLS, and
simple: a homeowner lists his or her Hawaii and Kauai are both a part of the
property on the MLS for a pre-paid flat Hawaii Information Service. It is
fee. All Realtors can now see the important to be listed in the correct MLS
property is for sale and is aware of any system and some sellers actually list in
co-op commission being offered. Not only more than one system to increase their
does the listing show up when a Realtor exposure. One of the added benefits of an
is pulling data on a particular MLS listing is that a number of Internet
subdivision and price point, for sites such as broker websites and agent
instance, Ewa Beach, $700,000 to sites pull in a portion of the listing
$800,000, the listing can be confidently data. This allows one's listings to be
shown by that Realtor to his or her seen by the general public, albeit
clients because the Realtor knows in without the full detailed information, at
advance that a particular compensation is numerous websites. Fees for MLS listings
being offered in the event that their range from a few hundred dollars to one
buyer purchases the property, for thousand dollars or more. Often times the
instance two percent. Because only a MLS listing provider offers optional
buyer's agent would need to be paid at upgrades and other services for an
closing (the listing broker was already additional fee. This might include
pre-paid a small flat fee), the virtual tours or other tools to help
commission savings is typically about market or sell the home. While real
one-half of what some full service agents estate lockboxes are often available,
charge. In the event that the marketing they are not as commonly used in Hawaii
power of the MLS and its related websites as in other states. As with any real
was able to sell the property directly to estate offering, homeowners will want to
an unrepresented buyer with no Realtor, closely examine what is being offered for
the homeowner would end up paying nothing the money and the track record of the
at closing; this represents an enormous flat fee listing company that they go
savings over virtually every other with. Done correctly, a flat fee listing
listing out there. on the MLS can save a homeowner thousands
Flat fee listings on the MLS are of dollars and allow a sale to take place
available virtually anywhere in the in quick fashion.






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