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 Post subject: Re: Flat Fee MLS Discount Brokerage Services
PostPosted: Tue Dec 22, 2009 2:07 pm 
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Georgia Flat Fee MLS Discount Brokerage Services

Allows choice of brokerage services
Allows brokers to offer rebates to consumers

A task force created by the Georgia Real Estate Commission studied whether to recommend the Real Estate Commission request that the Georgia Legislature impose minimum service requirements on consumers who use brokers in Georgia. The task force decided not to recommend the Real Estate Commission seek a minimum service provision—preserving choice for consumers in Georgia.

Consumers can:

* Search for a Flat fee MLS broker in Georgia and Go FSBO!
* Wipe out the listing brokerage commission and save thousands.
* Stay in control by eliminating certain contractual risks that are present when using a full service real estate broker.
* Deal directly with a licensed Georgia broker. Fees vary by State, County, and Local Broker.
* MLS Listings are updated in real time and are available for viewing on realtor.com and your local MLS 24/7.

http://www.brokerlessmls.com/index.php? ... Itemid=150


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 Post subject: Re: Flat Fee MLS Discount Brokerage Services
PostPosted: Tue Dec 22, 2009 2:17 pm 
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Hawaii Flat Fee MLS Discount Brokerage Services

Allows choice of brokerage services
Allows brokers to offer rebates to consumers

Hawaii allows real estate brokers to provide rebates to consumers and to customize their real estate service offerings to meet their customers’ needs.

Hawaii consumers may use a flat fee MLS broker and sell (or otherwise transfer title to the real property) to any person whom they procure (i.e. someone who is not represented by a "Buyer's Broker") without having to pay a buyer's brokerage commission or penalty.

Consumers can:

* Search for a Flat fee MLS broker in Hawaii and Go FSBO!
* Wipe out the listing brokerage commission and save thousands.
* Stay in control by eliminating certain contractual risks that are present when using a full service real estate broker.
* Deal directly with a licensed Hawaii broker. Fees vary by State, County, and Local Broker.
* MLS Listings are updated in real time and are available for viewing on realtor.com and your local MLS 24/7.

http://www.brokerlessmls.com/index.php? ... Itemid=150


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 Post subject: Re: Flat Fee MLS Discount Brokerage Services
PostPosted: Tue Dec 22, 2009 2:21 pm 
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Joined: Wed Dec 10, 2008 9:35 am
Posts: 75
Idaho Choice of Limited Brokerage Service

Limits choice of brokerage services
Allows brokers to offer rebates to consumers

In 2007, Idaho enacted a minimum service law, supported by the Idaho Association of Realtors. Idaho Statute § 54-2087(3) requires brokers hired by consumers “to be available to the client to receive and timely present all written offers.”

The new law prohibits consumers from waiving the required service, even if the consumer and the broker agree that the consumer does not want to purchase the service and the broker does not want to provide the service.

http://www.brokerlessmls.com/index.php? ... Itemid=150

Related documents on the Internet:

* Idaho Statute § 54-2087(3) requiring brokers to perform minimum services: http://www3.state.id.us/cgi-bin/newidst ... 40200087.K


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 Post subject: Re: Flat Fee MLS Discount Brokerage Services
PostPosted: Wed Dec 23, 2009 4:27 am 
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Posts: 75
Illinois Flat Fee MLS Limited Brokerage Services

Limits choice of brokerage services
Allows brokers to offer rebates to consumers

Illinois's minimum service provision requires real estate brokers entering into exclusive brokerage agreements to accept and present offers and counteroffers and answer their clients' questions in every real estate transaction.

http://www.brokerlessmls.com/index.php? ... Itemid=150

Related documents on the Internet:

* Illinois Real Estate License Act of 2000 (http://www.ilga.gov/legislation/ilcs/il ... ct+of+2000)
* Letter to Illinois General Assembly Re: Effects of House Bill 4313 (prohibiting broker rebates) on competition (http://www.justice.gov/atr/public/real_ ... 230858.htm)
* Letter to Illinois Senate on Proposed Amendment to Illinois Real Estate License Act of 2000 (http://www.justice.gov/atr/public/real_ ... 250575.htm)


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 Post subject: Re: Flat Fee MLS Discount Brokerage Services
PostPosted: Wed Dec 23, 2009 4:31 am 
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Indiana Flat Fee MLS Limited Brokerage Service

Limits choice of brokerage services
Allows brokers to offer rebates to consumers

Indiana law requires real estate brokers to accept and present offers and counteroffers and answer their clients’ questions in every real estate transaction. Consumers can no longer purchase and brokers can no longer offer MLS-listing-only and other à la carte services.

www.brokerlessmls.com/index.php?option= ... Itemid=150


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 Post subject: Re: Flat Fee MLS Discount Brokerage Services
PostPosted: Wed Dec 23, 2009 4:35 am 
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Iowa Choice of Flat Fee MLS Brokerage Services

Limits choice of brokerage services
Prohibits brokers from offering rebates to consumers

Iowa law requires real estate brokers to accept and present offers and counteroffers, and answer their clients’ questions in every real estate transaction, even if consumers do not wish to buy these services. Consumers can no longer purchase and brokers can no longer offer MLS-listing-only and other à la carte services.

Iowa law prohibits consumers from receiving consumer rebates when more than one broker assists them to buy or sell property. For example, two brokers may believe that each has a specialty in particular parts of the real estate transaction and wish to divide up the work to focus on what each does best. In such a situation, the home buyer may not receive a rebate.

www.brokerlessmls.com/index.php?option= ... Itemid=150


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 Post subject: Re: Flat Fee MLS Discount Brokerage Services
PostPosted: Wed Dec 23, 2009 4:36 am 
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Posts: 75
Kansas Choice of Limited Brokerage Services

Limits choice of brokerage services
Prohibits brokers from offering rebates to consumers

Kansas law requires real estate brokers to accept and present offers and counteroffers, even if consumer do not wish to buy these services.

Kansas
law prohibits real estate brokers from competing with each other by offering consumer rebates. This reduces the ability of consumers to benefit from competition among brokers.

However, according to the Kansas Real Estate Commission, real estate brokers may offer their customers use of moving vans, charitable donations, coupons, closing costs, homeowner warranties, inspections, home repairs, and insurance among other things in the course of the real estate transaction.

www.brokerlessmls.com/index.php?option= ... Itemid=150


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 Post subject: Re: Flat Fee MLS Discount Brokerage Services
PostPosted: Wed Dec 23, 2009 9:14 am 
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Kentucky Flat Fee MLS Limited Brokerage Services

Allows choice of brokerage services
Allows brokers to offer rebates to consumers

Kentucky
law requires brokers to present all offers, but allows consumers to waive that requirement. This written waiver preserves consumers’ ability to choose the brokerage services they want, including MLS-listing-only services or other à la carte services.

Kentucky consumers may use a flat fee MLS broker and sell (or otherwise transfer title to the real property) to any person whom they procure (i.e. someone who is not represented by a "Buyer's Broker") without having to pay a buyer's brokerage commission or penalty.

Consumers can:

* Search for a Flat fee MLS Broker in Kentucky and Go FSBO!
* Wipe out the listing brokerage commission and save thousands.
* Stay in control by eliminating certain contractual risks that are present when using a full service real estate broker.
* Deal directly with a licensed Kentucky broker. Fees vary by State, County, and Local Broker.
* MLS Listings are updated in real time and are available for viewing on realtor.com and your local MLS 24/7.

http://www.brokerlessmls.com/index.php? ... Itemid=150


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 Post subject: Re: Flat Fee MLS Discount Brokerage Services
PostPosted: Wed Dec 23, 2009 9:16 am 
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Joined: Wed Dec 10, 2008 9:35 am
Posts: 75
Kentucky Flat Fee MLS Limited Brokerage Services

Allows choice of brokerage services
Allows brokers to offer rebates to consumers

Kentucky law requires brokers to present all offers, but allows consumers to waive that requirement. This written waiver preserves consumers’ ability to choose the brokerage services they want, including MLS-listing-only services or other à la carte services.

Kentucky consumers may use a flat fee MLS broker and sell (or otherwise transfer title to the real property) to any person whom they procure (i.e. someone who is not represented by a "Buyer's Broker") without having to pay a buyer's brokerage commission or penalty.

Consumers can:

* Search for a Flat fee MLS broker in Kentucky and Go FSBO!
* Wipe out the listing brokerage commission and save thousands.
* Stay in control by eliminating certain contractual risks that are present when using a full service real estate broker.
* Deal directly with a licensed Kentucky broker. Fees vary by State, County, and Local Broker.
* MLS Listings are updated in real time and are available for viewing on realtor.com and your local MLS 24/7.

http://www.brokerlessmls.com/index.php? ... Itemid=150


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 Post subject: Re: Flat Fee MLS Discount Brokerage Services
PostPosted: Wed Dec 23, 2009 9:18 am 
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Joined: Wed Dec 10, 2008 9:35 am
Posts: 75
Louisiana Choice of Flat Fee MLS Limited Brokerage Services

Allows choice of brokerage services
Prohibits brokers from offering rebates to consumers

Louisiana law prohibits real estate brokers from paying rebates to home buyers and sellers and insulates real estate brokers from competing with each other to offer services to consumers at competitive prices.

www.brokerlessmls.com/index.php?option= ... Itemid=150


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