Hauseit 1% Full-Service Listing FAQ
How much can I save with Hauseit 1% Full Service?
We charge 1% commission as your listing agent. You decide how much commission to offer buyer’s agents.
If you offer 2.5% to buyer’s agents and the buyer is represented, the total commission you pay would be 3.5% (1% to Hauseit and 2.5% to the buyer’s agent).
If the buyer has no agent, we collect a total commission of 2%.
In the above example, you would save 2.5% in commission if the buyer is represented, and 4% in commission if the buyer does not have an agent. That’s 50% in savings on average vs a traditional 6% commission structure.
Where in NYC is Hauseit 1% Full Service available?
Hauseit 1% Full Service is available throughout NYC, including Manhattan, Brooklyn, Queens, the Bronx, and Staten Island. Since opening our doors in 2014, we’ve closed in excess of 1,280 sale transactions in New York City. View our current NYC listings on StreetEasy.
What is Hauseit's track record selling co-ops in NYC?
We have an extensive track record working with sellers of NYC co-ops, with around half of our total transaction volume representing co-ops. With over a decade of experience navigating the unique complexities of NYC co-ops – including those with the strictest boards – we have developed a proven approach to evaluating buyer financials, analyzing offers terms, and preparing board packages to maximize the odds of co-op board approval.
Does Hauseit work with NYC townhouses?
Yes. We have an extensive track record representing sellers of townhouses throughout NYC, including both single-family and multi-family homes. We are intimately familiar with the additional nuances of selling NYC brownstones.
Where else in NY does Hauseit offer 1% Full Service?
In addition to NYC, Hauseit 1% Full Service is available throughout Long Island and Westchester.
Long Island: Nassau and Suffolk Counties
Hudson Valley: Westchester County
Where in Florida does Hauseit offer 1% Full Service?
Hauseit 1% Full Service is available throughout the Florida counties of Miami-Dade, Broward & Palm Beach.
How much commission should I offer buyer's agents?
How much commission you offer to buyer’s agents is entirely up to you. Commissions are not set by law or any Realtor® association or MLS and are fully negotiable.
Please note that the 1% listing fee does not include the commission you choose to offer to buyers’ agents.
How much do I save if the sale is with a direct buyer?
If the buyer of your property is unrepresented, you’ll save even more on commission compared to what a traditional listing agent would charge. In the case of an unrepresented (direct) buyer, we collect a total of just 2%.
With traditional listing agents and a typical Exclusive Right to Sell listing agreement, you’re still typically required to pay the full 6% commission to the listing agent, even if the buyer doesn’t have a buyer’s agent.
What's the difference vs a traditional listing?
A Hauseit 1% Full Service listing offers you the same scope of work and level of service you’d expect by hiring a traditional, full-service agent who charges 6% commission. The only difference is how much money you will save on closing costs. A traditional listing agent charges you 6% commission regardless of the outcome, even for a direct (unrepresented) buyer.
Commission rates are not set by law and are fully negotiable between a seller and their broker. A 6% commission is often described as effectively 3% per side, since the listing agent typically splits it equally with the buyer’s agent representing the purchaser. According to available data, approximately 75% to 90% of buyers are represented by their own agent, since buyer’s agents and listing agents most likely split the commission equally.
According to a research study conducted by the National Association of Realtors (NAR), 98% of home buyers use the internet to search for homes. The remaining 2% presumably rely exclusively on a buyer’s agent to conduct their search.
This is meaningful because no real estate brokerage owns the MLS, the RLS, or any of the popular real estate search websites that buyers and their agents use. All listing agents upload their listings to the MLS, after which they are automatically syndicated to an industry standard set of places. As a result, the marketing exposure a property receives is generally the same regardless of which brokerage lists it.
How do I sign up for Hauseit 1% Full Service?
To get started, simply choose a time on the calendar above to speak with us. If none of the times work for you or you need to speak with us after business hours, please email us with your name, phone number, property address and contemplated listing price and we will do our best to accommodate you.
During your complimentary consultation, we will discuss your goals and questions on the sale process and formulate a marketing strategy for your home. You will also have an opportunity to discuss and agree upon a reasonable initial listing price that works for both parties.
If you decide to move forward after speaking with us, please follow the next steps outlined here.
Who will be my agent?
After your introductory call with our team, we will assign you an agent who will be your main point of contact throughout the process. We assign agents based on best fit and proximity.
We are confident that you will be happy with the agent we assign; however, if for whatever reason you wish to be assigned a different agent, please contact us right away so we can assign you another agent.
Will someone handle the whole process for me?
Yes. A Hauseit 1% Full Service listing is identical in every way to what you’d receive by signing up for a full-service listing with your local agent for 6% commission. The only difference is the commission structure and by extension, how much money you save on closing costs. This means our brokers will take care of everything from the marketing of your home to handling inquiries and showings, conducting open houses, reviewing and negotiating offers and assisting with the board package in the case of a condo or co-op.
Can I sell with Hauseit if I no longer live in New York City?
Already moved out of NYC? Not to worry — we have extensive experience with out-of-state and international sellers and will manage everything from start to finish. You don’t need to be physically present in NYC to sell — your real estate attorney can help craft a Power of Attorney that allows you to close remotely from anywhere in the world.
Will my agent conduct open houses?
Yes. Open houses and private showings are included. There is no limit to the number of open houses we’ll conduct for your listing.
Our service is identical in every way to you signing up for a full-service listing with your local agent for 6% commission. This means our brokers will take care of everything from the marketing of your home to handling inquiries and showings, conducting open houses, reviewing and negotiating offers and assisting with the board package in the case of a condo or co-op.
How is Hauseit Assisted FSBO different from Hauseit 1% Full Service?
A Hauseit® Assisted FSBO listing is a do-it-yourself listing service whereas 1% Full Service is a traditional, agent managed listing. Although your home will be listed in the same places under either service, Hauseit® Assisted FSBO sellers are expected to fully handle their sale process from the moment they are relayed an inquiry by our front desk. There is no phone support, email support or pricing guidance included with our Base and Core plans.
As a result, a Hauseit® Assisted FSBO listing is most appropriate for sellers who can easily show their own home, who are self-starters, who are willing to do their research and who have the right level of expectations for a flat fee MLS listing. Learn more about the difference between our 1% for Full Service and Assisted FSBO listing options in this tutorial video.
Do you have any minimum price or commission requirements?
Our brokers need to earn a minimum of $7,500 per transaction. Therefore, if your sale price is below $750,000, the actual commission you will pay your listing broker may exceed 1%.
