We provide real estate brokerage services to clients in Los Angeles and surrounding Southern California cities. We make a one percent commission (1%), or less, to sell your home and rebate up to 50% or more of our commission to buyers we represent. Our transactions have included $2+ million single family homes in Palos Verdes, sub $500k townhouses in San Luis Obispo, and almost everything else in between - including 1031 Exchanges, multi-family investment properties, new construction and vacant land.
Carl 'Tom' Hallen, Broker MBA-Duke University BSEE-UMass
We have many happy clients!
You'll be working with Carl 'Tom' Hallen, MBA-Duke University, BSEE-UMass.
He managed a $120 million equity portfolio at Pacific Income Advisers, assisted in managing a $2 billion multi-asset portfolio at The Duke Endowment and was an engineer in the semiconductor industry before becoming a real estate broker. He has finished 4 26-mile marathons and admits his times would not impress anyone.
Buyers and sellers of real estate today are often very well educated, experienced and informed. Many have been involved in prior real estate transactions because of job transfers or through investment properties. And because of the proliferation of free real estate information on the Internet, including sales history, listings, school ratings, demographics, open house schedules and even walk-ability scores, many buyers and sellers do much of their own research. These buyers and sellers often feel that the real estate broker or Realtor does not require an exorbitant commission to facilitate a transaction.
Large Buyer Commission Rebates
1% or Lower Listing Commission
Buyers
* We rebate up to half or more of our commission to you. That's typically a rebate of 1% to 1.5% of the purchase price.
* The rebate is typically a credit toward your closing costs and is done through escrow.
* The amount of your rebate depends on whether we need to meet you at properties to view them and how frequently. If you find a property on your own you'll get our best rate.
* We provide personalized service. We carefully review all your documents and disclosures and take time to explain them to you. (The buyer's agent for a property we recently listed neglected to check the box for appliances and cost his client the stove and refrigerator.)
* We will meet with your inspector and discuss the property's condition.
* We're honest. There are no hidden fees, and there's no fine print to read!
* We are very reasonable. It's easy to work with us. Call, text or e-mail us anytime with your questions or requests.
Sellers
* We make a 1% commission, or less, to sell your property.
* You typically pay the buyer's broker 2-2.5% depending on the property type and locale. We check the MLS for commissions based on property type (single family, multi-family, condominium) and zip code. You might be surprised on how the commissions differ.
* We list your home on the MLS; the listing will be shown on all of the MLS sites in Southern California and on numerous web portals.
* We provide all the documents, disclosures, negotiations, information and assistance you need to close escrow.
* Our service is personalized. We carefully review all your documents and disclosures and take time to explain them to you. (The buyer's agent for a property we recently listed neglected to check the box for appliances and cost his client the stove and refrigerator.)
* We hire professional photographers, host open houses, provide for sale signs and a Supra lock box that can only be accessed by agents.
* We're honest. There are no hidden fees, and there's no fine print to read!
* If you need less than a 1.0% commission to make a flip work, or if there are other considerations (high expected sale price, you can manage some or all of the viewing requests, we can install a Supra lock box, etc... ), ask us.
* If you are a For Sale by Owner, want MLS Entry Only or a Flat Fee please read below. We'll try to work within your budget!
If you want a Flat Fee Broker, if you are a For Sale By Owner (FSBO) home seller or want a low commission MLS Listing Broker let us know your budget, and we will try to work with you. ======================== On our website you can read what clients have said about us at the Testimonials tab; you can see our listings and transaction history at Listings/Sales; you can read about the broker's background at About Us. From the Industry Resources tab you can read about neighborhood demographics, school ratings and crime statistics. Our philosophy regarding commissions is at Commissions. ========================
Discount real estate brokers provide brokerage services for lower fees versus the traditional brokers that charge commission of 5-6% of the sale price. Discount real estate brokers might make a commission of around 1% or less to list or sell a home, and they often rebate a portion of the commission to buyers they represent. Seller still have to pay 2-2.5% commission to the buyer's broker, so overall commissions in a transaction with a discount broker might be around 3-3.5% versus 5-6% for a traditional full-pay broker. In the 1980s and 1990s brokers had a monopoly on the information people needed to make decisions regarding real estate transactions. In many locales buyers or sellers would have to go to a County Recorder's office to get information on past sales. But today buyers and sellers can make very informed decisions without a broker. They can get listings, sales history, open house schedules, school ratings and demographic information on the internet for free. Since the real estate business is now more client-centric than agent-centric the clients are realizing that the 5-6% commission structure is not realistic for today's market.
Our primary service area is Southern California, including Los Angeles, San Diego, Orange County and Ventura. We have been involved with properties throughout Southern California, including properties in Santa Monica, West Los Angeles, Culver City, Beverly Hills, Hollywood, West Hollywood, Pacific Palisades, Malibu, Marina del Rey, Venice, Hawthorne, Inglewood, Manhattan Beach, Hermosa Beach, Redondo Beach, Playa del Rey, Palos Verdes, Rolling Hills Estates, Studio City, Sherman Oaks, Woodland Hills, Encino, Reseda, Tarzana and Northridge. Contact us anytime if you need a discount Realtor, a discount real estate broker, a flat fee broker, if you are doing a for sale by owner home sale, or if you just want an MLS listing broker with low commissions. Buyers get commission rebates, and we make a 1% broker commission, or less, to sell your home!
Thank you for visiting our website and considering us. We are members of the California Association of Realtors, the National Association of Realtors and the Combined Los Angeles Westside Multiple Listing Service (MLS).
Carl 'Tom' Hallen, Broker/REALTOR, BRE 01893150 MBA-Duke University BSEE-University of Massachusetts
We have many happy clients!
