Recent Transactions
Buyer Rebates
Sell Your Home
Buyers: Get a Rebate of 1%-1.5% Or More of Purchase Price

Sellers: Pay 1% or Less to Us, 2-2.5% to Buyer's Broker
Welcome to New Hope Realty, Inc.
We rebate up to 50% or more of our
commission to buyers we represent.

Our commission to sell your home is 1% or less.

You'll be working with Carl 'Tom' Hallen, CFA

He has an MBA degree from Duke University and a BS in Electrical
Engineering from University of Massachusetts

He was an equity analyst in the money management industry and an engineer in the semiconductor industry before becoming a real estate broker.

We have many happy clients!

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3.5% Commission or Less to Sell Your Home   

   Buyer Commission Rebates of

(1% Or Less to Us, 2-2.5% to Buyer's Agent)   

   1-1.5% or More of Purchase Price

Cell/Text: 310-339-4593              E-mail: tomhallen@gmail.com             (click here to send us e-mail)

New Hope Realty, a full-service discount real estate broker

New Hope Realty, Inc., a full-service discount real estate broker

discount real estate brokers Los Angeles, one percent brokers
We have many happy clients!
You'll be working with Carl 'Tom' Hallen, MBA-Duke University, BSEE-UMass.

Cell/Text: 310-339-4593

E-mail: tomhallen@gmail.com
one percent brokers, buyer commission rebates bigger than Redfin
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.
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.

Buyers and sellers of real estate today are often well educated, experienced and informed. Many have been involved in prior real estate transactions because of job transfers or through investment properties. They do much of their own research and get sales history, listings, school ratings, demographics, open house schedules and walk-ability scores for free on the internet. These buyers and sellers often feel the real estate broker or Realtor does not require an exorbitant commission to help facilitate a transaction.
one percent brokers, larger buyer commission rebates than Redfin
You'll be working with
Carl 'Tom' Hallen, Broker
MBA-Duke University

Our transactions have included $2+ million single family homes, sub $500k townhouses, and almost everything else in between - including 1031 Exchanges, multi-family investment properties, fix and flips, new construction and vacant land.

Our commissions are discounted because many buyers and sellers feel the standard $25,000 commission to each side on a $1 million home, as an example, is excessive, considering the services rendered and value-added, and that brokers often do not need to do much more than complete forms.

Large Buyer Commission Rebates

1% or Lower Listing Commission




* 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.

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, Long Beach, 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 California Regional Multiple Listing Service (CRMLS).

Carl 'Tom' Hallen, Broker/REALTOR, BRE 01893150
MBA-Duke University
BSEE-University of Massachusetts

New Hope Realty, Inc.
406 Broadway 211C
Santa Monica, California 90401
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