The Commercial Brokers Association (CBA) is a member owned cooperative which has provided commercial real estate multiple listing services to its members since 1977. MLS4owners.com displays the properties listed in the CBA Commercial MLS. We also list properties, enabling commercial sellers to reach members brokers as well as buyers who search sites that display CBA listings.
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DOWNLOAD AGREEMENT TO LIST YOUR COMMERCIAL PROPERTY FOR A FLAT FEE OF $695 WITH MLS4OWNERS.COM
Frequently Asked Questions about Commercial Properties
IS MLS4OWNERS A LICENSED REAL ESTATE BROKER?
Yes, MLS4owners is licensed as a real estate broker by the State of Washington. Our designated broker has been licensed to sell real estate in Washington since 1992.
WHAT IS AN MLS?
A multiple listing service (MLS) is an effort among real estate brokers to share data about properties for sale, and to cooperate with and compensate each other for assisting with the sale. MLSs create the most comprehensive computerized database of property for sale, and the majority of real estate sales are a direct result of MLS exposure. The MLS is the tool real estate professionals use to keep informed. Through MLS4owners.com, this "prized possession" of real estate brokers is now available to commercial property sellers at a fraction of the price.
IS MLS4OWNERS.COM A MEMBER OF A COMMERCIAL MULTIPLE LISTING SERVICE?
Yes, MLS4owners.com is a member of the Commercial Brokers Association (CBA).
WHAT IS THE DIFFERENCE BETWEEN MOST MLSs AND THE CBA?
CBA is devoted solely to the marketing of commercial properties. The other multiple listing services of which we are members are designed to help market residential properties. Most commercial brokers are members of the statewide CBA, while most residential brokers are members of their local MLS.
WILL MY PROPERTY SELL FASTER AND FOR MORE MONEY IF I EXPOSE IT THROUGH THE CBA MLS?
Yes, the CBA MLS is the marketplace for commercial real estate. Until MLS4owners.com, people like you had no way to get maximum exposure without paying a high commission. Lack of market exposure is the biggest obstacle facing Commercial For Sale By Owners (FSBOs).
HOW LONG WILL MLS4OWNERS.COM ADVERTISE MY PROPERTY?
The advertisement is good until your property sells, up to one year. You may stop the advertising at any time.
HOW LONG DOES IT TAKE TO GET INTO THE COMMERCIAL MLS?
We will send your information to the multiple listing service within one business day of receiving your agreement, required data and payment. Within hours, your property will be exposed to the 4,000 member agents of the multiple listing service.
HOW CAN I EDIT MY ADVERTISEMENT?
Just send us an email at email@example.com, and we will make your changes free of charge. All changes to price and commission need to be in writing, so email is the preferred method of notification.
I HAVE A GREAT PICTURE OF MY PROPERTY. CAN I USE IT?
Yes, you can email up to 15 photos to "sales (at) mls4owners.com" when you submit your advertising agreement. Photos must be in .jpg (JPEG) format and should be in normal landscape orientation (because upright "portrait" photos and panoramas tend to get distorted or stretched to fit the space avaialble).
I DON'T HAVE ANY DIGITAL PICTURES. DO I HAVE OTHER OPTIONS?
Many stores can create photo disks from prints, including Costco. You can also scan a photo and email it to us.
HOW DO AGENTS KNOW WHAT COMMISSION I AM OFFERING?
The buyer's agent's fee (also known as the selling office commission) is advertised in the CBA database, so agents know before they call you what you are willing to pay them to show and sell your property.
HOW MUCH SHOULD I OFFER TO AGENTS WHO PROCURE OR REPRESENT MY BUYER?
The amount you offer is totally up to you based on the value you place on an agent delivering or representing your buyer. By law, you can offer any amount you choose if you find a broker willing to do so. You may want to set the commission at the level that is most likely to get your home sold AND maximize your profit on the sale. Many people choose to offer a commission that is competitive for their neighborhood, so that agents will not be discouraged from working with them. We have seen people offer as little as $500 and as much as 5%. The choice is yours!
CAN I JUST SAY THE COMMISSION IS "NEGOTIABLE"?
Multiple listing service rules require that you disclose the commission in your listing. You are agreeing that you will pay that commission if an agent represents a buyer on the terms and conditions you advertise.
CAN I DO ADDITIONAL MARKETING ON MY OWN?
Sure, you can advertise wherever you choose.
WHAT IF A REAL ESTATE AGENT CALLS MLS4OWNERS DIRECTLY ABOUT YOUR PROPERTY?
We will refer all agent inquiries directly to you, the seller. You will never pay a commission to MLS4owners.com.
WHAT IF A BUYER CALLS MLS4OWNERS DIRECTLY ABOUT YOUR PROPERTY?
Unlike our competitors, we direct all buyer inquiries to you, and you will not owe any commission to MLS4owners for introducing you to the buyer.
WHAT HAPPENS WHEN I RECEIVE AN OFFER?
Congratulations! You should negotiate directly with the buyer or the buyer's agent. When you have completed negotiations and accepted an offer, you MUST notify MLS4owners so we can update your MLS advertisement to show that you have a pending sale. If you need legal advice, please contact an attorney. You might find what you need at our Legal Center.
WHAT IF MY SALE FALLS THROUGH?
Let us know immediately and we'll reactivate your advertisement, FREE.
I'M A BUYER. HOW DOES MY REAL ESTATE AGENT GET PAID?
Every seller has agreed to pay a commission to your agent's broker at the time the home sells, and the amount of that commission is disclosed to agents in the MLS database.
I'M A BUYER. WHAT'S THE CATCH?
There is no catch. Our sellers have simply chosen to save some money by paying a small upfront advertising fee rather than a large commission at closing. Their savings may be your opportunity!
MAY AGENTS CONTACT THE SELLER DIRECTLY?
Yes, feel free to talk directly to the seller for all questions, showing appointments, presentation of offers, and disclosure forms. You will not violate an agency relationship by doing so. Of course, REALTORSŪ should not solicit our sellers, as they have an existing agreement with MLS4owners.com, and soliciting the seller would be a violation of licensing law, CBA rules and REALTORŪ Code of Ethics.
WHAT HAPPENS ONCE THE PURCHASE AND SALE AGREEMENT IS SIGNED?
When you have a mutually agreed contract, please call or email MLS4owners so we can update the MLS database. If you are a REALTORŪ, please include your office's CBA number.
WHAT ARE SOME OF THE DIFFERENCES BETWEEN THIS PROGRAM AND THE TRADITIONAL MLS4OWNERS RESIDENTIAL SERVICE?
The biggest difference is commercial listings are placed in the CBA MLS instead of your local residential MLS (such as the Northwest Multiple Listing Service). Agent keyboxes and MLS4owners.com signage are not part of commercial listings. Custom signage can be designed though your favorite sign company.