We need 10,000 Texas Agents to show interest.
Nature of NAR: The National Association of Realtors (NAR) is collusive and anti-competitive by definition. Its boards and rules committees are made up of the industry’s largest competitors, setting rules and controlling access to essential tools like the MLS. This fact will never change. We must separate listings from NAR.
NAR dues = $ 156
State Ass dues = $ 152
Local Ass dues = $ 175
MLS dues = $ 946
Total Annual Cost: $ 1,429
Total Monthly Cost $ 119
Annual Cost
Listing services only:
$240 per year*
Upcoming Optional Services include:
(lockboxes, showing service,
contract software, etc)
Est. Total Annual Cost = $ 480**
Est. Total Monthly Cost = $ 40**
What do you have to lose?
With mass adoption, we can shed the burden of NARs control and costs
Shed the NAR burden of Collusion and Anti-competition
NAR can focus on legislation
RELS will focus on bringing you the tools you want and need at a fair cost
* $240 is based on listing services only estimated costs and subject to change. Once we are ready to provide lockboxes, showing service, and other needed software we will negotiate the best prices possible. Those who only need or want listing services will only have to pay for listing services going forward.
** We will lower costs with scale
Board Membership
Not-Required
We do believe NAR, State, and local associations play a positive role in legislative pursuits and has been a net positive, however, we don't think membership should be tied to your listing system, or required for RELS participation.
We will not collect dues for NAR, we will not consult with NAR, or any local real estate association.
We will only set rules around data integrity, advertising compliance and data usage. We will have one single mission, to provide a place for your listings to be seen by agents who have clients looking for homes.
Independence
Your company is less likely to be accused of collusion for advertising on our platform because we will not have a board of directors or rule committees made up of industry competitors.
We are only a data and advertising platform.
We do not make industry rules, we do not enforce industry rules, we allow anyone with a valid license to subscribe to our system.
NAR gives away your data for no benefit to you. Our goal will be to maximize the revenue to brokers from the sale and use of your data by fintech companies large and small. Our goal is to pass on 80% of net revenue from data sales back to the brokers to help reduce costs.
By not being part of NAR or a local board, RELS is under no obligation or mandate; to regulate compensation, ethics, disputes or business activities.
We will only allow the seller to advertise seller-paid other-agent compensation. We will make it a searchable field. We will allow buyers the ability to search for listings that pay their other-agents. So both buyers and sellers will have control over which listings they see.
Let us know if you have interest.