What is LYST?
LYST is a property owner and real estate agent connection platform designed to give property owners more control over the listing process.
Instead of being locked into a traditional commission structure (usually around 3%), property owners can indicate the commission they are willing to offer and connect with experienced, licensed real estate professionals who may be interested in working with them.
How does LYST work?
It's simple:
Submit your property information through LYST.
Tell us the commission amount you are willing to offer.
LYST connects your property opportunity with licensed real estate professionals.
An interested agent can contact you to discuss the property and potential representation.
You and the agent decide whether you want to work together.
How much can I save by using LYST?
The amount you may save depends on the commission you negotiate with the real estate professional you choose.
LYST gives you the ability to establish the commission you're comfortable offering rather than simply accepting a predetermined rate.
Do I have to offer a specific commission?
No. LYST is designed to give property owners flexibility.
You can indicate the commission amount or percentage you are willing to offer when submitting your property. The final terms of any relationship are determined between you and the real estate professional.
*A minimum of $5,000 is recommended for a higher probability of an agent accepting your offer, but not required.
Can I list a residential property?
Yes. LYST supports residential properties, including homes and other residential real estate.
Can I list a commercial property?
Yes. LYST also connects commercial property owners with real estate professionals who work with commercial properties.
Does LYST sell my property?
No. LYST is not a real estate brokerage and does not sell or market your property as your real estate agent.
LYST's role is to connect property owners with independently licensed real estate professionals. If you choose to work with an agent, that agent and their brokerage provide the applicable real estate brokerage services.
Does LYST represent me as a seller?
No. LYST does not represent buyers or sellers in real estate transactions.
If you choose to work with an agent, that agent will explain their services, representation, compensation, and any applicable agreements directly to you.
Am I required to work with an agent after submitting my property?
No. Submitting your information to LYST does not by itself create a real estate agency relationship.
If an agent contacts you, you can decide whether you want to have a conversation and whether you want to move forward.
Is there a cost to submit my property to LYST?
No, LYST is a free service and connects you with an agent at no cost.
What information do I need to submit my property?
You'll generally need to provide:
Your name
Phone number
Email address
Property address
Property type
The commission amount or percentage you're willing to offer
Providing accurate information helps LYST and interested real estate professionals better understand the opportunity.
What happens after I submit my information?
After submitting your property information, LYST can use the information to facilitate connections with real estate professionals who may be interested in working with you. An interested agent may contact you to discuss your property and their services.
How do I get started?
Getting started is easy. Submit your property information through LYST and tell us the commission you're willing to offer.
For real estate professionals, you can join LYST by providing your professional information and real estate license details.
How can I contact LYST?
Have a question that isn't answered here?
Email support@listwithlyst.com or call us at (844) 597-8247 and our team will be happy to help!
Frequently Asked Questions
For Property Owners
Why should real estate agents join LYST?
LYST helps agents spend less time searching for listings and cold calling and more time connecting with property owners who are actively exploring their options. The platform is designed to bring property opportunities directly to agents.
What types of properties can agents find through LYST?
LYST supports both residential and commercial property opportunities.
Agents can indicate the type of real estate they work with when joining the platform.
Do I need a real estate license to become an agent on LYST?
Yes. LYST is designed to connect property owners with experienced, independently licensed real estate professionals.
Agents are asked to provide their real estate license information when joining.
How does an agent get connected with a property owner?
Property owners submit their property information and the commission they are willing to offer. Agents who are interested in an opportunity can connect with the property owner to discuss the potential listing.
Does LYST guarantee that I will receive listings?
No. LYST provides a platform for connecting property owners and real estate professionals, but it does not guarantee that an agent will receive a listing or enter into a transaction. The property owner and agent ultimately decide whether to work together.
Does LYST negotiate the commission between the agent and property owner?
LYST allows property owners to indicate the commission they are willing to offer. Any final compensation and listing agreement are determined between the property owner and the real estate professional.
Is LYST a real estate brokerage?
No. LYST is a property owner and agent connection platform, not a real estate brokerage.
LYST does not provide real estate brokerage services or represent buyers or sellers. All real estate brokerage services are provided by independently licensed real estate agents and their respective brokerages.
For Real Estate Agents
Help
Questions? Reach out anytime, we're here.
support@listwithlyst.com
(844) 597-8247
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