National Real Estate Listing Service.
The NRELS is a division of Love Won Holdings, which is a division of
Love Won Society International, a non-profit altruistic organization
established under Ecclesiastic Law in 2008 in the State of Nevada,
Mission Statement: The Mission of the NRELS is to establish and
maintain a national registry for the listing of properties for sale
within the real estate markets of each State, County, and City for all
nations in which the NRELS is functioning. Mission Purpose: to provide a financial structure for Families or Single persons to purchase a home at reasonable terms and prices.
Note: This program outlined below, is available for any Zim
A Zim Holder that contracts with NRELS is considered a
“Benefactor” within NRELS documentation. To become involved in
the NRELS, the new Zim Benefactor needs to register and sign the
agreement (yet to be created) accepting the policies and procedures
contained in the Listing Service. Contracting Benefactors would then
set up their own Real Estate Brokers and agents to effectuate the
buying and selling process. The NRELS listing database is to be
organized by Country, State, County, and City search as well as by
other listing information; beds, baths, size, price, etc. Listings will
include, pictures, details of the home, etc., and other pertinent
information needed to make an informed decision by a buyer. The
Broker and agents responsible for the purchase would act as the
listing agent for the re-sale of the property. The brokerage commission
for the re-sale is addressed below. The Zim Benefactor would be the
lienholder of the properties they fund. All loan payments would go
back to Benefactor for re-use.
The Real Estate Problem: The availability of money and the Fed
rates among other factors, determines the viability of the over-all
national housing market. The Fed can manipulate the markets at
will, which affects the viability and profitability of Real Estate
holdings. A home is usually the most important investment a person
can make for his or her Family. The financial success of this
investment may be altered by many outside factors beyond the
control of the homeowner. A person’s income needs to be secure
but is oftentimes affected by unemployment and other factors that
can erode the home owner’s ability to service the loan to keep the
Family Home from foreclosure.
The Real Estate Solution: A real Solution must stabilize the
housing market and take away the possibility of one losing their
home involuntarily due to financial problems caused by
circumstances beyond their control. Using the Revenue Sharing
Solution’s (RSS)Share program with the continuous download of
funds, gives stability to one’s financial status, and creates a less
stressful environment in which to live. The sanctity of one’s home
must be held inviolable and stands as the basis of security in the
raising of one’s family. With an increase in the RSS Share download
given at the time of closing, the continuous download of substantial
un-interrupted income provides the financial security that each
family needs and deserves, to stay in their family home. The Real
Estate RSS Share increase is not dependent on job-related income
nor influenced by ill-health or accident problems. Individual
participation in the RSS share program by both parents means they
can each have their own additional Share-income that is not
dependent on the other spouse, thus eliminating co-dependency.
The individual Share payout can grow by participating in the RSS
Bonus program. See document #1 for details of the RSS Share
The National Real Estate Listing Service
The home market in the US has been estimated by Forbes to be
$31.8 Trillion Dollars at today’s prices. The NRELS is an organized
procedure to buy residential properties and condominiums at retail,
and re-sell them at wholesale to the public for 20% less. There are
major benefits given to those who participate in this program to
purchase a home or condominium.
Real Estate purchasing parameters
All residential and individual condominium properties that come on
the market are eligible to participate in the Listing Service if a clean
and a clear title is available. Zim Benefactors would contract with Real
Estate Brokers to act as their buying agents with the procedures and
commission structure as outlined below.
1) Established Price. The offer-to-purchase-price would be
established by a licensed Real Estate Appraiser using standard
Appraising practices. The purchase price plus improvements is
considered the retail value of the property.
2) Offers to purchase. Offers to purchase need to go through a
licensed Real Estate agent associated with a Contracted Broker.
A Contracted Broker is one who has signed an agreement with
the Benefactor as an agent. Upon the purchase of the property, all brokerage fees would be paid by the original owner in cash at the closing. Listing agreements for non-listed homes is open for negotiations as per broker’s competition when a property becomes available for sale and listing.
3) Closing Parameters. The closing and conveyance of title
would be completed by a licensed Title Company according to
the standard practices and procedures with title searches, Title
Insurance and Escrow brokerage accounts being used for the
4) Referrals for new Broker Contracts. Under the control of the
Benefactor a contracted Broker who refers a new licensed Real
Estate Broker, that contracts with Benefactor will receive a 3-
cent per minute increased download as a referral bonus, this to
be added to their existing RSS Share per minute download.
5) Commissions and Brokerage fees would be paid as per
listing agreements if the property is listed by a licensed Real
Estate Broker or their salespersons.
6) Re-finances. Homeowners seeking to refinance their existing
home would find an NRELS broker to do the work of the
refinance. The brokerage would receive the selling commission
paid by the owner to do the closing. The Broker would also
oversee the renovations that are necessary to bring the
property to the higher living standards as outlined below. The
costs of improvements would be added to the cost of the home
for the total amount of the Real Estate loan. At the time when
we have established Financial Service Centers, we see this
service available to oversee Re-finances.
The Purchase Price
The Purchase price plus improvements, if any establishes the re-sale
price less 20%. This gives the new buyer an immediate 20% equity
going into the transaction. Improvements include any upgrades and
remodeling expenditures needed to bring the home up to the finest
of standards and will be added to the resale price. Local licensed
contractors could be used for improvements. Each home to be
upgraded with new appliances, floorings, new paint, light fixtures,
and security services if wanted or needed. This helps the local
economy, which is part and parcel to the program. All liens, taxes
and/or Mortgages will be paid at closing to ensure a clean, clear title.
The closing company will come up with the final amount to be put
into escrow for the closing. Authorized agents of the Benefactor
would then transfer the funds to the escrow account. When the Title
is recorded the Benefactor would be the lienholder of the property.
Once the property is closed and the improvements completed, the
property would then be listed in the computer data bank of available
properties for that area or market. The Benefactor, as the
purchasing entity, would establish their own Brokers to act as their
authorized agents and do the offers and the closings. The more
brokers, the more real estate can be purchased. Each Benefactor has
the ultimate decision for the financial level at which they feel
comfortable for their participation. The benefit for the Benefactor is
the unlimited amount of funds they could put into a major project of
extreme value to families.
The Buying Agents used to purchase the home, should be the listing
agents for the re-sale. This gives continuity for showing the
home by one who is familiar with the property.
The brokerage: The commissions for the sale of a property
through NERLS would come in the form of increased per minute
download for Shareholder’s existing Share. The Brokerage who
brought the property to NERLS would be the listing Broker for resell
of that property. A Broker could be the Selling Broker for his/her
own listed properties as well as any other properties found for new
buyers. A potential new Brokerage would sign a contract with the
approval of the Benefactor in the NRELS. The new broker would
agree to the commission structure for the broker and his/her
salespersons. Upon signing the contract, the new broker and his/her
salespeople would receive an initial RSS Share with a 10cent
download per minute. The Benefactor involved will pay the listing
broker, and the sales agent, a minimum of 5 cents each for each
sale, added to their Share download. Same for the selling broker,
and the selling agent. Beyond the minimum 5 cents, properties sold
for more than $250,000 will be paid one cent for each $50,000
increment over $250,000. Example: $249,000 would be 5 cents;
$251,000 would be 6 cents; $500,000 would be 10 cents. At 10 cents
this would permanently add approx. $1,000 per week onto the
existing RSS Share. A good broker with a good sales team, should
close 5 to 7 properties per week. Keep in mind that brokers receive
cash commissions on purchase of properties coming into the NRELS
from the homeowners. Resale commissions are paid by increasing
the RSS Share per minute download which is permanent.
Note: The Benefactor would be responsible for the RSS Share
payments as the Master User ID# for the activities of those
Shareholders in the Benefactors chain of Shareholders.
Participation in the NRELS adds to the chain of Shareholders
the Benefactor is responsible to fund.
The NRELS sale:
All properties offered for sale through NRELS, will
follow these guidelines.
a) The buying entity may only purchase one home from NERLS
every 5 years, other conditions apply.
b) Properties will be sold at “wholesale” or 20% less than the
established purchase price, which will include the cost of new upgrades. This gives a 20% immediate equity upon closing the
property. Contracted Brokers will have Benefactor funds set aside to
remodel and upgrade properties brought into the listing
service. The up-grade Broker account will be set up with the
accounting firm who will issue reports and account for the
funds used with receipts. This report will go to the Benefactor
to maintain control over their funds.
c) The term of the Real Estate loan may be up to 15 years.
d) Each new NRELS buyer shall receive an equivalent increase in
their per minute Share download to cover the loan payment. If
the buyer is not already a Shareholder, they will receive a new
RSS Share and become a Shareholder. (The referring Real
Estate Agent receives the referral bonus credit.)
e) Auto-pay payments will be set up from the Buyer’s RSS
account and paid into the Benefactor’s Master RSS account.
(This avoids foreclosures)
f) A buyer may only purchase one property within a five-year
period. That buyer/owner may resale the property back to the
NRELS at the same purchase price as the buyer/owner
purchased the home originally. Unused Escrowed funds to be
returned to the homeowner.
g) If the Real Estate loan is paid off and the 5-year waiting period
has expired the owner is free to purchase a new home at the
same terms as the original home purchase. Once a Share per
minute increase is activated, it will not diminish when the Real
Estate loan is paid off, but will continue indefinitely.
h) The Real Estate Loan interest rate will be 2%. These funds will
be escrowed and used for Real Estate Taxes and home
improvement needs for and by the owner.
i) If the home is sold and the Real Estate Loan is paid off, the
funds will be returned to the owner as equity in the property.
j) A down payment of at least 5% is required.
k) An RSS Shareholder may only use one of his/her six allocated
Trusts to purchase a home.
l) A one-time Re-Finance of a home is permissible. Owners of a
home may secure a Real Estate Loan from a contracted
Benefactor as if they were a new buyer. This would include a
new RSS share or equivalent download. Any upgrading
needed, including remodeling of kitchen, flooring, paint, a new
security system and new appliances would be covered by the
loan. Underlying mortgages and liens would be paid off by loan
proceeds at the time of closing of the loan.
Note: This program is work in progress. This document, as is,
reflects our thinking/planning at this moment in time and is
subject to change to make it better for consumers. Real Estate
speculators are not welcomed. The NRELS is for those
purchasing a home or Condominium to live in.