Some homeowners prefer to sell their homes themselves to save money and time. If you follow this route — known as For Sale By Owner (FSBO) — you can avoid paying the 6% agent or broker commission fees. Note that even if you choose FSBO in MN, however, it’s still important to list your property in the Multiple Listing Service (MLS).
Primarily used by realtors, the MLS is the best and biggest tool for marketing and selling real estate across America. However, it is only accessible to licensed real estate professionals. This limitation can put FSBO sellers at a disadvantage, and homes that are not listed on the MLS don’t reach an extensive pool of potential buyers. So, even if you choose FSBO in MN, consider partnering with an agent who can list your property on the MLS for an affordable flat fee. This can help you reach more buyers without giving up all the control of your FSBO sale.
Benefits of being on the MLS
Selling your FSBO home in MN is easier when it’s listed on the MLS because the MLS shows your property to more local and national real estate agents and brokers who can recommend it to their clients. Additionally, MLS listings automatically feed into several major real estate websites like CBBurnet.com, Trulia.com, Redfin.com, and Realtor.com. This vastly increases your home's online presence compared to single-platform listings on sites like Craigslist or Zillow.
Enjoy greater exposure
A significant risk for FSBO sellers in MN is that 90% of potential buyers might overlook their property if it isn't listed on the MLS. By ensuring your home appears on this platform, you substantially increase its exposure, which can lead to a quicker sale at a potentially higher price.
Worried about the cost? Don’t be. Reputable Realtors offer a flat-fee MLS listing service. At Real Estate Corners, the cost is significantly cheaper compared to the 6% commission fees from traditional agents. Let licensed real estate agents access the MLS for you and list your FSBO property in MN to save you time and money. Call (612) 483-1230 and get started today.
About the Author:
Real Estate Corners is a licensed real estate company that has been operating in Minnesota since 2001. As leaders in the flat fee real estate industry, they offer homeowners two options to sell their properties while saving them thousands of dollars in selling commissions. With over 20 years of experience selling both residential and commercial properties, their team has the knowledge, expertise, and resources to deliver exceptional results for clients of all sizes. Providing top-quality service to each client is their number one priority, and their highly skilled and experienced professionals are committed to assisting you every step of the way.
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