MLS Listing By Owner Vs. Realtor Listing: What’s The Difference?
Selling your Minnesota home is already a difficult decision in itself, but it does not stop there. The next critical choice you may face is deciding how to list your property. After all, no matter how beautiful your home is, buyers won’t find it unless you’re on the right platforms. And in today’s real estate market, that means one thing: the Multiple Listing Service (MLS).
As a homeowner, you generally have two ways to access the MLS. One is through an MLS listing by owner, formally called For Sale By Owner or FSBO listing, which is done for you by a flat fee broker. The other is through a Realtor Full-Service MLS listing, which follows the traditional commission structure of paying a licensed realtor to list the property, negotiate offers, and manage the entire transaction, from staging advice to final paperwork.
You need to carefully consider the cost, control, and your comfort through the selling process when deciding which path is right for you.
What is an MLS listing by owner?
The MLS listing by owner service enables you to market your home independently as an FSBO while maintaining complete MLS market exposure. But since only licensed brokers can list directly on the MLS, you cannot do this by yourself — you need a flat fee broker to do this for you. The local MLS system will only accept seller data, photos, and showing instructions from your licensed flat-fee broker, who then becomes legally responsible for ensuring the listing meets MLS standards and complies with local real estate laws.
Your property receives identical substantial exposure through standard listing services after you complete the listing process. The property details will then become visible on thousands of agent websites and distributed to national portals, including Zillow, Realtor.com, and Trulia.
Flat fee service details
Flat fee MLS listing by owner services exist to help you take control of the process. It provides homeowners with direct MLS access without needing them to become fully represented or pay any percentage-based listing fees.
At Real Estate Corners, we offer a robust FSBO package. Our service starts at $399, which is a one-time fee to get the property listed. The fee covers the MLS listing service and distribution to major national real estate websites, as well as support from local brokers who understand the process.
Advantages of MLS listing by owner
The primary reason homeowners choose the FSBO flat fee route is cost savings. By eliminating the listing agent’s commission (which can be 2.5% to 3% of the sale price), you can save thousands or even tens of thousands of dollars. What’s more:
- You retain complete control over the listing price, description, photos, showing schedule, and negotiation strategy.
- You speak directly with potential buyers (if they are unrepresented) or the buyer’s agent, streamlining communication.
- Your property still gets the essential exposure needed to sell, reaching the agent community that drives the majority of sales.
If you choose this option, then you must be organized, responsive, comfortable with negotiation, and knowledgeable about local and state real estate regulations.
What is a realtor’s full-service MLS listing?
A Realtor Full-Service MLS Listing is the traditional method of selling a home. You need to hire a licensed real estate agent who will serve as the listing agent through their brokerage. The agent handles every step of the home-selling procedure, which begins at the initial stage and continues until the final closing.
Services provided by realtors
A full-service realtor provides a complete range of professional services to their clients:
- Market analysis and determining the optimal listing price based on comparable sales.
- Professional marketing, including professional photography, drone footage, virtual tours, and staging recommendations, as well as marketing material production
- MLS and syndication for all online distribution activities
- Fielding inquiries and setting up showings, as well as leading open house events
- Representing you during all negotiations about price and contract terms
- Escrow management, disclosure fulfillment, inspection and repair handling, appraisal assessment, and legal closing compliance
Advantages of realtor listings
The cost of hiring a full-service realtor proves worthwhile for many sellers because of the value they receive.
- The entire process becomes the responsibility of realtors while you conserve your time and avoid the inevitable mistakes (and all the stress) of selling your home all on your own.
- Experienced agents who negotiate professionally also often achieve the highest sale price, leading to better terms that compensate for their commission fees.
- These real estate professionals have access to established vendor networks, which include attorneys, inspectors, handymen, and a list of potential buyers that FSBO sellers cannot access.
- What’s more, realtors handle all essential legal documentation and disclosure requirements to prevent any future legal disputes after the sale.
Which is right for you?
The choice between MLS Listing By Owner and Full-Service Realtor Listing depends on how much risk you are willing to take versus the potential benefits you expect.
| Feature | MLS Listing By Owner (Flat Fee) | Realtor Full-Service Listing |
| Primary Advantage | Maximum cost savings (eliminates listing commission) | Maximum convenience, expertise, and time savings. |
| Cost Structure | Low, fixed, upfront fee plus buyer agent commission | High, percentage-based commission at closing |
| Seller Involvement | High (must handle all showings, negotiations, and paperwork) | Low (agent handles all logistics) |
| Best For | Budget-conscious, confident sellers in straightforward sales | Time-poor sellers, complex properties, or first-time sellers |
Before listing, you should evaluate your budget, your personal comfort level with negotiation and paperwork, and the time you are willing to dedicate to the sale.
If you want to boost your earnings while independently managing your property sale in Minnesota, then you should reach out to reliable flat fee MLS providers. Call Real Estate Corners at (612) 483-1230 to get started.
Why Thanksgiving Is the Perfect Time to Explore Houses For Sale By Owner
The FSBO market in Minnesota is often full of great deals for home shoppers who want to look at houses for sale by owner during Thanksgiving, as well as for sellers who want to sell their homes before the end of the year. During this time, there are fewer distractions — there’s less competition on both sides and transactions often move so much faster.
Serious buyers don’t take the season off
People mistakenly believe that home purchases stop during the holiday season. The shopping crowd might find this statement to be true, but real home buyers continue their search for houses for sale by owner even during the Thanksgiving rush.
People who buy homes during late fall have genuine reasons to make quick decisions. They might be moving because they have secured a new job that will begin in January. Also, people choose to purchase homes before the year ends because they want to save on taxes and secure their financing. Some people also choose to move during the winter season because they need to establish their new home before the cold months begin.
Buyers in this group actively search through houses for sale by owner while scheduling property tours and submitting purchase proposals. The FSBO market becomes a hot spot for sellers who want to sell quickly because it attracts people who are already serious about buying right away.
Less inventory means more visibility for houses for sale by owner
It’s true that inventory levels experience a decline during the holiday season. Many homeowners decide to postpone their home sales until spring because they believe that the warmer months will bring the highest buyer interest. But this seasonal slowdown can actually create an opportunity, especially for houses for sale by owner.
That momentary housing shortage allows your FSBO listing to stand out because it faces no direct competition from multiple new listings. Your listing gains extra exposure because it appears to both buyers who search online and real estate agents who need home options for their clients.
In fact, houses for sale by owner listed around Thanksgiving often spend less time on the market than their spring or summer counterparts, not because demand is higher, but because competition is lower.
When you list with a flat fee MLS service like Real Estate Corners, your home appears alongside agent listings on all the major sites: Zillow, Realtor.com, Redfin, and shows up in search results just like any other property.
Sellers are often more open to negotiation before year-end
People who buy homes during Thanksgiving week will discover that sellers tend to be more open to negotiations because they want to finish their transactions before year-end.
Many FSBO sellers have actually already bought a new home to move into, and they want to avoid keeping two mortgages during the winter season. They’re eager to offload the property so as not to incur additional holding costs.
Selling your home during this time? Buyers who are motivated to purchase will probably agree to pay your listed price and complete the sale quickly if your home offers good value and presents well during the season. Many of these buyers want to lock in their mortgage rate before year-end changes, or are relocating for jobs and need to move in quickly.
Holiday schedules allow for flexible showings
Did you know that the Thanksgiving weekend is a surprisingly good opportunity for homebuyers to explore properties, which include houses for sale by owner? Serious buyers use their extra days off from work to look at homes instead of spending the long weekend solely on travel or shopping.
And for FSBO sellers, the holiday break gives them extra time to coordinate showings personally. They can handle last-minute appointments even when full-service agents take time off during holidays.
Real Estate Corners supports FSBO even during the holidays
Listing houses for sale by owner in November or December might sound daunting, but it can be surprisingly simple here at Real Estate Corners!
Our flat fee packages (starting at just $399) include everything you need to reach serious buyers, fast. This professional MLS listing service provides automatic distribution to major websites, including Zillow and Realtor.com. You get the freedom to manage your own showings, offers, and timeline on your terms, extending your listing duration if you need to.
Do you need additional marketing support, from physical materials like yard signs and color brochures, all the way to social media posts and email blasts to real estate agents in Minnesota? We can do those for you, too!
The service provides a free trial period with no additional fees to start using the platform. You can cancel your subscription at any time while maintaining full control over the cancellation process.
Real Estate Corners functions as a primary resource for buyers who want to find owner-listed properties that conventional real estate agents do not present in their listings.
Ready to explore FSBO listings this fall?
At Real Estate Corners, we make it easy for Minnesota homeowners to list smart, and for buyers to find quality houses for sale by owner without the noise. Our team provides complete support to buyers and sellers who want to confidently navigate the FSBO process before winter arrives.
Contact us today at (612) 483-1230 to help you get started, or explore our current listings to find your next home, before the year wraps up!
Homes for Sale by Owner MN: How to Compare Property Specs for the Best Deal
Not long ago, selling a home almost always meant hiring a real estate agent. But today, homeowners in Minnesota can list their property as for sale by owner (FSBO) to avoid paying the typical 6% commission charged by listing brokers. Another option is using a flat-fee MLS service, which allows sellers to manage some parts of the process while leaving marketing and exposure to licensed agents.
Through the Broker Reciprocity system, homes listed as for sale by owner in MN appear across hundreds of public websites that display by-owner MLS listings, including major sites like Realtor.com. They also gain visibility on platforms such as MLS Online Minnesota, which helps sellers reach a wider pool of potential buyers.
For buyers, the MLS makes it easier to find homes for sale by owner in MN. The Multiple Listing Service remains one of the most effective tools for finding and selling homes, and it continues to simplify the search for both sellers and buyers. As licensed agents, we can access the latest MLS listings in Minnesota and guide you through the options.
Why buy an FSBO home?
We make it simple to explore homes for sale by owner in MN here at Real Estate Corners. On top of that, our home buyer service includes attractive rebates that make the process even more rewarding. Whether you’re purchasing a new property, selling your current one, or doing both, we can represent you as a buyer and help you save money along the way.
You’ve found your dream home
If you’ve already located the property you want and choose us to represent you as the buyer, you’ll receive a cash rebate equal to 1% of the selling price, up to $4,000, once the closing is complete (with some restrictions).
You’re selling your home and want to buy another one
If you list your property with us and also use our services to purchase your next home, we’ll represent you as the buyer and provide a cash rebate of 0.5% of the selling price, up to $4,000, after closing (with some restrictions).
Quick look: What to check before buying an FSBO home in MN
| Check | Why it matters |
| Seller situation | Motivated sellers may accept faster closings or lower offers. |
| Property access | Some FSBO homes aren’t on MLS — harder to find or tour. |
| Price comparison | Compare with recent sales to judge if it’s fairly priced. |
| Home inspection | Avoid hidden issues like wiring or structural damage. |
| Closing costs | Know all fees upfront to avoid surprises. |
| Agent commission | Ask if the seller will cover it — many still do. |
| CLUE report/disclosures | See past insurance claims and get a clearer property history. |
How do you know that you’ve found the right FSBO home?
When browsing homes for sale by owner in MN, don’t rely only on what you see in the listing. The smartest way to find the best deal is to compare property specs and evaluate sellers. Here’s what to look for and compare when evaluating FSBO homes:
Compare sellers
When you buy an FSBO home, you have direct access to the seller. You can use this connection to guide your negotiations. For example, you may be able to secure a lower price by offering to close faster if the seller already purchased another property and needs a quick sale.
Assess the property’s condition and real value
Some FSBO homes are difficult to locate or view because they aren’t listed on the MLS. Working with an agent can help, since they may arrange showings through their contacts or by reaching out to the seller on your behalf.
Once you tour the property, ask questions about the home and the neighborhood. Also, compare it to similar recent sales in the area to see if the asking price is realistic.
Consider a home inspection
A home inspection isn’t required by law, but skipping it is risky — especially with homes for sale by owner in MN. Even well-intentioned sellers might not know about hidden issues like faulty wiring or foundation cracks. A licensed inspector will carefully examine the home’s major systems and give you a detailed report. If major issues come up, you’ll have the option to renegotiate or move on.
Know the closing costs
Before committing, ask about the closing costs tied to each FSBO property you’re considering. Knowing these expenses upfront helps you compare homes for sale by owner in MN more accurately and identify which option is truly the most affordable.
Will the seller take care of the buyer’s agent commission?
Find out early if the seller is willing to cover the buyer’s agent commission when looking at homes for sale by owner in MN. Many are willing to do this if it makes their properties more appealing, but some don’t want to.
Because of the 2024 NAR lawsuit settlement, buyers must now sign an agreement with their agent that clearly outlines the commission before services are provided. Many sellers may still cover this cost, but you can negotiate directly with your agent if they don’t. That way, you know their fee will be paid. You can also use this information when making an offer on the property.
Get a CLUE report or disclosures
Seller disclosures reveal known problems or defects in the home, making them important when buying an FSBO home. Many sellers are honest about issues in their home, but some may unintentionally leave out details or provide incomplete information without an agent’s guidance. Requesting a Comprehensive Loss Underwriting Exchange (CLUE) report can give you extra assurance.
This report comes from an insurance database that records past claims filed on the property, giving you a clearer picture of its history. Keep in mind, only the current homeowner can request it.
Get experts on your side
Buying a home is one of the biggest financial commitments you’ll make, so having the right professionals on your team matters. Inspectors and attorneys, even loan officers, all have a role in protecting your interests when it comes to buying homes for sale by owner in MN.
And don’t overlook the value of flat-fee real estate agents like us. With our home buyer program, you can focus less on the stress of comparing homes for sale by owner in MN and more on finding the property that fits your needs — knowing you have support every step of the way.
We can help compare property specs
It’s easier to compare homes for sale by owner in MN when you have Real Estate Corners by your side. Our agents take the time to understand your needs and help you identify properties that truly fit your lifestyle and budget. Besides helping you find the right home, we’ll also advocate for you during negotiations and make sure that all the paperwork and disclosures are handled correctly.
Call us today at (612) 483-1230 and take the first step toward finding the best deal on your next home.
Seasonal Shifts: How Minnesota’s Weather Impacts MLS Listings and Home Prices
Did you know that since 1999, the National Association of Realtors has tracked seasonal trends in housing to see how market activity rises and falls with the seasons? These insights can give both buyers and sellers a clearer idea of how timing can affect MLS listings in Minnesota.
Why seasons matter in real estate
Seasonality is one of the most consistent patterns in real estate. The number of sales and the direction of prices, change throughout the year, often influenced by the weather and holidays, even school schedules and uncontrollable forces in the market. Understanding these seasonal cycles helps buyers avoid overpaying and allows sellers to list when demand is highest. If you’re working with MLS listings in Minnesota, timing your move around peak months can raise your chances of a faster sale or a better deal.
Quick look: How seasons affect MLS listings in Minnesota
| Season | Market activity | Buyer/seller tip |
| Spring | Listings increase, demand surges, bidding wars common. | Sellers can price higher. Buyers should act fast and expect competition. |
| Summer | Peak season. Most sales close. Prices stay high. | Ideal for families. July = busiest moving month. |
| Fall | Listings drop. Fewer buyers, but less pressure. | Good time for buyers to negotiate. Sellers may need to offer incentives. |
| Winter | Lowest activity. Prices dip. Fewer listings and buyers. | Buyers face less competition. Sellers deal with only serious, motivated buyers. |
Peak season starts in the spring
From March through May, the housing market in Minnesota gains momentum. Longer days and warmer weather make home tours more convenient, drawing more buyers into the market. Families often aim to buy during this period so they can plan their move during the summer break. As a result, MLS listings in Minnesota increase, leading to more competition between buyers. Home prices typically go up, too.
The busiest season
The pace of activity often carries into summer, with many sales closing between June and August. Demand remains strong, keeping prices elevated. By late summer, however, activity starts to ease as buyers settle into their new homes before the school year begins.
NAR data shows this cycle repeats year after year — MLS listings in Minnesota and prices peak in July, along with sales, and hit their lowest point in January. Since the housing recovery after the 2008 downturn, prices have generally trended upward, but the seasonal highs and lows remain consistent.
In the Midwest, summer is the most active time for buyers because moving in winter is far less appealing. On average, winter sales reach only about 60% of the volume seen during peak months. The school calendar also plays a big role — families prefer to wait until summer to avoid disrupting the school year. According to MovingLabour, July 31 is the single busiest moving day of the year, with most moves happening between May and September.
After the summer rush
As the busy season winds down, fall brings a noticeable shift to the housing market. MLS listings in Minnesota drop, but there are still serious home buyers at this point. In this case, sellers who list in the fall may need to adjust pricing or offer incentives as cooler weather and the holiday season make house hunting less of a priority for many families.
Market activity slows further as temperatures fall. From December through February, daily sales average just 11,380 — over 5,000 fewer than in the peak months. This seasonal dip also affects pricing. Homes sold in June are typically about 16% more expensive than those sold in the winter. On top of that, median days on market stretch from 31 days in June to 49 days in winter, giving buyers more breathing room to weigh their options.
Fall can be an especially favorable time to buy a home from MLS listings in Minnesota. Homes sold during these months tend to be around 5% less expensive than summer listings, without the deeper slowdown that winter brings. With fewer families willing to move mid-school year and the holidays diverting attention, motivated buyers often find better deals.
External factors like interest rates and overall economic conditions can magnify or soften these trends, but on average, home values swing by as much as 10% throughout the year. Timing, therefore, becomes an important part of a buyer’s or seller’s strategy.
The slowest season
Winter is typically the quietest stretch of the year for real estate in Minnesota. Harsh weather and shorter daylight hours, as well as holiday obligations, mean fewer buyers and sellers are active. That said, there are still highly motivated individuals who create unique opportunities during this season. For buyers, this might mean negotiating a lower price or having more choice without competing offers. Sellers just have to work with committed buyers who are very eager to close.
Seasonality and home sales in Minnesota
The timing of MLS listings in Minnesota can have a major effect on how quickly homes sell and at what price. Listing during peak months may bring more buyers and higher offers, while listing in slower months could mean your home stays on the market longer. Recognizing these patterns gives both buyers and sellers a clearer path to achieving their goals in Minnesota’s ever-changing real estate landscape.
FOMO may push more buyers to buy ASAP
Spring and summer bring more MLS listings in Minnesota, and these seasons also motivate buyers to buy as soon as possible. In addition to the competitive market, longer days and lax family schedules often spark bidding wars, driving prices higher. Homes sold in May, for example, average a 13.1% premium above market value. Much of this activity is fueled by the psychological pull of Fear of Missing Out (FOMO). In fact, surveys show that as many as 70% of buyers admit their final decision is influenced by emotions rather than purely logic.
Better negotiation in winter
Come winter, the market slows down with fewer buyers looking into MLS listings in Minnesota. As such, sellers are more open to negotiation. When absorption rates fall below 15%, price reductions and flexible terms become more common. The slower pace means fewer bidding wars, giving buyers a chance to carefully evaluate homes and negotiate for repairs, even request concessions. Compared to the premiums of spring and summer, winter can be a window of opportunity for buyers to secure better deals.
Navigate seasonal shifts with confidence
Whether you’re buying or selling, timing plays a critical role in Minnesota’s housing market. At Real Estate Corners, we make it easier to move forward no matter the season. For FSBO sellers, our flat-fee MLS listing service starts at just $399. Buyers can take advantage of our home buying service and earn up to $4,000 in rebates.
Ready to get started? Call us today at (612) 483-1230 to explore MLS listings in Minnesota and make your next move with confidence.
Looking For A Low-Cost Real Estate Agent? We Are Here!
Buying or selling a home can feel overwhelming especially when you’re trying to not overspend on agent commissions. We understand, and like you, we believe that professional help shouldn’t come at a premium. That’s why here at Real Estate Corners, we have a low-cost real estate agent who takes the pressure off your shoulders without taking a big cut from your budget.
Why consider a low-cost real estate agent?
Some sellers and buyers hesitate to hire an agent, thinking the cost will outweigh the benefits. But going it alone can actually be much more expensive. It’s more prudent to hire a low-cost real estate agent to get the support you need at a fraction of the price.
Unlike traditional agents who charge full commission, a low-cost agent works on a reduced fee, either through a flat rate or a lower percentage. You still get essential services like buyer or seller representation and marketing, but you avoid the high commissions.
Real Estate Corners makes it affordable to sell a home
Our team at Real Estate Corners is proud to offer low-cost real estate services throughout Minnesota. Whether you want help listing your home on the MLS or need support buying a property, we’ll guide you through the process with professional insight and a focus on value.
We don’t charge standard commission rates. Instead, we offer flexible pricing options tailored to your goals. Want to sell your home with a flat fee listing? Interested in keeping full control with an FSBO approach but still want expert backup? Our low-cost real estate agent has you covered.
Flat-fee services for FSBO sellers
If you’re selling your home as a for-sale-by-owner (FSBO), we offer an MLS listing package starting at $399. This includes:
- A 6-month listing on the MLS
- Up to 24 photos
- Online forms and e-signatures for a smooth setup
- Exposure on major real estate sites like Realtor.com and Trulia
You keep full control of the sale, but still benefit from our licensed guidance and support.
Need more hands-on help? Our optional facilitation service is available for just 0.5% of the sale price (capped at $2,000). This service ensures your transaction stays on track, with a licensed low-cost real estate agent handling negotiations and making sure that the deal makes it to closing.
And since everything is done online, we’re able to help clients well beyond the Twin Cities metro area.
What’s in our FSBO package?
Our low-cost real estate agent takes the hassle out of listing your property. With our flat-fee FSBO package, your home is featured on the MLS for 6 months, along with up to 24 high-quality photos. We streamline the process using online data forms and e-signatures!
- No hidden fees
- Ongoing broker support throughout your sale
- Free unlimited edits and updates to your MLS listing
- Exposure on Realtor.com, Zillow, Trulia, and hundreds of top national real estate sites
- Buyer phone and email inquiries are forwarded directly to you
- Online scheduling and feedback for home showings
- Required Minnesota state disclosures included
- A complete listing with full details here on RealEstateCorners.com
- Cancel anytime without extra fees
Why we use the MLS to sell homes
The Multiple Listing Service (MLS) remains one of the most effective tools for selling homes across the country, so it’s no surprise that even a low-cost real estate agent uses it. It’s where nearly every Realtor looks when helping buyers search for homes in your area — and if your property isn’t listed there, most buyers won’t even know it’s available.
At Real Estate Corners, we’re licensed real estate brokers who understand how to get your FSBO listing onto the local MLS and in front of serious buyers. If your property isn’t part of the MLS, you’re missing a critical opportunity to attract attention and generate offers.
Listing your home on the MLS is the fastest and most reliable way to sell your property as a for-sale-by-owner. You get the same professional listing exposure as sellers who pay a 6% commission, but with the added benefit of significant savings through our flat-fee structure.
Reach more buyers with MLS property syndication
Thanks to MLS property syndication supported by MLS Online Minnesota, your listing spreads to hundreds of popular real estate websites, including Realtor.com and Redfin.com.
This level of visibility is far more powerful than simply posting on a single platform like Craigslist or Zillow. With a professional MLS listing, your property gains far more traction and credibility with buyers.
Prefer full-service? We’ve got that too
If you’d rather leave everything to a licensed professional, we offer a full-service package at a flat rate that can help you save thousands compared to traditional agent commissions.
Our full-service listing includes everything a traditional Realtor would do — from pricing and marketing to showings and closing coordination — all for just $4,600. You only pay our low-cost real estate $600 up front, and the remaining $4,000 comes from your proceeds at closing.
You don’t need to juggle the details. Let our low-cost real estate agent handle the process while you stay focused on your next move. We’ll keep you informed every step of the way and ensure your transaction moves forward smoothly.
Buying a new home? Let us help
If you’re planning to sell your current home and buy another in Minnesota, working with our low-cost real estate agent can help you save even more. We offer rebate incentives to put cash back in your pocket after closing.
- Found your new home on your own? We’ll represent you and provide a 1% rebate of the sale price (up to $4,000) when you close — some conditions apply.
- Selling and buying with us? You’ll get a 5% rebate on your purchase (up to $4,000) when we represent you for both transactions.
Let’s sell your home!
Whether you choose our FSBO listing package or go with full-service support, you’ll get the exposure, guidance, and tools needed to sell your home successfully — without paying excessive commission fees.
Call us at (612) 483-1230 today so our low-cost real estate agent can help you right away.
Sell Your Home Your Way: Minneapolis For Sale By Owner
Selling your home without a real estate agent (also known as for sale by owner or FSBO) can help you avoid the average 3.12% listing agent fee in Minnesota. When done right, FSBO could save you more money than going through a traditional agent. We simplify the Minneapolis for sale by owner process here at Real Estate Corners to help you sell your home at the best possible price. But before we explain how we support sellers, let’s take a closer look at how FSBO works and why it might be the right fit for you.
What is FSBO?
When selling your house, you can either handle the sale yourself or work with a real estate agent. Selling on your own — called FSBO — makes up a small portion of the market, with just 6% of sales in 2024, according to the National Association of Realtors® (NAR).
Why do some home sellers in Minneapolis choose for sale by owner? A common reason is to avoid paying commission to a listing agent. Traditionally, the commission on a home sale ranged from 3% to 6% of the sale price. Before the NAR settlement changes in August 2024, the seller typically paid both the listing agent and the buyer’s agent, who would split the total commission.
Under the new rules, buyers are now expected to cover their agent’s fees. However, many sellers still offer to pay the buyer’s agent commission as an incentive to attract more interest. If you decide to go FSBO, you may still choose to pay the buyer’s agent a 3% fee to make your property more appealing.
Is FSBO right for you?
Selling your Minneapolis home as for sale by owner gives you control, but it also comes with added responsibilities. Without an agent, you’ll manage every part of the process — from pricing and marketing to negotiations and closing paperwork. For homeowners without real estate experience, this can feel like a lot to take on.
Still, many sellers find that the potential savings make it worthwhile. By avoiding the listing agent’s fee, you could hold on to more of your home’s value when you sell it yourself in Minneapolis.
The benefits of FSBO
Although FSBO sales are not that common, there are solid reasons why some homesellers choose this approach. Let’s explore the advantages of selling your Minneapolis home as a for-sale-by-owner.
More control over the home sale
FSBO gives you full control of the entire house-selling process. If you already have a clear plan for pricing and marketing, this route gives you the flexibility to run the sale on your terms.
That said, taking full control means taking on more responsibility. You’ll need to handle everything — from setting a competitive listing price and hiring a professional photographer to securing access to the Multiple Listing Service (MLS). If you’re new to real estate, there’s a learning curve, but some sellers find the effort worthwhile, especially with our help.
Avoid paying the listing agent commission
One of the biggest reasons Minneapolis homeowners choose the for-sale-by-owner route is to save on the listing agent’s commission. For example, if your home sells for $300,000 and the agent’s fee is 3%, that’s $9,000 taken out of your earnings.
And while agents typically split that fee with their brokerage, the cost still comes out of your pocket as the seller. FSBO can be especially practical if you already have a buyer lined up — like a family member or friend — making an agent’s services less necessary.
What to keep in mind before going FSBO
While FSBO can save money and give you more control, it also comes with a few challenges:
- Pricing your home correctly is crucial. A poor pricing strategy can delay your sale or attract the wrong buyers.
- You’ll need to handle every step — from showings to paperwork — which can take significant time.
- Negotiating offers without guidance can be tough if you’re unfamiliar with the process.
- Marketing your home effectively requires effort and planning.
How a flat-fee real estate firm can simplify FSBO
Selling your home on your own doesn’t mean you have to do everything alone. A flat-fee real estate service like ours helps take the pressure off while still keeping costs low. At Real Estate Corners, we offer a Minneapolis For Sale By Owner package starting at just $399. This gets your property listed on the local Multiple Listing Service (MLS), where it can be seen by thousands of motivated buyers.
Our FSBO package includes a 6-month MLS listing, with an option to extend to 12 months for an additional fee. We make the process easy by handling the technical steps — like uploading up to 24 photos and providing online forms for data input and e-signatures. Once your home is listed, it also appears on popular real estate platforms like Realtor.com and Trulia.
Here’s what else you get with our Minneapolis for sale by owner package:
- No hidden fees
- Required Minnesota disclosure forms included
- A complete ad and listing on our website
- Broker listing support from start to finish
- No cancellation fees—you can cancel anytime
- We forward all buyer phone and email inquiries directly to you
Sell your home at a lower cost without cutting corners
Our flat-fee real estate agents are here to help you sell your Minneapolis home as a for-sale-by-owner — and save thousands in commission. If you’re also buying a home, we can represent you as a buyer’s agent and even offer rebates of up to $4,000 after closing.
Call us at (612) 483-1230 to get started today. Let’s make your home sale easier and more affordable.
Find the Best Realtors with Low Commissions
If you’re trying to sell your home, seeing just how much of your sale price goes toward agent commissions can be a shock, especially when you start doing the math. We’re not talking pocket change. Real estate fees often add up to tens of thousands of dollars, which naturally leads to the question: Do I really have to pay that much? Can I use a low-cost real estate agent to get the same service for less?
Turns out, you can. More and more people are turning to a low cost real estate agent to help them navigate the market without draining their budget. These agents still offer the support you need — help with pricing, marketing, negotiations, and paperwork — but with more affordable commission options, like flat rates or lower percentages.
Still, finding the right agent takes more than just looking at price. You’ll want someone who knows the local market, communicates clearly, and has a solid track record. Saving money is great, but not if it comes at the expense of a smooth transaction or a strong sale.
In this blog, we’ll explore how commission structures work, what qualifies as a “low” rate, and how to find a quality agent who fits your budget and your needs.
How real estate commissions work
Agents are paid through commissions, which are their earnings for helping you complete a home sale or purchase. The standard has hovered around 6% of the final sale price for a long time, and that’s usually split between the listing agent and the buyer’s agent. This means if a home sells for $400,000, each agent might walk away with around 3% (though the exact split can vary).
If they’re working under a brokerage, a portion of their commission goes to that broker, often around 30%. Newer agents or those on teams may earn even less, sometimes just 50% of their share. On top of that, agents usually cover upfront costs like photography, listings, and advertising out of their own pocket, hoping to recoup those expenses once the home sells.
Understanding where that commission goes helps put things into perspective. It also raises the question many sellers are now asking: if an agent is earning less and you’re covering some of the heavy lifting, is it possible to find a low cost real estate agent who still delivers real value, without the full 6% fee?
What counts as a low commission?
There’s no strict rule for what makes a commission “low,” but most people consider anything under 4% to fall into that category.
On average, a listing agent earns around 2.5% to 3% of the sale price. So if the rate offered is lower than that, it’s generally seen as a low commission. The same applies to the buyer’s agent — anything under 2% would usually be considered on the lower side.
Knowing what’s considered a low commission can help sellers and buyers spot when they’re being offered a rate that’s below industry norms. Whether you’re buying or selling, it gives you a clear benchmark to compare offers and weigh the pros and cons beyond just the numbers.
Benefits of working with a low cost real estate agent
- You still get licensed, professional help at a lower price.
- They can help you price your home competitively.
- You save on commission without sacrificing guidance.
- You’ll have access to the MLS platform.
- You get support with contracts, paperwork, and negotiations.
- Great option if you don’t need extras like staging or open houses.
- More money stays in your pocket at closing.
- Many are flexible and open to customized service packages.
- Ideal for sellers in hot markets where homes move quickly.
- You don’t pay for services you won’t use or need.
What about flat-fee real estate agents?
Flat-fee agents charge a set price for their services, so you’ll pay the same amount no matter what your home sells for. That means you’ll know upfront exactly what you’re paying, and you won’t lose more money just because your home sells at a higher price.
If you feel confident managing parts of the process yourself, then this is the best option. A flat-fee agent will cover the basics: getting your home listed on the MLS, helping with paperwork, and making sure everything meets local requirements. You handle showings, staging, or direct communication with buyers.
Benefits of a flat fee service
- Skipping traditional commission rates could save you thousands.
- You know exactly what you’re paying upfront.
- You stay in control of how your home is sold.
- Your home still gets listed on the MLS like any other listing.
- You’re not rushed into accepting offers just to cover agent fees.
- You still get expert help where it matters most.
- You get to keep more of your earnings.
- No extra costs for services you don’t actually need.
- It’s perfect if you’ve sold a home before or like being hands-on.
- You avoid paying extra fees that don’t add real value.
How Real Estate Corners can help
We’ve helped countless sellers get their homes in front of the right audience while staying in control of their sale. Our flat-fee service includes the tools and support you need, similar to what you’d expect from a traditional 6% agent. The difference? You save thousands and still get the exposure your home deserves.
Give our team a call at (612) 483-1230 or fill out our quick form to learn how we can get your home on Minnesota’s FSBO MLS — professionally, affordably, and with no pressure.
Top 6 Mistakes to Avoid When Selling Your Minneapolis Home by Owner
Selling your home without an agent lets you save on commission. But going the Minneapolis for sale by owner route also comes with challenges that can cost time, money, and missed opportunities if you’re not prepared. From pricing mistakes to marketing missteps, many homeowners underestimate what it takes to manage a smooth and successful sale on their own. In this post, we’re breaking down six common mistakes to avoid.
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Letting emotions drive your decisions
It’s completely normal to feel attached to the very place where you’ve built memories and milestones. But emotions can get in the way when you’re selling your property, and especially in a Minneapolis for sale by owner arrangement. You might feel offended by low offers or overly confident in your asking price because of sentimental value, not market realities.
To avoid costly mistakes, try to view your home as a product and not a personal space. Step back and consider what buyers will see: Is the price competitive for your neighborhood? Are there any small, affordable updates that could help your home stand out to buyers? Having this practical mindset can help you stay focused and make decisions that support a successful sale.
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Not being honest about major issues
When you’re selling your home on your own, it’s tempting to downplay or hide bigger problems — like a leaky roof, cracked walls, or aging plumbing — to avoid scaring off buyers. But skipping full disclosure can lead to serious consequences, including legal trouble or a collapsed deal late in the process. Minnesota law requires home sellers to share a disclosure form that details any known problems with the property.
Even if you try to avoid the topic, most buyers will hire a home inspector and any hidden problems will likely come to light. Being upfront not only builds trust but also gives you more control over how those issues are addressed — whether that means adjusting the price, offering credits, or completing repairs. Transparency can prevent delays and protect the sale from falling apart at the last minute.
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Not thinking of insurance coverage
Even if your mortgage is paid off, having proper homeowners’ insurance is still essential, especially when selling your home on your own. Why? Because your risk increases once you start allowing strangers to tour the property. Accidents can happen during open houses or private showings, and without the right coverage, you could be held personally liable for injuries or damage.
Before listing your Minneapolis for sale by owner property, review your current insurance policy to make sure it includes adequate liability protection. It’s a simple step that can protect you financially and help you feel more confident during the sale.
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Not investing in high-quality photos
Buyers usually see your home online before anything else, so that first digital impression really counts. Would you buy a product if it doesn’t look appealing? Probably not.
If you’re selling your Minneapolis for sale by owner home, low-quality or limited listing photos can turn buyers away before they even schedule a showing. Most buyers scroll past listings with poor lighting, awkward angles, or missing room shots because they will automatically assume that your home isn’t worth their time.
Investing in high-quality photos, or even hiring a professional photographer, can make a huge difference in how your listing performs. Clear, high-quality photos bring out your home’s best qualities and attract more potential buyers.
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Skipping the prep work
Selling your home as a Minneapolis for sale by owner means you’re in charge of making that first impression count. If your home isn’t cleaned, repaired, or properly presented, buyers will notice—and they’ll likely move on. Even simple things like scuffed walls or leaky faucets can make people wonder what else hasn’t been taken care of.
Deep clean, declutter, repaint, and fix anything that could raise red flags. A quick pre-sale inspection can also help you catch small issues before they become deal breakers.
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Overlooking the power of the MLS platform
You think you’ve got it and you know it all, but skipping the MLS platform could be the one thing holding your sale back. While posting on a few public websites or social media might seem enough, the MLS is still the main platform serious buyers and agents go to find properties for sale in your area. Without it, your listing could be missing from where most of the action happens.
The good news is you don’t need to hire a traditional agent to get that kind of exposure. With a flat-fee MLS service, you can list your Minneapolis for sale by owner property where it counts.
Sell smarter with the team at Real Estate Corners
If you’re planning to sell your home without a full-service agent, we make it easy to get the exposure you need without paying high commissions! At Real Estate Corners, we offer flat-fee MLS listing packages that give Minneapolis FSBO sellers access to the same platform real estate professionals use.
Our FSBO listing services are designed for homeowners who want control over the sale but still need the right tools to succeed. We’ll handle the MLS listing for you, provide the necessary forms, and guide you through each step, while you keep more of your hard-earned equity.
Ready to get started? Call us at (612) 483-1230 to talk to a team member.
The Complete Guide to Selling Your Home ‘For Sale By Owner’ in Minnesota
Have you decided to sell your home independently? Choosing the “For Sale By Owner MN” route can be rewarding but also extremely demanding because a lot of tasks that are usually handled by a real estate agent, such as advertising, paperwork, staging, and hosting showings, will now be your responsibility.
But don’t worry. We will help you with a mini guide that simplifies the “For Sale By Owner MN” process. At Real Estate Corners, we assist FSBO homeowners in selling their property, helping them save thousands of dollars on commission fees in the process.
Analyze the market
The first thing to research is the current state of the housing market in your area. How quickly are homes selling? What prices are they going for? Many real estate websites include timestamps showing when a listing was first posted, which gives you an idea of how long the home has been on the market.
Tip: If homes near you are taking longer than 70 days to sell, consider lowering your asking price to speed things up. For a more precise valuation, think about obtaining a Comparative Market Analysis (CMA). This report outlines recent sale prices of comparable homes in your area, usually from the past 90 days, to help you set a competitive price to attract buyers.
Understand appraisals
If your buyer needs financing, their lender will require an appraisal to verify that your asking price aligns with the property’s market value. If you price your home well above the appraised value, it could lead to delays or even a potential deal falling through.
You might consider getting your own appraisal before listing the property to prevent issues. This can help confirm that your asking price reflects the market value and provide confidence during price discussions.
Tip: Be open to price adjustments, especially if your property doesn’t receive much interest or if you receive feedback from potential buyers about the price being too high.
Research local regulations
Every locality has specific requirements for property sales. If you’re navigating the “for sale by owner MN” process, make sure to look into federal, state, and local regulations to understand what’s required, including disclosures, documentation, and any necessary certifications.
This is also why having a real estate attorney or agent can be beneficial, as they are familiar with these regulations and can guide you through the process.
Tip: If the high commission rates of real estate agents are a concern, consider finding a flat fee MLS listing service.
Get your home ready
Initial impressions matter, and the curb appeal of your home greatly influences how buyers perceive your property.
Here’s a checklist of things you can do to get your home ready for sale:
- Declutter and depersonalize
- Deep clean
- Clean walkways and driveways
- Neat and healthy landscaping
- New front door mat and carpets
- Fresh paint
- Fix any repairs and leaks
- Stage furniture for the perfect presentation
Don’t forget:
- Check that all your light bulbs work and that your windows are clean.
- Make sure appliances are running smoothly.
- Look for foundation issues, leaks, or cracks and fix them.
- Test electrical and plumbing systems.
- Take care of any hazards, like a missing stair railing or uneven walkways.
- Add fresh flowers or plants for a pop of freshness and color.
Use high-quality photos
High-quality visuals are critical if you want to quickly catch potential buyers’ attention. We recommend hiring a professional photographer to take photos of your newly-organized home, as professional photos show that you have made an effort to make your home look attractive and presentable.
If you choose to take the photos yourself, make sure you use a high-resolution camera, make the most of natural lighting, and carefully stage each room to showcase your home’s best features.
Get listed on the Multiple Listing Service (MLS)
If you’re not yet familiar with the term, MLS is a database that agents use to share information about properties for sale. It’s essentially a marketplace accessible only to licensed real estate agents that they can use to find potential buyers for your home.
Tip: List your home as “For Sale by Owner MN” with us and enjoy a professional MLS listing that offers everything a 6% agent provides, plus the cost-saving benefits of FSBO—all for an affordable flat fee.
With MLS Property Syndication through MLS Online Minnesota, your listing will be featured on hundreds of websites that showcase MLS listings, including major platforms like Realtor.com, Trulia.com, Zillow.com, EdinaRealty.com, Redfin.com, and CBBurnet.com. This goes far beyond simply posting your property on a single site like Zillow or Craigslist.
How to handle showings and open houses
With MLS Online Minnesota, you have complete control over when and how your property is shown. You can schedule showings at a time that works for you, and even host open houses to attract more attention.
Tips:
- Schedule showings at a time when light is at its best (mornings before noon or mid-afternoons).
- Keep your pets out of sight (they’re cute but can be a distraction).
- Prepare handouts with details of the property.
How to handle negotiations and closing
Negotiation is part of the process, so expect some back-and-forth on price, closing costs, or move-in dates.
On closing day, the buyer’s lender will release funds, and you’ll sign the documents to finalize the transfer of ownership. Most of the logistics will be managed by the title company or attorney, but it’s critical to carefully review all the paperwork.
Need help selling your home as a For Sale by Owner listing in MN? Call us at (612) 483-1230.
Maximize Exposure: Why FSBO Sellers Should Still Use the MLS
Selling your property the FSBO way means you’ll handle the whole selling process on your own, without a real estate agent. It’s a great choice if you’re ready for the challenge and want to save on commission costs.
But of course, there are also cons that come with selling a home by yourself. Getting enough exposure to attract potential buyers is one of the biggest challenges of this path. This is where an FSBO list on MLS (Multiple Listing Service) comes in handy.
For those who are new to real estate, the MLS or Multiple Listing Service is essentially a database where real estate agents and brokers list properties for sale. Think of it like a marketplace for homes, where agents can search and find listings that fit their buyers’ criteria.
How does MLS benefit you as a seller, you might ask? Why should you use it as an FSBO seller?
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It gives your property more visibility
Since MLS is a popular platform used by real estate agents and brokers, listing your home on the database increases your property’s visibility. A lot of first-time homebuyers hire real estate agents to find their dream home on the MLS. This means that your property has more chances of getting sold as compared to listing it only on a single agent’s website or social media page.
Can you list your FSBO MN property on the MLS by yourself? Unfortunately, no. The MLS is restricted to licensed real estate agents and brokers who are members of the National Association of Realtors (NAR).
But what if you are not a fan of the commission fee that realtors charge? In that case, a flat fee MLS listing service might be an option for you. This type of service allows homeowners to list their property on MLS for a one-time flat fee, so you can avoid the 6% commission fee typically charged by realtors without compromising on the exposure and benefits of using MLS.
Without an FSBO listing service on MLS, you’re going to miss out on 90% of potential buyers who use the platform through their real estate agents to discover new listings. More exposure means you have better chances of selling your home quickly at a higher price. Using a flat fee MLS listing gives you, the homeowner, the edge to sell faster and for more money compared to other marketing options.
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It gives more credibility to your listing
We’ve seen so many horror stories about FSBO deals gone wrong. For many buyers, dealing directly with a homeowner feels risky and unprofessional. That hesitation alone can turn serious buyers away.
A flat fee MLS listing helps avoid that. When your property appears on the MLS, it signals that you’re serious and that the sale is being handled through a trusted, professional platform. Buyers feel more confident making an offer because they know the process is being managed properly.
That added credibility attracts more qualified buyers who are ready to pay a fair price. And that means a faster sale, fewer headaches, and more money in your pocket.
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It saves you a lot of time
Selling a home means juggling a variety of tasks, from advertising to coordinating showings and dealing with paperwork. The MLS simplifies all of these by acting as a central hub for your listing. Agents and buyers can view critical information about your property, like your property details, asking price, and showing instructions, all in one convenient place.
This organized approach reduces back-and-forth communication, which in turn saves you a significant amount of time. Instead of answering the same questions repeatedly, you can focus on preparing your home for showings and negotiating with potential buyers.
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It helps you reach the “right” audience
Just like how businesses need targeted marketing to reach their ideal customers, selling a home requires reaching the right audience. With online listing platforms, you can easily target specific groups of buyers by filtering through various demographics, preferences, or even locations.
For example, if your home is in a highly sought-after school district, families searching in that area are more likely to find your listing and take interest. Likewise, if your property has a large backyard or inviting outdoor space, highlighting it can attract buyers who are interested in gardening or want space to relax outside.
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It gives more data so you can price your property properly
The MLS gives you access to valuable data like recent sales, current listings, and pricing trends in your area so you can set a price that’s both realistic and competitive. It also helps you stay flexible — if market conditions change, you’ll have the data you need to adjust your price with confidence.
How Real Estate Corners Help
If you’re looking to sell your home by yourself in Minneapolis, MN, we’re here to help. With our FSBO Package, you can list your home on the local FSBO list on MLS and reach thousands of potential buyers.
Without an MLS listing, most buyers might never come across your property, and that’s something we’re sure you want to avoid. You can list your FSBO home in Minnesota with us and receive a professional MLS listing that includes everything a 6% agent offers, plus the cost-saving advantages of selling on your own for a simple flat fee.
Call us at (612) 483-1230 or fill out our form so we can talk about how we can add your property to Minnesota’s FSBO list on MLS.



