Is Buying MN Homes for Sale by Owner Right for You? A Detailed Analysis
When it comes to selling your house, there are essentially two options: the seller can hire a real estate agent or do everything themselves. This second option is what’s known as ‘for sale by owner’ or FSBO, which means that the homeowner is handling the sale directly. FSBO sellers do not work with traditional realtors. However, they often work with companies that offer FSBO packages to help them list their properties on the MLS. Here at Real Estate Corners, we offer such services to provide a way for homeowners to sell MN homes for sale by owner quickly and effectively.
Now, you might be wondering: Is buying an FSBO home in Minnesota a good idea? Wouldn’t it be tricky dealing directly with the seller? We’re going to dive into those questions in this blog post, exploring exactly what FSBO homes are all about and helping you decide if they’re the right fit for you.
Why home sellers go the FSBO route
You might find that MN homes for sale by owner aren’t as common as those listed through traditional real estate agents. However, this way of selling is definitely becoming more popular because it lets homeowners keep more of their money and potentially earn a larger profit from the sale.
A major reason people choose to sell MN homes for sale by owner is to avoid paying the listing agent commission — that’s the commission paid to the seller’s real estate agent, which is typically 3-6% of the sale price.
While it was common for listing and buyer’s agents to share a commission, the National Association of Realtors has implemented new rules that increase transparency and negotiation around agent compensation. These new rules specifically address how buyer’s agents are compensated. Sellers now have more flexibility in offering compensation to buyer’s agents, and these offers will be negotiated outside the MLS. In an FSBO situation, the seller avoids paying a listing agent’s commission. And while negotiating who pays the buyer’s agent’s fees has always been possible, the new rules make those negotiations more clear-cut.
Ultimately, these changes create more opportunities for buyers and sellers to save money. And that’s where we come in. At Real Estate Corners, our flat-fee MLS solution starts at just $399. For that small, fixed fee, we’ll list ‘MN homes for sale by owner’ on the local Multiple Listing Service.
More control over the home sale
Homeowners who want more control over the home selling process find the FSBO route to be appealing — because they won’t be working with an agent, they get to handle everything, from setting the price to marketing, negotiations, paperwork, and closing.
However, for some sellers who lack experience, all that work may be overwhelming. That’s why we offer a flat-fee MLS listing service that can help them in marketing a home. Our solution lists MN homes as for sale by owner on the MLS for 6 months, with up to 24 photos and unlimited changes or edits. Plus, we forward the buyer leads to the seller and provide home-showing electronic services that allow buyers like you to request showings and give feedback.
Should you buy an FSBO home?
Statistically, MN homes for sale by owner cost less than agent-listed ones. This means you could get the home you want for less. According to NAR, these properties sold for a median of $380,000 in 2023. Meanwhile, agent-assisted homes sold at a median of $435,000.
That said, it’s important to be cautious when buying an FSBO home. Remember to do the following:
Research and inspect the house
Take the time to do your due diligence to ensure that it’s the right home for your budget and needs. You want to invest in a property that won’t surprise you with major problems down the road. Arrange a title search and a home inspection to ensure that there are no hidden issues.
Hire a real estate attorney
You will be working directly with the seller, so it’s important to have a real estate attorney review the contract and other paperwork before closing. Our agent can also go over the paperwork to ensure that you don’t miss a thing.
Check agent-listed homes
Looking for MN homes for sale by owner? You’ve come to the right place. When homeowners use our FSBO package, we showcase their full listing right on our website. And to make your search easier, we can even recommend listings that are carefully selected to match your specific needs.
We have a home buyer service
We want to make buying MN homes for sale by the owner even better for you, so we offer cash rebates! Just have us represent you as your buyer’s agent, and you’ll get a rebate when the deal closes.
Found your dream FSBO home in Minnesota? Great! We’ll act as your buyer’s agent and give you a 1% rebate of the home’s selling price (up to $4,000) at closing. And if you’re also looking to sell your current home, we can help with that, too. We’ll represent you on the buying side and give you a 0.5% rebate on the new home, check our rebate page for details.
We can help you buy an FSBO home in MN
At Real Estate Corners, we take the time to understand your unique needs when buying a home. We look into various factors, from your budget to family size, community, and location, so we can identify your requirements and recommend the right MN homes for sale by owner. Additionally, we want to ensure a smooth-sailing home-buying experience in Minnesota.
Let the pros streamline your home-buying journey
Although you can buy MN homes for sale by owner without a realtor, having one can give you more edge in negotiations. At Real Estate Corners, we can help you navigate the legal paperwork and contracts for a safer and smoother transaction. If you’re interested, call us today at (612) 483-1230.
Why Partnering with a Minneapolis Real Estate Agency Will Streamline Your Property Search
Buying a home in Minneapolis? It’s not as simple as browsing online listings and connecting with the seller of the property you want to buy. The amount of legal paperwork and negotiations involved can quickly become overwhelming, and in all this chaos, you might miss opportunities to get a better deal or find the best property. This is why it’s best to ask a Minneapolis real estate agency for help.
Here at Real Estate Corners, we proudly leverage our experience, resources, and expertise to help buyers find the perfect home that meets their needs and budget. We are confident in our ability to streamline your property search and save you time.
In this blog, we’ll share how we can help your property search with our services. Discover how our expertise and experience can speed up your home-buying experience. We will also explore how we can assist in selling your current home and buying another one.
Thorough, up-to-date market knowledge
A Minneapolis real estate agency like Real Estate Corners has in-depth local market knowledge that it can use to offer valuable insights into property values and market trends. Our expertise will guide you to make informed decisions according to the current market conditions, increasing your chances of finding your dream home as soon as possible and at the right price.
In addition, we can offer insights into local amenities, schools, the community, and other factors that may impact your decision. We will also use our knowledge of market dynamics to offer tailored advice on the best time to buy a home in Minneapolis so you can get more value for your money.
Understanding your preferences and needs
When you engage us for a property search, we set a meeting to discuss your specific needs, budget, and preferences. We want to know the type of house you want to buy—whether it’s a condo, single-family home, or townhouse. Our experts will determine the features you’re looking for, like the number of bathrooms and bedrooms, size, and specific amenities, as well as your desired location. Our goal is to comprehensively understand your needs so we can filter through the listings and tailor our search. Our Minneapolis real estate agency aims to save you time and present a carefully curated list of properties that closely meet your criteria.
Vast network
We are licensed real estate agents who use the local Multiple Listing Service (MLS) to find potential properties for home buyers like you. We make the most of this vast network to connect with other professionals and their clients. Our Minneapolis real estate agency matches you with the best properties based on your requirements, ensuring a carefully curated selection to save effort and time.
Find FSBO homes
When you see a home listed as ‘for sale by owner’ or FSBO, it means the seller isn’t using a traditional real estate agent. This can be a win-win as both you and the seller might save money by avoiding those typical agent commission fees.
Our Minneapolis real estate agency offers an FSBO package for homeowners, which includes a 6-month listing on the MLS and thousands of other real estate websites, including big names like Trulia, Realtor.com, Zillow, and EdinaRealty.com. We also feature these listings right here on our Real Estate Corners website, so feel free to browse them!
Get help with negotiations
Once you find the perfect property, our team will make sure the transaction goes smoothly. We can be your advocate and negotiate on your behalf so you can get the best deal. Our market knowledge and expertise can lead us to favorable outcomes. At the same time, we protect your interests as we do our best to get the most out of the transaction.
Tailored solutions
Every client is unique, and so are their needs when searching for a home. Our Minneapolis real estate agency understands this, so we tailor our solutions to meet your specific requirements. This client-centric approach leads to personalized strategies for finding the perfect property. We’re committed to delivering the highest level of support and guidance throughout your property search.
Sell your house and buy a new one
It’s common for home buyers to sell their current home while house-hunting. Maybe they’re downsizing or looking to transfer to a better property or neighborhood. We can definitely help you if you’re selling your house and simultaneously searching for another home to move into within Minnesota.
That’s right — our Minneapolis real estate agency can help you sell your home and buy another one. You’ll even get a cash rebate when you buy with us! Here’s how it works: Real Estate Corners will represent you as your buyer’s agent, and when the deal closes, you’ll receive a 0.5% cash rebate of your home’s selling price up to $4,000.
We’ll find your dream home
At Real Estate Corners, we understand each buyer has different needs when searching for a home. We consider countless factors to help with their search, such as budgetary constraints, family size, community, location, and other unique circumstances.
Our job is to know your needs so we can streamline your property search and ensure it goes as smoothly as possible. One of our strengths as a Minneapolis real estate agency is the wide network of FSBO listings. It allows us to connect you with home sellers directly.
Start your property search here!
Your search for a Minneapolis real estate agency ends here at Real Estate Corners! Call us today at (612) 483-1230 so we can search for your dream home as soon as possible.
Unlocking the Secrets of Minnesota MLS Listings: What You Need to Know
The Multiple Listing Service is a primary database for anyone looking to buy a house in a specific area. If you’re selling in Minnesota, getting your property listed on the local MLS can help you sell quickly. But there’s a problem: only licensed real estate brokers and agents can actually create and manage Minnesota MLS listings. So, if you’re going the “for sale by owner” or FSBO route, you’ll need a way to get your property on the MLS. That’s where a flat-fee MLS listing service —like the one we offer — comes in.
Here at Real Estate Corners, we help homeowners in Minnesota sell their homes through the MLS while saving them thousands of dollars in the process. How? Read on as we unlock the secrets of MLS listings in Minnesota in this blog. We will share everything you must know about Minnesota MLS listings and how they can make your home-selling experience less stressful and much more rewarding.
Benefits of MLS listings
Think of the MLS as a great marketing and selling tool for real estate around the country. Licensed Realtors, real estate agents, and brokers use it to show clients potential homes in a certain area. At Real Estate Corners, we specialize in Minnesota MLS listings with our FSBO package. Here are ways by which your home sale can benefit from the Multiple Listing Service:
Expand your listing’s reach
If you’re selling your house and it’s not on the MLS, many potential buyers will never find out about it. You’ll miss 90% of home buyers who might be looking for your property. Listing your property on the MLS is different from using selling platforms like Craigslist or Facebook Marketplace. It expands your property’s exposure, which lets you price your home more competitively and sell it as soon as possible.
Minnesota MLS listings appear on hundreds of other real estate websites, thanks to the property syndication in the state. This means your home will also be shown on Trulia.com, Realtor.com, EdinaRealty.com, Zillow.com, and other major property websites that display MLS listings.
Save money
A flat-fee MLS listing service will give your property more exposure while saving you money. Here at Real Estate Corners, we can get you started for as low as $399. That’s significantly cheaper than the listing broker’s 2.5-3% commission, so you can keep more profit from the sale. This could mean thousands of dollars in savings while benefiting from the vast exposure from the MLS.
Gain control over your home sale
One of the biggest reasons to go FSBO is for greater control over the home-selling process. Flat-fee MLS services allow you to take on a hands-on approach and make choices by yourself without a traditional Realtor. You can set the asking price, negotiate directly with a buyer or their agent, and schedule showings. This lets you get involved directly with the sale and control it according to your schedule and preferences. In turn, it allows you to align the sale with your goals while ensuring efficiency.
How to list your property on the MLS
The best way to do this is by engaging a flat-fee MLS listing broker like us. Our service will save you money as we present your home to eager buyers. We provide a reliable and cost-effective solution to sell your house quickly.
What’s in an FSBO package?
Our FSBO package will market your property on the MLS for 6 months, with up to 24 photos and free unlimited changes or edits. We will forward all email and phone leads to you at no additional cost. Plus, we make it easier for buyers and their agents to request showings and give feedback through home-showing electronic services.
Considerations before using an FSBO service
Check for hidden fees, especially when you want to cancel and pull out your listing from MLS. At Real Estate Corners, our Minnesota MLS listings come with no surprise charges. Plus, you can cancel at any time without additional costs. We’ll provide the required state disclosures and broker listing support and feature your full ad here on our website.
Get additional support
You can maximize the marketing power of Minnesota MLS listings with solutions like color brochures, a professional yard sign, and an online open house directory. We offer these services for additional fees, but they may be worth considering if your home sale needs an extra boost. We can also provide the following:
- Monitoring of the competition: This will help you stay up-to-date and competitive in your neighborhood. The MLS will email you for any sold or new properties or price updates in your market.
- Market analysis: Do you want to sell your home at top dollar quickly? Our licensed Realtor will provide a comparative market analysis and suggest the best listing price.
- Email blast to other Realtors: We will send digital brochures to local Realtors in your market.
Extend Minnesota MLS listings to 12 months: Our basic FSBO package is good for 6 months. We can extend it to 12 months for an additional $200.
Not just for selling homes
Moving homes in the same state? Browsing Minnesota MLS listings can also help you find your dream home. The local database makes it easy for local real estate agents like us to find and share information on properties for sale so we can connect buyers looking for properties that meet their needs and budgets. It provides detailed information on available properties, so you can see all the important details like square footage, listing price, and key features all in one place. This helps you make informed decisions and find the perfect home for your needs.
Navigate MLS listings with Real Estate Corners
Take charge of Minnesota MLS listings with our flat-fee FSBO service here at Real Estate Corners. Set a meeting with our team by calling (612) 483-1230.
Why MLS MN Listings Are Your Ultimate Resource for Finding a Home
Whether you’re an out-of-towner moving into Minnesota or a local looking to buy a new home, checking the MLS MN listings is the first step to finding the perfect property. The state’s Multiple Listing Service (MLS) is an up-to-date database established and managed by real estate agents like us. We use it to share information about homes for sale in the region, help homebuyers like you find your dream property, and connect you with the seller and their agent.
The MLS is a fantastic resource for you as a buyer. Each listing provides a wealth of information about properties for sale, including details about features, square footage, and price — everything you need to make informed decisions about your next home.
You’ve come to the right place if this is your first time using MLS MN listings to find your dream home. In this blog, we will delve further into MLS listings and discuss how they work and their benefits. Plus, you’ll find out how we at Real Estate Corners can help you find and buy your home in Minnesota!
What you need to know about the MLS in Minnesota
If you’re looking for an effective real estate marketing tool, the local MLS is the way to go. Real estate agents use it to list homes for sale across Minnesota and connect with clients searching in specific areas. Realtors created the Multiple Listing Service specifically to make it easier for buyers and sellers to find each other. The database also helps create a level playing field in the real estate industry, ensuring that everyone has access to the resources they need to best serve their clients.
Accessing the MLS in Minnesota
Only licensed real estate agents and brokers can access the local MLS. If you want to buy a home and see MLS MN listings, don’t hesitate to ask us about our services. We’ll share information on the home’s selling price, location, features, and structure and help you make an informed choice about buying a specific property.
How to browse MLS listings like a pro
While exploring MLS MN listings, take the time to explore the details of prospective houses. We recommend checking the number of days a home has been on the market, as this can reflect the housing demand in its location. Additionally, determine whether the property is a short sale or a foreclosure, as the type of sale can impact the listing price.
MLS listings can lead you to your dream home
While there are many other real estate websites and online marketplaces out there, MLS listings can still be a valuable resource for finding the perfect property in Minnesota.
Find the latest properties
FSBO home sellers use our service to list their properties on the local MLS for a flat fee. They benefit from the wide exposure of MLS listings since their ad will show on other real estate websites like Trulia.com and Realtor.com. This allows homebuyers like you to find properties quickly.
If you work with a real estate agent like us, we can search MLS MN listings for you and recommend properties that meet your budget and requirements.
Make house hunting rewarding
At Real Estate Corners, we offer a buyer service that lets you find and buy your dream home and earn cash rebates for it.
Buy and get paid
Looking to buy a new home after selling your current one? We can help you with both! Here’s how you can earn a cash rebate when you buy with us:
Option 1:
If you’ve already found the perfect place on the MLS MN listings, we’ll represent you as your buyer’s agent. When the sale closes successfully, you’ll receive a 1% cash rebate of the purchase price (up to $4,000).
Option 2: Need help finding your next home?
Selling your home but haven’t found your next place yet? We can help with that, too! We’ll represent you as your buyer’s agent and offer a 0.5% cash rebate of your current home’s selling price (up to $4,000) once you close on your new home.
Some restrictions apply. We’ll be happy to discuss the details and make sure you understand how you can benefit from working with Real Estate Corners.
Taking the guesswork out of buying a home in Minnesota
We understand that your needs differ from those of other homebuyers in Minnesota, so we will take the time to identify your needs, such as budgetary constraints, family size, ideal community, and location. At Real Estate Corners, our job is to help achieve your objectives as easily as possible.
Considerations when buying an FSBO home from MLS listings
Although MLS MN listings can simplify your search for a home, there are some considerations when buying an FSBO home.
Research
Do your homework before you buy an FSBO home. Include a title search and arrange a home inspection to ensure there are no surprise issues down the road.
Get representation
Unlike traditional real estate transactions, you will be working directly with the FSBO seller when buying a home from MLS listings. Working with a real estate attorney or a realtor will save you time when navigating contracts, legal paperwork, and negotiations before closing. Plus, their expertise will give you confidence in your buying decision and ensure a secure and smooth transaction.
Don’t settle
Take your time to browse MLS MN listings and compare properties to find the perfect home. With our help, you can access the latest FSBO listings and connect with home sellers directly.
Find your home in Minnesota with Real Estate Corners
Call us today at (612) 483-1230 so we can show you the latest MLS MN listings to get you started. Don’t hesitate to use our home buyer service so you can earn more dollars with our rebate options.
For Sale by Owner in Minneapolis: A Guide to Selling Your Home Independently
Selling your home without a real estate agent means listing it as a For Sale By Owner property in Minneapolis. Also known as FSBO, this strategy will save you from paying commission fees that typically go to the agents.
Is it really possible to sell your home by yourself? Yes. The statistics are encouraging: The National Association of Realtors says that 77% of FSBO homes sell in less than two weeks, often because the seller already knows the buyer.
But what if you don’t know anyone who might want to buy your home? In that case, we’re here to help! At Real Estate Corners, we offer affordable solutions to help you sell your home as an FSBO property without the traditional agent. How? In this blog, we will share a guide to selling your home independently while saving time and money and how our services can take the guesswork out of FSBO sales in Minneapolis.
Working with a flat-fee MLS listing agent
One of the services we offer here at Real Estate Corners is our For Sale By Owner package in Minneapolis. For a flat fee, we will list your home for sale on the Multiple Listing Service to help you market it.
An affordable way to sell your home
We only charge a low one-time fee for our For Sale By Owner package. For as low as $399, we will list your property on the Multiple Listing Service (MLS) to market it to more potential buyers and their agents. Your property can be promoted to a wider audience because it will appear on many other real estate websites, including Realtor.com, Zillow, Trulia, and CBBurnet.com. It’s better than listing your home on one platform like Craigslist or Facebook Marketplace, which might attract some casual browsers, but they aren’t specifically designed for real estate transactions. Plus, you save the hassle of manually posting your ad on multiple websites.
As you can see, our For Sale by Owner in Minneapolis can help you save thousands of dollars. At the same time, you can benefit from wider exposure when your property is listed on the MLS.
Understanding real estate transactions
Selling a home traditionally usually involves two real estate agents: one representing you as the seller and another representing the buyer. These agents typically charge a commission of 5% and 6% of the final sale price.
At Real Estate Corners, you can list your home without needing to pay a commission to a listing agent. This allows you to potentially save 2.5% to 3% of the sale price!
Get your home listed on the MLS
The Multiple Listing Service (MLS) is like a giant online network for real estate professionals. It’s where real estate agents and brokers list all the homes they’re selling. Essentially, the MLS helps connect potential buyers with sellers by making it easier for agents to find the right homes for their clients/
Real Estate Corners is part of this network. We work closely with other real estate agencies in the region to keep the MLS up-to-date. This means we can see all the homes for sale listed by other agents, and they can see our listings.
Only licensed real estate agents like us can access the MLS. So if you want to sell your home as For Sale By Owner listing in Minneapolis, working with one of our experts at Real Estate Corners will ensure success.
Our flat-fee MLS package includes marketing your home on the Multiple Listing Service for 6 months, with up to 24 photos and free unlimited changes and edits. In addition, we will also:
- Forward email and phone leads to you
- Provide home showing electronic services to organize showing requests and gain feedback
- Post your full ad and listing on our website
- Provide broker listing support
Hassle-free service
With Real Estate Corners, you won’t have to worry about hidden fees when listing your home as For Sale By Owner in the Minneapolis MLS. We’ll provide the required state disclosures and allow you to cancel at any time at no extra cost.
Maximize your home’s marketing potential with add-ons
For additional fees, we can take your marketing efforts to greater heights. We offer color brochures, a professional 6-foot yard sign, and email blasting to local Realtors. Plus, we can extend your MLS listing to 12 months and monitor your competition! Our team can also facilitate the transaction to give the buyer more peace of mind when buying your home and ensure a smoother closing.
Tips for a smoother FSBO sales process
Minnesota has a competitive real estate market that provides For Sale By Owner sellers in Minneapolis more chances to save money. You just need to take the time to handle the paperwork, showings, and negotiations. Here are ways to overcome those challenges for a smoother transaction:
- Set a competitive selling price for your home – Did you know that 8% of sellers had to reduce their asking price in November 2024 because their initial pricing was inaccurate? This resulted in homes remaining unsold for more days. If you’re selling as For Sale By Owner in Minneapolis, check the prices of similar properties in your area.
- Make sure your home is market-worthy – Staging your home creates a positive impression and positively influences the buying decisions of 58% of buyers. We recommend highlighting the best features of your property so a buyer can visualize themselves in your space. Take the time to declutter, remove personalized items, and enhance the house’s exterior.
- Boost your home’s visibility – One of the things to do when selling your house as for sale by owner in Minneapolis is ensuring that it’s visually attractive and visible. You can do this by hiring a professional photographer and writing an engaging property description. Listing on the MLS can also maximize your property’s exposure online, so be sure to use our service!
Ready to sell your home?
Allow us to take the guesswork out of selling your home as for sale by owner property in Minneapolis. Call us at (612) 483-1230 to learn more about our flat-fee FSBO and MLS listing package.
FSBO MLS: Maximize Exposure and Control When Selling Your Home
Selling your home by yourself is not just exciting — it can also save you money. After all, it helps you avoid paying hefty commission fees to a real estate agent. But there’s one big hurdle: getting your home noticed by potential buyers. Unlike professional real estate agents, you probably don’t have access to a network of other agents and marketing resources. But don’t worry — here at Real Estate Corners, we can help you with our for sale by owner with a Multiple Listing Service package.
In this blog, we will explain why the Multiple Listing Service (MLS) is one of the most important tools for selling your home, even when you choose the FSBO route. As a marketing tool, the MLS has helped many successful real estate transactions by offering for-sale-by-owner sellers access to more potential buyers and real estate professionals looking for properties for their clients.
A centralized property database for real estate professionals
The MLS is essentially a shared database where real estate agents list the homes they’re selling. Think of it as a central hub for all the properties on the market, creating a more level playing field for all agents by ensuring that everyone has access to the same information and opportunities to connect with potential buyers and sellers.
As real estate professionals, we actively participate in and contribute to the local MLS — we share our listings with other agents, and in turn, we have access to all the properties listed by other agencies.Because the MLS is only accessible to real estate agents, you cannot list your property there as an FSBO seller. No problem, though. Our for sale by owner with Multiple Listing Service package charges a small fee to list your home on the MLS. The package starts at $399 and includes a 6-month listing on the MLS and other benefits, such as:
- Uploading up to 24 photos
- Required state disclosures
- Broker listing support
- Home showing electronic services to facilitate feedback and showing requests online
- Unlimited changes and edits on your listing at no extra cost
- Forwarding phone and email leads to you
When you choose our for sale by owner with a Multiple Listing Service package, you won’t have to worry too much about marketing your property online. The MLS Property Syndication will show your listing on hundreds of other real estate websites, including national sites like Trulia, Realtor, Zillow, and Redfin. Your listing will also be seen on EdinaRealty.com and CBBurnet.com, saving you time and effort by eliminating the need to post on every website one at a time.
Expanding your reach
Listing your FSBO home on the MLS is very different from simply posting your property on Craigslist and other online marketplaces. The MLS allows you to reach 90% more potential buyers, maximizing your exposure to help you sell your home quickly. In addition, you can price your property higher when you sell it as for sale by the owner on the Multiple Listing Service.
Sell your home as soon as possible
Listing your property for sale by owner on the Multiple Listing Service offers greater exposure. At Real Estate Corners, we can help you find potential buyers so you can sell your home quickly. Our FSBO package includes a full ad and listing on our website. Plus, we offer other services for additional fees. For $200, we can extend your MLS listing to 12 months. Our team can also email-blast digital brochures to local Realtors in your area for $50.
Here are other ways we can maximize your FSBO selling experience for extra fees:
- 6-foot professional yard sign
- 30 color brochures for your brochure box or open-house
- Monitor your competition within the neighborhood and receive emails from the MLS about price changes and sold or new properties in your market.
- Online open house directory
- Market analysis to ensure your home sells at a competitive price
Get help from our experts
Selling your home as for sale by owner on the Multiple Listing Service should help reduce the grunt work in your marketing efforts. However, if you need help with the sale process, we can facilitate the transaction on your behalf.
At Real Estate Corners, we understand some buyer’s agents are more comfortable working with a licensed agent like us. So, for just 0.5% of the sale price and a maximum of $2000 at closing, we can transact on your behalf from the moment you receive an offer to the closing day. Our professional team will ensure a smoother transaction, and we won’t charge you if your home doesn’t sell.
Attract qualified buyers
Homes for sale by owner on the Multiple Listing Service are a magnet for qualified buyers who are ready to buy a house. These people are usually pre-qualified and actively hunting for a new home. So, listing your FSBO property on the MLS lets you present it to buyers who can make an offer right away.
Share more details about your home
Properties listed as for sale by the owner on the Multiple Listing Service need to have detailed descriptions, and with our help, you can upload high-quality photos and arrange virtual tours. All this can provide buyers with the information they need about your home, helping them make informed buying decisions. In turn, your home can attract more qualified leads and facilitate a quicker, smoother sale.
Succeed on the MLS
A competitively priced home can increase a successful for sale by owner transaction via the Multiple Listing Service, so make sure your home is priced correctly to gain better offers that can lead to a faster sale. In addition, we recommend using the MLS to find valuable market data on pricing trends, recently sold homes and current listings. With this information, you can do a Comparative Market Analysis to set a competitive and fair price for your house.
Get started on FSBO with Real Estate Corners!
FSBO your home with Real Estate Corners for a worry-free process! Call (612) 483-1230 so our team can explain our flat-fee MLS service.
MLS Minneapolis: What It Means for Buyers and Sellers
If you’re looking to buy or sell a home in Minneapolis, you’ll likely encounter the MLS. For buyers, the MLS in Minneapolis provides a comprehensive database of homes for sale in the state, so you can easily search for properties based on specific criteria like location, price range, and property type.
If you’re a seller, listing your home on the MLS gives it maximum exposure to potential buyers. Real estate agents and brokers use the MLS to showcase properties to their clients, increasing the chances of a quick sale. However, you need the help of a real estate company to list your home there because the platform is exclusive to real estate professionals.
In this blog, we will take a more in-depth look at the MLS in Minneapolis and how it helps home buyers and sellers. Moreover, we will share how our flat-fee real estate service and home-buyer service here at Real Estate Corners can help you achieve your goals cost-effectively and quickly.
Understanding the MLS and its significance in real estate
The MLS connects real estate agents and brokers to facilitate collaboration. By sharing property listings on the MLS, real estate professionals can work together to provide better service to their clients. By partnering with us, you’ll have access to a wide range of properties listed on the MLS, giving you more options to find your dream home.
What is the MLS?
The Multiple Listing Service is essentially a database of properties listed for sale in a certain geographic region. To outsiders, it looks like a massive national database. But the truth is it’s actually a network of regional databases around the country.
Simply put, there isn’t one big MLS. The MLS in Minneapolis is made, maintained, and paid for by real estate agents in Minnesota. It’s where we share our listings with other agents and brokers to keep one another up-to-date. We upload pictures and share detailed information about every property we represent. Plus, we connect home buyers and sellers.
To use the MLS, Real Estate Corners pays a membership fee to list or view homes in a particular area. If we want to see homes in other regions, we must join the Multiple Listing Service for those areas, too.
Who can access the MLS?
Since only real estate agents can make entries and update listings, you will need our help to find homes or sell your home in the MLS in Minneapolis. At Real Estate Corners, we offer a flat-fee MLS listing service starting at $399 so we can sell your home there. It’s significantly cheaper than the 6% commission that goes to traditional real estate agents. Plus, we will feature your full ad and listing here on Real Estate Corners!
Are you looking to buy a home? Our home-buyer service connects you to a wide range of properties listed on the MLS. As a bonus, you could receive a rebate of up to $4,000 when we successfully close the deal on your behalf.
Why list on the MLS?
Selling a home through the MLS means more exposure for your listing. The MLS in Minneapolis facilitates property syndication, which makes your listing appear on hundreds of popular real estate websites that display properties from the Multiple Listing Service. These include national websites like CBBurnet.com, EdinaRealty.com, and Realtor.com.
Save time and effort
Thanks to the MLS property syndication, you don’t have to visit each real estate website one at a time to list your property there. At Real Estate Corners, our flat-fee MLS listing service includes home-showing electronic services and broker listing support. Plus, we forward all email and phone leads to you at no extra cost with our basic package.
Get additional support
For additional fees, we can do more for you to take the guesswork out of marketing your home. Our basic package lists your home on the MLS in Minneapolis for 6 months. This can be extended to 12 months for $200. We also offer other services such as color brochures, a professional yard sign, and email-blasting to other Realtors in your area.
How does the MLS help home buyers in Minneapolis?
If you’re a home buyer, you can also use the MLS to find your dream home. With our home-buyer service, we will help you find another home as we sell your property through the MLS in Minneapolis. We can find listing brokers and other agents representing homes that meet your needs.
Uncover details only available to professionals
MLS listings offer basic information about properties for sale, such as the square footage, pictures, and number of bathrooms and bedrooms. You’ll also find details on features like the neighborhood and garage.
Apart from that, the MLS in Minneapolis has private remarks that are visible only to other agents. We do this to protect the safety and privacy of home sellers. These comments can include showing instructions and the seller’s contact details. Some may also share HOA regulations and seller disclosures. At Real Estate Corners, we can advise you on these details to help you make an informed buying decision.
Buy or sell a home with Real Estate Corners
Whether you’re buying a home or selling a current one — or doing both — our team at Real Estate Corners will help you make the most of the MLS in Minneapolis. Call us at (612) 483-1230 so we can tell you more about our flat-fee MLS listing and home-buyer service.
How to List Your Property for Sale by Owner on MLS
Selling your home as a ‘for sale by owner’ (FSBO) listing means doing everything without a real estate agent representing you. It’s a commonly increasing practice among homeowners who want to save money on commission fees. However, it’s not without challenges. Marketing your home and making sure that buyers see it is one of the hardest things to do as an FSBO seller. One way to solve this problem is to sell your house as for sale by the owner but list it on the MLS.
Join us in this blog as we share what the MLS is and how it can be a great tool for selling your home. We will also explain how to list your property as FSBO on the local MLS.
What’s the MLS, and how does it work?
The Multiple Listing Service (MLS) is a network of several databases created by real estate agents to make it easier for them to share information about the properties they represent in a particular region, ensuring everyone in the real estate industry has reliable information to show their clients.
If you’re interested in selling your home as for sale by owner and listing it on the MLS, Real Estate Corners can help you maximize your reach. Our affordable FSBO package (starting at just $399) includes an MLS listing valid for 6 months.
Choosing our FSBO package lets you save significantly compared to traditional real estate agent commissions, which typically range around 6%. You’ll have the advantage of an MLS listing without the high costs.
How does the MLS help FSBO sellers?
Selling your home without a real estate agent might save you money. But you can’t just rely on social media or word-of-mouth to promote your listing. Your for sale by owner property will get a lot more exposure when you list it on the MLS.
A dynamic selling platform
The MLS isn’t just a database of properties for sale. It’s a dynamic marketing and selling tool real estate agents use to find and recommend homes to buyers. If you’re selling your home by yourself and it’s not on the MLS, you could miss out on opportunities to find a potential buyer as soon as possible. As a result, your house will sit longer on the market.
Eliminate the guesswork when listing your home.
Thanks to the MLS Property Syndication, your listing will show on other real estate websites, including national online platforms like Zillow, Trulia, and Realtor.com. What does this mean for you? No need to waste time creating and managing listings on multiple platforms. The MLS does the heavy lifting. It exposes your property to a vast audience of potential buyers across the web.
When you sell your property as for sale by owner and list on the MLS, you give it exposure that translates into more interest and potentially a faster sale.
How to list your home on the MLS
The best way to list your home on the local MLS is with a real estate agent like us. At Real Estate Corners, we offer a flat-fee MLS listing service starting at $399. For this small flat fee, we will:
- Market your property on the MLS for 6 months
- Edit or update your listing
- Upload up to 24 photos of your home
- Forward buyer email and phone leads to you
- Provide a home-showing electronic service for online feedback and showing requests
- Show your ad on our website
- Provide the required state disclosures
- Provide broker listing support
More convenience for you
At Real Estate Corners, we aim to simplify the process of selling your FSBO home with our flat-fee MLS listing service. We mean it when we say ‘flat fee’ because there are no hidden fees. Plus, you can cancel at any time for whatever reason, and we won’t charge you any cancellation fees.
Can you create an MLS listing without a real estate agent or broker?
One of the questions we get asked often is whether it’s possible to do for sale by owner and list on the MLS without a real estate agent. The answer is no. The MLS is a private network used by real estate professionals to share property listings. We highly recommend choosing a flat-fee MLS service to take the guesswork out of marketing your property for sale online.
Selling a house is better with an agent
The MLS is a private network designed for real estate professionals to share property listings and collaborate. It helps agents and brokers reduce costs and provide better service to their clients. To protect the integrity of the MLS and ensure fair practices, only licensed real estate professionals can access and utilize this platform.
As members of the Minnesota MLS, we offer a more affordable solution with our flat-fee FSBO service. We will list your home on the MLS at a more reasonable cost. You won’t have to worry about the hefty commission fee that goes to traditional agents and the hassles of making and updating real estate listings online.
We make it easy and affordable to list your home on the MLS
At Real Estate Corners, we are proud of our ability to help our clients sell their homes while saving money. Use our flat-fee service to sell your for sale by owner home and list it on the MLS. We also offer a full-service listing if you want all the services of a traditional real estate agent at a low flat rate. Allow us to handle your home’s sale so you can sit back and relax. Call us at (612) 483-1230 to get started right away!
Everything You Need to Know About Minneapolis Multiple Listing Service (MLS)
You’ve probably heard a lot of horror stories about selling your home with the help of a real estate agent. High commission fees, lack of control over the selling process, and mediocre marketing techniques — these are just some of the complaints that homeowners have about traditional real estate agents.
We completely understand if you are sure the FSBO route (For Sale By Owner) is the best option for you. After all, you know your home better than anyone else, right? But before you go ahead and put up a “For Sale” sign in your front yard, there’s something else you should know about – the Minneapolis Multiple Listing Service (MLS).
Licensed real estate agents like us at Real Estate Corners offer a flat-fee Minneapolis multiple listing service that will get your home on the MLS and in front of thousands of potential buyers. Here’s more to convince you that this service is worth considering.
What is the MLS, and why should you care about it?
The MLS is a platform that licensed brokers, and real estate agents use to put up and search for homes available for sale in a given area. The MLS provides detailed data on properties such as square footage, number of bedrooms and bathrooms, listing price, and more. This information is critical for both buyers and sellers as it allows them to compare similar properties and make informed decisions.
So, should you care about the MLS? Absolutely. Here’s why:
The Internet is a very important resource in the real estate industry
A 2020 survey by the NAR reported that 97% of homebuyers turned to the internet when searching for a new home. This means that almost all potential buyers will use online platforms, including the MLS, to find their dream home. If you hire us to list your home on the MLS, you are increasing its visibility and chances of being seen by a larger pool of buyers.
It is a safe, reliable platform
What makes the MLS different from other online marketplace platforms is that it is exclusive to licensed real estate agents and brokers. This means that the information on the MLS is accurate and reliable as it comes directly from professionals who are held to a code of ethics.
We will start by gathering details about the property and will use comparisons with recently sold homes to set an appropriate list price. Once all the details are in place, we will create a listing in the MLS. This listing includes photos, square footage, the number of bedrooms and bathrooms, and other home features like a garage.
However, aside from the basic details, MLS listings often include private remarks intended only for other agents to keep the seller’s privacy and safety intact. These confidential notes might have the seller’s contact information, tips on the best times for showings, details about pets in the house, gate codes, or specific seller disclosures and homeowners association (HOA) rules. Every property listed on the MLS is given a unique MLS number to easily identify and find properties. This number is used as a reference for agents and buyers to keep track of the listings they are interested in.
Provides maximum exposure
When a seller lists their home on the MLS, it becomes visible to all the agents and brokers who use the system, which greatly boosts the chance of finding a buyer. This increased visibility is actually one of the biggest advantages for homeowners who choose to work with an agent rather than going the For-Sale-By-Owner route.
In the same way, when buyers search for a new home, they are provided with access to a vast selection of listings via the MLS. Buyers can work with an agent to find a home that fits their needs. During this process, the agent will talk to the buyer about their ideal location, type of home, budget, size requirements, must-haves, and other preferences. The agent then uses this information to search for homes on the MLS that match the buyer’s criteria. When the buyer finds a home they like, they can arrange to see it in person or attend open houses using the information available in the MLS.
Have more control but still have guidance
One of the most important things to note when using MLS is that sellers cannot list their homes on the MLS directly. This is because only licensed real estate agents and brokers are allowed to access the platform. This means that sellers would need to work with an agent who can help them list their property on the MLS with a flat-fee arrangement.
Will this mean that the seller has no control over their listing? Not at all. Unlike traditional real estate transactions where the agent handles all aspects of the sale, with MLS, the seller still has control over their listing. They can choose which photos to use, write their own descriptions for the listing, and set their own price. The only difference is that the listing will appear on the MLS and get more exposure to potential buyers.
Our flat-fee FSBO package offers an affordable and straightforward way to list your home on the MLS in Minneapolis. Beyond our basic package, we offer additional services like market analysis and competition monitoring, which are available for an extra charge. Reach out to our team today at (612) 483-1230 for more information on our Minneapolis multiple listing service.
Top Real Estate Agencies in Minneapolis: Experts in Home Buying and Selling
Are you aware that more than 21,000 people in Minnesota are licensed to sell real estate? Picking an agent who is well-versed in the local market and the real estate industry can be overwhelming. After all, you literally have over 21,000 different options to choose from.
As one of the leading real estate agencies in Minneapolis, we know how challenging it can be to find the right agent to help you with your home buying or selling needs. Here are some tips on how to find a reliable Minneapolis real estate agency that can make the process smoother and more efficient for you.
Carry out due diligence
One of the most costly mistakes home buyers and sellers make is choosing an agent without doing proper research. Don’t just settle for the first agency you come across or the one with the most flashy advertisements. Take your time to do some background checks, read reviews from previous clients, and, most importantly – check for a license.
While you’re figuring out how to choose a real estate agent, it’s important to remember that they’re licensed and monitored by state regulatory bodies. Each state’s regulatory organization has its own set of guidelines that realtors need to follow to keep working in the industry. Thankfully, this information is easily accessible to the public. All you need to do is go online and search using the agent’s license number or name, and their details should appear. You can even find out if an agent has had any complaints or disciplinary actions against them.
Request a list of recent clients
Whether you’re buying your first home or selling a property, gathering some background information about the real estate agent you’re considering is important. Start by asking the agent for a list of a few clients they’ve worked with recently. This will help you determine if they have the necessary experience and capability to assist with your home-buying or selling journey.
Find out from their past clients what the initial price of the property was and what it eventually sold for. If you’re selling, check with those clients to see if their properties have features similar to yours. You should also learn about the location of those properties, the original asking prices, and the final sale amounts. You need a Minneapolis real estate agency that specializes in the type of property you’re interested in buying or selling.
While figuring out how to choose a great real estate agent, ask the most important question: how long were their properties listed before they sold? You don’t want to end up with a realtor who takes forever to sell or find a home for you. Knowing the average time their past properties spent on the market can give you a good sense of their efficiency and effectiveness in closing deals.
List down at least three top choices with over a decade of experience
When you’re picking a Minneapolis real estate agency, it’s smart to look for those who have been in the business for over 10 years. Agents with this much experience have likely seen all kinds of market changes and can offer helpful advice on the city’s real estate scene. They usually have a wide network that helps match buyers with the right homes quickly and gives sellers access to keen, qualified buyers. Plus, their negotiating skills have been honed over time, making sure you get the best deal possible. It’s a good idea to list down at least three top choices with this level of experience and do further research on their track record and client reviews.
Inquire about their communication style
Let the agent know your preferred way of communicating, whether it’s through text, phone calls, or emails. Remember, it’s best to keep important legal matters over more formal channels like phone or email rather than text. Also, ask if they can promise to send regular updates, say every couple of weeks, about their marketing and activities. Make sure they’re easy to reach whenever you have questions or need a status update. A good real estate agent should always keep you in the loop and maintain open communication throughout the entire process.
Ask if they offer a flat-fee MLS listing
In most real estate transactions, there are usually two brokers involved: one for the seller and one for the buyer. The seller’s broker, known as the listing broker, typically earns a commission of about 5-6% when the property is sold. This commission is usually divided equally with the buyer’s broker. However, with a flat-fee MLS listing in Minnesota, you can avoid the portion of the commission that the listing broker keeps, which is about 2.5-3%. This option allows you to save a significant amount of money while still enjoying the broad exposure of having your property listed on the MLS.
With our broker reciprocity system, your property will get exposure on hundreds of public websites that list by-owner MLS properties, such as realtor.com. Your MLS listing will also be visible on major platforms like MLS Online Minnesota, giving you maximum exposure to potential buyers. By using our flat-fee MLS listing service, you have the chance to connect with buyers who are not represented by an agent, meaning you won’t have to pay any commission. This can result in significant savings, potentially thousands of dollars.
Call Real Estate Corners at (612) 483-1230 and see how our Minneapolis real estate agency can help you sell your property. With over two decades of experience, we are sure to provide you with the best guidance and advice for your real estate needs.