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Tips on How to List a For Sale By Owner Property on MLS in Minnesota

Most people enlist a real estate agent to help them sell their home. But these days, there are more affordable alternatives, such as flat fee real estate agents, which can be a great option if you want to sell your house by yourself. While we offer both here at Real Estate Corners, your choice should ultimately depend on your situation and needs. In this blog, we will share their differences to help you make an informed choice.

What’s a full-service agent?

A full-service real estate agent handles everything from paperwork and negotiations to marketing your home, typically for a 6% commission on the final sale price. It’s a convenient option, but the commission can be a significant cost.

Some sellers prefer more control over the selling process and the associated costs. This is where the FSBO (For Sale By Owner) approach comes in, where sellers list their property themselves. The problem with this strategy is that it can be challenging to get maximum exposure without an MLS listing.

Here’s where flat-fee real estate agents come in. They can list your home on the MLS for a flat fee, significantly lower than a traditional 6% commission. This allows you to maintain control over the process while gaining wider exposure to potential buyers.

Here at Real Estate Corners, we understand there’s a middle ground. Our full-representation service provides all the benefits of a full-service agent at a more competitive price. Our flat fee package offers a lower upfront cost with a clear closing fee structure.

What’s a flat-fee real estate agent?

If you are selling your home via FSBO, getting it listed on the MLS can help you find a potential buyer faster. However, this platform is only accessible to real estate agents and brokers, so you will need our help. We offer a flat-fee MLS listing service that starts at $399.

Unlike other flat fee real estate agents who only list your home on the MLS, we can also help with the marketing and negotiating or provide additional support. Rest assured that we offer these services at affordable prices to help you save money.

By choosing flat-fee services, your property can have more exposure in the realty market at a discounted price. This is because we charge only a flat rate fee instead of taking a percentage of your home’s selling price.

Which option is for you?

If you need help deciding between our full-service and flat fee real estate agents, call us at (612) 483-1230. With Real Estate Corners, you can save thousands of dollars and take more from your sale.