When selling your home, you have the option of going the DIY route or hiring a realtor to handle it for you. Doing everything yourself can be challenging and could result in your home sitting on the market for an extended period. On the other hand, hiring a realtor could mean paying over $10,000 in commission fees, with rates ranging from 4.23% to 6.59% in Minnesota.
So what should you do? Fortunately, it’s still possible to sell your home without a realtor while enjoying the benefits of having one.
For Sale By Owner or FSBO in MN is an excellent option for experienced home sellers who have ample time and patience for the often-stressful property-selling process. However, it comes with certain risks, such as the possibility of selling your home for up to 6% less than homes listed with realtors. There’s also a chance that you may have to pay the commission of the buyer’s agent.
Is there a way to succeed with FSBO?
The quick answer is yes. You can still sell your home by yourself with help from an experienced licensed real estate agent. A For Sale by Owner service in MN will list your property on the Multiple Listing Service (MLS), the main data system real estate agents use to sell and market property. One of the perks of being on this nationwide database is it makes your property visible to more potential agents and buyers in Minnesota and other states.
Additionally, the FSBO service can help with other matters to boost your chances of a successful sale. They can produce a yard sign, help negotiate, print brochures, and much more, and you only have to pay a flat fee.
Check with trustworthy real estate agents now!
Real Estate Corners can help you navigate For Sale By Owner in MN! Whether you’re a first-time home seller or have any experience, our team will work closely with you to sell your home fast and cost-effectively. Our FSBO package starts at $299.
