Do you want to sell your house in Minneapolis this year? Now is a great time because it’s a seller’s market. However, higher property prices could also mean skyrocketing agent commission fees. No wonder many homeowners are choosing the FSBO (for sale by owner) route. At Real Estate Corners, we offer support for people who want to list their for sale by owner homes in MN. With our help, you can avoid the 6% agent commission and have access to the Multiple Listing Service (MLS) to show your home to more potential buyers.
But how do you sell your home in Minneapolis? Follow these steps for a smoother process:
Step 1: Work with a listing agent
Using the FSBO strategy to sell your home doesn’t mean you have to do everything alone. At Real Estate Corners, we offer cost-effective and reliable services to remove some of the stress from your shoulders. The options include:
- For Sale by Owner Package: DIY with a little help on the marketing, negotiating, and other support you might need. We offer this service starting at $299.
- Flat-fee MLS service: One of our specialties is accessing the Multiple Listing Service in Minneapolis to help sellers of homes for sale by owner sell their properties quickly and cost-effectively. For a small flat fee, your listing will be the most dynamic marketing tool used by every real estate broker looking for FSBO homes.
Step 2: Set a competitive price
To set the right price for your home, examine the prices of homes that have recently sold and those currently for sale in your neighborhood. If it’s a hot seller’s market, you might be able to increase your price by 10% above the average rates in your area. Conversely, in a buyer’s market, consider setting your asking price lower than the average to stand out and attract more buyers.
Step 3: Show your home in the best light
Hire a professional photographer to help your home sell faster by up to 32%. Don’t forget to improve your home by depersonalizing and decluttering, repainting in neutral colors, and improving its curb appeal.
Step 4: Market your property
Minneapolis homes for sale by owner tend to sell 13% faster when they are included on the MLS. To maximize your home’s visibility, consider using our flat fee MLS service alongside other marketing strategies like social media and Craigslist. Note that homes listed on the MLS will also be featured on major real estate websites such as Realtor.com, Zillow.com, Redfin.com, and Trulia.com, significantly increasing the chances of potential buyers discovering your listing.
Need help? Consult our experts here at Real Estate Corners, Inc. for more advice on selling a home in Minneapolis via FSBO. Call (612) 483-1230.