When it comes to selling your home, choosing the for sale by owner (FSBO) route in MN is becoming increasingly popular. This method lets sellers avoid the traditional 6% commission fee that comes with hiring a real estate agent. While this commission is negotiable, it still significantly reduces your profits. So, depending on your comfort with handling the sales process and negotiations yourself, listing your home as for sale by owner in MN can be a smart financial decision.
Handling an FSBO Sale
You’re in charge of everything in a for-sale-by-owner transaction in MN. This means setting the listing price, advertising the property, hosting home showings, managing legal paperwork, and negotiating the sale. Some homeowners hire an attorney for the legal aspects or choose a flat fee Multiple Listing Service (MLS) service to enhance their sale prospects.
Why is it important to use the MLS? Because it’s a potent marketing tool that is typically only accessible to real estate agents and brokers. Properties listed here are also featured on major national real estate websites, enhancing their visibility. If your property is not on the MLS, you might miss out on opportunities to sell it swiftly. Being on the MLS increases the chances of your property being seen by a larger pool of potential buyers, which can lead to a faster sale and possibly even a better offer.
If you are listing your home for sale by owner in MN and want it to appear on the MLS, then you need a licensed real estate agent who provides reliable, cost-effective FSBO packages, simplifying the marketing and negotiation processes for you.
Seek professional help
Need help listing your home for sale by owner in MN? Real Estate Corners offers an affordable FSBO package that includes our flat-fee MLS service to ensure that you don’t stumble through the process. Our team is always ready to assist, so call us at (612) 483-1230 to get started.
