Flat Fee MLS Listing Explained: A Cost-Effective Way to Sell Your Property

 


Selling a home is not as straightforward as most people think. It involves a lot of work — including a lot of marketing. You can avoid all that by leaving everything in the hands of a real estate agent — but this means that you have to pay them a 5-6% commission. The more affordable way to go is to list your property as ‘for sale by owner’ (FSBO) but pay for an MLS listing to get the marketing exposure you need, even without an agent.

 

At Real Estate Corner, we make it easier to sell your home as FSBO with our flat fee MLS listing service. In this blog, we will explain what flat-fee MLS listings are and how they can help you sell your home as soon as possible.

 

What is the Multiple Listing Service?

The Multiple Listing Service (MLS) is an important marketing tool for buying or selling houses. Real Estate brokers established this massive and up-to-date database to share information about properties for sale in a certain region. Only licensed real estate brokers and agents can access and make entries on this database — and that’s where we come in.

 

At Real Estate Corners, our licensed agents help homeowners access the MLS in Minnesota. With our help, other agents can see your listing and connect potential buyers to you. Additionally, local listings provide home buyers information on every property for sale, including the listing price, features, and square footage.

 

Why do you need the MLS to sell your home?

Every licensed real estate broker and agent uses the Multiple Listing Service to show their clients properties in your area, so if your house isn’t on the database, many potential buyers will never see it.

 

Being on the MLS helps your home sell as soon as possible, especially if it’s listed as FSBO.

Using our flat fee MLS listing service, you can have your home listed on the local MLS to boost its reach and visibility. Expect a professional listing with all the essential features offered by agents who charge a 6% commission but at a more reasonable cost.

 

What happens when your home is on the MLS?

Once we list your home on the MLS, the Property Syndication system makes the listing appear on hundreds of other real estate websites, including Trulia.com, Realtor.com, and Zillow.com. Popular sites that display MLS listings will also show your home, particularly CBBurnet.com, Redfin.com, and EdinaRealty.com. Your flat fee MLS listing will have a significantly greater reach compared to when it’s listed only on one platform or online DIY selling hubs like Craigslist or Facebook Marketplace.

Save time with a flat-fee MLS service.

Our flat-fee MLS listing service will save you time and effort from creating listings on individual selling platforms. With our help, we will present your home to eager buyers to help you sell it as soon as possible. Our reliable and cost-effective flat-fee MLS solution has helped many homeowners in Minnesota sell their homes more cost-effectively and quickly.

 

How flat-fee MLS works

Our flat fee MLS listing service will list your FSBO home on the local Multiple Listing Service for a flat fee, making it a cost-effective alternative to working with a traditional real estate agent. At Real Estate Corners, our rate starts at $399 and it includes marketing your home on the MLS for 6 months.

What makes listing services more affordable?

Two brokers are involved in a traditional real estate transaction: the listing broker represents the seller, and the selling broker represents the buyer. When you sell your home, you typically pay a commission of 5-6% to the listing broker upon closing. The listing broker then shares half of that commission with the selling broker.

By choosing our flat fee MLS listing service, you can eliminate the need for a listing broker, saving yourself 2.5-3% of the sale price. Additionally, your FSBO (For Sale By Owner) listing will benefit from the wider exposure and reach offered by the Multiple Listing Service (MLS).

 

What’s included in MLS listing services?

Our For Sale By Owner (FSBO) package starts at $399 and includes listing your property on the MLS in Minnesota. Our flat fee MLS listing service also comes with the following benefits that take the guesswork out of marketing your home:

 

·     Upload up to 24 property photos

·     Unlimited changes and edits, free of charge

·     We provide the required state disclosures

·     Get email and phone leads promptly

·     Home Showing Electronic Services, including feedback and showing requests

·     Broker listing support

·     A listing and full ad on our website

 

We guarantee no hidden fees in our flat fee MLS listing service. Moreover, you can cancel at any time without worrying about cancellation fees. If you want, we can provide the following services for additional fees:

 

·       12-month MLS listing

·       Color brochures

·       Professional 6-foot broker yard sign

·       Email blasting to local realtors

·       Online open house directory

 

As licensed real estate agents, our team can also monitor the competition and perform a market analysis on your behalf. If you have a buyer who prefers to work with a licensed agent, we can facilitate the transaction for just 0.5% of the sale price (a maximum of $2,000). However, we won’t charge you if your property doesn’t sell.

 

Flat-fee MLS listings made easy with Real Estate Corners.

Contact us so we can tell you more about our flat fee MLS listing service. We will help you save thousands of dollars and ensure your home sells quickly. Get started by calling (612) 483-1230.


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