For Sale by Owner in Minneapolis: A Guide to Selling Your Home Independently

Selling your home without a real estate agent means listing it as a For Sale By Owner property in Minneapolis. Also known as FSBO, this strategy will save you from paying commission fees that typically go to the agents.

 

Is it really possible to sell your home by yourself? Yes. The statistics are encouraging: The National Association of Realtors says that 77% of FSBO homes sell in less than two weeks, often because the seller already knows the buyer.

 

But what if you don’t know anyone who might want to buy your home? In that case, we’re here to help! At Real Estate Corners, we offer affordable solutions to help you sell your home as an FSBO property without the traditional agent. How? In this blog, we will share a guide to selling your home independently while saving time and money and how our services can take the guesswork out of FSBO sales in Minneapolis.

 

Working with a flat-fee MLS listing agent

 

One of the services we offer here at Real Estate Corners is our For Sale By Owner package in Minneapolis. For a flat fee, we will list your home for sale on the Multiple Listing Service to help you market it.

 

An affordable way to sell your home

We only charge a low one-time fee for our For Sale By Owner package. For as low as $399, we will list your property on the Multiple Listing Service (MLS) to market it to more potential buyers and their agents. Your property can be promoted to a wider audience because it will appear on many other real estate websites, including Realtor.com, Zillow, Trulia, and CBBurnet.com. It’s better than listing your home on one platform like Craigslist or Facebook Marketplace, which might attract some casual browsers, but they aren't specifically designed for real estate transactions. Plus, you save the hassle of manually posting your ad on multiple websites.

 

As you can see, our For Sale by Owner in Minneapolis can help you save thousands of dollars. At the same time, you can benefit from wider exposure when your property is listed on the MLS.

 

Understanding real estate transactions

Selling a home traditionally usually involves two real estate agents: one representing you as the seller and another representing the buyer. These agents typically charge a commission of 5% and 6% of the final sale price.

 

At Real Estate Corners, you can list your home without needing to pay a commission to a listing agent. This allows you to potentially save 2.5% to 3% of the sale price!

 

Get your home listed on the MLS.

The Multiple Listing Service (MLS) is like a giant online network for real estate professionals. It's where real estate agents and brokers list all the homes they're selling. Essentially, the MLS helps connect potential buyers with sellers by making it easier for agents to find the right homes for their clients/

 

Real Estate Corners is part of this network. We work closely with other real estate agencies in the region to keep the MLS up-to-date. This means we can see all the homes for sale listed by other agents, and they can see our listings.

Only licensed real estate agents like us can access the MLS. So if you want to sell your home as For Sale By Owner listing in Minneapolis, working with one of our experts at Real Estate Corners will ensure success.

 

Our flat-fee MLS package includes marketing your home on the Multiple Listing Service for 6 months, with up to 24 photos and free unlimited changes and edits. In addition, we will also:

·       Forward email and phone leads to you

·       Provide home showing electronic services to organize showing requests and gain feedback

·       Post your full ad and listing on our website

·       Provide broker listing support

 

Hassle-free service

 

With Real Estate Corners, you won’t have to worry about hidden fees when listing your home as For Sale By Owner in the Minneapolis MLS. We’ll provide the required state disclosures and allow you to cancel at any time at no extra cost.

 

Maximize your home’s marketing potential with add-ons.

For additional fees, we can take your marketing efforts to greater heights. We offer color brochures, a professional 6-foot yard sign, and email blasting to local Realtors. Plus, we can extend your MLS listing to 12 months and monitor your competition! Our team can also facilitate the transaction to give the buyer more peace of mind when buying your home and ensure a smoother closing.

 

Tips for a smoother FSBO sales process

Minnesota has a competitive real estate market that provides For Sale By Owner sellers in Minneapolis more chances to save money. You just need to take the time to handle the paperwork, showings, and negotiations. Here are ways to overcome those challenges for a smoother transaction:

 

·       Set a competitive selling price for your home – Did you know that 28.8% of sellers had to reduce their asking price in November 2024 because their initial pricing was inaccurate? This resulted in homes remaining unsold for more days. If you’re selling as For Sale By Owner in Minneapolis, check the prices of similar properties in your area.

·       Make sure your home is market-worthy - Staging your home creates a positive impression and positively influences the buying decisions of 58% of buyers. We recommend highlighting the best features of your property so a buyer can visualize themselves in your space. Take the time to declutter, remove personalized items, and enhance the house’s exterior.

 

·       Boost your home’s visibility - One of the things to do when selling your house as for sale by owner in Minneapolis is ensuring that it’s visually attractive and visible. You can do this by hiring a professional photographer and writing an engaging property description. Listing on the MLS can also maximize your property’s exposure online, so be sure to use our service!

 

Ready to sell your home?

Allow us to take the guesswork out of selling your home as for sale by owner property in Minneapolis. Call us at (612) 483-1230 to learn more about our flat-fee FSBO and MLS listing package.