Maximize Exposure: Why FSBO Sellers Should Still Use the MLS
Selling your
property the FSBO way means you’ll handle the whole selling process on your
own, without a real estate agent. It’s a great choice if you’re ready for the
challenge and want to save on commission costs.
But of course,
there are also cons that come with selling a home by yourself. Getting enough
exposure to attract potential buyers is one of the biggest challenges of this
path. This is where an FSBO list on MLS
(Multiple Listing Service) comes in handy.
For those who are
new to real estate, the MLS or Multiple Listing Service is essentially a
database where real estate agents and brokers list properties for sale. Think
of it like a marketplace for homes, where agents can search and find listings
that fit their buyers' criteria.
How does MLS
benefit you as a seller, you might ask? Why should you use it as an FSBO
seller?
1. It gives your
property more visibility.
Since MLS is a
popular platform used by real estate agents and brokers, listing your home on
the database increases your property's visibility. A lot of first-time
homebuyers hire real estate agents to find their dream home on the MLS. This
means that your property has more chances of getting sold as compared to
listing it only on a single agent's website or social media page.
Can you list your
FSBO MN property on the MLS by yourself? Unfortunately, no. The MLS is
restricted to licensed real estate agents and brokers who are members of the
National Association of Realtors (NAR).
But what if you
are not a fan of the commission fee that realtors charge? In that case, a flat fee MLS listing service
might be an option for you. This type of service allows homeowners to list
their property on MLS for a one-time flat fee, so you can avoid the 6%
commission fee typically charged by realtors without compromising on the
exposure and benefits of using MLS.
Without an FSBO listing service on MLS, you’re
going to miss out on 90% of potential buyers who use the platform through their
real estate agents to discover new listings. More exposure means you have
better chances of selling your home quickly at a higher price. Using a flat fee
MLS listing gives you, the homeowner, the edge to sell faster and for more
money compared to other marketing options.
2. It gives more
credibility to your listing.
We've seen so
many horror stories about FSBO deals gone wrong. For many buyers, dealing
directly with a homeowner feels risky and unprofessional. That hesitation alone
can turn serious buyers away.
A flat fee MLS
listing helps avoid that. When your property appears on the MLS, it signals
that you’re serious and that the sale is being handled through a trusted,
professional platform. Buyers feel more confident making an offer because they
know the process is being managed properly.
That added
credibility attracts more qualified buyers who are ready to pay a fair price.
And that means a faster sale, fewer headaches, and more money in your pocket.
3. It saves you a
lot of time.
Selling a home means
juggling a variety of tasks, from advertising to coordinating showings and
dealing with paperwork. The MLS simplifies all of these by acting as a central
hub for your listing. Agents and buyers can view critical information about
your property, like your property details, asking price, and showing
instructions, all in one convenient place.
This organized
approach reduces back-and-forth communication, which in turn saves you a
significant amount of time. Instead of answering the same questions repeatedly,
you can focus on preparing your home for showings and negotiating with
potential buyers.
4. It helps you
reach the "right" audience.
Just like how
businesses need targeted marketing to reach their ideal customers, selling a
home requires reaching the right audience. With online listing platforms, you
can easily target specific groups of buyers by filtering through various
demographics, preferences, or even locations.
For example, if
your home is in a highly sought-after school district, families searching in
that area are more likely to find your listing and take interest. Likewise, if
your property has a large backyard or inviting outdoor space, highlighting it
can attract buyers who are interested in gardening or want space to relax
outside.
5. It gives more
data so you can price your property properly.
The MLS gives you
access to valuable data like recent sales, current listings, and pricing trends
in your area so you can set a price that’s both realistic and competitive. It
also helps you stay flexible — if market conditions change, you’ll have the
data you need to adjust your price with confidence.
How Real Estate
Corners Help
If you’re looking
to sell your home by yourself in Minneapolis, MN, we’re here to help. With our
FSBO Package, you can list your home on the local FSBO list on MLS
and reach thousands of potential buyers.
Without an MLS
listing, most buyers might never come across your property, and that's
something we're sure you want to avoid. You can list your FSBO home in
Minnesota with us and receive a professional MLS listing that includes
everything a 6% agent offers, plus the cost-saving advantages of selling on
your own for a simple flat fee.
Call us at (612)
483-1230 or fill out our form so we can talk about how we can add your property
to Minnesota's FSBO list on MLS.
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