It is normal for any seller to get daunted by the high cost of commission fees, at the time of selling a home. However, there is a way that can help you avoid such high fees and sell your home by yourself without needing a real estate agent. Here we explain all about the flat fee MLS listing service.
If you want to know whether a flat fee MLS listing service is right for you and should you consider selling your home without a real estate agent, then it is imperative for you to know all about a flat fee MLS listing service and the top Minneapolis flat fee MLS companies. This will help you make your choice.
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What is a flat fee MLS listing service?
A flat fee MLS listing service means that you sell your home without a traditional real estate agent. If you sell your home completely on your own, then it is called FSBO or for sale by the owner. A flat fee MLS listing service is the one that helps you advertise your home by listing the property on your local Multiple Listing Service or MLS.
Why use the services of Flat Fee MLS company in Minneapolis?
Since MLS is a big data pool of the properties on sale, it is a primary resource for real estate agents. The real estate agents list properties with other agents on the MLS and use the database to provide their clients home for buying. There are several local MLS databases in the country. They include a whole list of property listings in different areas. Some websites such as Houzeo also list your property on popular real estate websites like Zillow, Realtor.com, Trulia, and more. If your home is not present on the list of your local MLS, then you will definitely miss a chance to connect with a big pool of buyers and real estate agents, and your home will not sell fast.
To list on the MLS, the only way is to connect with the realtor. Only real estate agents have an access to the local MLS. So, if you choose to sell on your own without using the services of a real estate agent, then you will not be able to o register your property on the MLS. But for this, you do not need a traditional real estate agent. You can go for a Flat Fee and get the listing live by paying just a small flat fee without paying a 6% realtor commission.
At an upfront fee, Minneapolis flat fee MLS will list your home on the MLS, and end their services there. Unlike a traditional real estate agent who offers full service like pricing your home, handling negotiations, etc., a flat fee MLS listing will allow you to handle most of the home selling process to you.
However, some of the best Minneapolis flat fee MLS provide add-on services too. You can choose the services you want from the “a la carte” menu to help your selling process. Some flat fee MLS listing companies offer yard signs, professional photographers, pricing assistance, etc.
Best Flat Fee MLS in Minneapolis
Here is the list of the best Flat Fee companies that offer quality services.
Houzeo
Undoubtedly, Houzeo is the best MLS site to list your home on MLS. This name has to feature of the top, due to the excellent services they ensure to provide. They are a full-service online real estate giant that offers cost-effective services. Houzeo offers maximum savings by providing the best Flat Fee MLS service. They are also an FSBO provider.
Houzeo is a high-tech platform that allows home sellers to list their homes on the MLS by paying just a small flat fee. This way, the sellers are saved from paying the heavy listing agent commission. So, when you take up the services of Houzeo, you can save at least 50% of the agent commission.
There is add-on assistance available from Houzeo. You customize your packages and avail the of services like contract review, pricing assistance, professional photography, etc. They also provide you with a seller dashboard where you can view, receive, review, compare, and counter offers. The features like contract updates, home showings, lockboxes, For Sale By Owner Signs, and more are also available.
123 Flat Fee Minnesota
This Minneapolis flat fee MLS company helps people who want in-person showings. Their packages start from $299 and go up to $599.
The best benefit of this company is that you are allowed access to ShowingTime. This is an app where the agents can coordinate showings. The Premium package offers the best that can assist you with open houses, yard signs, directional signs, property flyers, etc.
However, you also need to know that the basic package allows just six photos. To include more photos to give people a better look at your home, you will have to pay extra. Also, the company does not cover all the locations in Minnesota.
Minnesota Flat Fee MLS
This company offers much more affordable services than its competitors. They include state disclosures with all their packages. You can list your property at this site for a time period of six months. If you pay more, you can upload 25 photos. The listings go live within 28 to 48 hours after sending all the needed documents.
- The basic package starts at $99, in which you get entry-level and low ser=vices such as 6 photos.
- At the package priced at $149, you can upload 25 photos along with the same features as the entry-level package.
You can cancel at any point in time without needing to pay anything.
Savvy Avenue, LLC
This company is best for the sellers who want their homes to sell quickly. Their packages start from $295 and go up to $495. If you choose the Extended package which is priced at $395, you can also add a virtual tour to your listing. The website allows you to manage your listing online. You must know that their basic package does not include state disclosure forms and is only a three-month listing term.
Real Estate Corners
This affordable Flat Fee MLS local company called Real Estate Corners provides brilliant customer support. The company has positive reviews due to its exceptional service, guidance at every step, and the option of getting more assistance.
Add-ons are available such as color brochures, CMA, a listing of homes on open house directories, etc. There is a For Sale by Owner Package at $299 in which you get everything you need. There are add-on services if you need extra help. The package is available for 6 months and allows 24 photos.