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For Sale By Owner FSBO Minnesota Flat Fee MLS Discount Broker
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Multiple Listing Service (MLS)

The MLS (multiple listing service) is a database of property that is for sale, and is used exclusively by Realtors®. It is the most powerful marketing tool for a home owner. Realtors® all pool their listings, so any property listed is available to all Real Estate Brokers and Agents.

The MLS list homes that are currently on the market. The vast majority of Realtors® participate in the MLS and will become aware that your property is available, it's price and features through the MLS.

Being listed on the Realtors® MLS enables you to take advantage of the power of thousands of Realtors® in you area. Let them sell your property for you.

Why do we charge so little?

First, you are in charge of selling you home, instead of a Realtor® and secondly, the remainder of that answer requires a brief history lesson:

Before the advent of the personal computer and affordable database software, about twenty years ago, the listing agent had to create letters and flyers and and mail them to the local Realtors®, follow up with phone calls, just to bring the listed property to their attention.

The listing agent would even go door to door to Realtors® offices to get other Realtors® to consider showing the listed property, and more. In those days, the listing agent worked very hard for their share of the commission. Typically 3% of the selling price.

Since the broad acceptance of the personal computer, which makes access to organized and computerized MLS databases simple, the majority of Realtors® have a PC and are a member of a computerized MLS. Properties are listed on the local MLS by each office and are easy to find by buyers agents.

Now, with those advantages a buyers agent simply puts the clients requirements into the MLS database and searches for the properties that best suite their client. So really, the listing agents work requirements, to get a property noticed, has diminished dramatically, but not their commission.

Our philosophy is to list all homes on the Realtors® MLS, regardless of selling price, for a .

Isn't the paperwork difficult?

No. The buyers agent will bring you an offer and you either accept the offer or make a counter offer, in writing. Counter offers are included in the disclosure package in most areas.

Once an offer is accepted, it goes to the Title Company, who handles all of the details of the closing. Your local Title Company is also a great resource for any questions you may have.

You are responsible to provide the state required disclosures. Most disclosure packages include all of the required disclosures as well as booklets and information explaining how to fill them out.

 

Minnesota MLS List For Sale By Owner

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