Top 5 Flat fee MLS Minnesota Companies of 2022
If you're selling your house for sale by owner (FSBO) in Minnesota, using a flat-fee MLS service will help you increase the visibility of your listing to potential buyers. Here is a list of Minnesota's finest flat-fee MLS services. With Flat fee MLS packages, organizations like Real Estate Corners and Houzeo can help you reach more buyers when selling your house in Minnesota.
Houzeo
Houzeo is a cutting-edge FSBO and Flat Fee MLS listing platform that focuses on simplifying the real estate transaction process. It enables house owners to list and sell their homes without paying a commission.
Houzeo is a well-established real estate company that receives visitors each month through organic means. House sellers can see their listings and receive and review offers using Houzeo's mobile app, available for "Android" and "iOS."
Pros
- Houzeo guarantees that there are no hidden fees.
- You won't be startled by any additional charges during the process.
- With Houzeo's reach, you may pay local agents a commission.
- Houzeo provides both MLS and non-MLS exposure.
- It allows you to conduct house showings and receive comments while on the go.
- Houzeo has a reasonable price and excellent customer service.
- The Houzeo Mobile App allows you to receive, review, and compare offers while on the go. You can also do this via the seller dashboard.
- You should check out Houzeo reviews for more information.
123 Flat Fee Minnesota
123 Flat Fee Minnesota is a Minnesota-based Flat Fee MLS listing that can provide you with excellent local exposure through its network of local agents. However, they cover only some areas in the entire state of Minnesota.
Their Listings usually go live in 1-2 business days. If you locate a buyer, you choose the buyer's agent commission and pay nothing. Inquiries from buyers and agents are directed straight to you. You have the option to cancel at any time.
Pros
- Instead of using a referral service, you can work directly with the broker.
- As they are a locally-based organization, they have a strong network of local brokers in their service places.
- If you don't want buyer inquiries delivered to you, you can cancel at any moment.
- All packages include the Show Time scheduling and feedback system.
- Home valuation and market research report prepared in-house.
Cons
- Only 6 images are included in the basic bundle.
- If you choose the Platinum package, you'll have to pay a buyer's agent commission.
- There are no features for buyers, such as making an internet offer.
- It doesn't cover the entire state of Minnesota.
Real Estate Corners
Real Estate Corners provided excellent service, including counseling at every transaction stage. You can receive further assistance, allowing you to determine how much assistance you require.
Comparative market analysis (CMA), Color brochures, and even having your home featured in open house directories are all options. This Flat Fee MLS Minnesota will be the best add-on service.
Pros
- You'll receive buyer leads, and you'll be able to make unlimited modifications to your listings.
- You can upload up to 24 photographs for the basic package
- There is no cancellation fee.
- The company has received positive feedback from past house sellers.
Cons
- Only the Minneapolis metro region has a full-service option.
- There isn't any built-in help for filling out forms.
Savvy Avenue
Savvy Avenue is a local Flat fee MLS listing service that allows home sellers to list their property on the MLS for a reasonable flat fee. Most house sellers were pleased with their Savvy Avenue house selling experience, stating that the company's listing process was simple to follow and that the agent was professional and knowledgeable.
However, the basic package does not include state documents and disclosures, nor does it offer much assistance with the more sophisticated aspects of property ownership.
Pros
- The easy online listing process
- You can gain more local exposure by working with a local agent.
- Changes are free of charge indefinitely.
- The flat charge that is flexible Minnesota bundles with various services is listed on the MLS.
- All packages include listing open homes on the Multiple Listing Service.
Cons
- In the basic package, there are no state disclosures or filings.
- Low on technology, with no potential for significant cost savings compared to comparable businesses.
Minnesota Flat Fee MLS
Minnesota Flat Fee MLS is Minnesota's most cost-effective flat-fee MLS service. You'll be able to sell your home for six months, and the premium plan allows you to post 25 photos, which should be plenty to show off most homes. When you submit your papers, it usually takes 2 days for your listing to get up.
It also prominently displays seller information on the MLS, allowing buyers to contact sellers directly without the assistance of an agent. This information display is favorable to the sellers because they will be engaging directly with the purchasers rather than through their agents, saving them money on buyer agent commissions.
Pros
- On the MLS, seller information is freely available.
- With a flat charge, you can update your listing for free.
- All packages include state disclosure filings.
- They are more economical than competitors.
Cons
- There are no alternatives for listing beyond 6 months.
- There will be no house valuation or price consultation.
- There is no reimbursement if you cancel after your listing has been published.
- The base package only allows for 6 images on the Minnesota flat price.
- Low on technology
Flat-fee MLS alternatives
Alternatives to the Multiple Listing Service that charge a flat price
There are several alternatives to flat-fee MLS firms that can help you sell your house faster and for less money. iBuyers and cash companies are two of the most popular.
iBuyers
iBuyers are companies that will pay cash for your home. Their proprietary algorithm, recent real estate data, and in-house experts are used to determine the price. Within 24 hours, an iBuyer can make an offer and conclude the transaction. iBuyers should only be used if you want to make a speedy sale rather than save money.
Cash companies
Companies that buy houses for cash may be viable for some property owners. They are a fantastic alternative as they offer several benefits, including a simple closing procedure and eliminating inspections and open houses.