Minnesota home prices have increased 13% in the past year to reach an average of $200,000. And it’s a hot seller’s market in most of the state. That’s all the reason you need to use technology to sell your home and save at least $21,000 in real estate agent commissions! Flat Fee MLS listing Minnesota companies will help you throughout your home selling process with proper market analysis and real estate expertise.
» In this guide, we’ll cover:
- Rankings: Flat Fee MLS Listing Minnesota Companies
- How Much Does Flat Fee MLS Listing Minnesota Cost?
- Detailed Reviews of the Best Flat Fee MLS Listing Minnesota Services
- Alternatives to Flat Fee MLS Companies in Minnesota
- Frequently Asked Questions
Rankings: Best Flat Fee MLS Listing Minnesota Companies
|Flat Fee MLS Service||Price||Hidden Fees||100% Online||Offer Management||Showing Management||5-star Reviews||Mobile App|
|2. Minnesota Flat Fee MLS||$149||None||❌||❌||❌||❌||❌|
|3. 123 Flat Fee MLS||$599||None||❌||❌||❌||❌||❌|
|4. Savvy Avenue||$495||None||❌||❌||❌||❌||❌|
|5. Real Estate Corners||$299||None||❌||❌||❌||❌||❌|
|7. I Sold My House||$399||None||❌||❌||❌||❌||❌|
Real People, Real Stories
How Much Does a Flat Fee MLS Listing Minnesota Cost?
There are 2 types of costs associated with a Flat Fee MLS listing
- Upfront Flat Fee: This is what you’ll pay to get on the MLS. Typically the upfront fee is between $300 to $500.
- Fees at Closing: Typically there’s no fee at closing in Minnesota for a Flat-Fee MLS listing agent, unless you purchase additional services like a “Contract to Close Consulting Package” or select one of the high-service plans.
- Hidden Charges (🚩): Many unscrupulous brokers will reel you in with a $99 listing. Buyer beware – that’s just the start. You’ll be frustrated paying an additional $500+ in hidden fees. A $50 yard sign will be sold you to for $135. Some brokers will charge you hidden fees at closing, but you’ll only find out about these when you’re ready to close. That’s way too late to do anything about it
7 Best Flat Fee MLS Listing Minnesota Companies
Houzeo, an online real estate tech company, provides an unbeatable combination of maximum savings, cutting-edge technology, and 5-star customer support.
💰 Save Thousands on Commission: Houzeo’s plans are typically a small flat fee. This will save you thousands. If your buyer is unrepresented, you save the buyer agent commission as well.
📣 Maximum Exposure: Listings get syndicated to the MLS, Zillow, Realtor.com, Redfin, Trulia, and hundreds of other websites. Houzeo also has nifty social media sharing tools. No other platform gives you this much exposure.
⚡ Fast Listing & Changes: Houzeo is 100% online. Listing is easy and changes are fast. So you can focus on what is most important – your sale.
⭐ 5-Star Customer Support: Home sellers across America have rated Houzeo 4.9 out of 5 stars on major review sites like Google and Trustpilot. There is comfort in the fact that when you call, there is a live person picking up the phone on the other line.
📱 Cutting-edge Technology: Houzeo is the most powerful real estate website. Its advanced features include:
- IntelliList Listing Management System: Lets you manage your listing 100% online.
- Houzeo Showings: Manage showing appointments online.
- Houzeo Offers: All offers are summarized online. You can view and compare offers, or counter an offer. In a multiple-offer situation, you can also call for highest and best offers.
- Buyer Search: Buyers can contact you directly on Houzeo.com instead of going through a real estate agent.
- Houzeo Settlement Agent Platform: Guides you to your closing.
👉 Our Take: Houzeo.com is our top pick because it delivers an unbeatable combination of savings, tech features, and service of any flat fee MLS listing service website we’ve reviewed.
Houzeo Reviews: Houzeo is 100% online. You can finish the listing formalities in less than 60 mins.
- Nationwide coverage
- Listings get syndicated to Zillow, Realtor.com, Trulia, Redfin, and 100s of other sites
- Quick listing (within a day with concierge)
- Savings on commissions
- 100% online – easy listing, fast changes, online showings, and online offers
- Mobile app availability
Houzeo is available nationwide.
Introducing the Houzeo Mobile App!
- View your listing
- Manage your showings online
- Review and compare offers
- Counter an offer
- NEW! Buyers can now search your property and save it in “Favorites”
2. Minnesota Flat Fee MLS
Minnesota Flat Fee MLS is another listing service that is locally based in Minnesota and provides two affordable packages for FSBO home sellers. The packages are pegged at $99 and $149. Even though they provide you with affordable packages they do not provide a lot of à la carte services or customization within the packages.
The company syndicates your listing to multiple other real estate platforms giving you good non-MLS exposure and also they allow free status changes. Both the packages include free seller disclosures and forms. Minnesota Flat Fee MLS also openly displays the seller’s information on the MLS, thus allowing the buyers to directly contact the sellers without the help of an agent. This is advantageous to the sellers as they will be directly dealing with the buyers and not their agents, thus sparing themselves from paying the buyer agent commission.
But the company is not good on the technology front and thus most of the process would be manual and will include a lot of hectic downloading, signing and uploading the paperwork. This could significantly affect the listing process and cause delay in your home sale.
How to Wholesale Real Estate
- Seller information is openly disclosed on the MLS
Minnesota Flat Fee MLS has no credible reviews available on top third-party reviews website.
Minnesota Flat Fee MLS covers most of Minnesota.
3. 123 Flat Fee Minnesota
123 Flat Fee Minnesota is a locally-based Flat Fee MLS listing in Minnesota that can offer you great local exposure with its network of local agents. They do not cover the entire Minnesota though, they only cover specific regions.
The company offers four different affordable Flat Fee MLS packages ranging from $299 to $599, and they provide one full-service option that is pegged at $799+1% of the home sale price. One of the biggest benefits of their package is they provide you with automated ShowingTime services and feedback in all the packages. They also provide you with an in-house valuation report. They syndicate your listing to top real estate websites and also provide you with limited real estate coaching with their Premium package of $599. With their Platinum package, they will provide you with multiple accessories that will help you sell your home more conveniently.
However, as mentioned above, they do not provide their services in the entire Minnesota state and this will inhibit your property’s exposure to the buyers. Also, with their basic package, you will be limited to uploading only 6 photos, and they do not provide any option to add additional photos for a lower price, instead, they make you pay for the higher packages.
How to List on MLS For Sale By Owner
- ShowingTime service and feedback is available in all the flat feee mls minnesota package.
123 Flat Fee Minnesota has a (7 total reviews) on popular review site Womply.
123 Flat Fee Minnesota does not cover the entire Minnesota.
4. Savvy Avenue, LLC
Savvy Avenue is one of the local Flat Fee MLS listing service that allows home sellers to list their home on the MLS via their affordable flat-fee packages. Most home sellers were happy with their home selling experience with Savvy Avenue as they said the company’s listing process was easy to navigate and the agent was professional and experienced.
However, some of the reviewers also claimed that the company does not provide any à la carte services, and that compels the home sellers to buy the costlier package even though when they do not need all of their services. The basic package does not come with state forms and disclosures and also they do not provide much assistance in the more complicated aspects of the home selling process. This is why, Savvy Avenue is more suitable for experienced home sellers.
Paperwork for Selling a House Without a Realtor
- Local agent allows you to have more local exposure
- Flexible flat fee MLS listing Minnesota packages with different services
- No state disclosures or forms in the basic package
- Low on tech
- No scope of substantial savings as compared to other companies
Savvy Avenue, LLC has a (5 total reviews) on popular Zillow reviews site.
Covers most of mls online mn.
5. Real Estate Corners
Real Estate Corners provide you two options: either buy their full-service agent representation package of $600 upfront (+ $2,900 at closing) or go with their purely FSBO package, which will cost you $299.
If you choose Real Estate Corner’s full-service package, you can avail of full-service listing agent services at a flat rate and success fee. With Real Estate Corner’s FSBO package, you can list your property on the local MLS, and this listing is also syndicated on hundreds of real estate sites.
To attract maximum exposure for your property, it needs to be on the MLS. Real Estate Corners charges you $200 to extend your 6 months listing to 12 months. Also, their additional services like color brochures, yard signs, pricing assistance, etc., are really helpful for FSBO home sellers but are costly compared to other listing services. This directly impacts your total savings.
Houzeo’s “Best Value” flat fee MLS listing Minnesota package is priced at $229 and provides you with a stress-free pack of accessories that can help you sell your home without any additional expenses, listing on the MLS is included in the package. However, you are always allowed to customize your package and add services as per your need.
- The company is backed by good reviews by previous home sellers
Covers major MLS MN.
Beycome was established in 2016 and is headquartered in Miami, Florida. Their selling dashboard offers you advanced features like managing your listing, organizing offers, and showing schedules. Beycome is a technologically-advanced company and makes it easy for home sellers to list their home on the MLS Minnesota as an FSBO, however, do they really offer any savings?
Their $99 flat fee MLS listing Minnesota package can save you the listing agent commission. With their 90-day money-back guarantee, you can cancel your purchase if you don’t sell or receive at least two offers in that timeframe.
Sellers have also reported that Beycome will ask you to use their title company.
Best Low Commission Real Estate Companies
- The package includes uploading photos, managing your listing, receiving and negotiating offers completely online on MLS MN
Beycome has a (15 total reviews) on popular review site Yelp.
Available in all of Minnesota.
7. I Sold My House
I Sold My House is a Flat Fee MLS listing Minnesota services that offers flat-fee packages ranging from $299 to $399. With their packages, you can schedule open houses without any additional fees.
One of the better features that they have is that they directly forward all the buyer leads to you i.e., the home seller. You can also pay $50/month to feature your listing on their homepage and sidebar, this will give your home added exposure and might lead to a quick sale.
Both the packages differ only in the number of photos you are allowed to upload. In their basic package, you get to upload up to 6 photos and in the other, you have the liberty of uploading up to 25 photos. Also, these packages are quite stringent and do not allow a lot of customization, and not a lot of a la carte options are available.
Paperwork for Selling a House Without a Realtor
- Buyer leads are directly forwarded to the home seller.
- Schedule open houses without additional fees.
- You are on your own to market your property.
- Many home sellers have complained about their customer support.
- Limited a-la-carte services to choose from mn MLS listing services.
I Sold My House has a (38 total reviews) on popular review site Better Business Bureau.
I Sold My House covers major mls listing mn.
Flat Fee MLS Listing Services: Read This Before You List
Listing your home with a Flat Fee MLS service saves you thousands of dollars on real estate commission. Because you are not listing with a traditional listing agent, you won’t have to pay their 3% commission.
You can list on your local MLS with Flat Fee MLS listing services. This way, you will also be in control of your sale.
👉 Flat Fee MLS: Check out our rankings for the best Flat Fee MLS Listing Services in 2022
What is Flat Fee MLS?
The MLS or Multiple Listing Service is an online database or marketplace of houses available for sale. This gives your property maximum exposure, which in turn increases the chances of sale. The MLS is operated and managed by state-licensed real estate agents and affiliate professionals and only they can access the portal to list homes, browse for properties, or procure data. However, if you go through a real estate agent to sell a house, you have to pay high commission fees.
On the other hand, a Flat Fee MLS listing service, is an MLS entry-only service that lists your home on the local MLS for a pre-set amount through a flat rate realtor mn or fixed fee real estate agents. This way, you retain all the rights to sell your home as an FSBO, and can otherwise, enjoy other real estate companies in Minnesota (with the help of a flat fee real estate broker) depending on the chosen package. You can find the best services by searching flat rate realtors near me or flat fee real estate brokers near me and can buy flat fee listing package that suits you the most.
How Does Flat Fee MLS Listing Work?
Once you decide to list your home on the MLS through a low cost real estate listing company and choose one of the packages offered by them. After receiving all the required details of your house, the fixed fee listing agent will make your listing live on the MLS and other real estate websites. Subsequently, the buyer agents will be able to view your property on the MLS and recommend it to prospective buyers.
Alternatives to Flat Fee MLS Companies in Minnesota
We talked about some of the best flat fee MLS companies in Minnesota but it should be noted that some flat-fee MLS companies are quite notorious for marketing gimmicks and predatory practices. An example could be that they would claim to allow free listing on the MLS but then charge you a percentage at the time of closing.
Some Flat Fee MLS companies might also slap some hidden charges on you and make you pay thousands of dollars when you only expected to pay a small amount.
The companies that we mentioned above are all reliable and trusted real estate brands among home sellers and that’s why you should not worry about any malpractices from the aforementioned companies. However, if you still have unresolved concerns about flat fee MLS companies in Minnesota, we suggest you go with these options:
Discount brokers are those brokers – can be companies or individuals – who work at a discounted fee or a flat fee, instead of a 2%-3% standard listing agent commission. Their fee can be as little as 1%. However, do remember that you will still have to pay the buyer’s agent commission which may be around 2%-3%.
🔍 Explore more: Do you know about America’s Top Discount Real Estate Brokers?
Selling without an MLS listing
This alternative is suggested only when you have a buyer ready to buy your house. If you have a buyer lined up then you don’t need to pay a flat fee or hire an agent or a discount broker for your home sale. If you don’t have a buyer and you go with not listing on the MLS then you are potentially losing out on 87% of the buyers who are buying through an agent.
Also, agents’ #1 way of finding a fantastic home for their clients is… you guessed it right, it is the Multiple Listing Service, the MLS. You don’t want to keep your property on the top Minnesota MLS’ without any buyer offers, do you? If you don’t want to use an MLS, you can rely on social media marketing and sites like Facebook Marketplace and Craigslist, or worse… your yard sign.
iBuyers are companies that will buy your home for cash outright. The price is decided with the help of their proprietary algorithm, recent real estate data, and their in-house experts. An iBuyer can offer and close the deal within 24 hours, however, there are certain pitfalls when dealing with an iBuyer.
- Their offer price is sometimes way lower than the actual market price
- Their offer price is often non-negotiable
- They charge steep service fees – generally 5%-14% of the purchase price
Hence, iBuyers are only recommended if you want a quick sale rather than save your money.
Some property owners may find that companies buying houses for cash are a good alternative. They are a good option as they come with a slew of advantages like easy closing process, no requirement to pass inspections, no need for open houses and you won’t even have to take the efforts to clean and repair your house.
Whether you’re a real estate investor or just a regular home seller, selling a home that requires a lot of work can be a hassle. Most of the retail buyers will be unable to acquire your home if it is unsightly or requires extensive modifications. Here’s when cash companies can help you.
However, the primary drawback of selling to a cash home buyer is that you might miss out on the open market competition, which you will only see if you list through a Flat Fee Realtor. There are also chances that you might end up selling your house at a lower price than expected.
Frequently Asked Questions About Flat Fee MLS Companies in Minnesota
What Are the Top For Sale By Owner Sites In Minnesota?
By far, Houzeo has been the leading Flat Fee MLS site in Minnesota followed by 123 Flat Fee Minnesota and Minnesota Flat Fee MLS.
Is Flat Fee Legal in Minnesota?
Flat Fee MLS is legal all across the US. In fact, the DOJ of America recently updated their bulletin highlighting the benefits of Flat Fee MLS for For Sale By Owner.
How Long Does it Take For My Listing to go Live?
The typical stipulated time to list is 2 business days after you’ve completed all your tasks accurately and the broker doesn’t have any questions for you. But for most MLS’ in Minnesota, your listing can be up in 4 to 8 business hours (Central Time).
To avail of this expedited listing, email firstname.lastname@example.org with the subject line “Please Expedite My Listing: “. Do this only after you’ve completed all the tasks your broker has assigned to you. Make sure all sellers have signed the required documents.
Note that listings can be expedited in most major MLS’ but not all MLS’ are covered under this policy. Call us at (844) 448-0047 if you have questions about whether your MLS is covered.
Can I Change/Update My Listing Information?
Yes, you can easily request amendments in your listing, including advertising open houses, changing listing prices, adding photos, updating the description, and more. Watch our comprehensive video tutorial on how can you change your listing information in minutes.
Can I List My House On MLS Without a Licensed Agent?
No, you cannot list your house without a listing agent on an MLS website. However, with Houzeo’s Flat Fee MLS listing, you can do it for a nominal flat fee.