How To List On MLS For Sale By Owner in Minnesota (2023 Update)

MLS is the most powerful tool in U.S. real estate. Homes listed on the MLS sold faster and for 17% more than off-MLS homes, according to a Bright MLS study.

So, whether you are selling a farmhouse in Eagan or a ranch home in Saint Paul, you need to be on the Minnesota MLS to get top dollar for your property.

Only Realtors have access to the MLS. And to list you, they will charge a 3% listing agent commission. You will also have to pay the buyer agent another 2.5% to 3% in commission. Gosh… That’s thousands of dollars of your home equity.

But it’s 2023. Some of the best Flat Fee MLS Minnesota services and For Sale By Owner websites will get you listed on the local MLS within 24 to 48 hours, and for just a few hundred dollars. You get the savings and you retain full control of your sale!

What is MLS in Real Estate?

MLS or the Multiple Listing System is a local database real estate agents use to list properties for sale. Only licensed real estate agents have access to the MLS.

There are 10 local MLS’ in Minnesota. You must list your property only on your local Minnesota MLS. Only then the local buyer agents will be able to find your listing.

⚡ Flat Fee MLS Minnesota: Houzeo automatically assigns you the right local MLS for your property.

What are the Benefits of Listing on the MLS in MN?

There are 5 key benefits of being on the MLS.

• Max Exposure = Higher Sale Price: MLS listings get syndicated to Zillow, Trulia, Realtor.com, Redfin, and hundreds of other websites. All that exposure means more competition for your property and a higher sale price. Listings on the MLS sold for 17% more than off-MLS listings – That’s thousands of dollars in your pocket!
• Marketing to Buyer Agents: 86% of home sales involve buyer agents who have access to the MLS. Thus, MLS is the most efficient way to market your house to buyer agents.
• Attracting More Buyer Agents: MLS’ allows you to incentivize buyer agents with a competitive commission. Given that most transactions involve a buyer agent, this will allow you to attract top-dollar for your property.
• Faster Sale: Bright MLS found that listings on the MLS sell faster than those not on the MLS. This makes sense given all the extra exposure MLS provides.
• Getting Cash Offers: Almost all Minnesota cash home buyers scour the MLS for properties. This includes iBuyers, investors, and home flippers.

Should I List on MLS with a Full-service Realtor in Minnesota?

We do not recommend listing with a full-service Realtor in Minnesota. The 3% listing agent commission a Realtor will charge you is too expensive. And the biggest benefit a Minnesota Realtor provides is access to the MLS.

You can list on your local MLS with Flat Fee MLS services. You’ll be in control of your sale, and save thousands in commission.

⭐ Houzeo Reviews: Houzeo is the only Flat Fee MLS service with 5-star ratings from thousands of home sellers!

How to Get an MLS Listing in Minnesota Without a Realtor?

Only licensed real estate agents have access to Minnesota MLS. There is no way to list on MLS without using an agent.

But you don’t have to pay thousands in commissions to get on this MLS. You can just opt for a Flat Fee MLS listing service. With a Flat Fee MLS listing, you pay a small fee instead of a full listing agent commission. It is the fastest way to get listed on the MLS and hit the Minnesota real estate market.

You can get listed faster with high-tech FSBO sites like Houzeo than with a traditional full-service Realtor. And save thousands!

⚡ Register Now: You can start your listing for FREE and pick an MLS plan only when you’re ready!

What is a Flat Fee MLS Minnesota Listing?

Flat Fee MLS is a type of listing service that lists your home on the MLS for a small flat fee. Unlike traditional Realtors, Flat Fee MLS listing services do not charge you a hefty commission of 3%.

Flat Fee MLS listings are typically known as “entry-only” listings or Flat Rate MLS listings. The broker or the company only helps the seller list on MLS for a flat fee. If you need additional help or services, you have to pay additional charges.

Here’s how you can get listed on the MLS in 4 steps:

1. Find the Best Flat Fee MLS Listing Service: Choose a Flat Fee MLS listing service to list your house on the local MLS. Several Flat Fee MLS companies are notorious for very high hidden fees. Research Flat Fee MLS listing services in Minnesota before you choose one.
2. Choose a Listing Plan: Most services offer a DIY Minnesota MLS listing plan and a virtual full-service plan. In a virtual full-service plan, a licensed real estate broker provides all the assistance virtually.
3. Provide Property Photos and Information: Attach good-quality pictures of your house. Opt for professional Minnesota real estate photographers. Homes photographed professionally sell 32% faster. Also, professional photos make your listing more attractive and appealing. Remember, you’re competing for clicks online.
4. Sign the Listing Agreement: You will be required to sign the listing agreement and complete Minnesota’s seller disclosures. If everything is in order, the real estate broker will list your home within 24 to 48 hours!

How Much Does it Cost to List on MLS in Minnesota?

It depends on whether you’re working with a full-service or a Flat Fee MLS service like Houzeo.

A full-service agent generally charges you around 2%-3% commission. On the other hand, you can potentially save a lot by using a Flat Fee MLS listing service. Houzeo costs $349 for most home sellers.

Here’s how much a Flat Fee MLS By Owner listing costs:

• Upfront Flat Fee: This is the amount you’ll pay to get on the MLS. Typically it is between $300 and $500.
• Fees at Closing: Most Flat Fee MLS services will not charge any additional fee unless you are in a minimum service state.
• Hidden Charges: Many unscrupulous brokers will reel you in with a $99 listing. Beware – that’s just the start. You’ll be paying $500+ in hidden fees. A $50-yard sign will be sold you to for $135. Some brokers may demand extra charges at closing when it would be too late to do anything.

» SAVE: Houzeo discloses all its fees upfront on the pricing page.

What are the Best Flat Fee MLS Listing Services in MN?

*Varies across states

1. Houzeo

Houzeo.com is Minnesota’s #1 ranked Flat Fee MLS service. Houzeo provides an unbeatable combination of max savings, 5-star customer support, and cutting-edge technology.

Houzeo’s Bronze package is priced at $99. The Silver package is priced at $349, and the Gold at $399. The full-service Platinum package is priced at $349 + 0.5% ( Minimum $995) at closing.

2. Savvy Avenue

Savvy Avenue is our #2 ranked Flat Fee MLS service in Minnesota. Moe Mossa, the Managing Broker, has over 17 years of experience in the field. He has a deep understanding of potential seller needs, as reflected in his customer reviews.

Savvy Avenue covers all major MLS’ in Minnesota. Please note that the company does not provide any à la carte services. This may compel you to buy costlier packages with services that you don’t require.

3. Minnesota Flat Fee MLS

Minnesota Flat Fee MLS offers wide geographical coverage with access to 5 regional MLS’. In addition to this, they offer exposure to local real estate websites. However, this range does not translate well when it comes to the services they offer.

The company is low on tech, and most of the processes are done manually. This could significantly delay your listing process and make managing offers less efficient. Consequently, you could lose out on potential deals.

Their listing packages are pocket-friendly. However, they are not customizable. Moreover, the basic difference between them is the number and quality of photos. Since 87% of buyers consider photos when making a decision, you may be forced to opt for the higher-priced package.

Best Flat Rate MLS Listing Services Near Me

Here are our reviews for Best Flat Fee MLS Minnesota listing services near you.

• Flat Fee MLS Minneapolis: Flat fee MLS Minneapolis, MN Listing Companies are low on tech. Also, one of the companies that we reviewed has high hidden fees.

My Responsibilities with an MN Flat Fee MLS Listing Service

With a Flat Fee MLS “only” listing, you are essentially your own agent. From showings to negotiations, you control everything. Here are a few tips to ensure a smooth listing process with a Flat Fee MLS company:

• Provide Accurate Information: While listing your property yourself, be sure to provide accurate information.
• Use Own Photos: Make sure you own the copyright for the photos you upload. You can either click the photos yourself or hire a professional real estate photographer.
• Ensure MLS Listing Status is Updated Promptly: Mark your listing as “Sale Pending” within 24 hours (or sooner) after accepting an offer. Provide executed documents, promptly. MLS fines can absolutely ruin your day.
• Ensure “Active” Listings are Available for Showings: If a listing is “Active” on the MLS, make sure it’s available for showing. When you go live on the MLS, ensure you’re ready to show your property.

How to Get on MLS for Free?

You can list on the MLS without a full-service agent, but it is never going to be free.

Home sellers can list on the For Sale By Owner websites that provide nationwide coverage for free. But the exposure offered will not be as efficient as MLS. Because homes listed on the MLS sell faster and for 17% more.

This is where Houzeo can help!

Houzeo offers affordable MLS listing services. Your listing gets syndicated to 100+ real estate websites like Zillow, Trulia, Realtor.com, and others. This guarantees maximum exposure.

How Long Does it Take to List a House on Minnesota MLS?

It takes about 2 days to make an MLS listing live after submitting all the paperwork and listing contract.

Most Minnesota Flat Fee MLS services forward the order to local real estate brokers. The broker then sends you the paperwork that you have to complete manually. Your listing goes live within 2 days of submission.

Houzeo instantly assigns you the right paperwork based on your location and region. And it is all digital. After you have submitted all the documents, your Minnesota home will be listed within 24 hours, in most cases even sooner!

How Does a Flat Fee MLS Minnesota Listing Save You Money?

Traditional listing agents charge about 3% listing commission. Flat Fee MLS Minnesota listing services charge you a flat fee of about $300 to $500, saving you thousands in commission.

You only have to pay the buyer agent commission if you sell to a represented buyer. You keep the entire sale amount if you find an unrepresented buyer.

86% of buyers are represented by an agent. We recommend you offer a competitive buyer agent commission to get top dollar for your property.

Service	Traditional Agents	Houzeo
Listing Agent Commission	3%	$349 flat fee
Buyer’s Agent Commission	2.5% – 3%	0-3%
Total Commission	5.5% – 6%	2.5%*

Other Alternatives

Apart from real estate agents in Minnesota and Flat Fee MLS companies, here are the other ways to list your home:

• Take the FSBO Route: In an FSBO sale, you won’t be marketing your property in traditional ways available with Realtors. Instead, you will DIY your marketing strategy using for sale by owner yard signs and For Sale By Owner websites. The best FSBO sites in Minnesota are Craigslist, Zillow, and ForSaleByOwner.com.
• Opt for a Discount Real Estate Broker: Work with a Minnesota discount real estate broker if you want to list on the MLS without paying a 3% commission. Along with an MLS listing, discount brokers offer all services offered by traditional brokers, but for discounted rates. Some discount brokers worth mentioning are Homie and Houwzer.

Final Word

Getting on the MLS is the best way to market your house to buyer agents. Houses listed on the MLS sell faster and for more. Only licensed real estate agents can get you on the MLS but they charge you a 3% agent commission.

List with Flat Fee real estate companies like Houzeo to bypass the hefty listing commission.

With Houzeo you get:

• An MLS listing within 48 hours
• Maximum exposure
• 5-star customer support team to assist you

All of this and more, just for a small flat fee of $349.

Eager to Know How Houzeo Works?

We’ve got you covered. Check out the following video to understand how Houzeo works and why it is one of the best For Sale By Owner websites in the U.S.

» NEED MORE CLARITY? Read these exclusive Houzeo reviews and learn why the platform is the best in America’s competitive housing market.

FAQs on How to List on MLS Without a Realtor in Minnesota

How To List On MLS By Owner Minnesota