$21,588 – that’s how much Minnesotans paid in agent commissions on an average $359,800 home last month. Classic rip-off, right? Home prices in MN will continue to rise, and so will commissions. But there’s an alternative! Going FSBO.
FSBO is powerful. Millennials are leading the way, with over 55% considering selling their homes by owner. From Minneapolis to Willmar, selling For Sale By Owner (FSBO) is the #1 way to save thousands in the North Star State.
The best For Sale By Owner websites in Minnesota will double your savings. You save 3% on the listing agent commission. With the NAR Settlement, you save on the 3% buyer agent commission too. That’s potentially a cool $21,588 IN YOUR POCKET!
Rankings: 7 Best For Sale By Owner Websites in Minnesota
FSBO Website | Listing Fee | 100% Online* | MLS Access | Online Showings & Offers | 5 Star Customer Service** |
---|---|---|---|---|---|
1. Houzeo.com | $399 | ✅ | ✅ | ✅ | ✅ |
2. Beycome | $399 | ❌ | ✅ | ❌ | ❌ |
3. List With Freedom | $195 | ❌ | ✅ | ❌ | ❌ |
4. 123 Flat Fee Minnesota | $399 | ❌ | ✅ | ❌ | ❌ |
5. ForSaleByOwner.com | $0 | ❌ | ❌ | ✅ | ❌ |
6. Zillow For Sale By Owner | $0 | ❌ | ❌ | ❌ | ❌ |
7. Craigslist | $0 | ❌ | ❌ | ❌ | ❌ |
For 100% Online, only FSBO sites with online showings, inspection scheduling, offer management, and mobile apps have been considered.
For 5-Star Reviews, customer ratings above 4.75 out of 5 have been considered.
Types of FSBO Websites 🚀
There are two types of FSBO websites in Minnesota you can choose from:
- Paid FSBO Websites: These websites list your property on the MLS for a flat fee. The MLS syndicates your listings to Zillow, Redfin, Trulia, and other websites.
- Free FSBO Websites: When you list for free, your listings are visible on the website and not on the MLS. No MLS exposure means less buyers and a lower sale price.
Reviews: 4 Best Paid FSBO Websites in Minnesota
1. Houzeo.com
BEST FSBO WEBSITE
HouzeoHouzeo offers 4 FSBO MLS listing Plans:
- Bronze: $399 + $350 at closing
- Silver: $409 + 0.5% at closing
- Gold: $429 + 0.5% at closing
- Platinum: $499 + 1% at closing
👉 Our Take: We recommend the GOLD plan. Which gives you access to Houzeo Tech. You can easily manage showings, negotiations, etc.
- Maximum Exposure
- 5-star Customer Service
- 100% Online
- No Hidden Fees
- Free Home Value Estimator
Houzeo’s services are limited in Wyoming, South Dakota, and West Virginia. This means your listings may take more than 12 hours to get updated.
Houzeo is rated 4.9 out of 5 stars by thousands of home sellers on Google & Trustpilot.
» Houzeo Reviews: With over 10,000+ happy customers, Houzeo is the most trusted FSBO website.
Houzeo.com is one of the best FSBO sites in Minnesota. They provide advanced technology, a seamless user experience, and listing exposure.
Houzeo’s Flat Fee MLS listing service helps you save thousands on Realtor commissions. You get dedicated customer support, which makes the home-selling process smooth and effortless. In addition, Houzeo covers 47 states and DC.
2. Beycome
DIY Real Estate Brokerage
beycome.comBeycome Brokerage Realty LLC offers three Flat Fee MLS listing packages for homeowners:
- Basic Package – $99: This package offers you unlimited changes to your listings.
- Enhanced Package – $399: You get a yard sign, a featured listing on Beycome’s website, flyers, brochures, and one key lockbox. You can also add a virtual tour video to your listing. This package is available only in 8 states.
- Concierge Service – $599 + 1% Commission: This is essentially a virtual full-service package that includes assistance till closing. They charge 1% of the sale price at closing. It is available only in 6 states.
👉 Our Take: Beycome’s prices are reasonable. However, their à la carte services comes with a hefty price tag. Also, the website is suitable only for experienced sellers.
Beycome offers good service in the selected states they are available in:
- Unrestricted Revisions and Edits: You can make unlimited changes to the description, photos, or price of your listing.
- Expert Assistance, if Needed: You can get expert assistance on all 7 days of the week in English and Spanish.
In our research, we came across these deal breakers with Beycome:
- Upselling Title Service: Beycome also owns a title company, which will be pitched to you repeatedly.
- Limited Coverage: It is only available in 10 states.
- Lack of Assistance: Most sellers had to manage price negotiation, showings, and closing by themselves. Sellers also complained about the delay in resolving issues.
- Average Technology: Leads, inspections, appraisals, etc., are managed offline so the process can be cumbersome.
- Only for Experienced Sellers: First-time sellers may not have experience in closing costs and seller disclosures. Beycome does not provide that much assistance in this area.
Beycome has 4.5 out of 5 stars from 600+ reviews on Google.
» Beycome Reviews: Know why Beycome is not the best choice to sell your home.
Beycome’s MLS listing packages are reasonably priced and offer legal forms, seller disclosures, an Open House scheduler, and customer support.
Beycome has outdated technology. It won’t help you with scheduling and review of home inspections, appraisals, and closings. Moreover, you’ll have to be very diligent and manage leads manually outside the platform.
3. List With Freedom
COMPREHENSIVE PACKAGES
List With FreedomList With Freedom is one of the oldest Flat Fee MLS services based out of Florida. It offers 3 packages:
- Gold – $89: This plan offers a 6-month MLS listing with up to 25 photos. You can decide the buyer’s agent compensation, but a 0.50% compliance fee is charged at closing.
- Platinum – $195: This plan includes everything from the Gold Plan but allows maximum photos and lowers the compliance fee to 0.25%.
- Platinum+ – $395: This plan includes everything in the Platinum Plan, along with a 12-month listing. It also offers an online showing service, unlimited open houses, a personal transaction coordinator, and a yard sign.
👉 Our Take: List With Freedom is a good option for experienced sellers. However, it’s important to note that they charge a compliance fee at closing, which adds to the total cost of their services.
Here’s what stands out about List With Freedom:
- Affordable Pricing: List With Freedom listings start at $89.
- Unlimited Listing Changes: You can make unlimited updates to your listing without extra costs.
- Market Exposure: Homes are listed on the MLS and various national websites, including Realtor.com, Zillow, Trulia, etc.
- Buyer Leads Forwarding: All buyer leads are directly forwarded to you without agent involvement.
Here are some of the drawbacks of working with List With Freedom:
- Additional Fee at Closing: List With Freedom charges a compliance fee of 0.25%–0.50% at closing, which can add to the overall cost.
- No Agent Support: There’s no agent support to assist with contract review, negotiations, or market analysis. Sellers must handle everything independently.
List With Freedom has a 4.7 out of 5 stars rating from 600+ reviews on Google.
» List With Freedom Reviews: Is List With Freedom a good choice? Find out the details in our review!
Ralph Harvey’s List With Freedom has affordable listing packages that are ideal for an experienced seller. Also, the listing process is quick and simple.
List with Freedom does not provide any pricing or negotiation assistance. Therefore, If you are new to the real estate market, you will need guidance throughout the selling process!
🚩You Should Know: List With Freedom charges a 0.25% fee at closing. They do not disclose this fee upfront on their “Pricing” page.
4. 123 Flat Fee Minnesota
LIMITED COVERAGE
123 Flat Fee Minnesota123 Flat Fee Minnesota offers 2 flat fee MLS packages:
- Showcase – $399: This includes a 12-month MLS listing with maximum photos, a property valuation report, online scheduling for open houses, and a property flyer. It also includes feedback via ShowingTime.
- Premium – $599: Includes all the features of the Showcase package, plus additional services like limited real estate coaching, price setting assistance, contract review, and recent area sales review.
- Listing Upgrades: Additional services, such as high-quality photos and videos, are available for an extra fee ranging from $150 to $425.
👉 Our Take: 123 Flat Fee Minnesota provides a limited range of listing services, and their additional features can be costly. Other flat-fee companies offer comparable services at a lower price.
123 Flat Fee Minnesota is a good option for the following reasons:
- Market Exposure: Your listing gets syndicated to Realtor.com, Zillow, Homes.com, and other real estate websites.
- Schedule Showings: You can schedule showings online and get feedback from realtors. It is available with all the 123 Flat Fee MLS Minnesota packages.
- Professional Assistance: You get access to licensed realtors and customer support is accessible via phone or email.
In our research, we found some major deal breakers with 123 Flat Fee Minnesota:
- Buyer’s Agent Commission: 123 Flat Fee MLS Minnesota prevents any potential buyer from directly contacting you. So, you have to involve a buyer’s agent and pay them a commission.
- Expensive Add-Ons: The company charges between $325 and $425 for 25 professional photos. Other companies offer similar packages for a much lower price.
- Limited Coverage: 123 Flat Fee Minnesota only operates in the state of Minnesota.
No credible reviews were found.
The real estate agents at 123 Flat Fee Minnesota have local market knowledge. They will help you get top-dollar property.
Listing with 123 Flat Fee MLS can be a fruitful experience for sellers who can spend ample time on their listing and are willing to do most of the grunt work.
Reviews: 3 Best Free FSBO Websites in Minnesota
5. ForSaleByOwner.com
OPTIONAL FREE LISTING
ForSaleByOwner.com- ‘Do It Yourself’ FSBO Package – $0
- ‘Closing Assistance’ Package – $495
- Nationwide Coverage
- Control and Flexibility
- Direct Buyer Interaction
- No MLS Listing
- Lack of Technology
- Privacy Violation
- Lead for Rocket Homes
ForSaleByOwner.com has a rating of 3.4 out of 5 stars on BestCompany.com.
» ForSaleByOwner.com Reviews: Read this blog to learn more.
Founded in 1999 by Damon Giglio, ForSaleByOwner.com is considered one of the biggest FSBO websites. They claim to have 7 times more traffic than any other For Sale By Owner sites.
Although ForSaleByOwner.com offers other paid services, none of these services include For Sale By Owner MLS listing. Further, your information is provided to a Rocket Homes affiliated agent. These agents contact you frequently to solicit MLS listings.
6. Zillow For Sale By Owner
REAL ESTATE MARKETPLACE
Zillow- FSBO Listing on Zillow – $0
- Zillow Premier Agent – 3% commission
- No Fees
- Free Cancellation
- Maximum Market Exposure
- Nationwide Coverage
- User-Friendly Interface
- Offers Rental Services
- Slow Listings
- Inaccurate Zestimate
- Limited Support
- Lead for Real Estate Agent
- Hide FSBO Listings
Zillow has a rating of 1.4 out of 5 stars from 350+ reviews on Trustpilot.
» Zillow For Sale By Owner Reviews: Read our in-depth review on Zillow.
Zillow is the most popular real estate website. It attracts more than 200 million visitors every month. To list your home on Zillow For Sale By Owner, all you need to do is sign up and make your free account.
However, Zillow FSBO listings do not appear on the MLS. Thus, they have limited exposure. Additionally, all FSBO listings on Zillow are hidden in the ‘Other Listings’ tab. This significantly reduces the success rate of free Zillow FSBO listings.
7. Craigslist
BIGGEST CLASSIFIEDS
Craigslist- FSBO Listing on Craigslist – $0
- User-Friendly Website
- Free FSBO Listing
- Good for Distressed Property
- Huge Traffic
- Lowball Offer
- Scammers and Pranksters
- Short Lifespan of Ads
Craigslist has a poor rating of 1.4 out of 5 stars from 300+ reviews on Trustpilot.
» How to Sell a House on Craigslist: Learn the step-by-step process of selling your home on Craigslist.
Craigslist is the biggest classifieds website in the U.S. In terms of traffic, it is the second most visited website, with more than 250 million monthly visitors.
While Craigslist can give your listing decent exposure, it can also attract scammers and fraudulent cash house buyers. Hence, we recommend that you put very limited information about your property and request identification from anyone who makes an offer.
How Much Can You Save With an FSBO Website in Minnesota?
You can save a whopping 3% on Realtor commission to list your home on the MLS in Minnesota. You just need to pay a flat fee, which is a fraction of the cost you would pay to the Realtor.
Imagine you own a $359,800 home in the North Star State. If you choose a 3% Realtor, you pay $10,794 to get your house on the MLS. But, if you list with a flat fee service like Houzeo, you only pay $399 and save $10,045!
Besides this, 77% of FSBO homes sell in less than 2 weeks. The best FSBO websites can get your home on the MLS within 24-48 hours.
Service Provider | Fee | Commission Due | Savings |
Traditional Agent | 3% | $10,794 | $0 |
Houzeo | $399 | $749* | $10,045 |
NAR Settlement Saves Sellers Thousands in Commission
The NAR Settlement went into effect on August 17, 2024. Buyer agent commissions can no longer be offered on the MLS. This means sellers will save thousands! But it also means there’s a lot more compliance and litigation risks.
Here’s what this means for you:
- Sellers Can Save Thousands in Commissions: You will likely be paying much less than the traditional 3% buyer agent commission. That’s because buyer agent commissions will be negotiated twice: Once when buyers engage Buyer Agents, and again when sellers review offer contracts.
- Seller Priority #1 will be Paperwork (to Mitigate Compliance & Litigation Risks): Buyer agents mitigate all types of risks. From seller disclosures, offer contracts, contingencies, inspections, repair requests, appraisal, and closing – Buyer agents keep the paperwork tight. Their state licensing authorities, Realtor associations, and MLS’ audit paperwork compliance. Without buyer agents, sellers will have to learn and adapt. Or risk expensive litigation.
- Negotiations Can Now Feel Like Haggling: Buyer agent commissions will now be part of offer contracts and buyer agency agreements. Buyers may ask sellers to include commissions in the form of seller concessions. That means home buyers and sellers alike will be negotiating commissions. Sellers will need expert licensed brokers to help them with these negotiations.
- Buyer Agent Commissions Can Be Offered Offline: Buyer agent commissions can still be offered outside of the MLS. They just cannot be advertised on the MLS.
How to List on MLS in Minnesota: 5 Steps
Here’s how you can get your home in front of local buyers and agents:
- Find the Best Flat Fee MLS Listing Service: Choose a flat-rate listing service to list your FSBO home on Minnesota MLS. Several Flat Fee MLS companies are notorious for high hidden fees. See our rankings of the best Flat Fee MLS Minnesota listing services.
- Create Your Account: Almost all Flat Fee listing services will let you create an account. High-tech listing sites like Houzeo will allow you to manage your listing online!
- Choose a Listing Plan: Fixed fee listing services offer a DIY MLS listing by owner plan or a virtual full-service plan. Choose the plan that meets your home-selling needs.
- Enter Property Details & Add Photos: Provide property information like the number of beds, baths, etc. Professionally clicked high-quality photos can help you sell your home 50% faster. So, consider hiring an MN real estate photographer before you upload photos!
- Sign the Listing Agreement: Review and sign the listing agreement. Complete the seller disclosure forms. If everything is in order, the real estate broker will list your home within 24 to 48 hours.
5 Tips for Listing Your House as For Sale By Owner in Minnesota
To sell your home easily with For Sale By Owner websites in Minnesota, you must consider the following tips:
- Conduct Market Research: Evaluate the local MN real estate market. Learn about recent house sales prices, market trends, and the typical time it takes to sell a home.
- Prepare Your Home: Make necessary repairs and renovations. Clean, declutter, and opt for home staging. All this makes your house appealing to potential buyers.
- Price It Right: Set a competitive price for your house. To get a Fair Market Value, consider a professional appraisal or use online tools.
- Market Your Home: Create a detailed marketing plan. Use high-quality images and make a virtual tour or video walkthrough.
- Opt for Exposure: Choose an FSBO website that gets your home listed on the MLS. This will give maximum exposure to your property and attract potential buyers.
Alternatives to For Sale By Owner Websites in Minnesota
If you think selling a house yourself in Minnesota can be difficult, here are some other options you can consider:
- Choose a Low Commission Agent: A low-commission real estate agent offers you the same services as a traditional Realtor for a reduced commission rate.
- Opt for a Cash Home Buyer: Minnesota cash home buyers make all-cash offers, usually within 24 to 48 hours. You can also sell your house as-is in Minnesota with them.
- Sell With an iBuyer: Opendoor and Offerpad are iBuyers that use technology to extend cash offers on homes. They typically offer 70%-80% of a home’s Fair Market Value (FMV).
Frequently Asked Questions
How to list a house For Sale By Owner in Minnesota?
To list your home as FSBO, you must choose the best Flat Fee MLS service in Minnesota. Create your account and opt for a listing plan. Then enter property details and sign the listing agreement.
What is the best For Sale By Owner MLS listing service in Minnesota?
Houzeo.com is the best FSBO MLS listing service in Minnesota. It provides an unbeatable combination of max savings, 5-star customer support, and cutting-edge technology.
Where can I list my home For Sale By Owner for free in Minnesota?
You can list your home for free on ForSaleByOwner.com, Zillow and classifieds websites like Craigslist.
What to look for in an FSBO website?
When opting for a FSBO website, look for user-friendly interfaces, online visibility, and features such as listing customization and marketing tools. Also, you should list your home on the MN MLS for maximum exposure.