Mink Realty Reviews: A Comprehensive Analysis of Pros and Cons

6 mins read Nov 25, 2024
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Edited By

Carol Coutinho

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Editor
Edited By

Carol Coutinho

Editor, Houzeo
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Carol C. is a versatile editor, expertly refining real estate content with precision and creativity. When not exploring market trends, she is immersed in the enthralling world of the theatre.

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✏️ Editor’s Note: Realtor Associations, agents, and MLS’ have started implementing changes related to the NAR’s $418 million settlement. While home-sellers will likely save thousands in commission, compliance and litigation risks have significantly increased for sellers throughout the nation. Learn how NAR’s settlement affects home sellers.

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Mink Realty is a legitimate real estate service provider offering MLS services in Kentucky and Indiana. Experienced broker Donna Mink leads the operations.

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2.6

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Pros

  • Excellent broker and support team
  • Affordable and customizable packages

Cons

  • $250 transaction fee at closing
  • A la carte services come with a hefty price tag

Mink Realty reviews speak volumes about this real estate company. Moreover, with a 5 out of 5-star rating from 28 total reviews on Houzeo.com, Mink Realty has garnered attention for its services. 

However, Mink Realty may not be entirely transparent in its pricing, If you want a flat fee company with upfront prices, try Houzeo. Not only does Houzeo automatically assign your local MLS, but the listing is quick and easy.

Key Takeaways

  • Pros: Mink Realty’s extensive market knowledge enables them to offer valuable insights to their clients.
  • Cons: However, Mink Realty’s lack of transparency in pricing can be a drawback for potential customers.
  • Our Take: Transparent pricing is crucial for customers to make informed decisions and evaluate the value proposition. We recommend potential clients consider this factor before engaging with Mink Realty.

What is Mink Realty? 

Mink Realty is a renowned Flat Fee MLS company, operating in the market for several years. Moreover, known for its network and expertise, Mink Realty aims to assist clients in selling. 

Additionally, the agency boasts a team of experienced professionals who provide personalized assistance to fulfill clients’ real estate needs. What sets Mink Realty apart is its Managing Broker – Donna Mink.

Moreover, Donna Mink is an experienced Flat Fee MLS broker and has represented thousands of home sellers. With Mink Realty, you can list and sell properties in Kentucky and Indiana.

How Does Mink Realty Work? 

Mink Realty follows a customer-centric approach, prioritizing the needs and preferences of its clients. Moreover, they begin by understanding the client’s requirements, budget, and location preferences. 

With its vast network and market insights, Mink Realty identifies suitable properties and facilitates the selling process. Additionally, their team handles the paperwork, and negotiations, ensuring a smooth transaction for their clients.

The Mink Realty Homes Process:

The process works in these simple steps:

  1. Choose a State: You select a from Kentucky and Indiana and list your home. Then select the desired flat fee MLS listing package.
  2. Sign Up: After choosing the package, sign up by entering your payment details. Next,
  3. Fill out the Forms: Submit all the necessary details.
  4. Upload Photos on MLS: Add the photos of your property to the MLS listing as per your package.
  5. Upload all Documents: Upload all the documents from Home Owners Association to Proof of Ownership.

Services/Packages

Mink Realty offers a range of services tailored to meet the diverse needs of their clients. Mink Realty offers three flat fees MLS listing packages.

  • Silver Package – $299 + $250 at Closing: Best for selling land or lot. Additionally, the package includes a listing term of 6 months with 6 photos. Moreover, your listings get syndicated to Zillow, Trulia, and Realtor.com. and local realtor sites.
  • Gold Package – $499 + $250 at Closing: The package includes services similar to Silver Package plus a yard sign, 50 photos, a showing time scheduling system, and feedback where available.
  • Platinum Package – $999 + $250 at Closing: The package includes all the services mentioned above plus Realtor assistance with offers, contract review, negotiations, repair requests, etc.

» What’s My Home’s ValueYou can know your home’s market value with Houzeo’s free Home Worth Estimator. It helps you estimate the amount you will get upon sale.

Listing Upgrades

In all the plans, you have to purchase upgrades separately. Therefore, we’ve summarized a few upgrades below.

  • Realtor Assistance: $800
  •  Photo Change: $50
  •  Showing-Time Scheduling System: $100
  •  Feedback System: $100
  •  Open House Advertising on MLS: $25
  •  Supra Electronic Lock Box Rental: $100
  •  Combo Lock Box Rental: $45
  •  6-month Listing Extension: $250
  •  Professional Photos (Louisville area only): $200
  •  Mink Realty Yard Sign: $50
  • Upgrade from Silver to Gold: $200

👍 Pros of Mink Realty

Here are some of Mink Realty’s best features:

  • Buyer Lead Forwarding: All buyer leads are directly forwarded to you with no agent involvement.
  • Market Exposure: Your property will get syndicated on many local and national websites like Zillow, Trulia, Realtor.com, and many more.
  • Customer Support: Email support is available. Their Platinum package offers both email & phone support.
  • Coverage: Mink Realty covers the entire state of Kentucky.
  • Extensive Market Knowledge: Mink Realty’s team possesses in-depth knowledge of the local real estate market, providing clients with valuable insights.
  • Comprehensive Services: The agency offers a wide range of services, including property evaluation, marketing, legal assistance, and rental property management.

👎 Cons of Mink Realty

In our research, we found no big red flags with Mink Realty. Donna Mink has a stellar reputation within the broker community. 

Mink Realty, however, has a significant number of upgrades. If you choose a basic plan, we advise you to set aside money for these costs because they can quickly mount up.

Moreover, a lack of transparency in pricing can make it challenging for potential customers to assess the cost-effectiveness of their services.

Flat Fee Listing Services Near Me

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NortheastStates Flat Fee MLS Listing Companies in Connecticut | Flat Fee MLS Listing Companies in Maine | Flat Fee MLS Listing Companies in Massachusetts | Flat Fee MLS Listing Companies in New Hampshire | Flat Fee MLS Listing Companies in New Jersey | Flat Fee MLS Listing Companies in New York | Flat Fee MLS Listing Companies in Pennsylvania | Flat Fee MLS Listing Companies in Rhode Island | Flat Fee MLS Listing Companies in Vermont
NortheastCitiesFlat Fee MLS Listing Companies in Boston, MA | Flat Fee MLS Listing Companies in Long Island, NY | Flat Fee MLS Listing Companies in Rochester, NY | Flat Fee MLS Listing Companies in Syracuse, NY | Flat Fee MLS Listing Companies in Pittsburgh, PA
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Conclusion

Mink Realty is an established FFM company with notable strengths and weaknesses. Their knowledgeable team and comprehensive services can be advantageous for sellers. 

However, the lack of transparency in pricing might deter potential customers. It is advisable to thoroughly evaluate your requirements and consider all aspects before engaging with Mink Realty or any real estate company.

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Frequently Asked Questions

1. Is Mink Realty Legit?

Yes, Mink Realty is a legitimate real estate service provider, offering MLS services in Kentucky and Indiana.

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