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Minneapolis Multiple Listing Service
The Minnesota Flat Fee MLS listing (a multiple listing service) is an innovative take on timeless real estate practices. Maybe real estate isn't your area of interest, but saving money likely is.
The Minnesota Flat Fee MLS Listing
The flat fee multiple listing service still reaps all the benefits of listing a property for the real estate agents of house hunters to bring a parade of young couples, singles and retirees in to look around. What's missing is the commission fee, which is typically between six and seven percent, which must be paid before the condo, loft or six bedroom semi-manison can be placed in the local multiple listing service.
Well, then just don't list it! Hmm, there's a suggestion. The problem with not placing a to die for piece of land in the MLS is that many relators representing aspiring home owners simply won't have information on the real estate steak and lobster that you're chomping on. The multiple listing service is the only game in town for some real estate agents, as some listing relators (those would be the relators representing you) do a commission split, half of their six-seven percent, with whatever agent brings the bacon, or in this case, the buyer.
Typically, that would mean that you'd end up tight-lippedly forking over the commission and stomp away with your tail between your legs. Not anymore. The MLS flat fee craze sweeping the country has found it's way to Minnesota. With the Minnesota Flat Fee MLS listing you may never have to pay a six percent commission again.
Benefits of the Minnesota Flat Fee MLS
With the Minnesota Flat Fee MLS listing, you pay your real estate guru a flat rate, no commission to that real estate broker, to place your home in the communities multiple listing service. The only remaining issue is paying the commission for the lucky agent crafty enough to talk someone into buying your house-at the full asking price. You will have to pay that commission, generally between three and four percent. But that's just one commission at half the rate you'd normally pay.
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Minnesota Real Estate News
Central Minnesota real estate market is up; lower-priced properties still dominate increase Fri, 03 Feb 2012 22:33:01 -0800 The Central Minnesota real estate market warmed up in 2011 as pending sales jumped more than 12 percent and new listings declined 6.6 percent from 2010. Real estate market shows pulse, but not yet roaring back to life Wed, 11 Jan 2012 15:56:41 -0800 Minnesota's real estate industry enjoyed some improvement in 2011, but don't expect a roaring comeback this year. Rochester Minnesota Realtor Julie Fink Helps Residents Avoid Foreclosure Amid Growing Real Estate Market Mon, 16 Jan 2012 00:07:51 -0800 Leading Rochester MN Realtor Julie Fink is helping people throughout the Rochester area avoid foreclosure by assisting them in the “short sale” process, providing her expertise in real estate to homeowners facing a difficult problem. ... Central Minnesota real estate market improves in 2011 Fri, 03 Feb 2012 11:04:39 -0800 The Central Minnesota real estate market warmed up in 2011 as pending sales jumped more than 12 percent and new listings declined 6.6 percent from 2010. Midwest Real Estate Data's Share My Listings (SMyL) Widget Boosts Social Media Presence for Realtors(R) Mon, 23 Jan 2012 09:21:00 -0800 LISLE, IL-- - Social media has become a vital component in the marketing strategy employed by today's real estate professionals. Many have incorporated vehicles such as Facebook and Twitter into their ...
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