For Sale by Owner (FSBO): What This Means for the Buyer in Minneapolis?

For Sale by Owner (FSBO): What This Means for the Buyer in Minneapolis?
3 min read

If you are buying a home in Minneapolis, browsing for sale by owner (FSBO) listings can be a great start. Minneapolis FSBO homes offer you the chance to purchase directly from the owner, bypassing the need for a real estate broker or agent.

Financial advantages of Minneapolis FSBO:

One of the primary benefits of Minneapolis FSBO homes is the financial savings for both buyers and sellers.  

In traditional home sales, the seller usually pays a commission that is divided between the buyer's and seller's agents, often totaling 5% to 6% of the sale price. This can significantly cut into the seller's profits. In an FSBO transaction, however, these agent commissions are eliminated.

Eliminating the middleman not only simplifies the process but also directly benefits the buyer. This means that buyers don’t have to pay the standard 2% to 3% commission to their agent. By cutting out these fees, Minneapolis FSBO transactions can save both buyers and sellers money and time.

How does FSBO work for buyers in Minneapolis?

If you are interested in buying Minneapolis FSBO homes, start by checking the Multiple Listing Service (MLS), a comprehensive platform used by realtors. Properties listed on the MLS are also displayed on popular websites like Trulia.com, Realtor.com, and CBBurnet.com, offering greater visibility than sites like Craigslist or Zillow alone.

Navigating the MLS for Minneapolis FSBO listings doesn't have to be time-consuming. Engaging licensed real estate professionals who specialize in FSBO sales can streamline the process. They can provide access to the latest Minneapolis FSBO listings and offer expert advice, helping you make informed decisions.

Finding the right Minneapolis FSBO property!

If you’re interested in exploring Minneapolis FSBO homes, Real Estate Corners has up-to-date listings available on their website. They even provide a cash rebate of 0.5% or 1% to clients they represent as buyers. This rebate can lead to significant savings, making your purchase more cost-effective.

Visit Real Estate Corners or call (612) 483-1230 to start your journey toward buying an FSBO home in Minneapolis with the added advantage of expert guidance and potential cash rebates.

About the author:

Real Estate Corners is a licensed real estate company that has been operating in Minnesota since 2001. As leaders in the flat fee real estate industry, they offer homeowners two options to sell their properties while saving them thousands of dollars in selling commissions. With over 20 years of experience selling both residential and commercial properties, their team has the knowledge, expertise, and resources to deliver exceptional results for clients of all sizes. Providing top-quality service to each client is their number one priority, and their highly skilled and experienced professionals are committed to assisting you every step of the way.

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