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Updated almost 5 years ago on . Most recent reply

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251
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224
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Sean Sloop
  • Real Estate Agent
  • Grand Rapids, MI
224
Votes |
251
Posts

TIPS for FSBO or Selling with Redfin?

Sean Sloop
  • Real Estate Agent
  • Grand Rapids, MI
Posted

Hi All, 

Looking for some advice and tips regarding selling my Twin Cities, MN home without a realtor. I live in a townhome in a desirable neighborhood so I am not too worried about demand. 

I see redfin has a 1.5% listing fee - has anyone done this before?

Any other tips or advice with selling your home FSBO?


Thanks!

Most Popular Reply

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688
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594
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Amber Gonion
  • Real Estate Broker
  • Hugo, MN
594
Votes |
688
Posts
Amber Gonion
  • Real Estate Broker
  • Hugo, MN
Replied

@Sean Sloop the catch must be that it is 1.5% for the listing, but you still need the commission for the buyers agent so add on the typical 2.7-3% buyer’s commission and they are at 4.2%-4.5%. We do that all the time.

When anyone puts a property on the MLS you need to disclose the amount that will be paid to the buyer's agent. Keeps everything above board.

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