Listing
Fee

Mpls Residential is a full-service real estate brokerage that harnesses a variety of selling service to maximize your homes reach to the most active buyers in today's marketplace. All of this is done by using the most cutting edge technology to streamline the pre-listing & listing process to help save you money on your largest investment. We offer lower fees than most traditional big box brokerages—1%—while delivering top-tier results.

Mpls Residential charges 1% listing fee to sell a home. As the seller, you are responsible for the buyer’s agent fee, which is typically 2.7% in Minnesota. Typically most real estate transactions have an agent representing both the buyer and seller. Remember, you only pay the agent’s fees at the time your home sells - typically out of your sales profits. Our team will help provide valuable insight on the selling process, local market data, and craft an individualized tailor-made plan to selling your home.

Commissions are based on a percentage of the home’s sale price. On average, Minnesota homeowners can expect to pay between 5–6% of the home’s sales price in real estate agent commissions - with 2.7% going to the buyer’s agent and the rest to the seller’s agent. For example, If you list your home for $300,000 with a traditional real estate agent, you can expect to pay around $18,000 in total commissions. $9,900 of the sales price will go to the listing agent and $8,100 will go to the buyer’s agent. With Mpls Residential, you will only pay a 1% fee your listing agent and 2.7% to the buyer’s agent - for a total commission of 3.7%.

Mpls Residential is a full-service brokerage with top, local agents who will help guide you every step of the way. We offer a free, no-obligation market evaluation and consultation with an agent who can discuss your property and offer a comprehensive strategy to maximize your return. When working with Mpls Residential, your home will be listed on the MLS, featured on Zillow & Trulia, receive professional photography, videography, virtual 3D property tour, a digital & social media marketing campaign, yard signs, property fliers, and a direct mail campaign. We also offer virtual staging for sellers that want a more customized home selling experience.

Check out our Sellers Guide which can take you through the process of selling your home, step by step, from the pre-market listing process, to the closing table. We pride ourselves on having some of the most well informed sellers in the market - knowing the sales process and what to expect puts you on a path to success when selling your home! Reach out to one of our Mpls Residential For more information!

Yes! Our Valuation Tool is the best place to start. It takes statistics from the MLS, Zillow, & Trulia on recently sold homes and gives you a range your home could sell for depending on condition, layout, etc. For a more precise estimate, contact a Mpls Residential Agent for a FREE in-home evaluation. If you're thinking of selling but want to test the market beforehand to gauge interest, we can pre-market your home as a pocket listing.