Minnetonka Realty’s unique marketing program provides the homeowner with the opportunity to take advantage of the low commission rates of our variable rate commission schedule. These rates are 100% negotiable and determined by who procures the buyer, not by the amount of services provided. This commission schedule rewards the homeowner if they find a buyer and also rewards the selling real estate agent when they bring a qualified buyer to the table.
2% Commission if the Homeowner procures the Buyer *
We will pre-qualify the buyer, prepare all the contracts and paperwork, negotiate all contracts and handle all the aspects of the transaction through the successful closing.
4% Commission if We procure the Buyer *
We will pre-qualify the buyer, prepare all the contracts and paperwork, negotiate all contracts and handle all the aspects of the transaction through the successful closing. We will represent you and your Best Interest. We always maintain our fiduciary responsibility to you whether we are representing you in the sale of your current home or in the purchase of your new home.
6% Commission if another Real Estate Agent procures the Buyer.
We will verify the buyer’s qualifications, prepare all the contracts and paperwork, negotiate all contracts and handle all the aspects of the transaction through the successful closing. The selling real estate agent will represent the buyer and we will represent you and your Best Interests as the Seller. At Closing the selling real estate agent will be paid 2.7% of the selling price of your home (45% of the total Commission that was paid to Minnetonka Realty, Inc.)
Broker Administrative Fees.
Minnetonka Realty does not charge any Administrative Fees on top of the commission. Most Twin Cities real estate companies charge an admin fee ranging from $399 – $1,400+
* The 2% & 4% commission options above are available from the time the listing contract is signed until the time your property is placed into the Multiple Listing System (MLS). When your property is placed into the MLS, or if another real estate agent is involved in the sale, the total commission will be 6%.
