Starting September 1, duplex homeowners looking to lease their units will be able to list them on the Minneapolis/St Paul MLS.
This will help more property owners expose their vacancies to a greater number of prospective tenants, as well as provide a centralized destination for people to find places to live.
It will also help duplex sellers who are having difficulty finding a buyer market their property for rent until market conditions improve.
The rental section of the MLS will feature single-family homes, condos, townhouses, apartments, duplexes, triplexes and fourplexes.
Listing your rental on the MLS can be done through any Realtor who’s a member of the MLS. The listing must include an offer of compensation; an amount that will be a flat dollar amount rather than a percentage.
Rental listings will look much like those for properties that are for sale, including a list of amenities, length of the lease, rent amount and one or more photos.
Properties being actively marketed for sale may also be listed separately as rentals; resulting in two listings and two MLS numbers.
If you’re interested in getting your property rented, call me. I’d be happy to help you get it on the MLS.