Starting September 1, duplex home owners 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.