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Kerkhoff Auction and Real Estate

Kerkhoff Auction and Real Estate Services

Real Estate Brokerage · Redwood Falls, Minnesota

12:37 AM in Redwood Falls Directions

Here is what working with Kerkhoff Auction and Real Estate in Redwood Falls typically covers, from the first consultation to closing day. Services and terms vary, so confirm the details in your written agreement.

Buyer services

Buyer strategy session

Clarifies budget, loan pre-approval status and the representation agreement now required in Minnesota.

Showings in Redwood Falls

Scheduling private tours, previewing listings and flagging issues worth a closer look.

Offer strategy and negotiation

Comparable sales, offer terms, contingencies and inspection negotiations.

Closing coordination

Working with your lender, inspector and title company through closing.

For home sellers

Listing price strategy

Comparable sales and current competition used to set a realistic asking price.

Pre-listing checklist

Which repairs are worth doing, decluttering and photo-day preparation.

Marketing the listing

MLS exposure, online listing portals, signage and open houses where they make sense.

Offer review and negotiation

Comparing offers on price, terms and financing strength, then negotiating to a signed contract.

How a typical transaction works

  1. ConsultA first conversation about goals, budget and timing — and a written agreement that spells out services and compensation.
  2. PrepareBuyers get pre-approved; sellers review a pricing analysis and prepare the home for photos.
  3. Market & tourListings go live on the MLS; buyers tour homes and compare recent sales.
  4. NegotiateOffers, counteroffers, inspection requests and appraisal issues are worked through.
  5. CloseFinal walk-through and signing with the title or escrow company under Minnesota rules.

Typical costs on a Redwood Falls home

Illustrative figures for a home at the local typical value of $173,309. Real numbers depend on your agreement, lender and title company.

ItemRateOn $173K
Listing-side commission (negotiable)2.5–3%$4,333–$5,199
Buyer-side compensation (negotiable)2–3%$3,466–$5,199
Buyer closing costs (lender, title, escrow)2–5%$3,466–$8,665
Home inspectionflat$350–$600

Every percentage above is negotiable and is set in the written agreement. Typical value from the Zillow Home Value Index (August 2026).

Seller net proceeds

Starts from the typical Redwood Falls home value. Every percentage is negotiable; enter your own.

Commission—
Closing costs—
Estimated net—

Questions about these services

How are real estate agents paid in Minnesota?
Compensation is negotiable and set out in writing. Sellers sign a listing agreement; since August 2024 buyers sign a written buyer agreement before touring homes with an agent, stating what the agent will be paid and by whom.
Does Kerkhoff Auction and Real Estate work with both buyers and sellers?
Most agents and brokerages represent both, but not in the same transaction without written consent. Ask how Kerkhoff Auction and Real Estate handles dual agency or designated agency under Minnesota law.
What should I prepare before the first meeting?
Buyers: a mortgage pre-approval, a target budget and a list of must-haves. Sellers: your mortgage payoff estimate, a list of upgrades with dates, and any HOA or survey documents.