Property Broker

What Property Broker does

Property Brokers of Minnesota is a privately-held, family-owned residential real estate brokerage headquartered in Rochester, Minnesota. Founded in 2006 by Harvey Ratzloff, the firm transitioned ownership to Brian and Alisa Rossow in 2022, who continue the family-run tradition. The company provides full-service real estate brokerage services to home buyers and sellers in Rochester and the broader Southeastern Minnesota market through a network of approximately 22 independent Realtors. Its core offerings include buying and selling assistance, an online property listings platform, new construction representation, foreclosure transaction expertise, and property management, all delivered through direct agent-client relationships on a transaction-fee commission model.

The business operates on a traditional residential real estate commission structure with no disclosed public pricing, supplemental fees, or alternative revenue streams identified. Distribution is exclusively through its 22-Realtor agent network, with no franchise or branch model, and the company maintains a single headquarters (3157 Superior Dr NW, Rochester) with one secondary Rochester address and a satellite office in Spring Valley, MN. Technology infrastructure is conventional for the industry: a website with property listings and lead-capture forms, Google Analytics, and standard social media presence on Facebook, Instagram, and LinkedIn. No proprietary technology, AI/ML systems, mobile applications, API integrations, patents, or formal certifications were identified in the available data.

The company's go-to-market relies on local market expertise, long-tenured agent relationships, community involvement (chamber of commerce, networking groups, neighborhood events), and referral-based business. Its competitive positioning is built on decades of combined agent experience and institutional relationships through MLS board service, including Brian Rossow's leadership roles at SEMN MLS and Northstar MLS. The firm has no external investors, no parent company, no disclosed funding events, and operates solely within the Southeastern Minnesota regional market.

Name

Property Broker

Legal name

Property Brokers of Minnesota

Website

https://propertybrokersofmn.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

11–50 employees

Short description

Property Brokers of Minnesota is a privately-held, family-owned residential real estate brokerage serving Rochester, MN and Southeastern Minnesota through a network of 22 independent Realtors offering home buying, selling, new construction, and property management services on a commission basis.

Ownership category

akta.pro rank

Product category

Residential Real Estate Brokerage

NAICS

Offices of Real Estate Agents and Brokers (53121)

SIC

Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Traditional Residential Brokerage (Existing Homes) (BPAJAAAA)

akta.pro secondary industry

Buyer Representation Services (BPAJAAAJ)

Keywords

• Residential real estate brokerage
• Property buying services
• Property selling services
• Realtor network
• Local market expertise

Headquarters

HQ city

Rochester

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Real Estate Commissions: The company earns revenue through real estate commissions on property sales and purchases. Agents work with clients to buy and sell homes, earning a percentage of the transaction value.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Property Brokers of Minnesota is a family-owned real estate brokerage that provides residential property buying and selling services through a network of 22+ independent Realtors in Rochester, MN and Southeastern Minnesota. Agents guide individual clients through complete property transactions from initial consultation to closing. The firm also offers property listings through its website and recruits independent Realtors via a partnership program with reduced operational costs.

Product overview

Property Brokers of Minnesota operates as a single-location real estate brokerage offering a unified service model rather than a platform-plus-modules architecture. The core offering consists of residential real estate buying and selling services delivered through a network of independent realtors and broker associates. The company provides an online property listings platform for clients to browse available homes. A supplementary realtor partnership program enables independent agents to join the brokerage with reduced operational costs. All services are geographically focused on Rochester, MN and Southeastern Minnesota communities.

Differentiator

Problem solved

Functional benefit

Products and services

• Real Estate Buying and Selling Services
• Realtor Partnership Program

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core and minor.

• Northstar MLScoreTechnology or Integration · 1 January 2018Following SEMN MLS consolidation with Northstar MLS in 2018, Brian Rossow has continued to serve as a member of the Northstar MLS board, including serving as its chair in 2022.
• SEMN MLS (South East Minnesota MLS)coreTechnology or Integration · 1 January 2013Brian Rossow was appointed to SEMN MLS in 2013 and served as MLS President from 2017-2018. The MLS consolidated with Northstar MLS during his tenure. Brian continues to serve on the Northstar MLS board from 2018 to present.
• Southeast Minnesota Association of REALTORScoreOthers · 1 January 2000Rich Batchelor served as President of the Southeast Minnesota Association of REALTORS in 2000-2001. Tracie Fogelson has served as both President of the Southeast Minnesota Realtors and President of the Minnesota Realtors. The company maintains active involvement in local and state realtor associations.
• Minnesota RealtorscoreOthersTracie Fogelson served as President of the Minnesota Realtors organization. She continues to serve on several committees at the local, state, and national level.
• Real Estate Educators AssociationminorOthersBrian Rossow is a member of the Real Estate Educators Association and teaches other Realtors on various topics including ethics and fair housing.

Scale indicators4 records

Recent moves5 records

Expansion highlights3 records

Emerging players

• Redfin: Tech-enabled residential brokerage and portal offering lower-commission, salaried-agent services. Competes with Property Brokers for the same Rochester/Southeastern Minnesota residential buyer and seller demand with a differentiated technology-led model.
• eXp Realty: Cloud-based, agent-centric brokerage with high commission splits and rapid agent recruitment. Increasingly competes for independent agents in smaller markets like Rochester and could directly challenge the firm's partnership program.
• Real Brokerage: Tech-enabled, cloud-based residential brokerage offering high commission splits and equity participation to attract agents. Comparable as a competitive threat for independent realtor talent in Minnesota.

Broad incumbents

• RE/MAX: Global residential real estate franchise with a strong Minnesota presence, including in Rochester. Directly comparable in offering traditional agent-based residential brokerage services with a similar commission model and franchise structure.
• Keller Williams Realty: Large national residential brokerage operating on an agent-centric, commission-based model. Competes with Property Brokers for the same residential agent talent and consumer relationships in Minnesota markets.
• Century 21: Global residential real estate franchise with a strong presence in smaller U.S. markets including Minnesota. Comparable in serving similar residential buyer/seller segments through an independent-agent franchise model.
• Berkshire Hathaway HomeServices: National residential real estate franchise network (parent of Edina Realty in Minnesota). Directly comparable as a traditional full-service brokerage brand competing for Rochester-area agents and clients.
• Coldwell Banker: Major national residential brokerage franchise with established Minnesota agent networks. Comparable in providing traditional full-service residential representation and competing for the same buyer/seller relationships in the Rochester region.

Others

• Zillow: Leading residential real estate portal and lead-generation platform. Not a direct brokerage competitor but a key ecosystem participant — its listings, Zestimate data, and Premier Agent leads directly shape demand and lead flow for the firm.

Regional players

• Edina Realty: Long-established Minnesota-based residential brokerage (now Berkshire Hathaway HomeServices Edina Realty) operating across the Twin Cities and Greater Minnesota. Directly comparable as a regional residential brokerage serving the same Minnesota consumer base with a similar agent-network model.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks4 records

Key highlights5 records

Customer concentration

• Facebookfacebook.com/PropertyBrokersOfMinnesota
• LinkedInlinkedin.com/company/property-broker

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Property Broker