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Gave redfin an opportunity to sell my home, which i felt would sell for $325k As such, they profit from selling your data for marketing purposes, which helps to offset the cost charged to you by the individual agent. The agent viewed the house and proposed a listing price of $300k, and when pushed, insisted it would not appraise for more the $305k

I contact my buying agent, who was also aligned with our $325k listing price, so we decided to list with her. Redfin (the company, not the individual agent) is a technology company I just learned about redfin's 1% fee service to sell a homeowner's house

That seems too low to be true, but maybe it is

I have to admit it feel like being robbed to hand over $18,000 to agents when selling a $300,000 home at a 6% commission My previous house sold for $90,000 with $5,400 going to agents at a 6% commission What makes selling a $300,000 home worth that. How long does it take for a zillow, redfin, etc listing to say “pending” “contingent” or “under contract” after an offer is accepted?

Redfin is a very efficient way of buying a house, it’s easy to get in and see things, their offer system is good, and the agents are usually experienced But like any other brokerage, some agents are great, and some agents suck You should research the agent rather than just assuming everyone is the same there. Redfin agents get paid their salary whether or not they do a good job

They don’t have the same pressure to go out of their way to keep clients happy

Doesn’t mean that all of them are bad, but just that they don’t have the same level of incentive to work their asses off. Redfin may have some options, look for other companies in the real estate space and other roles How accurate is redfins home estimate Has anyone checked redfin then got an appraisal and have it be totally different?

With redfin, you’re much more an employee than a real estate agent You’re paid a salary and yes, you get a bonus if you make a sale and get a good review, but it’s nothing like the money you make as a solo agent You’re going to play by all of redfin’s rules and systems Redfin is for agents who can’t or don’t want to generate their own business

Being an agent is all about lead.

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