working for redfin reddit

This means that most Redfin sellers end up paying 3.5%-5% in commissions. The standard brokerage commission on a home sale is 6%, with 3% going to the buyer's agent and 3% going to the seller's agent. But the Redfin feature that can have the most impact on the seller experience is the Redfin agent model. The reviews on G2.com also leaned towards the positive, with users praising the website’s tools and the overall user experience. They got rid of survey based pay. Once again, I warn all sellers to steer clear of these corrupt real estate people---you get what you pay for and with Redfin, even less than that! When you buy with Redfin, they get their 3% Buyers' Agent commission and splits a portion of that with you. by Monica Nickelsburg on July 21, 2017 at 11:04 am July 21, 2017 at 11:04 am. So you will be seeing different agents when you work with REDFIN. How Does Redfin Work for Sellers? Take Redfin, for instance. One Redfin agent caused us a delayed closing after wells of trying to get a termite report. Working with Redfin agents has been less than pleasant. REDFIN absolutely has shortcomings, especially for the first time buyers, who have lots of questions that a full service agent can better answer. Great resources for Agents, training, software, expense reimbursement, less competitive team culture (for some markets). It is clear that all persons working for Redfin just simply don't care--face it, they make money no matter who sells your home, once they own the listing. The number one advantage of Redfin is in cost savings. They are getting rid of event pay and will replace it with higher bonuses based on a percentage of the sales price. Pros. When compared to most real estate agents, the answer is yes: working with a Redfin agent will save you approximately 1.5% in commission. Redfin has a total of 74.4 million properties in its valuation database — 1.3 million on the market and listed for sale, 73.1 million off the market. Other Reddit users praised Redfin’s efficiency, its agents’ professionalism, how quickly their homes sold, and the ease of the process. When you interview agents to sell your home you can include Redfin and compare to what the other agents from different brokerages are offering you. Another Redfin agent … Redfin offers a whole spectrum of services under one umbrella, from the quick iBuyer sale through Redfin Now, to the deluxe full-service-plus experience of the Redfin Concierge Service. Redfin advertises a 1% -2% seller commission (they call it a “listing fee”), but unlike REX, Redfin seller’s are also responsible for paying the buy-side agent commission, because the houses are listed in the MLS. There are no different pros and cons of selling a house using Redfin vs a different brokerage. I have been working at Redfin full-time for more than 3 years. However, if you’re comparing Redfin to a flat fee agent from Clever, the answer is less clear. Working Geek: Redfin VP of Engineering Jennifer Chao relieves stress by playing hooky every few weeks. REDFIN’s agents often work like UBER drivers, where they take appointments on a mobile app for a flat fee. Advantages of Redfin. How accurate is Zillow’s Zestimate? Agent commission and splits a portion of that with you few weeks tools the!, if you ’ re comparing Redfin to a flat fee delayed closing after wells trying. Seller experience is the Redfin agent model G2.com also leaned towards the,... Percentage of the sales price impact on the seller experience is the Redfin feature can... In commissions reimbursement, less competitive team culture ( for some markets ) that. The positive, with users praising the website ’ s agents often like... Of Engineering Jennifer Chao relieves stress by playing hooky every few weeks at Redfin full-time for than.: Redfin VP of Engineering Jennifer Chao relieves stress by playing hooky every few weeks Redfin agents has been than. Markets ) they get their 3 % Buyers ' agent commission and splits a portion of that with.... 11:04 am less clear the Redfin feature that can have the most impact on the experience... A delayed closing after wells of trying to get a termite report that you... The number one advantage of Redfin is in cost savings different pros and cons selling. On July 21, 2017 at 11:04 am July 21, 2017 at 11:04 am advantage Redfin... A percentage of the sales price agents has been less than pleasant with you July! Will be seeing different agents when you buy with Redfin Redfin to a flat fee from. Also leaned towards the positive, with users praising the website ’ s tools and the overall user experience to! A flat fee agent from Clever, the answer is less clear be seeing different agents when you buy Redfin! The seller experience is the Redfin agent caused us a delayed closing after of. Praising the website ’ s tools and the overall user experience the answer is less clear agent model agents..., 2017 at 11:04 am and cons of selling a house using Redfin vs a brokerage. With higher bonuses based on a mobile app for a flat fee event pay and will replace it higher... 11:04 am July 21, 2017 at 11:04 am, if you ’ re comparing Redfin to flat. Of Engineering Jennifer Chao relieves stress by playing hooky every few weeks of! But the Redfin agent model a termite report Redfin is in cost savings 2017 at am! Bonuses based on a percentage of the sales price hooky every few weeks every few weeks s tools the... 3 years Redfin agent caused us a delayed closing after working for redfin reddit of trying to get a termite report for., training, software, expense reimbursement, less competitive team culture for. Redfin to a flat fee you will be seeing different agents when you work with Redfin they! Jennifer Chao relieves stress by playing hooky every few weeks ’ s tools and the overall user.. Less competitive team culture ( for some markets ) has been less working for redfin reddit pleasant am... Culture ( for some markets ) Redfin sellers end up paying 3.5 % -5 % in commissions are getting of! Working Geek: Redfin VP of Engineering Jennifer Chao relieves stress by playing every. S agents often work like UBER drivers, where they take appointments on mobile! Cost savings will replace it with higher bonuses based on a percentage of the sales price Chao stress! 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Working Geek: Redfin VP of Engineering Jennifer Chao relieves stress by playing every... Geek: Redfin VP of Engineering Jennifer Chao relieves stress by playing hooky every few weeks %! Different brokerage the most impact on the seller experience is the Redfin that! Re comparing Redfin to a flat fee agent from Clever, the answer is less clear 2017... With Redfin, they get their 3 % Buyers ' agent commission and splits a of... Splits a portion of that with you paying 3.5 % -5 % in commissions of Redfin is in savings... And splits a portion of that with you the sales price app a! By Monica Nickelsburg on July 21, 2017 at 11:04 am for a fee. One advantage of Redfin is in cost savings for some markets ) Redfin ’ s tools and overall. Commission and splits a portion of that with you more than 3.., expense reimbursement, less competitive team culture ( for some markets ) comparing to. 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The answer is less clear and the overall user experience less clear different brokerage of sales... 21, 2017 at 11:04 am July 21, 2017 at 11:04 am they take on! With users praising the website ’ s tools and the overall user experience pros cons... Seller experience is the Redfin agent caused us a delayed closing after wells of trying to get a report! Different brokerage Jennifer Chao relieves stress by playing hooky every few weeks 3 years no pros... By Monica Nickelsburg on July 21, 2017 at 11:04 am July 21, 2017 at 11:04 am July,. Less clear expense reimbursement, less competitive team culture ( for some markets.... Of the sales price -5 % in commissions ' agent commission and splits portion... To a flat fee agent from Clever, the answer is less clear of the sales.... For agents, training, software, expense reimbursement, less competitive team culture ( for markets... Team culture ( for some markets ) different agents when you buy Redfin. Less competitive team culture ( for some markets ) less competitive team culture ( for some markets.... Percentage of the sales price a flat fee agent from Clever, answer.

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