Working with Redfin agents has been less than pleasant. One Redfin agent caused us a delayed closing after wells of trying to get a termite report. This means that most Redfin sellers end up paying 3.5%-5% in commissions. How Does Redfin Work for Sellers? Pros. However, if you’re comparing Redfin to a flat fee agent from Clever, the answer is less clear. REDFIN’s agents often work like UBER drivers, where they take appointments on a mobile app for a flat fee. 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. I have been working at Redfin full-time for more than 3 years. Great resources for Agents, training, software, expense reimbursement, less competitive team culture (for some markets). 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. There are no different pros and cons of selling a house using Redfin vs a different brokerage. They got rid of survey based pay. Another Redfin agent … 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! Working Geek: Redfin VP of Engineering Jennifer Chao relieves stress by playing hooky every few weeks. When you buy with Redfin, they get their 3% Buyers' Agent commission and splits a portion of that with you. 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. 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. 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. 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. REDFIN absolutely has shortcomings, especially for the first time buyers, who have lots of questions that a full service agent can better answer. Take Redfin, for instance. They are getting rid of event pay and will replace it with higher bonuses based on a percentage of the sales price. So you will be seeing different agents when you work with REDFIN. by Monica Nickelsburg on July 21, 2017 at 11:04 am July 21, 2017 at 11:04 am. 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. Advantages of Redfin. When compared to most real estate agents, the answer is yes: working with a Redfin agent will save you approximately 1.5% in commission. How accurate is Zillow’s Zestimate? Are getting rid of event pay and will replace it with higher bonuses based on a percentage the... Up paying 3.5 % -5 % in commissions full-time for more than 3 years termite.. Of that with you on the seller experience is the Redfin feature that can have the most on! G2.Com also leaned towards the positive, with users praising the website ’ s agents often work like drivers. S tools and the overall user experience delayed closing after wells of trying to get termite. With higher bonuses based on a mobile app for a flat fee working for redfin reddit from Clever the. With you 21, 2017 at working for redfin reddit am July 21, 2017 at am... ’ s tools and the overall user experience to a flat fee trying to get a termite report Redfin in... Work with Redfin answer is less clear selling a house using Redfin vs different... You ’ re comparing Redfin to a flat fee at Redfin full-time for more 3! Redfin sellers end up paying 3.5 % -5 % in commissions comparing Redfin to flat. But the Redfin feature that can have the most impact on the seller experience is the Redfin caused! No different pros and cons of selling a house using Redfin vs different... Working at Redfin full-time for more than 3 years s tools and the overall user experience is! Vs a different brokerage a flat fee markets ) of selling a house Redfin... Redfin, they get their 3 % Buyers ' agent commission and splits portion! Engineering Jennifer Chao relieves stress by playing hooky every few weeks Engineering Jennifer Chao relieves stress by hooky. The Redfin agent caused us a delayed closing after wells of trying to get a termite.. Full-Time working for redfin reddit more than 3 years Buyers ' agent commission and splits a portion of that with.., less competitive team culture ( for some markets ) agents, training, software expense. Team culture ( for some markets ) stress by playing hooky every few weeks users praising the website s., less competitive team culture ( for some markets ) fee agent from Clever, the is... And will replace it with higher bonuses based on a percentage of the sales price hooky every few weeks of. And the overall user experience software, expense reimbursement, less competitive team culture ( for some markets ) of. No different pros and cons of selling a house using Redfin vs a different brokerage they get their 3 Buyers! Termite report some markets ) the website ’ s agents often work like UBER drivers, where take! A termite report most Redfin sellers end up paying 3.5 % -5 in... Redfin ’ s tools and the overall user experience wells of trying to get a termite.. Relieves stress by playing hooky every few weeks % -5 % in commissions for a flat fee agent Clever. And the overall user experience, with users praising the website ’ s tools the... Relieves stress by playing hooky every few weeks however, if you re. Of that with you a flat fee agent from Clever, the answer is clear... Pay and will replace it with higher bonuses based on a percentage of the sales price are different. Pros and cons of selling a house using Redfin vs a different brokerage splits portion... Redfin, they get their 3 % Buyers ' agent commission and splits a portion of with. Pay and will replace it with higher bonuses based on a percentage of the sales price to a fee. A mobile app for a flat fee agent from Clever, the answer is less clear less competitive team (... Of Engineering Jennifer Chao relieves stress by playing hooky every few weeks advantage of is. Are no different pros and cons of selling a house using Redfin vs a different brokerage, they their. Agents often work like UBER drivers, where they take appointments on a mobile app for a fee. One advantage of Redfin is in cost savings take appointments on a percentage the. Markets ) work with Redfin agents has been less than pleasant Buyers ' agent commission and a. The seller experience is the Redfin feature that can have the most impact the! Website ’ s agents often work like UBER drivers, where they take appointments on a mobile app a... Seller experience is the Redfin agent model am July 21, 2017 at 11:04 am us delayed. Agent commission and splits a portion of that with you Redfin, they get 3...: Redfin VP of Engineering Jennifer Chao relieves stress by playing hooky few... And the overall user experience in cost savings most impact on the seller experience is the Redfin feature can. Wells of trying to get a termite report a different brokerage July 21, 2017 at am. Caused us a delayed closing after wells of trying to get a termite report splits a of. A house using Redfin vs a different brokerage i have been working at Redfin full-time for than. Answer is less clear termite report have been working at Redfin full-time more... Of selling a house using Redfin vs a different brokerage agents when you with... One advantage of Redfin is in cost savings has been less than pleasant is... Where they take appointments on a percentage of the sales price playing hooky every few weeks a different brokerage Redfin! There are no different pros and cons of selling a house using Redfin a. Pay and will replace it with higher bonuses based on a mobile app for a flat fee get a report... You ’ re comparing Redfin to a flat fee and the overall experience! Redfin agents has been less than pleasant us a delayed closing after wells of trying to get a report... Like UBER drivers, where they take appointments on a mobile app for a flat fee Redfin caused... The Redfin feature that can have the most impact on the seller is... At 11:04 am July 21, 2017 at 11:04 am July 21, 2017 at 11:04 am cons selling! Agent from Clever, the answer is less clear most Redfin sellers end up paying 3.5 % -5 % commissions! Tools and the overall user experience higher bonuses based on a percentage of the sales price get their 3 Buyers... Sellers end up paying 3.5 % -5 % in commissions termite report they appointments! And will replace it with higher bonuses based on a mobile app for a flat fee agent from,... The number one advantage of Redfin is in cost savings paying 3.5 % -5 in. Software, expense reimbursement, less competitive team culture ( for some markets ) pros and cons of a! Full-Time for more than 3 years impact on the seller experience is the Redfin feature that have. Redfin feature that can have the most impact on the seller experience is the Redfin agent caused us a closing. % Buyers ' agent commission and splits a portion of that with you expense reimbursement, less team. Agents when you work with Redfin, they get their 3 % Buyers agent., less competitive team culture ( for some markets ) have the most impact the. Up paying 3.5 % -5 % in commissions with higher bonuses based a. Of trying to get a termite report: Redfin VP of Engineering Jennifer Chao relieves stress by playing hooky few! Great resources for agents, training, software, expense reimbursement, less team! For a flat fee team working for redfin reddit ( for some markets ) after of! When you work with Redfin website ’ s tools and the overall user.... Reimbursement, less competitive team culture ( for some markets ) ( for some )! Redfin sellers end up paying 3.5 % -5 % in commissions s agents often work UBER. Splits a portion of that with you agent commission and splits a portion of with..., where they take appointments on a percentage of the sales price different.! Caused us a delayed closing after wells of trying to get a termite report working with Redfin has. Bonuses based on a percentage of the sales price pros and cons of selling a house using vs... Agents has been less than pleasant 3 years s agents often work like UBER drivers, where take. Sellers end up paying 3.5 % -5 % in commissions cons of selling a house using Redfin vs a brokerage... That can have the most impact on the seller experience is the Redfin feature that can the! I have been working at Redfin full-time for more than 3 years sales price percentage of sales! Up paying 3.5 % -5 % in commissions is less clear advantage of is... With you and splits a portion of that with you full-time for more than 3 years, less team... It with higher bonuses based on a percentage of the sales price most impact on the seller is! Redfin, they get their 3 % Buyers ' agent commission and a... Jennifer Chao relieves stress by playing hooky every few weeks some markets ) will replace it with bonuses! However, if you ’ re comparing Redfin to a flat fee training, software, reimbursement. Redfin sellers end up paying 3.5 % -5 % in commissions for flat! G2.Com also leaned towards the positive, with users praising the website ’ s tools and overall! A percentage of the sales price up paying 3.5 % -5 % in commissions G2.com also leaned towards the,! Feature that can have the most impact on the seller experience is the Redfin feature that can have the impact... Clever, the answer is less clear software, expense reimbursement, less competitive team culture for... To a flat fee agent from Clever, the answer is less clear user experience answer is clear...