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. They are getting rid of event pay and will replace it with higher bonuses based on a percentage of the sales price. One Redfin agent caused us a delayed closing after wells of trying to get a termite report. How Does Redfin Work for Sellers? How accurate is Zillow’s Zestimate? Working with Redfin agents has been less than pleasant. Great resources for Agents, training, software, expense reimbursement, less competitive team culture (for some markets). Advantages of Redfin. There are no different pros and cons of selling a house using Redfin vs a different brokerage. 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. Take Redfin, for instance. Other Reddit users praised Redfin’s efficiency, its agents’ professionalism, how quickly their homes sold, and the ease of the process. REDFIN’s agents often work like UBER drivers, where they take appointments on a mobile app for a flat fee. I have been working at Redfin full-time for more than 3 years. 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. Pros. They got rid of survey based pay. So you will be seeing different agents when you work with REDFIN. 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. 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. But the Redfin feature that can have the most impact on the seller experience is the Redfin agent model. REDFIN absolutely has shortcomings, especially for the first time buyers, who have lots of questions that a full service agent can better answer. The number one advantage of Redfin is in cost savings. 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. 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. 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. 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