Question: Is Redfin Better Than A Realtor?

Is Redfin a good realtor?

Redfin agents are generally good, yes.

Although they market themselves as a great place for an agent just starting out in the business, they have a vetting process in place, and they provide in-house training..

Can I ask my realtor to take a lower commission?

If one charges 2.5 percent commission and doesn’t include any advertising, you can ask them why they don’t do as their competitor does and include some advertising for the same commission. If their commission is half a percent higher than their competitors, ask them why.

Will selling pay off Redfin?

Typically 5% to 6% of your home’s sale price will go toward real estate agent commission when you sell your home. In most locations, this is split equally between your agent and the buyer’s agent. When you sell your home with a Redfin Agent, you pay a low 1%–1.5% listing fee.

How much does Redfin pay per showing?

AAs are paid per event. Each event type pays different rates. For example a single home tour is $50 and a Redfin listing open house is $120. I would say at least $200 a week, in the busier months maybe $500-1000/week depending on the market and how many agents are on a team.

Is Redfin really 1%?

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. This means that most Redfin sellers end up paying 3.5%-5% in commissions.

How is Redfin different from other Realtors?

Redfin is a brokerage, so it has access to the MLS (multiple listing service). Redfin functions much like a traditional brokerage but without conventional commission fees. Instead, their agents are paid a salary and bonuses based on their customer reviews. This is meant to ensure high-quality customer service.

Does Redfin have hidden fees?

There are other fees involved with Redfin – which they disclose in their ads. There is a 3.5% fee in addition to the 1% listing fee for buyers agents. There may be other fees as well. … I would talk to agents from more than one company and compare services and costs before listing with any one agent.

Is Redfin owned by Zillow?

Redfin is a real estate broker — Zillow is not. As a broker, Redfin actually employs real estate agents and brokers the deal. Across all real estate transactions, a broker is almost always used. … The Motley Fool owns shares of and recommends Zillow Group (A shares) and Zillow Group (C shares).

Is it worth selling with Redfin?

These redfin agents are completely passive and do not take any proactive steps to help you sell your home. I would strongly advise against using redfin to sell your home. Pay the extra 1% and get a real agent. The selling agent’s communication was less than desirable.

Why is Redfin so cheap?

The number one advantage of Redfin is in cost savings. … Redfin is able to do this because they pay their agents on a flat rate, rather than a percentage commission. Redfin’s other advantage, which you get even if you don’t buy through them, is one of the most well-designed real estate search engines available.

How are Redfin associate agents paid?

To Redfin Management- Pay your associate agents a salary and bonus. Flexible hours and variety of real estate jobs to do at different locations. … You are paid by event. The more events you do, the more you will be paid.

How much do Redfin associate agents make?

The typical Redfin Associate Agent salary is $3,099. Associate Agent salaries at Redfin can range from $1,016 – $4,933. This estimate is based upon 31 Redfin Associate Agent salary report(s) provided by employees or estimated based upon statistical methods.