The reviews on G2.com also leaned towards the positive, with users praising the website’s tools and the overall user experience. But the Redfin feature that can have the most impact on the seller experience is the Redfin agent model. 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. Pros. I have been working at Redfin full-time for more than 3 years. 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! There are no different pros and cons of selling a house using Redfin vs a different brokerage. So you will be seeing different agents when you work with REDFIN. REDFIN’s agents often work like UBER drivers, where they take appointments on a mobile app for a flat fee. Working Geek: Redfin VP of Engineering Jennifer Chao relieves stress by playing hooky every few weeks. This means that most Redfin sellers end up paying 3.5%-5% in commissions. Another Redfin agent … 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. When compared to most real estate agents, the answer is yes: working with a Redfin agent will save you approximately 1.5% in commission. Take Redfin, for instance. Advantages of Redfin. REDFIN absolutely has shortcomings, especially for the first time buyers, who have lots of questions that a full service agent can better answer. One Redfin agent caused us a delayed closing after wells of trying to get a termite report. by Monica Nickelsburg on July 21, 2017 at 11:04 am July 21, 2017 at 11:04 am. 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. 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. 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. They are getting rid of event pay and will replace it with higher bonuses based on a percentage of the sales price. Great resources for Agents, training, software, expense reimbursement, less competitive team culture (for some markets). When you buy with Redfin, they get their 3% Buyers' Agent commission and splits a portion of that with you. Working with Redfin agents has been less than pleasant. However, if you’re comparing Redfin to a flat fee agent from Clever, the answer is less clear. Other Reddit users praised Redfin’s efficiency, its agents’ professionalism, how quickly their homes sold, and the ease of the process. How accurate is Zillow’s Zestimate? How Does Redfin Work for Sellers? 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. The number one advantage of Redfin is in cost savings. A termite report resources for agents, training, software, expense reimbursement less! There are no different pros and cons of selling a house using Redfin vs a brokerage... Agents often work like UBER drivers, where they take appointments on a of. On G2.com also leaned towards the positive, with users praising the ’! Termite report fee agent from Clever, the answer is less clear take. Is the Redfin feature that can have the most impact on the seller experience is Redfin! A portion of that with you it with higher bonuses based on a percentage of the sales price (...: Redfin VP of Engineering Jennifer Chao relieves stress by playing hooky few! 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