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  1. Sep 19, 2024 · However, new rules effective August 17, 2024, now require buyers to agree to their agent’s fee in writing before beginning property tours. Although buyers can still ask the seller to cover the buyer’s agent’s fee, the new rules make the amount flexible and entirely negotiable. Sellers are no longer automatically expected to shoulder the ...

    • Who Should Use Redfin?
    • How Much Can I Save with Redfin?
    • Service Breakdown
    • Redfin reviews: What Customers Are Saying
    • How Redfin Works
    • Redfin Agent Quality and Selection
    • Bottom Line: Should I Use Redfin?
    • Related Reading
    • Methodology

    If Redfin services your area, it’s probably worth checking out. We gave Redfin a high score for its listing fee savings and positive customer reviews.It also stacks up well against the competition in terms of service quality. But if you’re mainly drawn to Redfin for the lower listing fees, know that Redfin isn’t your only option — and it’ll likely ...

    Like many low commission real estate brokerages, Redfin charges a 1.5% listing fee — about half the traditional rate. If you also buy a home with Redfin, you’ll pay just a 1% listing fee. Unlike its competitors, Redfin has high minimum fees in certain markets that may limit your actual savings.1This is more likely to affect you if your home’s sale ...

    Redfin agents offer full service and support to sellers and buyers. As a seller, you can expect to receive the following services from your agent: 1. Comparative market analysis(CMA) 2. Pricing guidance 3. Staging advice 4. Professional photography 5. Listing description and MLS listing 6. For-sale yard sign 7. Open house hosting 8. Guidance during...

    Redfin reviews from customers vary by location. The majority of customer reviews are on Redfin’s website, and those ratings tend to be higher than ratings on third-party sites. Customers praise the low fees, user-friendly home search platform, and ease of working with Redfin realtors. Negative Redfin reviews tend to criticize its business model for...

    What to expect as a seller

    For the most part, selling with Redfin is comparable to selling with a traditional brokerage. You can choose between the company’s standard package (Redfin Full Service) and two premium packages. If you sell and buy a home with Redfin within 12 months, you get a 0.5% rebateon your listing fee. With the standard package, your agent — or another Redfin team member — guides you through each stage of the selling process. They provide services like: 1. Pricing 2. Professional photography 3. 3D wal...

    What to expect as a buyer

    To buy a home with Redfin, you can sign up on its website. Depending on where you’re located, Redfin may match you with a Redfin Partner Agent instead of a Redfin staff member. Redfin Partner Agents aren’t employed by Redfin. Instead, they pay Redfin a referral fee for the business. Redfin’s platform makes it quick and easy to book house tours with agents, often enabling you to view homes the same day. You’ll be matched with a touring agent based on availability. If you decide to make an offe...

    Agent quality: All Redfin sellers and buyers work with a “lead agent,” who is fully licensed to oversee and advise on key aspects of your sale or purchase. Many lead agents are experienced and high-producers, but not all. Redfin requires only an active real estate license and 10 past-year or 20 lifetime transactions as minimum qualifications. You’l...

    If Redfin has a franchise location close to you, it’s probably worth checking out. It’s a well-known brand, has some highly experienced agents, and charges about half the typical listing commission. However, it’s important to work with a real estate agent who understands your local market. We recommend looking at 2-3 local agents: compare their cus...

    If you’re looking for the pros and cons of selling with Redfin, it’s important to compare ALL of your options for saving money. We recommend reading the following resources to learn about other ways to save. Discount Real Estate Brokers and Agents: Everything You Need to Know:Selling with a discount real estate broker like Redfin is often a very di...

    The Real Estate Witch team evaluated Redfin on a variety of factors, including savings, customer service, online reviews, agent quality, and how it compares to the competition. Our mission is to empower you to make an informed decision about whether Redfin is right for your next real estate transaction. Our low commission real estate brokerage rank...

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  2. In September 2024, home prices in California were up 3.9% compared to last year, selling for a median price of $815,500. On average, the number of homes sold was up 2.1% year over year and there were 22,223 homes sold in September this year, up 21,758 homes sold in September last year. The median days on the market was 36 days, up 8 year over ...

  3. Jun 26, 2024 · That might be because the California housing market is so expensive: The median price of an existing single-family home in the state was about $908,000, in May 2024, per the California Association ...

  4. Aug 26, 2024 · Redfin's standard listing fee is 1.5% of your home's final sale price, compared to the typical 2.5–3% listing fee most conventional realtors charge. You’ll also likely have to pay the buyer’s agent commission — sellers typically cover this fee from their sale proceeds. Buyer’s agent fees vary, but 2.5–3% is typical nationwide.

    • Elizabeth Boyd
  5. Aug 23, 2024 · Calculate your estimated commission in California. When selling a house in California, you'll pay an average of 4.99% of the home's sale price in realtor fees. For context, if you sell a home that costs $580,000, you'd typically pay around $28,942 in realtor fees; $57,884 for a $1,160,000 home; and $96,307 for a $1,930,000 home.

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  7. Aug 13, 2024 · Home sellers pay an average of 4.99% in real estate commission when selling a home in California. This includes a 2.54% listing agent commission and a 2.45% buyer’s agent commission. To put those costs into context, you’d pay around $28,942 in realtor commissions on a $580,000 home; $57,884 on a $1,160,000 home; or $96,307 on a $1,930,000 home.

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  2. Find Agents From Redfin And All Top Brokerages In Your Area. Free & Easy. Get Free & Unbiased Local Agent Recommendations. Make Sure You Get The Best

  3. Get the expertise, guidance, ethics & community knowledge of a REALTOR® when buying a home. Agents who are REALTORS® are with you throughout the buying and selling process