Keyword Analysis & Research: redfin


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Frequently Asked Questions

Is Redfin a good deal?

The short answer is a resounding yes, Redfin does work to save sellers money. Redfin significantly reduces the out of cost expenses for sellers by slashing traditional brokerage fees. As mentioned earlier, a seller pays 6% in total commission to a traditional brokerage. Half of the commission goes to the listing agent and half to the buyer’s agent.

How does redfin make money?

One way Redfin makes money is through commissions on real estate transactions - depending on the state and the commissions, about 1.25% to 1.5% of the transaction.

Will redfin buy my house?

In select locations across the United States, Redfin is willing to purchase homes for cash. If you live in one of the RedfinNow markets, you’ll get an offer to buy your property within days and can complete the transaction within 30 days of accepting it.

How much do Redfin real estate agents get paid?

Redfin Agents Earned a Median Income of $112,200 in 2020, More than Double the Median of $49,700 for Traditional Agents. Redfin strives to be the best employer in real estate by offering excellent compensation, benefits and opportunities for career growth. The median income for all Redfin lead agents was $112,200 in 2020.


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