Is Redfin too good to be true? : r/homeowners - Reddit
WEBRedfin tells realtors "I'll give you several times the number of houses that you're getting right now, but you have to accept that the per-house commission is going to drop. You'll make a lot more in the end but you'll have to sell more houses." Often realtors work both on and off Redfin and charge 50% of their regular rate for leads from there.
Is Redfin's estimate totally worthless? : r/RealEstate - Reddit
WEBApr 2, 2023 · As such, the algorithm is weighting roughly 90% of the property's value based on the evaluation by the professional who has recently offered it for sale. All the Zillow/redfin/etc. estimates are worthless (honestly this needs to be stickied in the sub, people keep asking this) Only comps are useful. Yes, they are BS.
How accurate is Redfins home estimate? : r/homeowners - Reddit
WEBJan 14, 2022 · If you're home is immaculate and objectively desirable then it's accurate otherwise it's going to be odd by a significant amount. Redfin is about 25% higher than my mortgage lender and 10% higher than Zillow. Interestingly enough my redfin initial cash now price was only about 10% more than my mortgage lenders price. 1.
My experience working with Redfin and a traditional broker to sell
WEBThe house appraisal came back at $320k, and we negotiated a middle price of $325k. Had I gone with this particular Redfin agent I’d have left $25k out there and upset my neighbors. This agents reasons was a similar floor plan with a pool sold for $325k, and a pool is worth $25k, so my house was worth $300k.
Redfin? : r/realtors - Reddit
WEBOreococaine. •• Edited. With Redfin, you’re much more an employee than a real estate agent. You’re paid a salary and yes, you get a bonus if you make a sale and get a good review, but it’s nothing like the money you make as a solo agent. You’re going to play by all of Redfin’s rules and systems.
Must read before buying or selling: Redfin : r/RealEstate - Reddit
WEBADMIN MOD. Must read before buying or selling: Redfin. I was a big fan of disrupting the real estate industry. I think it’s archaic to spend 6% if a home price on real estate fees, especially with the internet. Most people find the home before the agent. I was a huge fan of Redfin and used them to buy my house a few years ago.
Zillow/Redfin etc.. From your experience, how accurate are the
WEBDec 5, 2021 · From your experience, how accurate are the estimates? The house that we are closing on was estimated at $330k. The dropped the price to $319k the day we were going to offer asking price. There were 6 offers, we did $325k and got accepted. Now, according to various sites the estimate is as low as $317k on redfin, $322k-$340k on …
Redfin 1% listing fee -- what is the catch??? - Reddit
WEBYou pay 1% to list it, then 3% goes to the buyers agent. So the total is a 4% listing fee. Also, you have to sign a contract saying that if you are turning around to buy a house, you have to use a Redfin buyers agent. You are only saving 2% since its 6% total. 3% buyer agent and 3% sellers agent.
Pros / cons of selling thru Redfin? : r/RealEstate - Reddit
WEBAug 30, 2014 · Redfin is very different from other real estate web sites, like Zillow or Trulia - if they operate in your city, they also are a real, MLS-linked brokerage, with agents who know your area. My agent is extremely competent and has a great perspective on things - her advice has been very helpful in preparing the property for sale, choosing a data ...
Do you trust Redfin's estimate of your home's value?
WEBJul 12, 2022 · Redfin estimates though, always being so high, I think that’s a way to bait customers into using their platform vs a competitor. Because if Zillow says your house is worth $400k and Redfin says your house is worth $475k, chances are you’re going to favor the latter regardless of how little real world impact that number has.