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Redfin vs. Redfin Now

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RedfinRedfin Now
as of 05/21/2018
as of 06/10/2018
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Comparing different models Redfin offers a discount online service to sell your home while Redfin Now buys your home directly from you.

What is Redfin

Redfin is a low cost full service real estate brokerage that represents home buyers and sellers with their local agents. You will get the full service of a traditional agent while paying a much lower commission. Redfin agents get paid bonuses based on the review their clients give them, so they are highly motivated to provide the best possible service when helping you sell your home. Since launching in 2006, Redfin has sold over 120,000 homes and saved customers over $400 million.

How Redfin works

  • Redfin will recommend local professionals to get your home cleaned, painted, landscaped, or fixed. They will then pay for professional photography and a 3D scan for potential buyers to tour your home remotely.
  • After a consultation and walk through of your home, your Redfin agent performs a Comparative Market Analysis (CMA) for pricing guidance. Your home is then listed on the MLS and other syndicated sites.
  • Redfin will install a for sale sign in your yard, directional signs around your neighborhood, create custom flyers and brochures, run targeted email campaigns, hold open houses, and develop a marketing plan to sell your home.
  • Redfin will manage, negotiate, and oversee offers you receive. Once you have an offer you like, your agent will send a ‘Last Call’ email that can potentially lead to more offers and a higher sale price.
  • Your Redfin agent oversees and guides you through escrow, from the inspection to closing.
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What is Redfin Now

Redfin Now is a service by Redfin that will make an offer to purchase your home directly from you. Selling to Redfin Now will save you time by avoiding showings, open houses, and marketing your home. It also provides you with flexibility, as you can choose to close on your own timeline.

How Redfin Now works

  • Request an offer and get an initial offer range
  • Schedule an in-home visit so Redfin Now can offer a more accurate price
  • Receive an offer. If you, choose when you want to close (anytime between 7 and 60 days)
  • A third party inspector makes sure home is in the same and good condition
  • Close on the date you chose
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Service offerings by Redfin compared to Redfin Now
Service
Redfin
Redfin Now
Photography
Virtual Scan
Comparative Market Analysis
MLS Listing
Listing Syndication
For Sale Signs