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Faira vs. Redfin

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FairaRedfin
as of 05/24/2018
as of 05/21/2018
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What is Faira

Faira provides you with all the tools and processes you need to sell your home for free or a low commission if you also want an agent’s assistance. From MLS listing to lockbox to providing necessary documents and contracts, Faira provides a comprehensive set of tools for you.

How Faira works

  • Faira will provide free professional photography, open house signs, for sale yard signs, and an MLS keybox for buyer agents to show your property.
  • Your property will be listed on the MLS and other syndicated sites.
  • You will have access to Faira’s dashboard that provides an easy way to track offers. Faira provides you with all necessary documents.
  • They will schedule your home inspection. If using the Faira + Agent plan, your will receive support from prelisting to close.
  • Faira’s agent will help negotiate offers and walk you through close.
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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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Service offerings by Faira compared to Redfin
Service
Faira
Redfin
MLS Listing
Photography
Lockbox
Custom Flyers
Personal Dashboard
Listing Syndication