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For Sale By Owner vs. Redfin

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For Sale By OwnerRedfin
as of 06/10/2018
as of 05/21/2018
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Comparing different models For Sale By Owner helps you sell your home by yourself while Redfin offers a discount online service to sell your home.

What is For Sale By Owner

For Sale By Owner provides resources such as guides, contracts, documents, MLS listing, marketing material, and real estate professionals. Additionally, you will have access to home pricing and marketing tools and in-depth guides that walk you through the entire home selling process. For Sale By Owner also has live customer support to help you along the way. You will find everything you need to sell your home on your own.

How For Sale By Owner works

  • Depending on which package you chose, you will receive different services
  • For Sale By Owner will provide you with a free pricing tool that estimates your home's value and pulls comparable homes for sale around you. With Pro Pricing, a licensed professional will provide a comprehensive pricing report for more accurate pricing guidance
  • You can create a listing on ForSaleByOwner.com, and depending on the package you choose, have it automatically listed on major home search sites and the MLS
  • For Sale By Owner identifies improvements to increase your home's value, and provides staging tips
  • They will show you how to do showings, and provide you with everything you need to hold an open house
  • You will be given the tools needed to negotiate offers
  • For Sale By Owner can help you find the necessary professionals needed to close the sale and provide you with legal forms. They will walk you through the closing process
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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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Compare services

Service offerings by For Sale By Owner compared to Redfin
Service
For Sale By Owner
Redfin
Online Listing (Zillow, Trulia, etc.)
Listing Syndication
For Sale Signs
MLS Listing
Custom Flyers
Photography