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Updated over 7 years ago on . Most recent reply

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Derek Daun
  • Investor
  • Sacramento, CA
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Anyone using Redfin to sell properties?

Derek Daun
  • Investor
  • Sacramento, CA
Posted

I'm curious how many sellers have been using redfin as a broker and what their thoughts are on the process. Redfin went public this past year and is pushing to grow it's business. I'm a fan of their tech, and like the idea of only paying 1% commission. They have potential to be fairly disruptive in the business.

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Charlie MacPherson
  • China, ME
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Charlie MacPherson
  • China, ME
Replied

@Derek Daun  Obviously, I'm biased against the Redfin model.  I'll admit that up front.

But here's a question - what kind of agents do you think are attracted to work at a discount brokerage like Redfin?

Top producers who will work themselves silly to get your home sold at the highest possible price, no matter what it takes?  

Or an agent who prefers to get paid on salary, showings and open houses and a lower commission on actual sales - and therefore won't have his interests quite as aligned with yours?

A 100% commission agent is highly motivated to get your home sold as quickly as possible and at the highest possible price.  Their interests are completely aligned with yours.

That said, it's your call!

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