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Updated over 8 years ago on . Most recent reply

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222
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Neil G.
  • Investor
  • Socal
34
Votes |
222
Posts

RedFin.com/about/one-percent-listing-fee

Neil G.
  • Investor
  • Socal
Posted

so i contacted a redfin agent via text with the above link and the address of a DC area relative who's thinking of selling and asked me to research, only to receive a call back from Redfin (not the particular agent i texted) saying sorry if you're looking for that offer, we dont have agents available to help you since they're all working at 'full capacity' now during 'peak season'

i then contacted another redfin agent via text with the above link and the address of a NVA area relative who's s thinking of selling and asked me to research, only to receive again a call back from Redfin (not the particular agent i texted) saying sorry that offer is only for specific addresses within NVA and we don't have agents available to help you since they're all workin at full capacity now durin peak season yada yada.

my relatives' reactions were of disbelief and bewilderment, respectively. dont know of any other discounted brokerage brands servicing prince william nor wash dc county; they're looking to save on commission as selling below market val to get out before the proverbial next bubble burst or us collapse

Most Popular Reply

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17,431
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30,079
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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
30,079
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17,431
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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
ModeratorReplied

Save 1-1.5% on the commission and cost yourself 5% or more on the sales price, or not have it go through since Redfin has no idea what they are doing. There are 3 primary problems with using Redfin. 1) They have no idea what they are doing..they often misprice properties, do not know how to compete in a competitive market. 2) Many people in the market place view properties as being listed by Redfin as being poorly maintained. (This is often true). If they dont want to pay to properly list the property, why would the seller pay to maintain the property. 3) Some agents wont show their listings, so less people seeing the property typically means a lower sales price.

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