The agent viewed the house and proposed a listing price of $300k, and when pushed, insisted it would not appraise for more the $305k How accurate is redfins home estimate I contact my buying agent, who was also aligned with our $325k listing price, so we decided to list with her.
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How long does it take for a zillow, redfin, etc listing to say “pending” “contingent” or “under contract” after an offer is accepted?
Is redfin's estimate totally worthless
We have been watching a house on redfin that we think is overpriced Price drops 3 weeks into listing to 450k Within a day, redfin estimate drops to 435k Are the estimates total bs?
Redfin is a very efficient way of buying a house, it’s easy to get in and see things, their offer system is good, and the agents are usually experienced But like any other brokerage, some agents are great, and some agents suck You should research the agent rather than just assuming everyone is the same there. I just learned about redfin's 1% fee service to sell a homeowner's house
That seems too low to be true, but maybe it is
I have to admit it feel like being robbed to hand over $18,000 to agents when selling a $300,000 home at a 6% commission My previous house sold for $90,000 with $5,400 going to agents at a 6% commission What makes selling a $300,000 home worth that. Been looking at homes online for a while now, mostly via zillow, and have recently tried redfin out
I like redfin's app much better, and i find their search filters to be slightly more robust, but i'm confused by redfin insofar as when i search for homes, there are large parts of the country that are grayed out. Internet prices from zillow and redfin are fairly accurate It takes the average sale price in your area and compare them with similar sized lots, bedroom, bath, etc What those estimate are very bad at accounting for intangible things like busy roads, very outdated homes, and other factors that don’t show up on a deal.
Redfin agents get paid their salary whether or not they do a good job
They don’t have the same pressure to go out of their way to keep clients happy Doesn’t mean that all of them are bad, but just that they don’t have the same level of incentive to work their asses off.
