Asked By: Evan Phillips Date: created: Dec 24 2021

Is Redfin a profitable company

Answered By: Neil Anderson Date: created: Dec 27 2021

Full Year 2019 Revenue increased 60% year-over-year to $780 million in 2019.

Gross profit was $144 million , an increase of 21% from $119 million in 2018..

Asked By: Justin Anderson Date: created: Jan 10 2021

Do Redfin agents make commission

Answered By: Jake Hill Date: created: Jan 13 2021

Unlike traditional real estate agents, who tend to be independent contractors working solely on commission, Redfin agents are employees. As such, Redfin agents are paid a salary and earn bonuses so they are not tied to commissions. … Redfin surveys every customer and posts every review online.

Asked By: Norman Turner Date: created: Nov 26 2020

What job makes the most money

Answered By: Landon Davis Date: created: Nov 26 2020

Here are the top 25 best-paying jobs of 2020, according to U.S. News & World Report.Lawyer.Sales manager. … Business operations manager. … Pharmacist. … Financial advisor. … Optometrist. Mean salary: $119,980 per year. … Actuary. Mean salary: $116,250 per year. … Political scientist. Mean salary: $115,300 per year. … More items…•

Asked By: Juan Cooper Date: created: Nov 01 2021

What is Redfin Commission

Answered By: Devin Ward Date: created: Nov 03 2021

At a traditional brokerage, the total commission is typically 5%–6% of the home’s selling price, and each agent gets 2.5%–3%. … Buyers never pay agent commissions. At Redfin the listing fee is 1% when you buy and sell, which lowers the total commission to 4%.** *Minimum commissions apply.

Asked By: Ralph Jenkins Date: created: Aug 30 2021

What is the highest paid real estate agent

Answered By: Jose Smith Date: created: Aug 30 2021

Best-Paying States for Real Estate Agents The states and districts that pay Real Estate Agents the highest mean salary are New York ($116,460), Rhode Island ($84,280), Alaska ($78,190), Wyoming ($75,570), and California ($73,450).

Asked By: Harry Simmons Date: created: Nov 25 2020

Why is Redfin so cheap

Answered By: Antonio Hall Date: created: Nov 28 2020

The number one advantage of Redfin is in cost savings. … Redfin is able to do this because they pay their agents on a flat rate, rather than a percentage commission. Redfin’s other advantage, which you get even if you don’t buy through them, is one of the most well-designed real estate search engines available.

Asked By: Harold Johnson Date: created: Jan 02 2021

Is Redfin really 1%

Answered By: Tyler Henderson Date: created: Jan 05 2021

Redfin advertises a 1% -2% seller commission (they call it a “listing fee”), but unlike REX, Redfin seller’s are also responsible for paying the buy-side agent commission, because the houses are listed in the MLS. This means that most Redfin sellers end up paying 3.5%-5% in commissions.

Asked By: Francis Ramirez Date: created: Jan 17 2022

Are Redfin agents Realtors

Answered By: Simon Wood Date: created: Jan 19 2022

All Redfin agents are licensed real estate agents, brokers, or realtors. They provide the same services as a traditional real estate agent, but instead of earning a commission, they’re paid a salary and bonuses.

Asked By: Richard Wilson Date: created: Nov 27 2021

How much do the average real estate agent make

Answered By: Cameron Martin Date: created: Nov 29 2021

Job openings for Real Estate AgentCityAverage salaryReal Estate Agent in Sydney NSW 20 salaries$153,810 per yearReal Estate Agent in Brisbane QLD 6 salaries$250,000 per yearReal Estate Agent in Melbourne VIC 10 salaries$182,417 per yearReal Estate Agent in Ramsgate NSW 21 salaries$53,109 per year1 more row•Oct 1, 2020

Asked By: Gavin Carter Date: created: Aug 11 2021

Is real estate a good career choice

Answered By: Oliver White Date: created: Aug 11 2021

Real Estate is a Great Business Real estate really is a great career choice. … It can be a very difficult career if the training and work ethic fails, but it can be a seriously rewarding career if you are self-motivated, hard-working, honest, and enjoy networking and helping people.

Asked By: Henry Ramirez Date: created: May 28 2021

Does Redfin have hidden fees

Answered By: Connor Brooks Date: created: May 29 2021

There are other fees involved with Redfin – which they disclose in their ads. There is a 3.5% fee in addition to the 1% listing fee for buyers agents. There may be other fees as well. … Redfin is a full service Real Estate Brokerage and had the best technology in the industry.

Asked By: Carlos Harris Date: created: Apr 14 2021

Is selling with Redfin worth it

Answered By: Alex Miller Date: created: Apr 17 2021

These redfin agents are completely passive and do not take any proactive steps to help you sell your home. I would strongly advise against using redfin to sell your home. Pay the extra 1% and get a real agent. The selling agent’s communication was less than desirable.

Asked By: Timothy Cook Date: created: Feb 07 2021

How are Redfin associate agents paid

Answered By: Neil Foster Date: created: Feb 07 2021

To Redfin Management- Pay your associate agents a salary and bonus. Flexible hours and variety of real estate jobs to do at different locations. … You are paid by event. The more events you do, the more you will be paid.

Asked By: Adam Jones Date: created: Oct 25 2021

Is Redfin good for new agents

Answered By: Herbert Jackson Date: created: Oct 27 2021

Redfin is a good start for new agents. Do not stay long. Learn what you can and then leave! Many of the lead agents seem to be friends or relatives with upper management.

Asked By: Bryan Gonzales Date: created: Feb 08 2022

Does Redfin pay for staging

Answered By: Dominic Morris Date: created: Feb 08 2022

According to Redfin, with its enhanced listing program, the company pays for “deep cleaning, de-cluttering and staging” on a property. But if a property is in need of painting, landscaping, or other minor improvements, the program will cover that instead – all for that 2% listing fee.

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