RedfinNow Launches in Seattle and San Francisco Metro Areas

SEATTLE, Dec. 8, 2020 /PRNewswire/ — (NASDAQ: RDFN) — RedfinNow launched this day within the Seattle and San Francisco metro areas. RedfinNow is the iBuying service from Redfin (www.redfin.com), the know-how-powered proper property brokerage, which offers householders a convenient new system to sell. Sellers can set a query to a money provide at the moment from Redfin and skip the difficulty of fixing up their homes or clearing out for starting up homes and internal most showings. Redfin is the first major iBuyer to starting up in Seattle and the Bay Home, bringing this revolutionary new system to sell a home to two of the sector’s main know-how hubs.

“We’re all spending more time at home than ever earlier than and a host of us are dreaming of a home with the next yard, a dedicated space of enterprise, maybe even in a new city,” mentioned Quinn Hawkins, head of RedfinNow. “Yet at the identical time, the premise of promoting your bear home earlier than it’s possible you’ll perchance perhaps also bear stumbled on a new space to transfer is daunting, in particular whereas you choose up yourself shifting out of town.”

With file phases of competitors for homes, RedfinNow is excellent for sellers who want the fairness of their novel home to opt their subsequent one. Selling to RedfinNow lets householders rep their closing date, so they bear the money to whole their opt and perfect want to transfer once. Expanding RedfinNow to Seattle and the Bay Home is portion of Redfin’s map to provide householders a whole resolution, with more than one systems to sell their home.

“Each homeowner wants to know what they could honest salvage for his or her home from an instantaneous sale and compare it to itemizing on the starting up market,” mentioned Adam Wiener, Redfin’s chief improve officer. “Even for patrons who originate by requesting a money provide, many pause up selling their home with an proper property agent.We’re the proper national brokerage working to provide homesellers a whole vary of choices to meet their wants.”

Redfin’s proper property agents, who bear been serving to potentialities have interaction and sell homes in Seattle and the Bay Home since 2006 present a corpulent-service providing for a itemizing rate as puny as 1%. Redfin has also offered its Concierge itemizing service in each markets since 2018. For a itemizing rate as puny as 2%, Redfin Concierge helps sellers who want help getting their home ready to head within the marketplace. Redfin’s Concierge crew prepares a customized notion to have interaction each home shine, sources the distributors and manages the mission at each step.

“With RedfinNow, our corpulent-service proper property agents, and Redfin Concierge, now we bear been building a whole selling resolution and are thrilled to be the first to provide it to potentialities in our bear yard,” added Wiener.

To position a query to a money provide, householders wander to www.redfin.com/now, kind of their tackle and present some smartly-liked recordsdata about their home. RedfinNow makes use of native insight and its proprietary machine-learning algorithms to have interaction a aggressive money provide essentially essentially based on the home’s space, situation and the value of repairs. Sellers can rob their closing date between 10 and 60 days from accepting Redfin’s provide.

As soon as RedfinNow owns a home, it makes updates after which lists the home within the marketplace on the starting up market. Redfin makes it straightforward for shoppers to soundly tour RedfinNow listings without an appointment. Merchants can free up the door of most RedfinNow homes with the Redfin app and self-tour seven days every week, from 8 am to eight pm, with or without an agent.

An iBuying pioneer because it launched in Southern California in early 2017, RedfinNow is now accessible in all of California’s biggest metro areas, together with the Inland Empire, Los Angeles, Orange County, Palm Springs, Sacramento and San Diego, as smartly as several markets in Texas and Colorado.

In Seattle and San Francisco, the company will originate making offers this day on homes that fit the following parameters and lengthen to additional neighborhoods and property forms over time. The parameters are self-discipline to trade:

Seattle Home: Single family homes and townhomes built after 1930 value up to $1.6 million. RedfinNow is at point to accessible in parts of King, Pierce and Snohomish counties, together with neighborhoods in Seattle, Bellevue, Tacoma, Redmond and Everett.
Bay Home: Single family homes and townhomes built after 1930 value up to $1.5 million. RedfinNow is at point to accessible to householders within the East Bay and South San Jose areas.

To be taught more about RedfinNow and to set a query to a proposal to your bear home, wander to www.redfin.com/now.

About Redfin

Redfin (www.redfin.com) is a know-how-powered residential proper property company, redefining proper property within the user’s opt in a commission-driven industry. We develop this by integrating each step of the home shopping for and selling route of and pairing our bear agents with our bear know-how, increasing a service that is sooner, higher and charges much less. We provide brokerage, iBuying, mortgage, and title products and providers, and we also bustle the nation’s #1 proper property brokerage search space, providing a host of on-line instruments to patrons, together with the Redfin Estimate. We notify folk shopping for and selling homes in over 90 markets in the United States and Canada. Since our starting up in 2006, now we bear got saved our potentialities over $800 million and now we bear helped them have interaction or sell bigger than 235,000 homes value bigger than $115 billion.

For more recordsdata or to contact a local Redfin proper property agent, wander to www.redfin.com. To be taught about housing market trends and salvage recordsdata, wander to the Redfin Files Middle. To be added to Redfin’s press unencumber distribution record, electronic mail [email protected]. To scrutinize Redfin’s press middle, click here.

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