We charge 7% - 9% of the value of the home.
When you sell to RedfinNow, you skip the challenges and direct costs of fixing up the home, marketing and listing it on the market, managing showings and open houses, and weeks or months of uncertainty. We take care of all of that in order to provide you with speed, convenience and certainty, which means we also incur costs that a traditional real estate agent would not.
We break our fees into two categories:
- 6% RedfinNow Convenience Fee: This is a fixed rate. It’s the same rate for every home, and enables our team to offer you speed, convenience, and the very best experience possible. For comparison, commissions to list and sell your home in the traditional way can range from 4-6%.
- 1-3% Market Risk Fee: This is a variable charge. It’s based on the number of days we think it will take for the home to sell once we list it. We take on the daily costs of holding the home, including utilities, taxes, insurance, maintenance, financing and any HOA dues, as well as the risk of market conditions changing while the home is on the market.