There are a few scenarios when Redfin agents cannot directly help, such as the property being below our minimum price threshold. In those cases, you may be referred to a Redfin Partner Agent.
A perk of the efficient Redfin business model is we are able to offer a 1.5% percent listing fee for sellers and the Redfin Refund for buyers by giving the savings back to you. To offer these benefits, we must set a minimum commission to make sure that we can continue to provide the best possible service.
When looking at homes to buy on Redfin, if a property is below our minimum commission, we'll let you know with the below disclaimer found to the right of the listing photos of the home. Because we're not able to directly assist with these properties, you'll be offered to contact the listing agent directly for more information.
We charge a 1.5% listing fee when you sell, and a 1% listing fee when you sell and buy with us.* Our customers who sell first, then buy within 365 days, will pay a 1.5% listing fee on their sale, then get a check back for that 0.5% once they buy, subject to our minimums commissions. That means you could save thousands by working with one of our agents! To see our current minimums and other terms, https://www.redfin.com/disclaimer.
*Fees subject to change. Buyer’s agent fee not included, e.g., if buyer’s agent fee is 2.5%, the seller will pay a total fee of 3.5%. Listing fee increased by 1% of sale price if buyer is unrepresented.