{"id":1808,"date":"2024-08-08T11:03:08","date_gmt":"2024-08-08T15:03:08","guid":{"rendered":"https:\/\/ibuyer.com\/blog\/?p=1808"},"modified":"2025-10-16T07:14:36","modified_gmt":"2025-10-16T11:14:36","slug":"opendoor-vs-redfin-now","status":"publish","type":"post","link":"https:\/\/ibuyer.com\/blog\/opendoor-vs-redfin-now\/","title":{"rendered":"Opendoor vs Redfin Now &#8211; How Do They Compare?"},"content":{"rendered":"\n<p>Home sales no longer require real estate agents, as companies such as Opendoor and Redfin Now provide instant cash offers for homeowners. Opendoor launched in 2014, focusing solely on giving homeowners quick cash offers after assessing basic information about the property. Redfin Now allows sellers to either accept direct cash offers or list their homes on the MLS for increased exposure.&nbsp;<\/p>\n\n\n\n<p>Whether you want a quick sale with minimal effort, or the flexibility to list your property for a potentially higher price, we\u2019ll discuss how each company works, what they offer, and how they differ.&nbsp;<\/p>\n\n\n\n<p>If you\u2019re considering selling your home and want to compare offers from top iBuyers, iBuyer.com can provide a simpler way to <a href=\"https:\/\/ibuyer.com\/\">receive multiple cash offers<\/a>. Enter your address, and you can review offers from trusted buyers to make the best decision for your situation.&nbsp;<\/p>\n\n\n\n<div class=\"wp-block-yoast-seo-table-of-contents yoast-table-of-contents\"><h2>RedfinNow vs Opendoor<\/h2><ul><li><a href=\"#h-opendoor-vs-redfin-now\" data-level=\"2\">Opendoor vs Redfin Now<\/a><\/li><li><a href=\"#h-home-seller-proceeds\" data-level=\"2\">Home seller proceeds<\/a><\/li><li><a href=\"#h-cash-offers\" data-level=\"2\">Cash Offers<\/a><\/li><li><a href=\"#h-closing-process\" data-level=\"2\">Closing Process<\/a><\/li><li><a href=\"#h-available-markets\" data-level=\"2\">Available markets<\/a><\/li><li><a href=\"#h-find-the-best-ibuyer\" data-level=\"2\">Find the best iBuyer<\/a><\/li><\/ul><\/div>\n\n\n<div class=\"card my-5 shadow-lg\">\n  <div class=\"card-body py-md-4\">\n    <div class=\"row align-items-center justify-content-center py-md-3 py-lg-2 py-xl-3\">\n      <div class=\"col-12\">\n        <p class=\"mb-4 h3 text-center\">\n          <span class=\"h4 text-primary font-weight-bold\">Compare Cash Offers from <span class=\"d-inline-block\">Top Home Buyers.<\/span><\/span>\n          <span class=\"mt-2 d-block font-weight-normal text-muted\">Delivered by Your Local iBuyer <span class=\"d-inline-block\">Certified Specialist.<\/span><\/span>\n        <\/p>\n      <\/div>\n\n      <div class=\"col-12\">\n        <div class=\"ui-v2 search-address-form bg-white py-0\">\n          <div class=\"row justify-content-md-center\">\n            <div class=\"col-12 col-md-7 pr-md-2\">\n              <div class=\"input-group mb-0 shadow-sm\">\n                <div class=\"input-group-prepend\">\n                  <div class=\"input-group-text bg-white border-right-0\">\n                    <div class=\"icon\">\n                      <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"16\" fill=\"currentColor\" class=\"bi bi-geo-alt-fill\" viewBox=\"0 0 16 16\">\n                        <path d=\"M8 16s6-5.686 6-10A6 6 0 0 0 2 6c0 4.314 6 10 6 10zm0-7a3 3 0 1 1 0-6 3 3 0 0 1 0 6z\"><\/path>\n                      <\/svg>\n                    <\/div>\n                  <\/div>\n                <\/div>\n\n                <input type=\"text\" id=\"autocomplete4\" class=\"form-control form-control-lg px-0\" placeholder=\"Enter your home address\" autocomplete=\"off\" v-on:change=\"onAddressChange($event)\" v-on:keydown.enter=\"searchMyAddress($event)\" onfocus=\"this.autocomplete='smartystreets'\">\n\n                <div class=\"input-group-append\">\n                  <div class=\"input-group-text bg-white border-left-0 p-0\">\n                    <button type=\"reset\" id=\"clear-address-btn4\" class=\"btn px-2 h-100\" name=\"clear\">\n                      <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"16\" fill=\"currentColor\" class=\"bi bi-x\" viewBox=\"0 0 16 16\">\n                        <path d=\"M4.646 4.646a.5.5 0 0 1 .708 0L8 7.293l2.646-2.647a.5.5 0 0 1 .708.708L8.707 8l2.647 2.646a.5.5 0 0 1-.708.708L8 8.707l-2.646 2.647a.5.5 0 0 1-.708-.708L7.293 8 4.646 5.354a.5.5 0 0 1 0-.708z\"><\/path>\n                      <\/svg>\n                    <\/button>\n                  <\/div>\n                <\/div>\n              <\/div>\n\n              <ul class=\"us-autocomplete-pro-menu4 autocomplete-menu\" style=\"display:none;\"><\/ul>\n            <\/div>\n\n            <div class=\"col-12 col-md-auto pl-md-2\">\n              <button type=\"button\" id=\"disabledHomeValue4\" class=\"btn btn-primary btn-lg btn-block mt-3 mt-md-0\" v-on:click=\"searchMyAddress($event)\" disabled=\"\">\n                Get My Home Value\n              <\/button>\n            <\/div>\n          <\/div>\n        <\/div>\n\n        <p class=\"h5 mt-4 mb-0 text-center font-weight-bold text-info\">\n          One Expert, Multiple Offers, <span class=\"d-inline-block\">No Obligation.<\/span>\n        <\/p>\n      <\/div>\n    <\/div>\n  <\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-opendoor-vs-redfin-now\">Opendoor vs Redfin Now<\/h2>\n\n\n\n<p>When it comes to selling your home, both services offer something similar but very different. Depending on the time frame, fees, and if your home needs any repairs, this can all factor into the amount their willing to offer you.&nbsp;<\/p>\n\n\n\n<p>Redfin Now has been around for over 18 years, and Opendoor has been around for seven years. Redfin Now specifically offers two different kinds of real estate services.<\/p>\n\n\n\n<p>You can get an offer directly from Redfin Now, or you can choose to list your house with them. They&#8217;re a known broker, and your home will be placed on the MLS listing, where you&#8217;ll receive more views.&nbsp;<\/p>\n\n\n\n<p><a href=\"https:\/\/ibuyer.com\/blog\/what-is-the-mls-in-real-estate\/\" target=\"_blank\" rel=\"noreferrer noopener\">MLS is the popular website to which all realtors have access<\/a>, and they can see all the homes listed for sale in a particular area. This is the fastest and easiest way to get your home some attention.&nbsp;<\/p>\n\n\n\n<p>Moving back to Opendoor, this service only offers you an amount for your home. They send an inspector to come and look at your home so they can give you an offer. If your home needs any repairs, they&#8217;ll decrease their offer.&nbsp;<\/p>\n\n\n\n<p>The only way potential buyers see your home is if they are&nbsp;<a href=\"https:\/\/www.realestatewitch.com\/opendoor-reviews-and-how-it-works\/\" target=\"_blank\" rel=\"noreferrer noopener\">using the Opendoor app.<\/a>&nbsp;They do not have access to the MLS feature.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-home-seller-proceeds\">Home seller proceeds<\/h2>\n\n\n\n<p>Depending upon which service you use, you could be getting a little or a lot for your home. This is changing the real estate industry. Many services like this charge you fees for everything, but&nbsp;you can compare their offers to get the best deal.&nbsp;<\/p>\n\n\n\n<p>Opendoor charges you all of your closing costs. There is no room for negotiation here. They then charge you another fee based on the value of your home.&nbsp;<\/p>\n\n\n\n<p>For example, if your home is worth $300,000, you could be charged $15,000 as a fee. That&#8217;s 5% of your home&#8217;s value. On the other hand, if your home is worth $1,000,000, you will lose around $50,000 in fees.&nbsp;<\/p>\n\n\n\n<p><a href=\"https:\/\/www.marketwatch.com\/story\/six-things-to-know-about-the-real-estate-brokerage-redfin-before-it-goes-public-2017-07-05\" target=\"_blank\" rel=\"noreferrer noopener\">Redfin Now&nbsp;<\/a>works a little differently when getting a fair price. If you use their listing service, you&#8217;re going to pay a commission fee which starts at 1.5% of your home&#8217;s selling price.&nbsp;<\/p>\n\n\n\n<p>After that, you&#8217;ll be paying around 3% to your buyer&#8217;s agent. This percentage amount also fluctuates depending on the value and how fast you&#8217;re going to sell.&nbsp;<\/p>\n\n\n\n<p>Once your house is listed on MLS, Redfin Now subcontracts out to other agents to set up showings and interactions with potential buyers. The downside of this is that you are never going to work with the same person. You could interact with up to three different assistants.&nbsp;<\/p>\n\n\n\n<p>If you choose to get a direct cash offer from Redfin Now, you&#8217;re going to pay around 7% in fees.&nbsp;This is similar to the way Opendoor sends you an offer, too.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-cash-offers\">Cash Offers<\/h2>\n\n\n\n<p>When you&nbsp;request a cash offer&nbsp;from Opendoor, you&#8217;re going to receive the offer in your email inbox within 24 hours. In this process, you&#8217;re going to disclose the age of items in your home like the flooring, cabinets, and appliances.&nbsp;<\/p>\n\n\n\n<p>If you decide to accept the offer, they will send someone to your home to look closer at the condition. If they find any needed repairs, they will&nbsp;estimate the cost and then subtract that from your offer.&nbsp;<\/p>\n\n\n\n<p>Redfin Now can give you a cash offer, but this is going to take a few days. You have the option to upload some photos to show the value of your home.<\/p>\n\n\n\n<p>After you receive your offer, a representative will give you a call to get your opinion. You have up to five days to decide if this is something you want to proceed with.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-closing-process\">Closing Process<\/h2>\n\n\n\n<p>When <a href=\"https:\/\/ibuyer.com\/blog\/opendoor-competitors\/\" target=\"_blank\" rel=\"noreferrer noopener\">using Opendoor<\/a>, you have about 14-45 days to close on the house. You&#8217;re able to choose how much time you need. The closing costs that you&#8217;ll have to pay are about 2.5% of the sale of the house.&nbsp;<\/p>\n\n\n\n<p>You&#8217;ll need to put money into an account for closing, and then your home will be appraised, and a repair list will be populated (if you need any). You then confirm the repairs and then close on the home.&nbsp;<\/p>\n\n\n\n<p>If you choose Redfin Now, your closing process can take 40-50 days to complete. You&#8217;ll need to make a &#8220;Good Faith Deposit,&#8221; which is about 1-3% of the sale of the house. This is used toward the closing costs.&nbsp;<\/p>\n\n\n\n<p>Like normally selling a home, there will be an inspection and an appraisal. There is then the title and financing part and a final walk-through. Redfin Now is very similar to the normal home buying and selling process, like working with a realtor.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-available-markets\">Available markets<\/h2>\n\n\n\n<p>Opendoor and Redfin Now are only available in certain areas. Unfortunately, you can&#8217;t use these features just anywhere in the US.&nbsp;<\/p>\n\n\n\n<p><a href=\"https:\/\/ibuyer.com\/blog\/redfin-now-expands-to-boston\" target=\"_blank\" rel=\"noreferrer noopener\">Redfin Now is available in Boston<\/a>, one city in Arizona, six cities in California, four cities in Texas, and in Seattle, Washington.\u00a0Opendoor can be found in 31 cities all across the United States.\u00a0<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-find-the-best-ibuyer\">Find the best iBuyer<\/h2>\n\n\n\n<p>Whether you&#8217;re looking to buy or sell your home, you can look to Opendoor vs Redfin Now for all your buying and selling needs. You can qualify for a discount if you sell and purchase your home through one company.&nbsp;<\/p>\n\n\n\n<p>These <a href=\"https:\/\/ibuyer.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">iBuyers&nbsp;could help you sell your home<\/a> in as little as 60 days.&nbsp;<\/p>\n\n\n<div class=\"card my-5 shadow-lg\">\n  <div class=\"card-body py-md-4\">\n    <div class=\"row align-items-center justify-content-center py-md-3 py-lg-2 py-xl-3\">\n      <div class=\"col-12\">\n        <p class=\"mb-4 h3 text-center\">\n          <span class=\"h4 text-primary font-weight-bold\">Instant Valuation, Confidential Deals<\/span>\n          <span class=\"mt-2 d-block font-weight-normal text-muted\">with a Certified <span class=\"d-inline-block\">iBuyer.com Specialist.<\/span><\/span>\n        <\/p>\n      <\/div>\n\n      <div class=\"col-12\">\n        <div class=\"ui-v2 search-address-form bg-white py-0\">\n          <div class=\"row justify-content-md-center\">\n            <div class=\"col-12 col-md-7 pr-md-2\">\n              <div class=\"input-group mb-0 shadow-sm\">\n                <div class=\"input-group-prepend\">\n                  <div class=\"input-group-text bg-white border-right-0\">\n                    <div class=\"icon\">\n                      <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"16\" fill=\"currentColor\" class=\"bi bi-geo-alt-fill\" viewBox=\"0 0 16 16\"><path d=\"M8 16s6-5.686 6-10A6 6 0 0 0 2 6c0 4.314 6 10 6 10zm0-7a3 3 0 1 1 0-6 3 3 0 0 1 0 6z\"><\/path><\/svg>\n                    <\/div>\n                  <\/div>\n                <\/div>\n\n                <input type=\"text\" id=\"autocomplete5\" class=\"form-control form-control-lg px-0\" placeholder=\"Enter your home address\" autocomplete=\"off\" v-on:change=\"onAddressChange($event)\" v-on:keydown.enter=\"searchMyAddress($event)\" onfocus=\"this.autocomplete='smartystreets'\">\n\n                <div class=\"input-group-append\">\n                  <div class=\"input-group-text bg-white border-left-0 p-0\">\n                    <button type=\"reset\" id=\"clear-address-btn5\" class=\"btn px-2 h-100\" name=\"clear\">\n                      <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"16\" fill=\"currentColor\" class=\"bi bi-x\" viewBox=\"0 0 16 16\"><path d=\"M4.646 4.646a.5.5 0 0 1 .708 0L8 7.293l2.646-2.647a.5.5 0 0 1 .708.708L8.707 8l2.647 2.646a.5.5 0 0 1-.708.708L8 8.707l-2.646 2.647a.5.5 0 0 1-.708-.708L7.293 8 4.646 5.354a.5.5 0 0 1 0-.708z\"><\/path><\/svg>\n                    <\/button>\n                  <\/div>\n                <\/div>\n              <\/div>\n\n              <ul class=\"us-autocomplete-pro-menu5 autocomplete-menu\" style=\"display:none;\"><\/ul>\n            <\/div>\n\n            <div class=\"col-12 col-md-auto pl-md-2\">\n              <button type=\"button\" id=\"disabledHomeValue5\" class=\"btn btn-primary btn-lg btn-block mt-3 mt-md-0\" v-on:click=\"searchMyAddress($event)\" disabled=\"\">\n                Get My Home Value\n              <\/button>\n            <\/div>\n          <\/div>\n        <\/div>\n\n        <p class=\"h5 mt-4 mb-0 text-center font-weight-bold text-info\">\n          Sell Smart, Sell Fast, Get Sold. <span class=\"d-inline-block\">No Obligations.<\/span>\n        <\/p>\n      <\/div>\n    <\/div>\n  <\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Home sales no longer require real estate agents, as companies such as Opendoor and Redfin Now provide instant cash offers for homeowners. Opendoor launched in 2014, focusing solely on giving homeowners quick cash offers after assessing basic information about the property. Redfin Now allows sellers to either accept direct cash offers or list their homes [&hellip;]<\/p>\n","protected":false},"author":37,"featured_media":1809,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5],"tags":[],"class_list":["post-1808","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ibuying"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.5 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Opendoor vs Redfin Now - How Do They Compare?<\/title>\n<meta name=\"description\" content=\"Make the right choice for your home selling experience with our comprehensive Opendoor vs Redfin Now guide. Get the inside scoop.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ibuyer.com\/blog\/opendoor-vs-redfin-now\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Opendoor vs Redfin Now - How Do They Compare?\" \/>\n<meta property=\"og:description\" content=\"Make the right choice for your home selling experience with our comprehensive Opendoor vs Redfin Now guide. Get the inside scoop.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ibuyer.com\/blog\/opendoor-vs-redfin-now\/\" \/>\n<meta property=\"og:site_name\" content=\"iBuyer Blog\" \/>\n<meta property=\"article:published_time\" content=\"2024-08-08T15:03:08+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-10-16T11:14:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ibuyer.com\/blog\/wp-content\/uploads\/2021\/07\/opendoor-vs-redfin-now.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"675\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Reilly Dzurick\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Reilly Dzurick\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/ibuyer.com\\\/blog\\\/opendoor-vs-redfin-now\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ibuyer.com\\\/blog\\\/opendoor-vs-redfin-now\\\/\"},\"author\":{\"name\":\"Reilly Dzurick\",\"@id\":\"https:\\\/\\\/ibuyer.com\\\/blog\\\/#\\\/schema\\\/person\\\/4a3cd59937318637b625f8f09a161213\"},\"headline\":\"Opendoor vs Redfin Now &#8211; How Do They Compare?\",\"datePublished\":\"2024-08-08T15:03:08+00:00\",\"dateModified\":\"2025-10-16T11:14:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/ibuyer.com\\\/blog\\\/opendoor-vs-redfin-now\\\/\"},\"wordCount\":1103,\"image\":{\"@id\":\"https:\\\/\\\/ibuyer.com\\\/blog\\\/opendoor-vs-redfin-now\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ibuyer.com\\\/blog\\\/wp-content\\\/uploads\\\/2021\\\/07\\\/opendoor-vs-redfin-now.jpg\",\"articleSection\":[\"iBuying\"],\"inLanguage\":\"en-US\",\"accessibilityFeature\":[\"tableOfContents\"]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/ibuyer.com\\\/blog\\\/opendoor-vs-redfin-now\\\/\",\"url\":\"https:\\\/\\\/ibuyer.com\\\/blog\\\/opendoor-vs-redfin-now\\\/\",\"name\":\"Opendoor vs Redfin Now - How Do They Compare?\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ibuyer.com\\\/blog\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/ibuyer.com\\\/blog\\\/opendoor-vs-redfin-now\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/ibuyer.com\\\/blog\\\/opendoor-vs-redfin-now\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ibuyer.com\\\/blog\\\/wp-content\\\/uploads\\\/2021\\\/07\\\/opendoor-vs-redfin-now.jpg\",\"datePublished\":\"2024-08-08T15:03:08+00:00\",\"dateModified\":\"2025-10-16T11:14:36+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/ibuyer.com\\\/blog\\\/#\\\/schema\\\/person\\\/4a3cd59937318637b625f8f09a161213\"},\"description\":\"Make the right choice for your home selling experience with our comprehensive Opendoor vs Redfin Now guide. 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