News: "Redfin will wind down its home-flipping program RedfinNow and lay off employees for the second time this year as it cuts expenses in response to a slowing housing market"... read more. To find out how much other iBuyers would pay for your home, please submit your address here.
Introducing Redfin iBuyer program information
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Owned by the top brokerage site in the USA, RedfinNow is an iBuyer program and enables you to sell your house for cash in less than 30 days. While RedfinNow markets are currently limited, instant offers are in demand and the iBuyer program is soon to expand across the nation.
Redfin is currently buying and selling homes in the following markets:
- Austin, TX Median home value $595,000
- Dallas, TX Median home value $400,000
- Denver, CO Median home value $422,700
- Houston, TX Median home value $329,000
- Las Vegas, NV Median home value $274,100
- Los Angeles, CA Median home value $688,700
- San Antonio, TX Median home value $280,000
- San Diego, CA Median home value $634,100
See what an iBuyer would pay for your home
RedfinNow is the iBuyer program, where Redfin buys your house for cash. Currently only in a few cities in the nation, RedfinNow is focused on rapid expansion in order to offer sellers a hassle-free way to sell their home.
Following a very similar process to most iBuyers, the RedfinNow iBuyer program uses data to determine the value of your home and then makes you an all-cash offer. If you choose to accept the instant offer, RedfinNow will arrange an inspection to check on the condition of your home, and then let you choose the closing date. Since they will pay cash for your home, you can close fast and get paid right away.
RedFinNow is currently available in Inland Empire, CA, Denver, CO, and Austin, TX, but is soon to expand to other areas in the nation.
RedfinNow is owned by Redfin, the top brokerage site in the USA.
That varies based on a number of factors, such as your home's location, size, age, and current market conditions in your area. RedfinNow uses market analysis and competitive insights to determine what they believe to be the current market value of your home.
To see what an iBuyer like RedfinNow would likely pay for your home, enter your address in our iValuation tool.
RedfinNow charges a service fee of between 6% and 12% on average. That fee excludes standard closing costs, taxes, etc.
The RedfinNow iBuyer program typically buys single family homes in good condition, with under a half acre of land and a clear title, that are either owner occupied or vacant. The price usually ranges from $150,000 all the way up to $900,000, depending on location.
Once you request an offer from RedfinNow, they will typically respond within a few business days and present you with an instant offer.
The great thing about RedfinNow is their quick closing time. They enable you to pick your own closing date anytime between 10 to 30 days after signing your offer.
Yes. While RedfinNow uses a precise algorithm to determine what they believe to be the fair market value of your home, they are willing to listen and reevaluate your offer if you feel they missed something that could impact what your home is worth.
Yes, RedfinNow is Redfin's iBuyer program, enabling them to buy your house for cash, sight unseen.