FAIRFIELD, Conn., Jan. 16, 2018 /PRNewswire/ -- (NASDAQ: RDFN) --
Redfin (www.redfin.com), the next-generation real estate brokerage,
today announced the debut of its home-buying and selling services
in Connecticut. Redfin, which also
announced its launch in Asheville,
N.C., today, has a mission to reinvent real estate in the
consumer's favor. Redfin pairs personal service from Redfin agents
with technology to create a better home-buying and selling
experience that costs less.
Connecticut homebuyers can now
use Redfin's industry-leading website and iOS and Android app to
search all the agent-listed homes for sale, receive instant updates
on their smartphone the moment a new home hits the market and book
home tours with Redfin agents with the click of a button. Redfin
gives part of its commission to buyers who purchase with Redfin
agents.
Residents of Connecticut can
sell their homes with a Redfin agent for a 1 percent listing fee,
subject to a minimum of $3,000.
Redfin agents provide a complete home-selling service including
pricing and staging advice, free professional photography, a 3D
virtual tour and digital marketing. A Connecticut homeowner selling a $500,000 home would save $10,000 working with a Redfin agent compared to
the typical 3 percent fee.
In addition to its technology, what sets Redfin apart from other
brokerages is that its agents are employees of the company who are
paid a salary and earn bonuses based in part on customer
satisfaction - not commissions. Customer reviews for Redfin agents
are published on their online profiles.
Richard Thomas, a lifelong
Connecticut resident, will lead
the brokerage's operations in the state. In more than two decades
working in real estate, Thomas has worked as an agent, managed
brokerage offices and operated his own real estate company. Most
recently, Thomas was a regional manager overseeing three Century 21
real estate offices serving Hartford, New
Haven, Middlesex and Litchfield counties.
"What attracts me the most to Redfin is how the company uses
technology to make the entire home buying and selling experience
better for consumers," said Thomas. "Folks here will be blown away
when they learn about our complete selling service for a 1 percent
listing fee and see the technology that only Redfin offers-- tools
like Price Whisperer, which lets you test a price with potential
buyers before going on the market, Deal Room, which helps you track
your home sale from start to finish, and the targeted digital and
social media advertising that markets your home to active buyers.
It's thrilling to be able to introduce Redfin's modern approach,
premium service and savings to Connecticut's buyers and sellers."
Redfin will initially serve Fairfield, New
Haven, Hartford,
Middlesex, and southern
Litchfield counties, and plans to
expand to other parts of the state over time.
"Given Connecticut's population, healthy real estate market and
adjacency to other thriving Redfin markets in New York and New England, we see expansive
opportunities to grow the business here," said Taylor Connolly, Redfin District Manager for the
Northeast. "Entering Connecticut was a natural next step and one we
would have taken far sooner, if not for state laws that prevented
us from opening in Connecticut
until Redfin was a publicly-traded company."
With the arrival of Redfin come a host of technology features
that benefit both website users and brokerage clients:
- Book It Now: Ability to instantly schedule a home tour with a
Redfin agent with a single click from a browser, iPhone, iPad or
Android app.
- Redfin Estimate: A highly-accurate calculation of the market
value of an individual home.
- Redfin 3D Walkthrough: High-resolution, interactive views from
every angle inside homes listed with a Redfin agent.
- Instant Updates: Smartphone or email notifications when new
homes are listed or when prices drop.
- Tour and Offer Insights: Real-time statistics and notes from
Redfin agents about thousands of homes and offers.
- Redfin Matchmaker: Software that recommends unexpected listings
to Redfin clients.
- Deal Room: A real-time guide through the closing process,
including milestones, deadlines and tasks.
- Redfin Open Book: A resource for buyers and sellers that
includes reviews of lenders, inspectors, title companies,
handypeople and stagers, as well as feedback from Redfin
agents.
To find or sell a house and to connect with a local agent visit
redfin.com. To learn more about working at Redfin and to apply for
open positions visit redfin.com/jobs.
About Redfin
Redfin (www.redfin.com) is the
next-generation real estate brokerage, combining its own
full-service agents with modern technology to redefine real estate
in the consumer's favor. Founded by software engineers, Redfin has
the country's #1 brokerage website and offers a host of online
tools to consumers, including the Redfin Estimate, the automated
home-value estimate with the industry's lowest published error rate
for listed homes. Homebuyers and sellers enjoy a full-service,
technology-powered experience from Redfin real estate agents, while
saving thousands in commissions. Redfin serves more than 80 major
metro areas across the U.S. The company has closed more than
$50 billion in home sales.
For more information or to contact a local Redfin real estate
agent, visit www.redfin.com. To learn about housing market trends
and download data, visit the Redfin Data Center. To be added to
Redfin's press release distribution list, subscribe here. To view
Redfin's press center, click here.
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SOURCE Redfin