How accurate is Redfin estimate?
The Redfin Estimate is highly accurate, with a current median error rate of just 2.31% for homes that are for sale, and 7.41% for off market homes. This means that when a home that is currently on the market sells, the Redfin Estimate will be within 2.31% of the sales price half of the time.
Does Redfin earn?
Redfin makes money from listing fees, flipping homes, referral fees, and ancillary services. Redfin breaks its revenue down into two distinct segments, namely Service and Product. Within each segment, the company has various streams of income.
Is Redfin a free app?
You can download the app and browse listings for free. But if you want to use Redfin services or a Redfin agent to buy or sell your home, you’ll need to pay associated listing and service fees.