In the two new markets, Redfin agents — who are employees, not independent contractors — will sell homes for a 1.5 percent listing fee versus the industry standard 3 percent. However, 1.5 percent is still higher than the 1 percent listing fee Redfin offers in many other regions of the country.
Source: Inman News
Redfin expands in the Midwest, launches in Des Moines and Lincoln
Published in Agent, Book It Now, Brokerage, des moines, discount brokerage, Industry News, lincoln, nebraska, omaha, Redfin and Technology
More from AgentMore posts in Agent »
- RateMyAgent and Curated Social merge to form Renowned platform
- ‘He didn’t even say he was sorry’: Brooklyn investor gets prison time for 12-year deed fraud scheme
- Crack the code on social media: Now Streaming
- NAR scores a victory in buyer commission lawsuit
- FICO scores, magic phrases, earnings digs: Inman Top 5
More from Book It NowMore posts in Book It Now »
More from BrokerageMore posts in Brokerage »
- FICO scores, magic phrases, earnings digs: Inman Top 5
- Where else is Zillow not enforcing its private listing ban?
- All about the Benjamins: 5 things to know before throwing money at real estate problems
- Alexander brothers denied motion to dismiss sex-trafficking charges
- Redfin site fluke exposed past users’ data on listing contact forms
More from des moinesMore posts in des moines »
- 5 things to do today to give yourself a fighting chance on ChatGPT
- Gibson defendants make another attempt at escaping Missouri judge
- Americans aren’t waiting for marriage to buy a home: Study
- Redfin expands estimate coverage, cites greater accuracy
- There’s a solution for high home prices — but most don’t want it
More from discount brokerageMore posts in discount brokerage »
- NAR defeats discount brokerage Homie in antitrust lawsuit
- Once on a path for expansion, Homie now a shell of its former self
- Buyer agents are already cutting commissions: The Download
- Court thwarts NAR, orders execs to turn over evidence in REX case
- KW demands REX turn over audio recordings in commission suit
More from Industry NewsMore posts in Industry News »
- Zillow defends private listing rule, criticizes Compass in new filing
- NAR’s Kevin Sears: We need to ‘show everybody that we as Realtors are pro-consumer’
- Despite unease, Compass poised to retain most Anywhere agents
- New Opendoor CEO’s plan: ‘Buy more good homes and get more good sellers through our funnel’
- Offerpad home sales, acquisitions hit new low in Q3 2025
More from lincolnMore posts in lincoln »
More from nebraskaMore posts in nebraska »
- Stop freaking out about 50-year mortgages. They might save the housing market
- What Zillow’s Matterport fallout means for agents like you
- 5 things to do today to give yourself a fighting chance on ChatGPT
- Evergreen Home Loans hiring to serve 29 additional states
- These agents are ‘drowning.’ AI was supposed to save them
More from omahaMore posts in omaha »
- Berkshire Hathaway names new president of HSF Affiliates
- Warren Buffett to step down from Berkshire Hathaway role
- Homebuyers and sellers have a ton of misconceptions, new poll shows
- America’s hottest neighborhoods: Blackstone District in Omaha, NE
- Price cuts, while rare in this market, often lead to greater profit: Zillow
More from RedfinMore posts in Redfin »
- Redfin site fluke exposed past users’ data on listing contact forms
- Stop freaking out about 50-year mortgages. They might save the housing market
- Zillow defends private listing rule, criticizes Compass in new filing
- Homebuyers like ‘high-touch’ loan advisors equipped with tech tools
- Jason Oppenheim: ‘Epic’ real estate + big drama makes new ‘Selling the OC’ season the best yet
More from TechnologyMore posts in Technology »
- RateMyAgent and Curated Social merge to form Renowned platform
- Zillow defends private listing rule, criticizes Compass in new filing
- Homebuyers like ‘high-touch’ loan advisors equipped with tech tools
- Realtor.com puts ‘spotlight’ on listing agents with new feature
- Why 88% of agent conversations never make it to the CRM
Be First to Comment