Thursday, January 7, 2010

The Redfin Connection

The partner agent has been asking for more information on what we're looking for, what are limitations are, looking forward to talking and/or meeting us. Seems like a reasonable request, but we weren't too sure what the limitations of Redfin are. The premise seems to be that you do the research yourself. The agent comes in when it's time to put the offer together and close the sale. The agent saves the time they would normally spend driving you to and fro, and thus you get a credit from their normal commission. That said, we were a little reluctant to get the agent to wound up.

Just to clarify things I gave Redin a call. Yes a call on a phone. They actually answered, and I spoke to a live, english-speaking, human being within seconds. The summary is:
1. Initiate contact with the agent through the Redfin website
2. Submit your offer through the Redfin website
You should be covered. How much time the agent spends doing research and showings is up to their discretion.

PS - Don't take my word for it on any of this. I'm not a realtor, lawyer, or employee of Redfin, but this appears to be the case.

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