How much money can I expect to save through Redfin?
Usually, you can expect to save 1.5% of the final home price. The amount varies depending on the commission the seller offers buyer’s agents. The typical commission for a buyer’s agent is 2.5% or 3% of the final home price, depending on the market. Redfin keeps one half of the commission and you get the remaining half at closing. Our minimum fee is $5,500, so if the total commission is less than $11,000, we still keep $5,500 and refund to you the rest. If the commission is less than $5,500, Redfin will support the offer only if the list price is over $175,000. In these cases, Redfin will keep the full commission with no additional fees from you.
