Why doesn Redfin offer a refund in Oregon?
While it’s true that Oregon law 696.290 prevents us from giving home-buyers a commission refund, Redfin can still save you thousands of dollars when you buy a home in Oregon. In most situations, Redfin can apply the refund amount to reduce or completely eliminate your closing costs. These costs usually add up to about 1%-3% of your home’s purchase price, which can easily mean thousands of dollars.