Why doesn Redfin service properties under $175,000?
Homes with list prices below $175,000 don’t generate a gross commission to cover our $5,500 minimum commission. We never want you to pay out-of-pocket costs to cover our agent’s commission, so we choose not to tour or service properties below $175,000. Since we can’t provide you with a commission refund below this price point, we suggest that you hire an attorney to help you and negotiate with the listing agent directly. To see how Redfin calculates our commission refund, please see the next question.
