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About Discounted Redfin Rebates for Real Estate Buyers
Redfin rebates a portion of its commission back to home buyers in exchange for buyers doing most of the research themselves, and on the sell-side offers to list homes for a flat rate. The company claims to have saved home buyers nearly $6 million in commissions since May 2006.
Critics within the industry say that this type of business model in which consumers do much of the work themselves in exchange for a discount comes at the expense of the agent working the opposite side of the deal. In addition to Redfin, many companies have begun offering discounted commissions to consumers who prefer to handle some aspects of the sale without the help of an agent.
Hipotecas Prestamos July 18, 2007 11:30 AM