Flat-Fees and Commissions

Because our clients come to us via our website, we can afford to charge the clients working directly with our own agent a fee often less than half the traditional agent's fee – and still get a better result.

A traditional listing agent usually charges 3% of the final home price. On a $500,000 home, 3% is $15,000.

Redfin charges a flat fee:

• $5,000 for our basic service: $750 in advance, $4,250 at closing
• $7,000 for our premium service: $750 in advance, $6,250 at closing

If the house doesn't sell, you pay only the advance materials fee. When you buy and sell through Redfin, we lower our fee on the second transaction by an additional $1,000.

On a $500,000 home, you save between $8,000 and $10,000. That's money you can keep for yourself – or invest in sprucing up the listing so it sells for a higher price.

Aside from what you pay Redfin, we recommend that you pay the buyer's agent a traditional commission of either 2.5% or 3%. This ensures traditional agents will show your listing, and still lets you save thousands on the fee to Redfin as your listing broker.

You Save: $8,000
Redfin Keeps: $7,000

Redfin's listing services charges a flat-fee instead of a commission. For a $500,000 property, you save $8,000 on the listing agent's commission; $23,000 on a $1 million property.

In outlying areas where Redfin does not offer direct service from our own agents, we give you a choice of working with a partner agent, which has a different cost. It is always clear on our site what type of agents is available to you, so you know when you're working with Redfin directly or with a partner.

Rather than charging a flat fee, our partner agents charge a commission, usually 2.5% or 3% of the home price. But because you come to the partner having done your market research on Redfin, you receive a credit of 15% of the commission, and still leave plenty of money for the listing agent to market the home. You get the credit at closing.

On a $500,000 home sold through a partner agent with a 3% listing commission, the savings would be: $500,000 x 3% x 15% = $2,250.

On a $250,000 home, the savings would be $1,125.