Like every new technology we develop, the Redfin CMA tool is the result of months of collaboration between Redfin engineers and real estate agents working together to build a better experience for our customers.
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Trulia Real Estate: Search Homes For Sale & Rent, Realtor.com Real Estate: Homes for Sale and Rent, Realtor.com Rentals: Apartment, Home Rental Search, Cookies help us deliver our services. For more information about working with a Redfin real estate agent to buy or sell a home, visit our "Why Redfin?," page. First of all, why was it important to have a Redfin CMA tool? is integrated into the Redfin Agent Tools platform, a suite of technologies built for Redfin agents that help them serve their customers efficiently. Alina writes about the real estate market in Washington, D.C. and works with media throughout the mid-Atlantic region from Virginia Beach to Philadelphia. Copyright: © 2020 Redfin.
They are just so wowed by that, and this kind of information has been extremely valuable in setting marketing strategies and determining when to list.
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The entire development process was driven by input from agents, based on the feedback from our clients. All rights reserved. I’ve been in the real estate industry for more than 20 years and the approach to technology is different at Redfin.
This type of collaboration between people of otherwise distinct professional backgrounds is what makes Redfin unique, so we thought it’d be interesting to share more about the development process. Search nearby homes, condos, and townhouses for sale.
TREC: Info About Brokerage Services, Consumer Protection Notice. Just by using it and presenting it to clients, I was able to identify bugs and suggest things to adjustments and improvements. For the uninitiated, a CMA is an assessment of the value of a home based on other recently sold comparable homes in the neighborhood, or “comps.” Sellers rely on their agent to provide an accurate and clear CMA as they consider their home pricing and listing strategy.
We incorporate technology into every part of the process to give our clients a competitive edge in the market and to help our agents be more efficient.
What’s great about Redfin is that we’re all invested in each other’s success. I used to constantly think about what new thing I might have to buy and what new expense I’d have to incur to stay ahead.
Because Redfin employs agents and engineers, we are uniquely able to bring those two disciplines together to quickly iterate and hone a product.
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It’s liberating to work for Redfin and know that I have all of these engineers and technology experts behind me. This field is for validation purposes and should be left unchanged. is mobile-friendly, allowing an agent to quickly and easily create a CMA for their client immediately following a home tour to help inform a smart offer strategy. Patent pending. This saves agents time and in turn, sellers can move and act faster.
We use technology to streamline the process and reduce costs, so that we can pass those savings onto our customers.
, a Redfin agent in Los Angeles who was a beta-tester and advisor on this project, for his insights into the tool and its creation.
It was quite a fun process to see the tool become more fully realized. Take video tours with a local Redfin Agent who will help you get the right home at the right price, or take a virtual walkthrough of homes from anywhere. The product we created is directly influenced by what the customer is telling us that they want.
It helps us work more efficiently so we can spend our time working with our clients. Agents needed better, faster tools with a more elegant final product. Where do we go from here? It is so cool to go into a meeting with a potential seller and be able to say, ‘there are 357 people looking for a house like yours right now.’ And I can tell them the number of agents on my team who are currently working with buyers who may be interested in their home. When you're ready to tour in-person, we make sure you're protected with contactless meetings.
Use filters to find exactly what you're looking for, then save your search and share your favorites with a co-buyer. Tell me about Redfin’s approach to agent technology?
incorporates real-time demand data, including the number of Redfin buyers actively looking for a home like the seller’s, to help the selling customer understand the current market trends that will influence their home sale.
Accurate pricing is critical to a home’s successful debut and sale. , helping agents easily and quickly develop an accurate pricing recommendation. Click here to get in touch with a local Redfin agent to give you a professional estimate of your home’s value and tell you more about the home selling process.
Search millions of homes for sale, rent & real estate listings in the U.S. Find rentals with detailed information for your search, including virtual tours. allows for complete customization, so that the final product is tailored to the particular client and their unique home.
Copyright: © 2020 Redfin.
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All rights reserved. Since Partner Agents aren't employed by Redfin, we can't guarantee our 1%–1.5% listing fee or offer a Redfin Refund for customers who work with a Partner Agent. She spends her free time fixing up her fixer-upper. Find out more about real estate agent commission.
These tools were a huge improvement from the old days of making grids on a spreadsheet, but they lack the additional homebuyer demand data Redfin is able to provide, as well as the ability to customize it with my own insights. to get in touch with a local Redfin agent to give you a professional estimate of your home’s value and tell you more about the home selling process.
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