Please wait as we prepare your PDF file ....

Mission Chronicle Blog

Search Blog

our goal is to help you stay informed by providing timely and interesting articles.

Redfin slashes (or eliminates) ‘partner agent’ rebates

01/05/2016

Download PDF

In a move that the brokerage says reflects its growing focus on offering savings to homesellers, Redfin has announced plans to slash or eliminate the rebate it offers to buyers whom the firm refers to non-Redfin agents, known as “partner agents.” The rebate reduction will take effect Feb. 1. From commission split to flat refund For closings above $200,000, the brokerage will reduce the rebate from 15 percent of a buyer’s broker’s commission split to a flat refund of $500. While partner agents were responsible for paying the rebate to Redfin referrals in the past (as a refund or closing credit), Redfin will now issue the rebate directly to referrals in the form of a $500 check. Buyer referrals who purchase a home for less than $200,000 with a Redfin partner agent will no longer…

Source: click here

Read More

INSPIRED, INTELLIGENT, INSIGHTFULL

STAY INFORMED WITH TIMELY AND INTERESTING ARTICLES FROM OUR BLOG, MISSION CHRONICLE. OUR ASPIRATION IS TO PROVIDE REALTORS AND OTHER REAL ESTATE INDUSTRY PROFESSIONALS WITH EXCEPTIONAL RESOURCES AND SHARE OUR KNOWLEDGE TO PROPEL YOU TO YOUR GOALS.

  • EyeSpy360 is the virtual tour platform you don’t know you’re already using

    Have suggestions for products that you’d like to see reviewed by our real estate technology ex...

  • 5 trending energy-efficient features your buyers are looking for

    For luxury homebuyers, energy-efficient features are an appealing add-on. Buyers are on the lookout ...

  • Fast (and well-timed), video-tour app Replay Listings hits all the marks

    Have suggestions for products that you’d like to see reviewed by our real estate technology ex...

  • Bring your design in-house with RelayThat’s easy-to-use tools

    Have suggestions for products that you’d like to see reviewed by our real estate technology ex...

  • Digs app unearths the saving secrets to homebuying

    Have suggestions for products that you’d like to see reviewed by our real estate technology ex...

  • Trending flooring styles that sell

    For many buyers, flooring is an unexpectedly key factor in the choice of a home. Flooring can unify ...

  • PlanetRE’s consumer app is more MLS than search friendly

    Have suggestions for products that you’d like to see reviewed by our real estate technology ex...

  • Daily Dispatch: Has the virtual brokerage finally arrived?

    Every day, Inman founder Brad Inman texts and talks with many of the most important people in the re...

  • Daily Dispatch: The new vacation rental landscape

    Every day, Inman founder Brad Inman texts and talks with many of the most important people in the re...

  • Overcoming the sales hurdles of outdated design

    Properties with dated design can be a challenge for luxury real estate agents, but they can also pre...

July 2020
Mon Tue Wed Thu Fri Sat Sun
 12345
6789101112
13141516171819
20212223242526
2728293031  

  • Polls

    What information you are looking for?

    View Results

    Loading ... Loading ...
  • Last month Results

    How Is My Site?

    • Good (100%, 3 Votes)
    • Excellent (0%, 0 Votes)
    • Bad (0%, 0 Votes)
    • Can Be Improved (0%, 0 Votes)
    • No Comments (0%, 0 Votes)

    Total Voters: 3

    Vote

    Loading ... Loading ...