Redfin, "Tech-Powered" Realty Firm, Expands To Chattanooga

Wednesday, October 30, 2019

Redfin, described as a tech-powered real estate brokerage, announced its launch Savannah, Chattanooga and Northern Kentucky.

Officials said, "In these markets, people can now buy and sell homes with Redfin's full-service agents and use Redfin's industry-leading website and IOS and Android app to search all the homes for sale.

Homebuyers can receive instant updates on their phone the moment a new home hits the market and book a home tour with a Redfin agent with the click of a button.

"By meeting customers through the Redfin website and using technology to make the buying and selling process more efficient, Redfin's local agents are able to provide full service and charge a lower fee. In these new markets, Redfin will sell homes for just a 1.5 percent listing fee. A local homeowner selling a $300,000 home would save $4,500 working with a Redfin agent rather than a traditional agent charging a three percent listing fee.

"Redfin agents provide a complete home-selling service including pricing and staging advice, free professional photography, a 3D virtual tour and digital marketing. Redfin also refunds a portion of its commission to its home-buying clients. The homebuyer refund is not available in Chattanooga due to state law.

"Redfin has a unique brokerage model designed around transparency and customer service. Redfin agents are employees, who are paid a salary and receive bonuses based in part on customer satisfaction, which makes them accountable to deliver results for their clients. Redfin customers are asked to review the service they received from their Redfin agents and the reviews are published on the agents' online profiles.

"The newly launched markets extend Redfin's existing service in neighboring metro areas, including Charleston, S.C.; Cincinnati, Atlanta and Knoxville."

"Redfin is now in more than 90 markets in the United States and Canada and we're thrilled to bring our local agent service and technology to these thriving new regions," said James Marks, Senior Director of Emerging Markets at Redfin. "Buyers and sellers are looking for a modern, convenient real estate experience and our expert agents in South Carolina, Tennessee and Kentucky are ready to help them today."


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NOTICE: The Hamilton County Register’s Office did not publish this data. All information in the Register’s Office is public information as set out in T.C.A. 10-7-503. For questions regarding this report, please call Chattanoogan.com at 423 266-2325. GI numbers, listed when street addresses are not available, refer to the location of transactions (book number and page number) in ... (click for more)

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