Redfin is a technology-powered real estate brokerage that represents people buying and selling homes. Founded and run by technologists, Redfin has a team of real estate agents who earn a salary and customer-satisfaction bonuses, not commissions. Redfin.com features all of the broker-listed homes for sale, as well as for-sale-by-owner properties. Redfin real estate agents work with the company's team of engineers to create tools that make the buying and selling process easier. As of March 2014, the company serves 23 major markets across the U.S. and has closed more than $13 billion in home sales.
The service launched in February 2006.
Redfin's main competitors include real estate search services like Trulia, Zillow, Estately and Realtor.com, and traditional real estate brokerages. None of their competitors combine online real estate search/technology tools and brokerage services.
On their site, Redfin combines MLS listing information with historical data into a single map. You can search for homes by neighborhood, city, zip code, MLS number or school zone, and you can refine results using detailed parameters like price and number of beds or baths.
The company was founded by David Eraker and is based out of Seattle; there is also a San Francisco engineering office, and local agents in each of the markets Redfin serves.
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Real Estate Search
Movoto is a full-service real estate brokerage that provides customers with search tools and information on top agents.
The Housing Block is a real estate search engine for home buyers and sellers.
Estately is a real estate search site where users can search for information on houses for sale on a map and view detailed descriptions.
Zillow is an online real estate marketplace for finding and sharing information about homes, real estate, and mortgages.
Trulia is a real estate site providing information on properties and real estate professionals for home buyers, sellers, owners and renters.
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