What is a Redfin agent base salary?

The median income for all Redfin lead agents was $112,200 in 2020. Redfin median income includes salary, bonuses from home sales and Redfin stock. It does not include the value of the benefits and expenses that Redfin covers for agents, which total about $25,000 per agent per year.

How much money do Redfin associate agents make?

Average Redfin Associate Agent yearly pay in the United States is approximately $33,197, which is 18% below the national average.

How much do top Redfin agents make?

Redfin Real Estate Agent Salary in California

	Annual Salary	Monthly Pay
Top Earners	$98,310	$8,192
75th Percentile	$98,310	$8,192
Average	$65,649	$5,470
25th Percentile	$41,290	$3,440

Is being a Redfin agent worth it?

Great for getting into business You’ll scrape by and learn how to talk to clients and other realtors. Though you won’t ever see the deal side of things. Expect to lay the first brick and then leave. Overall, it’s a good starter position but don’t expect a lavish income or to be challenged, just busy sometimes.

What is Redfin Commission?

We charge a 1.5% listing fee when you sell, and a 1% listing fee when you sell and buy with us. Our customers who sell first, then buy, will pay a 1.5% listing fee on their sale, then get a check back for that 0.5% once they buy, subject to our minimums.

What is an associate agent at Redfin?

Associate Agents are independent contractor real estate agents who contract with Redfin as needed to take buyers on home tours and attend open houses and home inspections.

What is a lead agent at Redfin?

Redfin real estate agents work with the company’s team of engineers to create tools that make the buying and selling process easier. As a Redfin Agent, your job is pretty simple: delight your customers. You won’t be thrown to the wolves or spend your days cold calling, door knocking, or direct mailing.

Is Redfin making money?

Its core revenue stream, just like any classic real estate brokerage, came from charging an agent fee for every sale made through its platform. The company’s scope has widened ever since. Redfin now makes money from flipping homes, selling mortgages, as well as advertising service professionals.

What is Redfin agent commission?

What is a Redfin agent base salary? The median income for all Redfin lead agents was $112,200 in 2020. Redfin median income includes salary, bonuses from home sales and Redfin stock. It does not include the value of the benefits and expenses that Redfin covers for agents, which total about $25,000 per agent per year.…