Redfin Hot Home Percentage. Redfin data finds that 60.9 percent of home offers were engaged in bidding wars in february 2021, which is a higher percentage than in previous months. The number one advantage of redfin is in cost savings.
The standard brokerage commission on a home sale is 6%, with 3% going to the buyer’s agent and 3% going to the seller’s agent. A sacramento bee scan friday of online sites zillow, homelight. This total fee is typically split down the middle between the two agents handling the sale:
A sacramento bee scan friday of online sites zillow, homelight.
The median error rate of the redfin estimate is 1.77% for homes on the market, the company says. It depends on the price of the home you're buying. “this means that when a home that is currently on the market sells, the redfin estimate will be within 1.77% of the sales price half of the time.”. We label these hot homes on the map, so it’s easy to.
