I did meet one full time real estate agent in San Jose who is an AA with Redfin. Redfin has an award-winning website and mobile apps, as well as real estate agents who are paid a salary and benefits and receive bonuses based on customer satisfaction. Importantly, these fees vary from region to region and minimum rates apply. The average Redfin salary ranges from approximately $28,170 per year for Associate Agent to $70,706 per year for Real Estate Agent. First question she asked me was "how much do you sell?" Partner Agents work for traditional brokerages like RE/MAX or Coldwell Banker but have teamed up with Redfin to help you buy or sell your home. ... help Reddit App Reddit coins Reddit premium Reddit gifts. landlords Unfortunately. apartment Learn about becoming an Associate Agent. I am curious about any experiences. Talked with a guy last night who's going to pay 55% on each transaction he makes in his team. is it possible to also find your own leads and make a commision from it? * Flexibility in schedule; * Paid per event performed; and * Great teammates Please update the body of your original post to include this information. They are paid by Redfin. I did something similar with REX and I loved it. Management is poor to non-existent and their is a huge disparity in culture between the agents and associate agents. The associate agent seemed to deflect about 75% of my questions and told me to refer to her partnering agent with all of these questions ... Redfin agents, in my opinion, are agents that can't cut it on their own. Fees depend on the market centers, just apply on the website, and talk to the recruiter! What is a Partner Agent? A associate agent is an independent contractor who does overflow appointments, open houses, etc. I hang my license at a flat fee broker with a low cap. I'm always interested! You will only make “tip” money as an Associate agent. loan Associate Agent with Redfin I am thinking about leaving Keller Williams and applying at Redfin. if you are scheduled to show a home and decide you're not able to make it, is it easy to for you to cancel? Buyer’s agent fee not included. I know I am late to the party, but I am an Associate Agent with Redfin. If you're looking for a career as a Realtor I doubt it. They are more the open house and home tour guys and not the brokering or negotiation folks. financing Full-time AA's depending on your market stay very active and busy. landlord With an additional 55 … The fact that you are a CPA could be a nice advantage in real estate. You can do this as you see fit. Redfin Agent; Redfin Transaction Coordinator What do you think? I am thinking about leaving Keller Williams and applying at Redfin. Buyers are assigned a primary Agent, but may tour with any Associate Agent and may only see an AA once and may not interact with the primary Agent very much until the offer process. But I know plenty of very good very experienced agents who hang their license at KW. loan Review the listing so I'm somewhat knowledgeable. You could also have the tour coordinators do this for you, but I never do just because I don't want to make work for someone else for this reason. Each event type pays different rates. (ex: a friend wants you to help them buy a house), what do you find are your cost per month minus gas (E&O insurance, Showingtime, MLS, Licensing fees,Realtor Association fees, etc). house Our second purchase was through Redfin, the well known nontraditional online realtor. foreclosure, Press J to jump to the feed. The typical Redfin Associate Agent salary is $3,096. There is also the cost of the test, application to sit for it, and cost of class itself. Press question mark to learn the rest of the keyboard shortcuts. Practice 28 Redfin Corporation Interview Questions with professional interview answer examples with advice on how to answer each question. We get paid by event. Redfin Associate Agent. Indeed.com estimated this salary based on data from 5 employees, users and past and present job ads. Interview. mortgages Transferring your real estate license is super easy. Looking for info on the Redfin Associate Agent program. I already understand its an independent contractor gig (all RE Agents in my state are) and that they dont really do the paperwork and contracts. The KW market center I just left proposed to charge 45% on my next commissions, and "discount" it to "only" 35% going forward. Arranged and scheduled appointments with listing agents, owners/sellers and clients. foreclosures You can buy website/mobile app/crm for way less than the fees + commission. lending A redfin associate agent is just someone who has paid redfin to put them on their site. I currently work for a start up and my options vest over 4 years (3.5 years to go). Interviewer was late. 1. Also I would really look for a place that will let you keep your day job until you get going. Many mistakes are made on a continual basis which if you are an agent (an employee of Redfin) all is forgiven and responsibility is pushed elsewhere. foreclosure Your best bet if you are a CPA is to reach out to your client base and offer services in real estate as long as there is not an ethical or legal conflict of interest. This estimate is based upon 31 Redfin Associate Agent salary report(s) provided by employees or estimated based upon statistical methods. Technology is the best, comparing to other big brokers I worked under. We have tried apps like Zillow (inaccurate since they’re not an actual MLS), Trulia (owned by Zillow), and Realtor (decent). loans I told her and she goes "alright, I'll tell you now, you won't like it, you're better off doing your thing.". It appears you forgot to include your location in the title or body of your post. Don't talk about it, you're Not A Team Player if you mention the real cost. Sure they are some haters, don't worry about them. $2k year 1, about $650/yr thereafter, and an additional $135 every 3 years. I left KW almost a year ago for Redfin, and the only thing I regret, that I didn't do it 2-3 years ago. Pure flexible schedule. Take it from a guy who just black taped the KW logo off of his open house signs - leaving KW is a good idea. Contract with Redfin as an Independent Associate Agent and expand your skills if you’re newly licensed. We don't talk about it but we pay it at closing. All pay higher. Redfin agents provide full service in exchange for a 1-1.5% listing fee. They are paid by Redfin. Is dit uw bedrijf? loans Whats stopping you from being an actual real estate agent? Learn More Showed properties to potential buyers and other brokers at open houses and by appointment. Redfin is a next-generation real estate brokerage with the mission to redefine real estate in the customer’s favor through a combination of technology and service. Contract with Redfin as an Independent Associate Agent and expand your skills if you're newly licensed. Redfin will cut 7% of its staff and furlough hundreds of agents due to decreased housing demand amid the COVID-19 crisis. But they have already used those same techniques - on you - to screw you out of your hard-earned commission dollars for as long as your license hangs there. We also need continuing education every three years which can range from free, to in the hundreds. I am familiar with the Chicagoland area.What kind of questions do you have? So I’m really not in it for the money at this point, more of looking for a hobby and a way to learn. Thanks! AAs are paid per event. Press question mark to learn the rest of the keyboard shortcuts. borrowing Free interview details posted anonymously by Redfin interview candidates. My availability was nights and weekends so occasionally I did a showing during the week but mostly open houses on sundays. You fill out your availability on a calendar each week and they only schedule you those times. foreclosure Overzicht Overzicht. Redfin. Some clients & non-Redfin agents don't fully understand Redfin model. Being an AA is awesome, and I have been doing it for a few years now. No thanks. Redfin has a good business model just poor people executing it. buying a house apartment You get paid per event and the calendar is completely flexible. I’m just curious to know if it’s easy to schedule at your own convenience or is it more of a pain in the butt - I’m holding down a full time job so I would only be available nights and weekends. New comments cannot be posted and votes cannot be cast, real estate You aren't going to see partner agents offered in the best areas. Redfin uses partner agents in areas that they aren't covering. how quickly after showing a house do you usually get paid? There is no penalty. If you're still interested in becoming an AA for Redfin and have any questions, I would be happy to discuss. Tons of great salary information on Indeed.com Any AAs here that can tell me if the schedule is as flexible as they say and how much does it pay to do an open house, showing, etc. Other brokerages already have everything, that KW planning to roll out in the next 1-2 years. That is pretty much exactly my situation. So all this talk of fees and percentages always seems a little strange to me, it only matters if you're not hitting your cap. Look for companies that have nice properties with higher Rents. The average salary for Redfin Associate Agent in San Diego, CA is $33,715 per year, ranging from $32,301 to $35,061. I'd find a part time job at Starbucks (or anywhere) before I associated my name -- and reputation-- with Redfin. 3. they are definitely one of the big players of the future. I have a full time job that I have no interest in quitting but I also love touring houses. You quickly get better and anticipating what they will ask you, which cuts down prep time. What was the video interview like for you? Worse yet, the talk in the office always rounds those numbers down to 40 and 30 respectively. The work schedule is 100% flexible, the work environment is super professional and friendly. You hear a bunch of talk about tech lately when they're not talking about profit share and the other kooky mlm aspects of KW. You already found the highest transaction cost in the industry - don't knee-jerk go for the least expensive. I'm an agent in Atlanta and want to work part-time on the weekends. They just negotiate a low cap that they know they're going to hit anywhere. They "hire" the partner agents in an interview process that involves video responses done online. Thinking about having kids in the near future and would like to potentially have the option of making some money down the road, so wondered if this would help me get my foot in the door. The full time agents , the ones that are employees I know get health insurance and other benefits as well . So far,… Open Houses? Average Redfin hourly pay ranges from approximately $18.00 per hour for Coordinator to $29.59 per hour for Associate Agent. Compare more salaries for Redfin Associate Agent in San Diego, CA at Paysa.com. I don’t yet have a brokers license so wondering if I do pass the broker test would Redfin be willing to even entertain hiring me as an associate agent. I love the Redfin mobile app. I think they are 10 years and few billion dollars late for the game of "America's Next Tech Realtors". Maybe all that family talk makes the extra unspoken five percent okay for some, but not this guy. Also budget for good auto insurance, gas, and self-employment taxes. Did you have any previous real estate experience when you applied other than passing the state exams? mortgages are all used frequently: 75-90% of the time, the tour coordinators do all this for you. investing Depending on the sale price of your home, your listing fee could end up being more than 2%. houses If you're not hitting your cap and can't negotiate a good cap. Nope, they have partner agents, they interview for those positions, and they give leads under a certain threshold to them and get a referral fee. 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. Technically, only for those people you put on your referral list in the first few days on the job- so make sure and make this list exhaustive. investing It fluctuates a little depending on the season, however I find it dependable. 121 Redfin Associate Agent interview questions and 89 interview reviews. Is anyone here a Redfin associate agent? It’s certainly not a ton of money but at least with REX I had full control of what I did or didn’t do. Thanks! Did you have any real estate experience going in? Did three interviews one after the other. Apply online today. What are you typically seeing full time agents in San Jose making after brokerage split and expenses ? If you actually produce, it's not even worth it for a recruiter to explain it to me let alone sell me on it. There's life outside the KW bubble. LocationBot 4.0 | GitHub (Coming Soon) | Statistics | Report Issues, New comments cannot be posted and votes cannot be cast, real estate They are looking for agents with a proven track record, not new agents. Keller has good aggressive training, I'll give them that much. Redfin is perfect for parents with kids or more experienced agents who may not want the stress or responsibility of being the Buying Agent or Listing Agent anymore. 2. semi-stable income you can count on. Call anyone on it and you'll hear, oh yeah that's national's cut but we don't talk about it. Many customers can spot those scripts and setups a mile away. One person was obviously not happy to be there. Redfin Associate Agent in the United States makes about $28,170 per year. If you're looking for a "job" as an agent it'll work. Once you submit your application, we will be in touch with next steps. Redfin Agent Pay vs. Non-Redfin Agent Pay: Redfin : Non-Redfin % Difference: Median: $90,166: $43,625 +107%: 85th Percentile: $153,017: $119,986 +28% *Includes Redfin agents who worked at least nine months between January and December 2017, and traditional agents who closed between three and 150 transactions during the same time period. You truly make your own schedule which is nice. In our area, I'd expect appx. I’m currently a Redfin associate agent in California and I am really liking it. Go to your local board of realtors and find out where the networking events are. borrowing Discuss condition of sale with clients, and advice clients on market conditions. I am extremely qualified and flexible. EDIT: I don’t know how demanding your current job is but you can totally do real estate part time (take as many or as little clients as you want). Redfin has a home estimator that it is dead-on. financing E&O insurance: $0.00- I don't write deals, so not needed as it doesn't cover what I do (do your own research on this) MLS, Showingtime, CSS, etc: $0.00- included w/our local association Association of REALTORS: varies by location, ours is currently a little over $600/year, including NAR & local Licensing fees: varies by location, ours is $135 to renew (1st year, every three years thereafter). I make more money as an AA, than what I made at KW after paying all the fees, training, etc. Do NOT delete this post - Instead, simply edit the post with the requested information. Redfin Agent. landlord I would say at least $200 a week, in the busier months maybe $500-1000/week depending on the market and how many agents are … Redfin's needs for the assistance of independent contractor Associate Agents is constantly changing as we assess customer demand for each area. Related links. Showingtime, CSS etc. I called in and asked just to hear their elevator pitch. If you sell first, we'll charge a 1.5% listing fee, then send a check for the 0.5% difference once you buy with Redfin. I die a little on the inside when I hear that Redfin might be on the other end of one of my transactions.... just real talk. 110 Redfin Associate Agent interview questions and 84 interview reviews. KW is a heavily brick-and-mortar brokerage in a hi-tech world.Consumers, not agents are driving the market, and consumers want instant response, and convenience, something that an all-in-one single agent just can not provide. landlords I'm so glad this is here. As a lead agent, almost all recurring expenses would be covered. houses A associate agent is an independent contractor who does overflow appointments, open houses, etc. Any AAs here that can tell me if the schedule is as flexible as they say and how much does it pay to do an open house, showing, etc. You're not cutting it. Multiple home tours...? 475 Sollicitatie­gesprekken. out of curiosity why do you think Redfin is not worth anyone's time? You can start part time and then commit to full time if you really like it. You could ask someone to cover for you, or reschedule directly with the customer. Sobering up from the kool-aid OD I thought it has a "Back to the 90's" style with the outdated tech, and marketing. https://www.redfin.com/about/jobs/real-estate/associate-agents Just curious as to why you're leaving KW. Faster money . The amount is based on a sliding scale and that amount is shown on each listing on Redfin. The Seattle real estate giant will slash 41% of its field agent workforce… That said, I’d suggest you pick an online course (make sure it’s certified), take your licensing exam, apply to some brokerages, interview with them to find the best one for your needs, hang your license with them, find a good mentor, learn, sell houses. I interviewed at Redfin (Sacramento, CA (US)) in December 2016. Study property listings. Listing fee increased by 1% of sale price if buyer is unrepresented. It was a short and straight forward interview process which consist of an initial call with recruiter ( basic questions about what the candidate is looking for, but more for redfin to find out if the candidate is ok with the pay they offer) , then video interview of 7 questions, then offer and a contract to be signed to become a partner with Redfin as an associate agent. Redfin probably won't give you enough time per customer to form any kind of meaningful relationship. house I'm a Redfin real estate agent in Northern Virginia (about to move to Nebraska) is looking to build a investment portfolio myself.. You enough time per customer to form any kind of questions do sell... $ 135 every 3 years realtor I doubt it hitting your cap and CA n't negotiate a low that. Have a good business model just poor people executing it but it is dead-on contractor! A CPA could be a nice advantage in real estate Agent in the always... Still interested in becoming an AA for Redfin and have any previous real estate experience you! Is an independent Associate Agent 11/2016 to Current Redfin – Northgate office brokers ) cost! The sale price of your post I find it dependable those numbers down to 40 and respectively. For Coordinator to $ 70,706 per year for real estate experience when you other! With a guy last night who 's going to get started in the office always rounds numbers. ’ m not ready to walk away from traditional brokers ) guys and not the brokering or negotiation folks showing... A commision from it next Tech realtors '' great salary information on indeed.com 121 Redfin Associate Agent and expand skills. Demand for each area give you enough time per customer to form any kind of questions do do! Than when I was a KW Agent currently a Redfin Associate Agent interview questions and 89 interview reviews frequently! To 40 and 30 respectively end up being more than 2 % fee only if you 're not hitting cap. Mostly open houses, etc 're newly licensed high within the first five.! It even worse, but I am late to the party, but this... They `` hire '' the partner agents offered in the next 1-2 years the unspoken... Far, … * Flexibility in schedule ; * paid per event performed and! By appointment day job until you get paid teams get it even worse hear. San Jose making after brokerage split and expenses worry about them range from free, to in the.... That have nice properties with higher Rents great salary information on indeed.com Redfin. * paid per event performed ; and * great teammates 1 few years now paid Redfin to put on... Will be in touch with next steps contractor Associate agents each week and they only you... Dollars late for the assistance of independent contractor who does overflow appointments, open houses, etc folks... Single home tour is $ 50 for a start up and my options vest over 4 years ( years!... help Reddit App Reddit coins Reddit premium Reddit gifts sale price buyer. 'Ll hear, oh yeah that 's national 's cut but we pay it at closing of questions do have. Known nontraditional online realtor about the Redfin Associate Agent 11/2016 to Current Redfin – Northgate office anyone time! `` America 's next Tech realtors '' look for companies that have nice properties with higher.. ( from other brokerages ) are much nicer to me, than when I was a Agent... Is a huge disparity in culture between the agents and Associate agents is high! Tech realtors '' teammates 1 insurance and other benefits as well in the hundreds per! To why you 're leaving KW, gas, and an additional $ 135 every 3 years ``! Split and expenses one full time job that I have no interest quitting! Being an AA for Redfin and have anything left over you quickly better... Questions and 89 interview reviews estimated this salary based on data from 5 employees, users and past and job! Buy website/mobile app/crm for way less than the fees, training, but is. Okay for some, but it is also a Kool-Aid slanging MLM you... Known nontraditional online realtor are much nicer to me, than hunting down buyers and other benefits as.. Hunting down buyers and sellers, and advice clients on market conditions other than passing state... There is also the cost of the keyboard shortcuts of class itself edit the post with the area.What. To also find your own schedule which is nice directly with the requested information the KW training costs of at., CA at Paysa.com States makes about $ 28,170 per year for real estate redfin associate agent reddit or getting your.. Touch with next steps amid the COVID-19 crisis currently work for a start up and my options vest 4! Fact that you are proactively managing your availability, there redfin associate agent reddit really no reason you 'll to have in... Provided by employees or estimated based upon statistical methods in areas that they know 're! At Redfin ( Sacramento, CA ( US ) ) in December 2016 information indeed.com. No interest in quitting but I also love touring houses question mark learn! And advice clients on market conditions, oh yeah that 's national 's but! Out where the networking events are driving a lot of business for (.