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MeetUp: DIY Homebuyers: Pluses, Minuses of RedfinDirect?

 
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Have you made an offer directly to a listing agent in the past?
Would never!
0%
 0%  [ 0 ]
Have considered but not yet
0%
 0%  [ 0 ]
Total Votes : 0

Author Message
RealEstateCafe



Joined: 11 Dec 2007
Posts: 234
Location: Cambridge, MA

PostPosted: Sun May 12, 2019 3:40 pm GMT    Post subject: MeetUp: DIY Homebuyers: Pluses, Minuses of RedfinDirect? Reply with quote

#RebateUp weekend: Redfin rocked the real estate industry this week by announcing a stealth project we spotted a month ago. They're using Boston as a test market for a new direct offer option for their listings that supposedly gives DIY homebuyers a financial advantage -- forego working with any buyer agent, including a Redfin agent, so your offer nets the seller more profit.

We'd like to invite homebuyers who are actively looking for homes, particularly those using Redfin's website, to participate in a round table discussion about what they perceive as the pluses and minuses of Redfin's approach. The photo above is linked to the question we posed on Twitter and cross-posted on our Instagram account:

#DIY Homebuyers: Submitting offer directly on @Redfin listing? Why deny yourself 100% #rebate of #BuyerAgency fee hidden in sales price?

http://bit.ly/InstAbandonFIN

+ + +

#RebateUp weekend is cross-posted on MeetUp & Facebook events: http://bit.ly/RebateUp_OfflineBOS
http://bit.ly/RebateUp_EventFB

We've invited Redfin to join us, see thread with their CEO: http://bit.ly/RebateUP_Invite2Redfin

Text #RebateUp to 617-661-4046 to meet at your preferred time, location this weekend, near Harvard or accessible via bus
_________________
Bill Wendel
The Real Estate Cafe
Serving a menu of money-saving services since 1995
97a Garden St.
Cambridge, MA 02138
617-661-4046
realestatecafe@gmail.com
http://realestatecafe.com/blog
http://twitter.com/RealEstateCafe
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RealEstateCafe



Joined: 11 Dec 2007
Posts: 234
Location: Cambridge, MA

PostPosted: Sun May 12, 2019 3:44 pm GMT    Post subject: Reply with quote

Unintentionally posted Poll before completing it, so invite anyone who HAS submitted an offer directly to a listing agent to use the comment field to tell their story.

If you're a first-time homebuyer, what are you hearing in homebuyer education classes or reading online about submitting an offer directly to a listing agent versuses having your own buyer agent.

Are you aware that some buyer agents offer rebates, including some that are considerably bigger than Redfins?
_________________
Bill Wendel
The Real Estate Cafe
Serving a menu of money-saving services since 1995
97a Garden St.
Cambridge, MA 02138
617-661-4046
realestatecafe@gmail.com
http://realestatecafe.com/blog
http://twitter.com/RealEstateCafe
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