Redfin directly buys homes from sellers through RedfinNow. Though RedfinNow can close quickly, it's likely that you'll receive less than what you could on the open market. If you want to sell fast without sacrificing your full proceeds, we recommend choosing a low commission real estate company.

Yes, RedfinNow is a legitimate service of Redfin that makes cash offers on homes, buying them directly from sellers. However, Redfin is primarily a discount real estate brokerage. As a result, RedfinNow is much smaller and less influential than some of its competitors — particularly Opendoor. Learn more about RedfinNow.

Does Redfin sell homes?

Yes, Redfin sells homes through its iBuying arm, RedfinNow. You can also buy a home from a private seller using a Redfin agent.

Can you negotiate with RedfinNow?

No, RedfinNow doesn't leave too much room for negotiating the final cash offer. In some cases, Redfin will consider updating the offer in two scenarios: if the market has changed since the initial offer or if RedinNow missed something important on the inspection report.

What is the difference between the RedfinNow final offer and its preliminary offer price?

The preliminary offer price is determined following the completion of the online questionnaire. To receive the most accurate estimated cost, follow strict criteria in filling out information regarding your home. In a few days, you will receive the initial cash offer, which is valid for five days. This is a no-obligation offer. Should you choose to accept the offer, you will then schedule a home inspection with Redfin. After completion, your offer may be adjusted based on the inspection report. At that point, you will receive your final offer.

How much flexibility is there on the closing date?

RedfinNow does feature flexibility on the closing date. You have the option to choose between 10–90 days. The company also allows you to rent your home back for a fee ($100 per day) for 29–60 days after closing.

Katy Baker

Content Writer

Katy Baker is a content writer for Clever Real Estate, focusing primarily on non-traditional home sales and related trends. She's passionate about helping people unpack the complexities of real estate and make more informed decisions around buying, selling, and investing.

Prior to joining clever, she held roles as a writer, editor, content manager, and marketing director for various nonprofits and startups. Her real estate writing has been featured in publications such as MSN, Media Feed, Real Estate Witch, and Home Bay.

Expertise: Non-traditional home sale; real estate commission; real estate market trends.

Education: BA - San Diego State University; MA - Pepperdine University

Find more from Katy

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