Redfin Listing Agents Sell Homes More Effectively, Faster, and for More Money - Redfin Real Estate News

Redfin Listing Agents Sell Homes More Effectively, Faster, and for More Money

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Updated on October 6th, 2020

If you’re thinking of selling your home when the housing market is slow, a great listing agent can mean the difference between having your home sit unsold for months through repeated price drops and quickly attracting a great offer and successfully closing the deal. Today’s market is anything but slow for sellers, but according to our research, choosing the right agent still makes a big difference. Homes listed with a Redfin Agent sell faster, for more money, and are more likely to sell.
In order to measure this, we analyzed over 16,000 listings that came on the market in the first nine months of 2012. Compared to the competition, homes listed with a Redfin Agent:

  • Were 12% more likely to sell within 90 days.
  • Sold 6 days faster on average.
  • Sold for $2,700 closer to their original list price.

For the full report visit the Redfin Research Center.

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Tim Ellis

Tim Ellis has been analyzing the real estate market since 2005, and worked at Redfin as a housing market analyst from 2010 through 2013 and again starting in 2018. In his free time, he runs the independently-operated Seattle-area real estate website Seattle Bubble, and produces the "Dispatches from the Multiverse" improvised comedy sci-fi podcast.

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