In case you haven’t noticed, we’re on a bit of an expansion spree, with the addition of Charlotte and the Triangle in North Carolina, Delaware, The Bronx, and Houston under our belts already this year.
Today, Redfin announced its arrival in the Miami, Fort Lauderdale and West Palm Beach areas of South Florida. With it come more than 2 million new properties, including 32,000 active listings, increasing the total number of searchable homes for sale on Redfin.com by 6.6 percent.
Please tell your family and friends in Miami to join us at our welcome fiesta on Thursday, June 20 from 6:30 to 8:30 p.m. at Red, The Steakhouse in South Beach. The event is free, and Redfin will donate $10 to Communities In Schools Miami for every person who attends.
For years we’ve had our sights set on South Florida, not just because we’ve been dying to make it possible for our users to browse beautiful photos of South Florida’s famously lavish homes, but for its multi-faceted real estate market. The quickly growing population allows us to help homebuyers, sellers and investors from all over the world buy and sell homes. With home prices in the area up 20 percent in April, and a market fraught with bidding wars, there is no better time for people to take advantage of Redfin’s powerful online and mobile tools that can help them compete and win.
As with all of our new markets, we focused on hiring the best local real estate agents who share our values and commitment to customer service.
Redfin’s new South Florida Area Manager Robyn Jackson, who joins Redfin after more than 20 years of service in the local real estate market, has all that and more. She has started two local real estate companies and most recently served as a Florida Supreme Court mediator specializing in foreclosures. Robyn and her team of local Redfin agents can now help people buy and sell homes in Miami-Dade County, Broward County and Palm Beach County.
True to form, Redfin’s South Florida agents will be paid salaries and bonuses based on customer satisfaction, not commissions. We publish those satisfaction ratings by surveying every customer and posting every review—the good, the bad, and the ugly—on our site. Redfin’s technology and unique business model make us about six times more efficient than traditional real estate brokers, and allow us to pass savings onto our customers. For example, in Miami, someone moving from one $500,000 home to another would save more than $12,500 in fees.
South Florida homebuyers will soon have access to Tour Insights, comments written by Redfin agents about homes they have seen in person and Offer Insights, details from Redfin agents about what it takes to win a bidding war in a given neighborhood. Those who already own a home in South Florida can check out the Redfin Home Value Tool, which uses the same data agents use about nearby similar homes to help you hone in on a home’s value, a helpful starting point for a conversation with an agent about selling your home.
You can meet the whole Redfin team at our launch celebration on June 13! Hope to see you there!