redfin agent salary

Search job openings at Redfin. Redfin’s mission is to redefine real estate in the consumer's favor. She joined Redfin as an agent and has quickly progressed within the company and now leads Redfin’s team in the Bay Area. Redfin, a Seattle-based company, is one of the most prominent discount real estate brokerages in the U.S. that caters services for more than over 80 markets. You can cancel email alerts at any time. Check out our careers page or email our recruiting team to learn more. Check out the latest Real Estate Agent Jobs or see Real Estate Agent Salaries at other companies. This includes an agent’s salary, bonuses, and stock-based compensation. All Redfin agents are licensed real estate agents, brokers, or realtors. Senior Project Managers in Construction and IT earn more than the median Redfin agent, however, those jobs often require more education and professional experience at the start. Based on 1 salaries posted anonymously by Redfin Sales Agent employees in Rockville. Average Redfin Real Estate Agent yearly pay in the United States is approximately $70,706, which is 17% below the national average. His career has grown with the company and he now oversees Redfin’s field operations across the Mid-Atlantic, including Virginia, Washington, D.C., and New Jersey. Such brokers usually pay their agents a regular, modest salary plus a small commission of their sales; commission may be based on other criteria such as customer satisfaction. Totalling more than $28K per year, we pay our agents’ phone minutes and data, mileage, state license dues, association fees, MLS dues, and more. How to Answer: What Are Your Strengths and Weaknesses? The drawbacks of Redfin agents stem more from the company’s business model than from the agents themselves. This estimate is based upon 14 Redfin Lead Agent salary report(s) provided by employees or estimated based upon statistical methods. Listing fee increased by 1% of sale price if buyer is unrepresented. In 2017, the 85th percentile of Redfin agents earned $153,017, meaning 15 percent of Redfin agents earn this or more, while the 85th percentile of agents at other brokerages earned $119,986, in the same markets. View Open Jobs. We don’t know of many large companies that offer this kind of earning potential, along with great benefits, training and advancement opportunities to folks without a college degree. Glassdoor will not work properly unless browser cookie support is enabled. This includes comprehensive healthcare coverage, paid vacation and parental leave, payroll taxes for Medicare and Social Security, licensing, association and MLS dues and fees, continuing education, mileage reimbursement, equipment including laptops and printers and mobile service. A free inside look at Redfin salary trends based on 725 salaries wages for 193 jobs at Redfin. started as a Redfin agent in Washington, D.C. and was promoted to broker and market manager, with responsibility for the company’s fast growth in D.C. Tom then moved to Philadelphia to manage and build that market as well. Redfin’s mission is to redefine real estate in the consumer's favor. Building a workforce that reflects the diverse composition of our customers and the communities we serve is a priority and, For comparison, we looked at how Redfin-agent pay stacks up to that of other industries. As of Aug 31, 2020, the average annual pay for the Redfin Real Estate Agent jobs category in Daly City, CA is $81,374 a year. Salary information comes from 8 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months. In 2017, traditional real estate agents earned a median net take-home pay of $43,625 based on a Redfin analysis. The company is looking for people of all backgrounds who have high standards and are passionate about serving customers. The pay is up to you. In 2017, Paul took on the new challenge of launching Redfin in Boise. To get the best sense for what Redfin agents earn once they’ve completed training and are up to speed, we looked at agents who worked at least nine months out of the 2017 calendar year. The average salary for a Real Estate Agent at Redfin is $35,000. TREC: Info About Brokerage Services, Consumer Protection Notice. The company’s current value is worth nearly $2 billion with over 2000 agents, brokers, and realtors (paid with a salary apart from their commission). If they wrote a university and did not specify a degree, we confirmed via LinkedIn. Redfin’s coronavirus response: CEO forgoes salary for 2020; agent base pay increases; and more by Taylor Soper on March 26, 2020 at 2:18 pm March 26, … -$31K (55%) less than average Redfin salary ($71K) Advertisement. Check out Redfin's annual list. A Redfin Real Estate Agent in your area makes on average $69,105 per year, or $3,795 (5%) less than the national average annual salary of $72,900. started as a transaction coordinator with Redfin in 2007, an entry-level role. And because Redfin is such a huge company, with so many employees, getting in touch with your agent can be more of a challenge than if you were working with a local agent. They can earn $100K after their first year and get the tools and training to become top producers. Apply to Real Estate Agent, Real Estate Associate, Listing Agent and more! The average hourly wage for a Real Estate Sales Agent at companies like Redfin in the United States is $21 as of October 28, 2020, but the salary range typically falls between $21 and $27. If they wrote a university and did not specify a degree, we confirmed via LinkedIn. 20 Redfin Senior agent jobs. *Listing fee varies by market, minimums apply, buyer agent commission not included. Industry-wide education levels came from the, Join us on Twitter for more #housingmarket updates. Virginia ranks number 24 out of 50 states nationwide for Redfin Real Estate Agent salaries. You get paid every time you leave the house. Recognizing a diverse, inclusive workforce is vital to our mission, Redfin seeks talent from all backgrounds in terms of education, military service, age, gender, ethnicity, and sexual orientation. Redfin’s mission is to redefine real estate in the consumer's favor. The typical Redfin Lead Agent salary is $17,770. Check out the latest Redfin Jobs, Redfin jumps to the #1 spot on GeekWire's rank of Pacific Northwest startups. This is a generous assumption, given that Realogy, the largest U.S. real estate company, estimated its average commission split would be approximately 70/30 in 2017. Sell for a 1% listing fee only if you also buy with Redfin within 365 days of closing on your Redfin listing. This estimate is based upon 14 Redfin Lead Agent salary report (s) provided by employees or estimated based upon statistical methods. Redfin agents also earn premium healthcare benefits, paid time off and parental leave. began as a Redfin agent in 2007, and progressed to team manager, then Maryland market manager, and finally to district manager overseeing Redfin’s operations across multiple states in the Northeast and South. Tons of great salary information on Indeed.com *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. By submitting your email you agree to Redfin’s Terms of Use and Privacy Policy. Agent salaries at Redfin can range from $12,176 - $47,095. "Redfin is very generous with its sales agents, by offering a salary with benefits. To see details of how Redfin and non-Redfin agent pay was calculated, refer to the methodology at the end of this report. says that most agents had a commission-split structure with their broker. Average salary for Redfin Agent in Rockville: $26,063. If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732 . Considered a less usual way of doing business, some brokers real estate companies pay a base salary, such as Redfin. Real Estate Support Careers. For this report, we focused on employee real estate agents, but Redfin also employs support professionals to schedule tours, coordinate closings and activate listings. Does that vary by market because I am friends with a Redfin agent that closed almost 10 million in sales last year and only made $55K. When factoring in bonuses and additional compensation, a Lead Agent at Redfin can expect to make an average total pay of $54,347. Using MLS data, we first summed individual agents’ sales volume from January 2017 through December 2017. As of Nov 24, 2020, the average annual pay for the Redfin Real Estate Agent jobs category in New Mexico is $67,587 an year. Subject: Re:Redfin Agent salary. The amount of the bonus the agent earns depends on these reviews as well as the price of the home.1. Get paid to show homes and host open houses among other things. This estimate is based upon 28 Redfin Agent salary report (s) provided by employees or estimated based upon statistical methods. Transforming the customer experience. If we couldn’t confirm degree status, which happened in two instances, we assigned them “Some college”. As of Sep 19, 2020, the average annual pay for the Redfin Real Estate Agent jobs category in Tacoma, WA is $74,206 a year. Copyright: © 2020 Redfin. The Value of Redfin Benefits Redfin pays an average of just under $20,000 per agent per year on benefits and other expenses. Many AA's make a comfortable living. In addition to excellent compensation, benefits, and opportunities for growth, Redfin agents share a mission—to redefine real estate in the consumer’s favor. Listing fee increased by 1% of sale price if buyer is unrepresented. Just in case you need a simple salary calculator, that works out to be approximately $32.49 an hour. Redfin salary trends based on salaries posted anonymously by Redfin employees. More than 40 percent of these Redfin agents earned Redfin stock. Here’s Exactly What to Write to Get Top Dollar, How To Follow Up After an Interview (With Templates! If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732. Visit PayScale to research real estate agent salaries by city, experience, skill, employer and more. If we couldn’t confirm degree status, which happened in two instances, we assigned them “Some college”. Unlike traditional real estate agents, who tend to be independent contractors working solely on commission, Redfin agents are employees. While commission splits vary, we assumed an 80/20 split, with the agent receiving 80 percent of the gross commission, and the brokerage receiving 20 percent. Salaries at Redfin range from an average of $51,518 to $146,154 a year. The more your calendar is open the more opportunity there is. Redfin surveys every customer and posts every review online. Redfin pays an average of just under $20,000 per agent per year on benefits and other expenses. As of Sep 14, 2020, the average annual pay for the Redfin Real Estate Agent jobs category in New Mexico is $64,453 a year.

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