Redfin Expands Redfin Next Agent Pay Plan Nationwide
09 Septiembre 2024 - 7:00AM
Business Wire
All Redfin agents will now earn big commission
splits with zero expenses as the brokerage builds upon strong
business and recruiting results
(NASDAQ: RDFN) — Redfin announced today it is expanding the
Redfin Next agent compensation plan nationwide. Starting October
27th, all Redfin agents will earn competitive splits as high as
75%, have virtually all business expenses covered, and get
technology, support, benefits and customer introductions from
Redfin.com, the #1 brokerage site in the United States.
“We’re fully committing to Redfin Next because it has played a
significant role in transforming our business and propelling our
growth,” said Jason Aleem, Redfin’s chief of real estate services.
“Redfin Next has empowered our agents to amplify their businesses
and unlocked the opportunity for them to earn more money, while
also inspiring other entrepreneurial agents to join us. Having the
best agents in the industry is critical to our mission to make real
estate better for consumers, and with Redfin Next, we know we can
continue to grow our impact.”
Redfin Next initially launched in San Francisco, Los Angeles,
Orange County and San Diego in January 2024 and has expanded to
additional markets over time. To date, the brokerage has recruited
hundreds of talented agents in Redfin Next markets, including top
producers like Gagan Singh and Sunita Merchia in San Francisco, Jin
Hong in Orange County, and Jonathan Chvala in Chicago. Redfin plans
to hire hundreds more agents in the coming months.
In addition to recruiting success, Redfin Next has helped
Redfin’s existing agents reach exciting new milestones in their
businesses. Maryam Amiri, the brokerage’s top producing agent based
in Orange County, says this will be her most successful year ever.
So far this year, she is on track to close more than $95 million in
sales with seven figures in earnings.
“I have always made a great living at Redfin, but under Redfin
Next I’m setting and exceeding goals that I never knew were
possible,” Maryam said. “When I talk to other agents, they can’t
believe the quality of technology, marketing, and leads I get for
free through Redfin on top of the other employee benefits. Redfin
understands that when those things are taken care of, I am free to
focus on my customers and let my expertise shine. I’ve never been
so confident in the future of my business.”
The Redfin Next plan includes:
- Big splits. Zero expenses: At Redfin, what you earn is
what you keep because we cover all your necessary business expenses
and cover benefits, mileage, payroll taxes and listing
expenses.
- Meet over 100 customers a year: By plugging into the
Redfin platform and the 49 million people who use Redfin’s app and
website every month, agents can grow their business rapidly.
- Business in a box: Redfin's technology and staff handle
qualifying new customers, scheduling tours, conducting follow-up
tours, and coordinating sales & listings. Agents focus on
closing deals for customers.
- Top-tier benefits: Redfin’s benefits package includes
medical, dental, and vision insurance; fertility benefits; 401(k)
employer match and employee stock purchase program.
- Define the future of real estate: Redfin puts the
customer first, makes the industry more fair and transparent, and
uses technology to modernize the real estate experience and make it
better.
Agents in the Redfin Next plan will continue to work as
employees, not independent contractors. Redfin’s unique employee
agent model was built to put the customer first by ensuring agents
are held to a high standard and have the support they need to
deliver consistently great service. Redfin uses technology to make
real estate more efficient, which is one reason Redfin has the most
productive agents in the industry, closing more than twice as many
transactions as the average agent every year.
Redfin is actively recruiting individual agents and teams to
join the company in markets across the country. To learn more about
Redfin Next and the innovative strategies driving Redfin’s growth,
join us on September 26th for an exclusive webinar hosted by Jason
Aleem. You can also visit our site to start a conversation about
how to grow your business and career at Redfin.
About Redfin
Redfin (www.redfin.com) is a technology-powered real estate
company. We help people find a place to live with brokerage,
rentals, lending, title insurance, and renovations services. We run
the country's #1 real estate brokerage site. Our customers can save
thousands in fees while working with a top agent. Our home-buying
customers see homes first with on-demand tours, and our lending and
title services help them close quickly. Customers selling a home
can have our renovations crew fix it up to sell for top dollar. Our
rentals business empowers millions nationwide to find apartments
and houses for rent. Since launching in 2006, we've saved customers
more than $1.6 billion in commissions. We serve more than 100
markets across the U.S. and Canada and employ over 4,000
people.
Redfin’s subsidiaries and affiliated brands include: Bay Equity
Home Loans®, Rent.™, Apartment Guide®, Title Forward® and
WalkScore®.
For more information or to contact a local Redfin real estate
agent, visit www.redfin.com. To learn about housing market trends
and download data, visit the Redfin Data Center. To be added to
Redfin's press release distribution list, email press@redfin.com.
To view Redfin's press center, click here.
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version on businesswire.com: https://www.businesswire.com/news/home/20240909804619/en/
Redfin Journalist Services: Erin Osgood
press@redfin.com
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