Redfin expanded its Sign & Save program to more than a dozen additional markets, including Chicago, Los Angeles, Philadelphia, San Diego and San Francisco.
With Sign & Save, homebuyers who sign up to work with a Redfin agent before the second tour can get a refund of 0.25 - 0.5 percent of the purchase price at closing.
“With Sign & Save, Redfin is giving consumers a better deal in real estate,” Jason Aleem, Redfin’s senior vice president of real estate operations, said in a release. “This program rewards customers who commit to working with a Redfin agent early in the process, which is helping drive more sales for our agents. Not only are we putting money back in our customers’ pocket, we’re also educating them about how real estate commissions work and how Redfin can help them win. This is good for our customers, our agents and our growth as a brokerage, which is why we’re expanding it everywhere we can.”
The program was piloted in a handful of markets in September 2023, launched in additional markets in January 2024, and is now available to Redfin’s homebuying customers nationwide, except in states where commission refunds are prohibited by law:Arkansas, Iowa, Kansas, Mississippi, Missouri, Oklahoma, Oregon and Tennessee.
Customers who sign up to work with a Redfin agent before the second tour and go under contract to purchase a property within 180 days of signing the agreement get a refund when they close on their new home.