BrokerageIndustry News

Redfin takes Chicago

Company expands brokerage services to eighth market

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Redfin Corp., a real estate company that offers deep discounts to real estate buyers in the form of rebates and flat-fee services for sellers, announced today that it has expanded brokerage services to the Chicago area and added property-search capabilities for about 100 counties. The company also offers brokerage services in Boston; Los Angeles; Orange County, Calif.; San Diego; San Francisco; Seattle; and Washington, D.C. The expansion of the company's property-search tools adds county areas in California, Illinois, Massachusetts, Maryland, Virginia, Washington and West Virginia. Redfin now offers for-sale and past sales information for about 16 million homes, an increase of about 40 percent. Redfin.com site uses can view days on market, price changes, lot outlines and nearby similar for-sale properties, and information about past sales ranging from one week to 20 years ago. A legislative bid earlier this year to impose a real estate rebate ban in Illinois -- which would ...