RedfinNow, the iBuyer platform from the tech-focused Seattle-based brokerage, is officially live in Las Vegas, a crowded but popular iBuyer market.

“We are thrilled to bring this convenient and flexible home-selling option to customers in Las Vegas,” Jennifer Williams, the Las Vegas market manager for RedfinNow, said in a statement.

“RedfinNow is the perfect solution for sellers who need to move quickly or those who want the certainty of a cash offer so they can make a non-contingent offer on their next home,” Williams added. “Since soft-launching the service two weeks ago, we’ve seen strong demand from Las Vegas homeowners and are already under contract to buy a local home.”

In Las Vegas, Redfin will have competition from Opendoor, Zillow Offers and Offerpad.

The platform charges the seller a fee of 7 percent of the offer price, which is more than the typical market listing route of 3 percent for the buyers’ agent and 3 percent for the listing agent. It’s even more than Redfin’s Las Vegas offering, a market in which Redfin offers a full-service 1.5 percent listing fee.

For qualifying homes within the company’s buy-box, homeowners can receive an offer in 48 hours or less and complete a sale in as few as seven days. Redfin then makes any necessary repairs before listing it on the market while offering on-demand, self-tours seven days a week from 8 a.m. to 8 p.m.

“With our brokerage and RedfinNow, we make it easy for sellers to compare what they could get for their home right now to what they could get listing on the open market with a Redfin agent,” Jason Aleem, head of real estate operations for RedfinNow, said in a statement. “Redfin empowers sellers with the choice and transparency to decide what works best for their situation.”

RedfinNow is currently available in Austin, Dallas, Denver, Houston, Inland Empire, Los Angeles, Orange County, San Antonio and San Diego and plans to expand to additional U.S. cities in the coming months.

Email Patrick Kearns

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Success!
Thank you for subscribing to Morning Headlines.
Back to top
Limited time: Get 30 days of Inman Select for $5.SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription