It’s official – we’re taking our Redfin Next agent pay 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. 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.
We initially launched Redfin Next in San Francisco, Los Angeles, Orange County and San Diego in January 2024 and have expanded to additional markets over time. So far, we’ve been able to recruit 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. And we’re not stopping there—we plan to hire hundreds more agents in the coming months.
Redfin Next hasn’t just been good for recruiting— it has also helped our existing agents reach exciting new milestones in their businesses. Maryam Amiri, our 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. Way to go, Maryam!
“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.
All of our agents will continue to work as employees, not independent contractors. Our 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. We use 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.
If you want to learn more about Redfin Next and the other innovative strategies driving Redfin’s growth, I’m hosting an exclusive webinar on September 26th to answer your biggest questions. Space is limited, so secure your spot today! You can also visit our site to start a conversation about how to grow your business and career at Redfin.
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