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RedfinNow, an iBuying service from Redfin which gives homeowners a convenient new way to sell, expanded to the Baltimore/Washington, D.C. region. Sellers can request a cash offer directly from Redfin and sell without having to fix up their homes or clear out for open houses and private showings, according to a press release. The service is available today in Maryland and Northern Virginia and will be expanding into the District of Columbia in the coming months.
"Given the record levels of competition for homes, RedfinNow is able to make very strong offers for homes and can be the perfect option for sellers who need the equity in their current home to buy their next one," said John Monen, regional manager for RedfinNow. "Moving is stressful enough, without having to worry about your home selling before you've found a home to buy. We let homeowners choose their closing date and stay in the home after the closing through a rent back so that they only have to move once."
Redfin also offers home loans and title and closing services in both states through its subsidiary companies: Redfin Mortgage and Title Forward.
Redfin also plans to expand its Concierge Service, already available in the District, to Northern Virginia and Maryland this spring. Redfin Concierge helps sellers get their home ready to go on the market with a professional design plan to help maximize the sale price. Redfin Concierges manage all the vendors, scheduling, and billing to ensure a seamless experience and clients don't pay for the improvements until the house sells.
"Every homeowner wants to know what they could get for their home from an instant sale and compare it to the price it would fetch on the open market in the current condition or if they made some updates," said Jason Aleem, vice president of RedfinNow.
Click here to learn more about RedfinNow.