Vantaggi
The job itself is great. Awesome team and theres never a shortage of clients.
Svantaggi
When you look at Redfin's business structure in detail, you see that Redfin keeps a large chunk of the commission, refunds a good portion to the client, and gives the agent a very minuscule bonus. For example, a $600,000 property sells, Redfin keeps about $19,000, the client gets $6,000 and the agents gets a $1600 bonus (assuming the client rates them a 9 or 10). And there is the next issue. The reviews determine your pay and let's be honest; real estate is an emotional transaction where both parties are at war over who pays for what. This all falls on the agent. Redfin actually makes more money when an agent gets a bad review since they keep more. Corporate doesn't seem to acknowledge any of these issues and people are constantly quitting over these same issues. You have to be closing 5+ deals a month in order to make decent money. The most frustrating part is sitting at the closing table after spending 1-3 months working with a client and seeing how much money everyone makes but you. I've had clients who have been passed through from agent to agent since they keep quitting. Clients have commented on the turnover. It's not a good thing when even the clients are seeing the problem.