Redfin Has Arrived in Vancouver!

 In Canada, Expansion, Inside Redfin, Redfin News, Uncategorized

Redfin agents are ready to start helping people buy and sell homes in Vancouver, British ColumbiaWe’ll serve homebuyers and sellers throughout the region from Delta extending up through the Whistler ski area. We launched our brokerage in Toronto in February and are thrilled to extend our service to metro Vancouver.  

“We’ve been encouraged by a few early sales in Toronto, and have reason to believe we can start just as strong in Vancouver,” said Redfin CEO Glenn Kelman. “As a Seattle-based company, we already have a presence in the region. Given how expensive housing still is here, even after all the changes in the market, we hope that tech-savvy Vancouver homebuyers and sellers will be drawn to our combination of great service and low prices.”

By meeting customers through the Redfin website and using technology to make the buying and selling process more efficient, Redfin’s local agents are able to provide full service and charge a lower fee. In Vancouver, Redfin will sell homes for just a 1 percent listing fee and refund a portion of its commission to its home-buying clients. With Redfin’s Book It Now feature, homebuyers can schedule a home showing with a Redfin agent with a few taps on a smartphone.

By working with a local Redfin agent, a seller in Vancouver could save approximately $10,000 on a $1 million home sale when compared to paying the tiered listing commissions common in British Columbia (e.g., 7 percent on first $100,000 plus 3 percent on balance of purchase price). The 1 percent listing fee does not include a buyer’s agent commission, which is typically paid by the seller.

Brooks Findlay will run the company’s Vancouver real estate operations as Managing Broker, bringing local real estate sales and leadership experience to the Redfin team. (Fun Fact: Brooks was professional football player with the Canadian Football League. We know he’ll bring the same team spirit and work ethic to growing Redfin’s business in Vancouver!)

“The response to Redfin in Vancouver has been fantastic so far! Consumers have been eagerly awaiting our launch,” said Findlay. “Already we have five listings on the market, totalling nearly C$9 million, a testament to the desire for our service here in Vancouver. Other brokerages have offered sellers low prices, but never with the promise of an experienced, full-service agent, professional photography, 3D virtual tour, premier placement on Redfin.ca and targeted digital marketing campaigns to get your home in front of buyers. Our technology and marketing advantage makes our service tough to beat at any price, especially when paired with a business model that puts the customer first.”

Check out our gorgeous Vancouver listings below and visit www.redfin.ca to get connected to a Redfin agent. 

4860 Northwood Drive, West Vancouver
$4,448,000 – This stunning home on a lush, half-acre lot in West Vancouver features a chef’s kitchen, five bedrooms and spacious open floor plan with soaring ceilings.

556 West 21st St, North Vancouver
$1,850,000 – This lovely renovated home boast a modern kitchen, new flooring, complete in-law suit and a backyard oasis for relaxing and entertaining.

333 East 1 St #314, North Vancouver
$975,000 – We’d love to take in the views on this spacious balcony with a coffee or cocktail in hand. The two-bedroom condo features a modern kitchen and two gleaming baths.

172 Victory Ship Way #101, North Vancouver
$999,999 – This sleek two bed, two bath luxury apartment is in the heart of LoLo. Enjoy all the neighborhood has to offer then come home and relax on your our own private patio.

3608 Deercrest Dr #314, North Vancouver
$549,999 – This charming two bed, two bath updated condo has a great fireplace, patio and is close to world-class hiking, trails, beaches and parks.

1050 Bowron Court #607, North Vancouver
$588,000 – This immaculately renovated top floor, corner unit has one bedroom, a converted den and a great rooftop deck.

Redfin.ca currently displays homes for sale in British Columbia via the Canadian Real Estate Association Data Distribution Facility (DDF®). In the coming months, Redfin.ca will add more listing and home sale data from the local Multiple Listing Service® and other sources. Download the Redfin app for iOS and Android.

The post Redfin Has Arrived in Vancouver! appeared first on Redfin Real-Time.

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