They’re popular, and they’re the big guns, but is Zillow worth the hype? Is Redfin reliable? Is Houzeo legit? Which out of Redfin vs Zillow stands out as the digital leader?
Technology has begun to play a large part in real estate transactions, with 97 percent of home buyers accessing the internet. Continue reading to learn more.
Redfin vs Zillow vs Houzeo Overview
|Offers Directly To You||❌||❌||✅|
|Counter An Offer||❌||✅||✅|
|Reviews on Trustpilot||No Credible Reviews Found||⭐⭐||⭐⭐⭐⭐⭐|
What is Redfin?
BEST TECH-ENABLED BROKERAGE
Redfin is one of America’s top discount real estate brokerages. This low-commission broker specializes in home buying. Redfin.com’s technology is what sets it apart from all other platforms.
- Redfin Full-Service Agent – 1.5% Commission: This is a full-service package. This includes pricing assistance, listing paperwork, negotiation support, etc.
- Redfin Concierge – 2.5% Commission: The “Concierge” plan includes everything from the Full-Service package. Additionally, it includes services like professional cleaning, home staging, and more.
- Redfin Premier Agent – 1.5% Commission: This package is exclusively for luxury properties and includes everything that comes with the Full-Service package.
👉 Our Take: We recommend Redfin’s concierge service. This service enhances the value of your house with a professionally managed design plan and no upfront fees.
» Selling With Redfin: Is it worth selling with Redfin?
Here are some advantages of choosing Redfin:
- Advanced Technology: Redfin is primarily known for its advanced tech platform and mobile app.
- Full-Service Agents at Low Commission – 1.5%: Redfin’s full-service package is priced at 1.5%. It saves you thousands compared to the traditional 3% listing commission.
- Buyer Rebate – 0.5%: Clients who sell and buy with Redfin within one year get a rebate of 0.5% in the second transaction. However, this offer is available with the Full Service Plan.
- Detailed Paperwork: Redfin provides the necessary paperwork and an elaborate listing agreement with a marketing plan.
- Nationwide Coverage: Redfin covers 80+ markets in the US.
» What is Redfin? Is it truly a smart choice to choose them? Read the comprehensive review to know more!
In our research, we found some red flags of Redfin, that could make your experience less satisfactory.
- Lack of Personalized Services: Customers have often complained that Redfin agents are not able to give personalized service, as they serve a high volume of clients.
- Poor Customer Reviews: Customers have complained that agents are often unreachable and unprofessional.
- Slow Listing Process: According to Redfin’s listing agreement, a Redfin property takes 18 days to list on MLS. Services like Houzeo will list you on the MLS within 24 to 48 hours.
- Limited Agent Selection: As per customer reviews, Redfin lacks an array of agents. This means you get an agent assigned automatically without having any choice in the matter.
- Agents are Less Incentivized: Unlike traditional agents who work for commission, Redfin agents get a fixed salary. This can demotivate them from offering you additional services.
» Redfin hidden Fees: Check this out to learn more about their hidden fees.
Redfin has an average rating of 3.3 out of 5 stars on Consumer Affairs.
» Redfin Reviews: The Reality of 1% Fees, Pros, Cons, & Alternatives!
Redfin is one of the best low-commission real estate companies and home-buying tools that are available in the market. Accessible in over 80 markets, they are well-known for their cheap services, which may save you hundreds of dollars. To ensure maximum savings, Redfin also offers buyer refunds at closing.
Redfin home values are accurate and up to date because it is linked to the powerful MLS. They also offer redfin estimates to help you price your home more effectively.
One of the most significant disadvantages of redfin vs. Zillow and Houzeo is that it does not allow sellers to submit FSBO listings and does not display listings if you live outside of the redfin service area.
If you want to sell house for cash, you can always pick their iBuying division Redfin Now, for quick selling cash transactions.
» FSBO Websites: Check out our rankings of the best For Sale By Owner Websites in America.
💰 Redfin Pricing For Sellers
Redfin may offer a 1% listing charge, however, the standard is usually 1.5 %. The 1% applies solely to people who sell and buy from them within a year. Redfin’s discounted listing fees are also subject to a minimum fee that varies by state and ranges from $3000 to $7000. If you have a low-cost home, you should look into different discount real estate brokers and companies in your neighborhood.
|Selling with Redfin||1.5%|
|Buyer’s Agent Commission||2.5% – 3%|
|Total||4% – 4.5%|
A Redfin Agent is a licensed local agent that guides you through the home selling and buying process. They mainly act as guides who represent you in negotiations and throughout the entire closing process. Unlike a traditional real estate agent who depends on the percentage per sale, a Redfin agent gets paid otherwise even if the house is sold below the market value.
Although we can’t be certain, a considerable amount of incentive has been taken away from Redfin’s agent compensation. And this can have an impact on the agent’s performance or devotion to selling the home.
There are also several reviews and reports about their agent’s services. This is possibly owing to their high client traffic and the fact that the majority of their employees have multiple projects at once.
Because of Redfin’s business model, Redfin agents deal with three times as many customers as traditional realtors, which means you’re competing with three times as many consumers for your agent’s time and attention. Lack of individualized support during critical stages of the transaction can stymie the sale.
» Redfin Reviews: The Reality of 1% Fees, Pros & Alternatives
What is Zillow?
Largest Real Estate Marketplace
Zillow is the largest real estate marketplace, with 40 million monthly users.
👬 Excellent Exposure: With over 200 million visitors a month, Zillow is by far the biggest real estate platform in the U.S. that provides critical exposure.
🆓 Free Listing: FSBO listings on Zillow are free of charge. As part of Zillow For Sale By Owner, your property will not be listed on the MLS but only on the platform. That means you lose out on critical exposure to buyer agents who are involved in almost 90% of US real estate transactions and fetch listing data from the MLS. This may translate to you not getting top dollar for your property.
💲 Zestimate: Zillow’s home value estimate is the perfect first step for pricing your home. It incorporates data from the MLS, market trends, location, etc. to give you an accurate value.
💹 Largest Real Estate Marketplace: With many tools and information for buyers, Zillow is the largest marketplace for buyers, renters, real estate agents, and much more.
🧮 Zillow Affordability Calculator: The calculator can assist you in determining the appropriate price range, taking into account your annual income, monthly bills, and planned down payment amount, among other factors.
📲 Set Filters: Use filters to target a specific area and use pricing and saving filters.
🔍 Zillow For Sale By Owner: Learn how to list your home on Zillow For Sale By Owner platform
- Biggest real estate websites in the US
- Hides FSBO seller listings by default
- Solicitation calls from agents
- Poor customer service
Zillow is rated 2.7 out of 5 stars on Consumer Affairs.
Zillow has a nationwide reach.
It offers a whole range of services, including buying, selling, financing, renting, and everything in between. It’s a great alternative for a for-sale-by-owner listing because it saves you a lot of money on realtor costs.
The MLS database is directly linked to the majority of the listings, making it one of the most comprehensive databases on its own! It expects to sell over 22,000 homes by 2022, covering over 90% of the whole US market.
Although you can list directly on Zillow, their main disadvantage is that they mostly show listings that were created through an agent on their default section.
» Zillow Reviews: Listing Your Home on Zillow For Sale By Owner.
💰 Zillow Pricing For Sellers
As you may know, Zillow offers a free FSBO listing with listing updates. However not all its services and features are free. This free listing also has limited visibility and does not show up on the default page. You will also be competing with listings made by traditional experienced agents.
|Selling with Zillow||3%|
|Buyer’s Agent Commission||3%|
|Transfer and Property Taxes, Attorney Fees||2-4%|
|Total||8 – 10%|
Whether you want to rent, sell or buy, Zillow connects you to agents including a range of experienced professionals from real estate agents, property managers, home inspectors, among others. You can also directly connect with a local agent or broker who helps you throughout the process.
One of the main attractions of Zillow is its free FSBO listing. Since selling yourself can get a lot harder than anticipated, Real estate brokers see FSBO listings as a fantastic potential source of new clients. Many realtors make cold calls to FSBO owners regularly, hoping to find out why their home hasn’t sold and that they’re ready to employ an agency.
As a result, while your for sale by owner listing may not receive as much attention from buyers, you’ll almost certainly receive a slew of unwanted phone calls from Zillow agents, as some Zillow reviewers have noted. Additionally, Zillow has no control over the quality of agents. Their matching service is random with a possibility of receiving bad agents that don’t offer discounts.
Zillow Agents are also notorious for dual agency real estate transactions. Consumer advocates have long cautioned against dual agency in real estate transactions. That’s when the real-estate agent advocating for the seller also represents the buyer. As a result of advertising on Zillow, a large percentage of sellers saw an increase in dual-agency transactions.
🏆List on America’s Most Powerful Real Estate Platform
Sell With No Listing Commission!
Start Your FREE Listing NOW!
What is Houzeo?
#1 Flat Fee MLS Service
Houzeo offers 4 Flat Fee MLS packages.
- Bronze Package – $329+: This package offers Houzeo listing only for 6 months with maximum photos.
- Silver Package – $399+: This includes everything that home sellers typically look for.
- Gold Package – $379+: It is Houzeo’s signature MLS package and includes all the technology Houzeo is known for Houzeo Showings, Houzeo Offers, and DigiTransact.
- Platinum – $349+: It includes the assistance of a licensed broker to help you with negotiations, disclosures, and closing.
👉 Our Take: We recommend the GOLD plan. You’ll have access to Houzeo tech, making managing showings and offer negotiations easy!
» Houzeo Reviews: Houzeo is 100% online. You can finish listing formalities in less than 60 mins.
Houzeo is America’s #1 Flat Fee MLS service because of 4 reasons:
- Max Exposure: Houzeo MLS packages give you access to the MLS, Zillow, Trulia, Realtor.com, Redfin, and 100s of other websites.
- 5-star Customer Service: Houzeo has a fully staffed customer service desk available 6 days a week. Chats and emails are open 7 days a week. This is rare in today’s world.
- 100% Online: Houzeo is high-tech. For you, this means easy listing, fast changes, online showings, and online offers. Houzeo Mobile App is also very powerful.
- No Listing Commission: In most states, you’ll be paying just a small flat fee to list on MLS. Houzeo covers 47 states + DC! And remember, all fees are disclosed upfront, so there are no Houzeo hidden fees. You get to bypass the listing agent commission!
There are no dealbreakers with Houzeo.
» Houzeo Reviews: Houzeo is rated “Excellent” with a 4.9 out of 5 star rating by 4,521 home sellers on Google Reviews and Trustpilot!
Houzeo is rated 4.9 out of 5 stars by thousands of home sellers on Google & Trustpilot.
» Houzeo Reviews: Check out how Team Houzeo has addressed all Houzeo complaints from home sellers.
Houzeo is an advanced tech platform that allows home sellers to list their homes on the MLS for a small flat fee, working with a listing agent who doesn’t typically charge a commission. This saves you almost 50% of the agent commissions right away. Home sellers, after registering, get access to an exclusive seller dashboard where they can receive, review, and compare offers.
The platform also allows features like contract updates, counteroffers, home showings, lockbox, yard signs, and more. You can customize the packages as per your requirements and even opt for services like contract review, pricing assistance, professional photography, and more as per the requirement. Being 100% online, the listing is easy and changes are fast. So you can focus on what is most important – your sale.
When you register with Houzeo, you’ll be given access to a private seller dashboard where you may finish the listing process. You can create property descriptions, upload documents, interact with the customer support team if you have any questions, and much more. When you enter your PIN, Houzeo’s IntelliList Management System automatically curates most of the listing information, saving you time when filling up your listing details. Once your item is live, you can sell it directly from your dashboard to your social media profiles, gaining immediate non-MLS exposure and increasing your chances of finding an unrepresented buyer.
Introducing the Houzeo Mobile App!
- View your listing
- Review and compare offers
- Counter an offer
- NEW! Buyers can now search your property and save it in “Favorites”
💰 Houzeo Pricing
Most popular For Sale By Owner websites, such as Zillow, claim to be free, but they aren’t. They pass your leads on to local agents, who will contact you and waste your time. Houzeo does not sell your contact information. There are no hidden fees and you only pay a single flat fee as your listing. If the buyer is unrepresented, you will not have to pay buyer agent commission either.
Assuming your property is valued at $500,000.
|Selling with Houzeo||$199 – $999|
|Buyer’s Agent Commission||2.5% – 3% ($15000)|
Houzeo Agents are cutting-edge tech professionals with decades of experience in the real estate buying and selling process. They save you thousands of dollars in commissions. You have the choice of customizing the services you desire from them or opting for the full-service package for the most help.
These flat-fee packages include the agent’s listing fee, but not the buyer’s agent commission if the buyer is unrepresented. That being said, you will save $15,000 regardless of the plan you choose.
This allows house sellers to not only save money straight away but also to customize their packages and keep track of their expenses by just selecting the services they need. Federal and state disclosures, unrestricted listing updates, contract review, agent showings, and assistance with appraisals and inspections are just a few of the services available.
The partner brokers provide these additional features virtually and are compensated for providing excellent services with individual support and hands-on attention through service-based incentives.
Houzeo’s partner agents don’t charge a commission
Houzeo works with top-rated, local agents all around the country to get you lower listing prices with Houzeo’s cutting-edge technology and 100% online platform. For all DIY plans, Houzeo’s tech-centric broker partners charge only the upfront flat fee and no commission.
💲 Redfin vs Zillow Estimate
Redfin Home Value Estimator
The redfin estimate is a precise calculation of your home’s estimated value. Even though Redfin claims to have the highest accuracy, on-market properties have a median error rate of 2.20% percent and 6.86% median error for off-market homes. These errors differ state-wise. They use data from listings and recently sold properties to calculate a fairly accurate house estimate using MLS syndication. This is quite beneficial when it comes to determining the value of your home.
- 📝 NOTE: Redfin makes it clear to the seller that the estimate is only intended to give them an idea and should not be used to replace the services of a full-service agent or their calculated judgment. Is Redfin’s estimation correct? Both yes and no. They are a good starting point before a house evaluation, but in terms of figures, the estimate will be hundreds of dollars off.
Is Redfin Estimate Accurate?
As stated above, Redfin Home value estimates are a lot more accurate for on-market homes because of the updated relevant realtor information. This helps the overall estimate and allows Redfin to better guess your price according to location.
Let’s have a look at an example. According to the Redfin Estimate page, Florida has a median error of 2.20% on-market and 8.08% off-market as mentioned on Redfin. Now if your property value is $445,000 then,
|Redfin On-Market Estimate Range||$435,210 to $454,790|
|Redfin Off-Market Estimate Range||$405,840 to $484,160|
This is a rather large gap with an off-market gap of over $80,000!
Since Redfin estimates the home value according to median error, there is still a big chance your actual value will be way outside the range.
Zillow Home Value Estimator
Zestimate is the most popular feature on Zillow. It is a pre-programmed house valuation tool that provides you with an instant market value for your property. It collects data from MLS, on-market, off-market, and public and user information using a simple algorithm. For optimal accuracy, it also incorporates account home statistics, market trends, location, and detailed home information.
The home value data varies depending on your property area, with data for off-market homes can be far off from its genuine value. Zillow claims to be less than 100 percent accurate, but only by a margin of 80 percent. These are influenced by elements such as architecture, heat source, amenities, and so on, which change the value of your home regularly.
- 📝 NOTE: Zillow has a median error of 1.9 percent for on-market listings and 6.9 percent for off-market listings. That’s a lot of money on the line. Zestimate can only be as accurate as of the data it collects.
Is Zillow Estimate Accurate?
Zillow’s estimate incorporates data from over 110 million homes and uses machine learning models to come up with your closest home value. Tax accessions and seasonal fluctuations also greatly affect your Zestimate.
To put things into perspective let’s break it down depending on your property value. According to the Zestimate evaluation page, Boston has a median error of 2,6% for on-market listings and 6.4% for off-market ones. For a property valued at $765,000 then,
|Zillow On-Market Estimate Range||$745,110 to $784,890|
|Zillow Off-Market Estimate Range||$716,040 to $813,960|
Why Are Redfin and Zillow Estimates So Different?
Most house sellers utilize both redfin and Zillow to determine the value of their homes. They each have different estimates since they calculate them using different techniques. If the disparity is significant, they are misled about your property. You can always change the information you’ve supplied and improve the facts section in this case.
Both rely primarily on MLS data and user information. They have their own set of tools, which may or may not be comprehensive. Before you go to your agent for a CMA, these figures should only be used as a starting point. For example, both redfin and Zillow will take your home’s square footage into account, but they will be unable to account for its condition, associated problems, traffic in the area, any interior alterations, and so on. This is when the technical assessment of an agent comes into play.
So, is the redfin or Zillow estimate more accurate? Zillow. By a razor-thin margin. In comparison to Redfin, Zillow has a larger control group to analyze and acquire data from, with over 110 million properties worth of data. This enables them to arrive at a more precise estimation value.
- ⛔ NOTE: Do not base your listing price on Redfin and Zillow estimates. With a 2% error margin, you’ll end up underpricing or overpricing your home making it tough to sell. Use them just as a substitute. Houzeo’s closing cost calculator, on the other hand, breaks down everything from taxes to doc stamps to commissions on both the buyer and seller sides to give you a comprehensive list.
💲 Houzeo Closing Cost Calculator
Although Houzeo doesn’t provide you with Home value estimates, it goes a step further with its closing cost calculator for both buyers and sellers. The calculator estimates your closing costs bifurcated statewise. Technologically advanced, it offers a detailed itemized list of costs that includes state, city, and county assessed taxes to give you an accurate estimate. The estimate is reviewed as per the listings and informs you of unusual costs as well!
- 📝 NOTE: The Houzeo Closing Dashboard is the most advanced dashboard in the consumer real estate industry. It shows you your projected cash proceeds after expenses within a day. The dashboard also explains how we calculated these prices and gives you the option to change them. For you, this means greater openness and fewer surprises at the closing table.
Let’s take an example for a $700,000 property based in Florida and break it down for seller and buyer closing costs.
This category contains a detailed breakdown of the costs associated with obtaining your taxes, fees, and prepaid costs, as well as any extra fees.
This category gives you a complete breakdown of the costs associated with securing a mortgage. It only applies to home buyers who use a mortgage to finance their purchases. It does not apply to home sellers.
What are the closing costs in your state?
Find them below:
|Northeast||Maine, Massachusetts, New Jersey, Pennsylvania|
|Midwest||Illinois, Indiana, Michigan, Minnesota, Missouri, North Dakota, Wisconsin|
|South||Alabama, Florida, Kentucky, North Carolina, South Carolina, Texas, Virginia|
|West||Alaska, Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, Washington, Wyoming|
💲 Houzeo’s Advanced Closing Cost Calculator For Buyers And Sellers!
Find Your CLOSING COSTS NOW!
Redfin vs Zillow vs Houzeo: Selling and Buying
All three companies have their perks when it comes to buying and selling your home. Let’s study them a bit further:
Redfin vs Zillow vs Houzeo: Best for Home Sellers
🥇 Houzeo – Best for Home Sellers
👉 Our Take: Houzeo.com is our top pick for sellers because it delivers an unbeatable combination of savings, tech features, and service of any other website we’ve reviewed. In addition to saving on commissions, you get to use Houzeo’s state-of-the-art technology to make counteroffers and access Houzeo Showings, their showing management App. If you ever need help, Houzeo gives you 5-star customer service – via chat, email, and phone.
💸 Redfin – Discount Real Estate Broker
👉 Our Take: If you’re looking for a full-service discount broker with personalized assistance and low commissions, go with redfin. Their simple user interface coupled with in-house agents make it a good option for first-time sellers. According to several Redfin reviews, they are not the best choice because of their poor customer service and delayed listing process.
💻 Zillow – Excellent exposure
👉 Our Take: Zillow is the largest player in the real estate market. It provides maximum exposure to sellers, but it is not the ideal alternative for them. Sellers will have no involvement in the process because there will be no exposure for free FSBO listings and all buyer agent leads given to member agents directly.
Redfin vs Zillow vs Houzeo: Best for Home Buyers
|1. Useful Additional Tools||✅||✅||✅|
|2. Buyer Rebates||✅||⛔||⛔|
|3. Precise Search Filters||✅||✅||✅|
|4. 3-D House Tours||✅||✅||⛔|
|5. Closing Assistance||✅||✅||✅|
|6. In-House Agent Support||✅||✅||✅|
🥇 Redfin – Simplified Buying Process
Redfin has multiple tools and offers at your disposal if you buy with Redfin Agent which you may access through the Redfin Marketplace.
🎯 Key Takeaways
- Redfin Rebates: If you work with a Redfin agent to buy or sell a home, they are required to share a portion of their commission with you. Your closing fees are factored into this. The reimbursement will be visible on the house detail page.
- With the Redfin.com browsing page, narrow down your search. You can additionally save your searches and use pre-set filters to save time.
- Use Redfin Estimate to compare initial offers to ensure consistency.
» Low Commission Real Estate Agents: We’ve ranked the top reduced commission brokers in the US.
🥈 Zillow – Largest Marketplace for Buyers
Over 95 percent of buyers look for homes online, and Zillow is one of the top platforms for doing so. Because it is a large marketplace with free listings, you will have a plethora of choices based on your location and preferences.
🎯 Key Takeaways
- Save your searches according to your filters to save time.
- With Zillow Homes, you can view 3-D tours and schedule tours at your leisure.
- Zillow offers a variety of additional services for your convenience. Zillow 3D properties, home loans, and Zillow closing services are examples.
>>> LIST YOUR HOME WITH HOUZEO <<<
🥉Houzeo – Useful Filters for FSBO houses
Buying an FSBO can be a challenging process since there are many key factors involved and no listing agent This is where Houzeo makes it easier:
🎯 Key Takeaways
- Start filtering your search by city and narrow down your search by choosing the property type, whether it’s a For Sale, Sale Pending, or Sold (with corresponding color coding)
- Customize it further with a specific search based on Max HOA, tours, square feet, lot size, year built, basement, no. of stories, days, etc.
- You can also find what kind of home type you’re looking for: single-family, multifamily, townhouses, condos, co-ops, lands/lot, mobile, others.
👉 Find and Buy Homes For Sale by Owner: 8 Steps to look and purchase the right property
Redfin vs Zillow vs Houzeo: How They Make Money
Redfin Revenue Streams
Redfin is a discount brokerage that uses a hybrid real estate system to conduct transactions. They close, sell, and buy deals using a combination of technology and manpower. This approach is comparable to the traditional agent system, in which both vendors and buyers pay lower commissions.
Redfin’s revenue sources are divided into two categories: service and product. These sections are broken down further into subcategories. Take a look at a few examples:
|Revenue Streams||Calculation Margin||Description|
|Listing Fees||1.5%||The listing fee for Redfin is a minimum 1.5% margin. This does not include ala carte services or the buyer agent commission of 2.5% - 3%.|
|Buyer Closing Fee||1%||These closing costs are all the expenses and fees associated with taxes, title insurance, appraisal, lender fees etc.|
|RedfinNow||6 - 17%||Redfin's iBuying arm, buys homes for a cash offer. They charge an additional service fee, repair estimate, and closing fee.|
|Redfin Mortgage||3 - 5%||Redfin's financing unit makes money on the interest it charges on the loan. This depends on loan duration and the down payment. Only available in Florida, Arizona, Colorado, or Georgia..|
|Concierge Service||1%||This concierge package includes a dedicated listing agent, advanced pricing analysis, 3D walkthrough, professional photography, open houses advertising campaignsmarket research, brochures, and Redfin home dashboard|
Zillow Revenue Streams
Zillow Group reported annual revenue of 3.3 billion in 2020 alone. But if their FSBO listings are free, how do they make money? With 36 million users monthly, Zillow acts as the perfect marketplace to sell products and generate ad sales on both the website and the app.
Their revenue stream can be divided into three sections: Buyers, Rentals, and Sellers.
|Category||Revenue Streams||Calculation Margin||Description|
|Buyers||Zillow Premier Agent||$150 - $1000 (monthly)||Zillow Premier Agents is an excellent tool for agents and buyers. The service equips buyers with high-end tools, resources and the agent's network.|
|Buyers (Service Agents)||Zillow Flex||25 - 40%||Zillow Flex is a referral style program that generates leads. For service agents, it offers an excellent network. However, it is only available is some markets.|
|Rental||Zillow Rental Manager||$24 application fee + $9.99 weekly||Rental manager offers a range of tools you need to manage your rental from posting a listing, leasing, screen new tenants, collect payments etc.|
|Rental||Zillow Feed Connect||$2.45/ listing per day||All 3rd-party agent listings from other websites. These listings are then syndicated with Hotpad, Trulia and Zillow.|
|General||Ad Sales||Variable||Zillow makes a major chunk of revenue by selling ad space to mortgage lenders and businesses that want to target Zillow audience.|
|Seller||Listing Agent Fee||3%||Sellers can always connect with Zillow affiliated agents for listing and selling assistance.|
Redfin vs Zillow vs Houzeo: Which is Best?
All of these sites, Redfin, Zillow, and Houzeo, provide fantastic features for both sellers and buyers. They aren’t a one-size-fits-all approach. The best overall discount real estate company and MLS listing website is Houzeo, however, Zillow is the best for buying with the most listings to choose from. When it comes to selling, Redfin provides low commissions if you work with one of its agents.
At the end of the day, Houzeo wins for Seling and Zillow wins for Buying.
Frequently Asked Questions
Which is better Redfin or Zillow?
Zillow is a marketplace, Redfin is discount broker. While Zillow estimates are more accurate, Redfin Agents are better.
Do people use Redfin or Zillow more?
Redfin is only available in a few markets, but Zillow is one of the most popular real estate markets in the United States. On the popularity front, Zillow comes out on top.
Why are Zillow estimates higher than Redfin?
There is a distinct margin of error between both Zillow and Redfin Estimates. This is because of the approach of recording data from different on market and off market properties. This affects the home value directly.
Why is my Redfin Estimate so low?
Redfin estimates are incentivized for keeping prices low. This will be used to market and purchase the home using these price strategies. As a result, the redfin home value should only be used as a guide.
Is Houzeo good?
On Trustpilot, Houzeo is one of the most reviewed real estate companies and boasts of an “Excellent” rating of 4.9 stars.