## RedfinNow competitors include:

 

- OfferMarket
- Opendoor
- Zillow Offers
- Offerpad

 

| Service | Type | Offer Competitiveness |
|:-------------:|:-----------:|:---------------------:|
| RedfinNow | iBuyer | Low |
| Opendoor | iBuyer | Low |
| Offerpad | iBuyer | Low |
| Zillow Offers | iBuyer | Low |
| OfferMarket | Marketplace | High |

 

## What is RedfinNow?

 
RedfinNow is an "[iBuyer](https://www.offermarket.us/real-estate-glossary/ibuying)" (short for "instant buyer") of single family homes. iBuying is a new home sales model where you receive a cash offer to sell your home fast. While there is an incredible convenience factor in play, the iBuying model comes with some drawbacks that we feel are important to know. If you're looking to sell your home fast and looking for RedfinNow competitors, this article aims to detail your options.

 
 

## ​Things to know about the iBuyer model

 

- Service is available in limited markets
- Not all houses receive an offer
- You will receive a lower offer than you would in a competitive sale
- You will pay service fees of 6% - 10% (not including repairs)
- Your offer will be contingent on an inspection and you will either need to pay for repairs or accept a revised, lower offer.

 

## How does RedfinNow work?

 

While RedfinNow is known for providing immediate all-cash offers to owners, it may take two or three visits to determine the final offer. The process to determine the final price RedfinNow is willing to pay for your property typically includes these steps:

 

1. Owners submit their property info on RedfinNow’s website and get an offer range.
2. RedfinNow makes a quick 30-min evaluation in the house and comes back with a preliminary offer. 
3. If owners agree with the proposal, RedfinNow will carry a deeper inspection to determine if the property needs any repairs.
4. Homeowners will receive the inspection report detailing the essential repairs the property needs and its cost, deducted from the final price.
5. RedfinNow gives owners the right to carry the repairs themselves or cancel the contract if they don’t agree with the inspection report. 
6. Offers can be 5-15% lower than what you would get on the open market. 

 

## Where is RedfinNow available?

 

RedfinNow markets: 

 

- Arizona
- California
- Colorado
- Maryland
- Massachusetts
- Nevada
- Oregon
- Virginia
- Texas
- Washington
- Washington D.C.

 

## RedfinNow offer ranges and exclusions

 

This iBuying company handles different value standards according to the city. In Houston, for instance, RedfinNow purchases houses from $170,000 to $375,000, while in Los Angeles, offer values range from $350,000 to $900,000. 

 

## Is my house eligible to receive an offer from RedfinNow?

 

RedfinNow only buys single-family houses built after 1960 with no structural issues or unauthorized additions. RedfinNow won’t purchase properties with Masonite Woodruff roofing, polybutylene plumbing, or aluminum wiring.

 

## RedfinNow vs OfferMarket

 

| Comparison | OfferMarket | RedfinNow |
|:-----------------:|:------------:|:----------------------------:|
| Service fee | 0% | 4.5% - 7% |
| Repairs | $0 (as is) | paid by seller |
| House type | Any | Selective |
| Closing timeframe | 15 - 45 days | 7 - 60 days |
| Markets | Nationwide | Limited cities and states |

 

## How much money will you keep?

 

| Net Proceeds Analysis | OfferMarket | RedfinNow |
|:---------------------:|:-----------:|:---------:|
| Purchase price | $100,000 | $100,000 |
| Service fee | $0 | $7,000 |
| Repairs | $0 | $2,000* |
| Closing costs | $1,500* | $1,500* |
| Net proceeds | $98,500 | $89,500 |

 
 
(*) *estimated*

 

## [Sell your house fast and competitively with OfferMarket](https://www.offermarket.us/sell?ref=blog-redfinnow-competitors)

 

## Related comparisons:

 

- [Offerpad Competitors](https://www.offermarket.us/blog/offerpad-competitors)
- [Opendoor Competitors](https://www.offermarket.us/blog/opendoor-competitors)
- [Zillow Offers Competitors](https://www.offermarket.us/blog/zillow-offers-competitors)

What is RedfinNow? Where is RedfinNow available? Who are RedfinNow competitors? Your questions answered along with a comparison of RedfinNow and Opendoor.

RedfinNow Competitors - RedfinNow vs Zillow Offers vs OfferMarket vs Opendoor vs Offerpad

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RedfinNow Competitors - OfferMarket

RedfinNow Competitors

If I’m in a situation where I need to sell my house fast, I also want to sell it for as much as possible. I spent years saving up money to buy the house. I spent years paying my monthly mortgage, taxes and insurance. I don't want to just give the house away. I want to make sure I get a fair price. I want to make sure I optimize how fast I can sell my house with how much I can sell it for.

 

## I would have so many questions...

 

## **Question:** How do I sell my house fast? What’s the best way to sell my house quickly?

 

## **Question:** How do I get as much as possible for my house? If I try to get too much for my house, will that delay my ability to sell my house?

 

## **Question:** Do I need to sell my house for cash if I want to sell it fast?

 

## **Question:** Who are these people who say “we buy houses” and “we buy houses for cash" -- I see their signs everywhere and they call and send me post cards.

 

## **Question:** Should I work with a Realtor or should I avoid working with a Realtor? How much does a Realtor charge to sell my house?

 

## **Question:** How to sell for sale by owner?

 

## **Question:** What paperwork do I need to use to sell my house?

 

## **Question:** Do I need a lawyer if I don't sell my house with a real estate agent? 

 

## **Question:** If I sell my house by owner but the buyer works with an agent, how does the buyer’s agent get paid? Do I have to pay them?

 

### The marketplace

 

The marketplace is a powerful concept. Here are some important things to understand:
​
 

- There are sellers, buyers, and agents.
- The price at which buyers are willing to pay (bid) and sellers are willing to sell (ask) does not always converge.
- You shouldn't sell your home for less than what buyers are willing to pay and close on your required timeframe.
- Professional, savvy buyers try to avoid competition.
- There's a price for everything, the market participants will determine it. Whether you as the seller accept it, will determine if a sale occurs. 

 

## Slow down, do your research, evaluate your options.

 

OfferMarket is a real estate marketplace that eliminates unnecessary participants and costs. We use modern technology to allow sellers to safely sell their houses fast at the highest price possible.

 

## Sell my home fast and make buyers compete.

[Create your free listing on OfferMarket. 100% risk free, no obligations.](https://www.offermarket.us/sell?ref=blog-sell-my-house-fast-for-as-much-as-possible)

If I want to sell my house fast, I also should want to sell my house for as much as possible. This article will explain important concepts to help you sell your house fast, while also selling your house for as much as possible.

Sell My House Fast For As Much As Possible - OfferMarket

Sell My House Fast For As Much As Possible

## How do you access investment property inventory?

 

We've polled hundreds of acquisitions professionals, specifically focused on single family rental property and fix and flip. The feedback is unanimous: *inventory is the number one constraint, the market is starving for inventory.*

 

## OfferMarket is the fastest growing investment property marketplace

 

OfferMarket is an investment property marketplace. Every day, exclusive and off-market listings for single family homes are posted on OfferMarket. You won't find these listings on the MLS. In many cases, you will only find them on OfferMarket. 

 

If you're a real estate investor, you need to [subscribe to OfferMarket deal flow](https://www.offermarket.us/survey/subscribe/deal-flow) to access exclusive and off-market single family listings in your target markets.

 

## What kind of inventory is available on OfferMarket?

 

- Turnkey, leased rental properties
- Distressed single family houses

 

## Who lists inventory on OfferMarket?

 

- [Wholesalers](https://www.offermarket.us/wholesalers)
- [Landlords](https://www.offermarket.us/blog/tired-of-being-a-landlord-sell-your-rental-property)
- [Distressed sellers](https://www.offermarket.us/sell-my-house-fast)
- [For Sale By Owner](https://www.offermarket.us/guides/how-to-sell-a-house-by-owner) (FSBO) DIYers

 

## In what markets does OfferMarket have inventory?

 

Access [exclusive and off-market inventory](https://www.offermarket.us/listings) across hundreds of markets nationwide! Here are some of our most active markets:

 

- Greater Baltimore, MD
- Phoenix, AZ
- Jacksonville, FL
- South Florida
- Indianapolis, IN
- Louisville, KY
- Columbia, SC
- Atlanta, GA
- Greater Philadelphia, PA

## [Browse all inventory](https://www.offermarket.us/listings)

 

## Who subscribes to OfferMarket deal flow?

 

- Hedge funds
- Private Equity funds
- REITs
- Local and independent rental and fix and flip investors

 

## Where's your deal flow coming from? [Subscribe to OfferMarket Deal Flow](https://www.offermarket.us/survey/subscribe/deal-flow)

OfferMarket is now the fastest growing investment property marketplace. Learn more about OfferMarket and how easy it is to access and buy exclusive and off-market inventory with OfferMarket. 

Deal Flow - OfferMarket Is The Fastest Growing Investment Property Marketplace

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Deal Flow: The Fastest Growing Investment Property Marketplace - OfferMarket Blog

Deal Flow: The Fastest Growing Investment Property Marketplace

Grow your real estate investing business with the most competitive and transparent private lender for bridge loans (hard money, fix & flip, rehab, ground up construction), DSCR rental loans.

Private Lender for DSCR Loans and Fix & Flip Loans | OfferMarket

Private Lender for DSCR Loans and Fix & Flip Loans

A private lender data feed is a directory of [private lenders](https://www.offermarket.us/real-estate-glossary/private-lender) and [hard money lenders](https://www.offermarket.us/real-estate-glossary/hard-money). If you are a real estate investor, you can access the best private lenders in your market, easily compare rates and terms, and line up funding for your next deal.

 

## Access our private lender data feed

 
<iframe src="https://docs.google.com/forms/d/e/1FAIpQLScaxH1N15scn_MlyAfbTYDBI_7Z3_hpaoqNuqG3mDGvHE2rbg/viewform?embedded=true" width="100%" height="2104" frameborder="0" marginheight="0" marginwidth="0">Loading…</iframe>
 
 
 

## What kind of loans are available through the private lender data feed?

 

## Rental Loans

 

Rental loans are commonly based on [DSCR](https://www.offermarket.us/real-estate-glossary/dscr-debt-service-coverage-ratio) with rates as low as 4% and origination points as low as 1%. Rental loans are available for the purchase of a rental property, or the refinance of a rental property you already own. These loans require a personal guarantee and a credit score of 680 or higher.

 

The [LTV](https://www.offermarket.us/real-estate-glossary/ltv) can go as high as 80% for purchases and 75% for [cash out refinances](https://www.offermarket.us/real-estate-glossary/cash-out-refinance).

 

### Portfolio Rental Loans

 

Blanket portfolio loans for rental properties are for portfolios of 5+ single family rentals (1 - 4 units). Blanket portfolio loans are non recourse, meaning a personal guarantee is not required though there may be a bad boy provision.

 

If you own multiple rental properties, you can refinance them all at once with a blanket rental portfolio loan. If you want to purchase a portfolio of rental properties, a portfolio rental property loan is something to take a closer look at to save time and money.

 

## Fix and Flip Loans

 

Also known as bridge loans, fix and flip loans typically cover 90% of the purchase price and 100% of the rehab. Interest rates are typically as low as 7.99% and origination points are as low as 2%.

 

### Ground Up Construction Loans

 

A form of bridge loan, ground up construction loans usually cover up to 50% of the land purchase price and 100% of the construction.

A private lender data feed helps real estate investors access capital to fund new projects and refinance rental properties.

Private Lender Data Feed

Access our private lender data feed

What kind of loans are available through the private lender data feed?

Rental Loans

Portfolio Rental Loans

Fix and Flip Loans

Ground Up Construction Loans

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