Why I Signed Up With Redfin: Ted Chen

Ted Chen is a Redfin Premier representative in the Bay Location. He signed up with Redfin in December 2023 after constructing an effective group at eXp Real estate. We overtook Ted to hear more about his experience at Redfin up until now.

Real estate agent Ted Chen standing outside in a suit and tie
What were you doing before you signed up with Redfin?

I have actually remained in the realty market for almost a years, doing some industrial realty and organization operations in addition to property sales. Most just recently, I was handling the Bay Location side of Superior Real estate Group, which is the primary medium size group at eXp Real estate. In the last 2 years, I have actually closed more than $40 million in sales and invested considerable time in mentoring other representatives.

Why did you choose to sign up with Redfin?

I thought about Redfin 3 years earlier when I was yearning modification and checked out tech-focused business like Redfin versus conventional brokerage designs. At the time, I chose to develop my own group, however remained linked as a Redfin Partner Representative to empower my network.

Redfin approached me a couple of years later on with the brand-new payment strategy in the Bay Location. Redfin Next fascinated me since I wished to focus on offering realty versus investing time for list building or administering back-end jobs. I wished to prep listings and reveal homes! Redfin Next assures to fix these issues and supplies excellent advantages while offering a reasonable commission split for representatives like me.

What was the shift like?

Transitioning to Redfin was smooth: I was currently discovering and sharing homes with my customers through Redfin. Thanks to my period as a Partner Representative, I was currently knowledgeable about the numerous tech tools Redfin provides and the crucial metrics Redfin tracks. I have actually particularly valued my group of organizers and associate representatives, since I didn’t utilized to have this kind of a group to count on. My group has actually assisted maximize a substantial piece of time for me to concentrate on closing offers and planning for the year ahead.

What makes Redfin various from other brokerages?

Redfin actually strolls the talk, putting consumers initially. This technique lines up well with my own concerns, so Redfin is a fantastic match for me. Redfin’s popular brand name is another crucial advantage that I worth. Everybody utilizes Redfin to look for homes and having Redfin as your brokerage assists in a listing assessment or going on trip. I can share Redfin-exclusive benefits with listing customers, such as top priority positioning on Redfin.com. Protecting 7 days at the top of everybody’s searches is a great deal of additional eyeballs! I deal with numerous Bay-area techies who like having an “Owner Control panel” for statistics on the number of individuals have actually seen their listing and how our marketing projects are carrying out. Other brokerages filter this kind of info through a representative, versus Redfin offering that information separately to empower sellers to feel in control of the procedure.

I have actually utilized a great deal of tech tools in my time as a representative, and I believe Redfin’s Representative Tools is a truly strong platform. I can see a list of my customers and crucial information about their purchasing or offering journey, for instance, homes they have actually seen or favorited, or what they considered various communities while out on trip. These insights assist me tailor and customize my customer interaction, getting rid of the common, “Have you seen this home yet?” since I currently understand! These functions are currently assisting me raise my conversion: among my customers had actually just recently favorited a home that was simply relisted at a lower rate, so I notified him and now we’re going to explore it.

What would you inform other representatives who are considering signing up with Redfin?

I am currently evangelizing! A minimum of 20 other representatives have actually connected to me because I signed up with Redfin to comprehend my profession relocation. I’m not the sort of representative who goes after the next glossy item, and I did a great deal of research study before I made the switch. Brokerages can attempt to beguile each other on commission divides or fancy bonus offers, however Redfin improves the whole representative experience. Here, I am established for success with top quality leads and an assistance group. Redfin Next’s sphere and commitment divides are on par with numerous brokerages on the marketplace. I see Redfin as a location where my realty profession can grow and prosper for the long term, and I wager you will discover the exact same thing.

Wish to take your realty organization to the next level? With Redfin Next, you’ll make a huge conventional split by yourself offers, combined with Redfin.com consumers, advantages, and assistance. Find out more at redfin.com/next

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