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The Redfin Estimate is highly accurate, with a current median error rate of just 1.97 % for homes that are for sale, and 6.69 % for off market homes. This means that when a home that is currently on the market sells, the Redfin Estimate will be within 1.97 % of the sales price half of the time.
Redfin Corporation, based in Seattle, provides residential real estate brokerage and mortgage origination services. The company operates in more than 100 markets in the United States and Canada. [1] The company has a 0.80% market share in the United States by number of units sold and has approximately 2,000 lead agents.
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