FB
[email protected]
206-338-3535
Home / Et cetera / RedfinNow shuts down, deals coming for their 17 unsold homes in the Seattle area?

RedfinNow shuts down, deals coming for their 17 unsold homes in the Seattle area?

By November 11, 2022

Et cetera

Redfin announced this week that they’re shutting down RedfinNow, their “iBuyer”/home-flipping initiative, and will be selling the homes they own as quickly as possible, hoping to have liquidated them all by the second quarter of 2023.

Curious about how many homes Redfin owns in the area we searched through county records to find them all. Turns out there are only 25 in the area with 8 already pending. If you’re on the search for a deal, you may find one in one of their 17 unsold homes.

We’re sad to see RedfinNow go away. Was a good option for some sellers, but obviously a hard business to operate at scale.

I own and manage Urban Living, a boutique Seattle and Bellevue real estate brokerage. I love lofts, floating homes, new construction, and mid-century moderns, but I will help you buy or sell just about anything!

Get in touch to:

  • Understand the market
  • Find your perfect home
  • Sell your home

Contact:

206-203-6242

Ask Matt a Question

Matt usually responds in about 15 minutes

"*" indicates required fields

I'm considering*

I agree to be contacted by Urban Living via call, email, and text. To opt-out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Message and data rates may apply.

This field is for validation purposes and should be left unchanged.

I agree to be contacted by Urban Living via call, email, and text. To opt-out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Message and data rates may apply.

Ask us a Question

We usually respond in about 15 minutes

"*" indicates required fields

I agree to be contacted by Urban Living via call, email, and text. To opt-out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Message and data rates may apply.

This field is for validation purposes and should be left unchanged.

I agree to be contacted by Urban Living via call, email, and text. To opt-out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Message and data rates may apply.