Redfin expands into two new markets within the Midwest

Tech brokerage Redfin now has a presence in 42 states, D.C., and Toronto in Canada

Based out of Seattle, this real estate brokerage is expanding its services into the Midwest through Des Moines, Iowa and Lincoln, Nebraska, bringing its total number of states serviced to 42, as well as Washington D.C., the US capitol, and Toronoto, Canada.

In the two new markets, Redfin agents — who are employees, not independent contractors — will sell homes for a 1.5 percent listing fee versus the industry standard 3 percent. However, 1.5 percent is still higher than the 1 percent listing fee Redfin offers in many other regions of the country.

“I was attracted to Redfin’s mission to redefine real estate in the consumer’s favor. Our combination of technology, service and value is unmatched in the local market,” Jake Stanton, who will lead Redfin’s real estate operations in Des Moines, said in a statement. “Redfin is the modern real estate brokerage, positioned to serve the needs of today’s consumers who are looking for personal service from a local expert and also want the convenience of a tech-powered experience.”

Stanton previously served as the General Manager and broker with Exit Realty in Des Moines. Stanton has been in real estate leadership roles for over two decades, according to Redfin.

Consumers in the two new markets will now have access to the suite of Redfin tech tools, including the option to book a home tour from the Redfin app with the click of the button.

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