Redfin will roll out the program in additional cities in the next few months
Redfin has announced the launch of its cash-offer program, RedfinNow, in the Las Vegas metro area.
RedfinNow enables homeowners to get an all-cash offer for their homes and select their move-out date. Qualified homeowners can get an offer in 48 hours or less and close a sale in within seven days after accepting the final offer.
"We are thrilled to bring this convenient and flexible home-selling option to customers in Las Vegas," said Jennifer Williams, manager for RedfinNow in Las Vegas. "RedfinNow is the perfect solution for sellers who need to move quickly or those who want the certainty of a cash offer so they can make a non-contingent offer on their next home. Since soft-launching the service two weeks ago, we've seen strong demand from Las Vegas homeowners and are already under contract to buy a local home."
After buying a home, the program makes repairs and updates before putting it on the market. Buyers can also virtually tour RedfinNow properties via the Redfin app.
"With our brokerage and RedfinNow, we make it easy for sellers to compare what they could get for their home right now to what they could get listing on the open market with a Redfin agent," said Jason Aleem, head of real estate operations for RedfinNow. "Redfin empowers sellers with the choice and transparency to decide what works best for their situation."
The program is currently available in Austin, Dallas, Denver, Houston, Inland Empire, Los Angeles, Orange County, San Antonio, and San Diego. RedfinNow has also announced plans to expand to additional cities in the following months.