Redfin Launches In Austin

Seattle-based real estate service Redfin announced this morning that it has begun offering its service in a new market, in Austin, Texas. Redfin said it has set up a team of its own in Austin, initially with four people, to let locals buy and sell homes via an in-house agent. Redfin has offered service in the area via partners, but this is the first time it has set up its own team. The company provides highly discounted services to buy and sell homes by leveraging its own, Internet systems.