DISQUS

lady · 3 years ago

will redfin automatically perform contract negotiations etc? the agent is going to be around for a while it is not that easy!
RK · 3 years ago

I think Redfin is a great idea. one needs to trim the fat = Agent with no ROI value, Contract neg can be automated do not under estimate Technology, if there is will and need it will happen.

RK
SC · 3 years ago

When I bought my house a couple of years ago, my realtor's contribution included all of faxing my offer and showing up at the closing. I think agent's contributions have been nil over the last few years. I expect that in a "normal" market the agent's primary contribution would be the pricing. An effective way to automate that would be the end of the realtor as we know it.
Greg Sterling · 3 years ago

This will hit the middle of the market and those agents who aren't serious and/or successful. But the Internet and ZipRealty's similar model haven't killed agents to date and won't. But it's an interesting development and one that will help many buyers.

Eric Heller of Redfin wrote me and said "The growth has literally been explosive, and we now represent nearly 1% of all transactions done in the most populous county in the Northwest."

Another interesting site that's going to put some pressure on agents (on the sell side) is Homethinking.
John Masters · 1 year ago

Once again I have found a good post of yours