Redfin Revisited: A Company To Watch

re: Redfin Revisited: A Company To Watch

Gopal Panda — Sat, 26 Sep 2009 05:46:03 GMT

I recently saw a property in Chase bank website listed for $315,000 in Los Angeles area but redfin quated it as $387,000, I tried to put an offer through redfin.com but they did not let me put the offer more than 15% less than their actual price. this really bad first they jacked the price of the propery by 30% and then they dont let customer to submit offer for less than the 15% of the actual rate.

RE:Redfin Revisited: A Company To Watch

Paul — Mon, 04 Feb 2008 13:00:00 GMT

I am considering a condo that was built in late 2006. I've already done all the research of recent sales in the building and saw what everyone bought in at by going straight to the county website. For something so new, considering I've successfully done the research on the valuation what would a real estate agent be offering besides showing the property and filling out forms anyway? Why not get the 8K cost savings? I wouldn't buy a 30 year old property with Redfin... but this is nearly as new as it gets...

RE:Redfin Revisited: A Company To Watch

David — Mon, 30 Jul 2007 11:00:00 GMT

Is Redfin legal? I swear there was a rule called "Tie-in arrangement" and giving out kick back is illegal.

RE:Redfin Revisited: A Company To Watch

Anonymous — Tue, 15 May 2007 11:00:00 GMT

I own a small real estate company. The business model may sound great but inlight of the litigous world real estate is I feel sorry for Redfins clients when they have to write out checks to lawyers.....buyer beware!

RE:Redfin Revisited: A Company To Watch

cd — Wed, 25 Apr 2007 11:00:00 GMT

Realtors fees are not fixed. I would shop around, there are always agents who will list for $500 and buyers agents who will bring a buyer for 2% in a mid priced home. Less for a more expensive home. Redfin is just another choice the consumer.

RE:Redfin Revisited: A Company To Watch

Mary — Sat, 21 Apr 2007 11:00:00 GMT

Redfin offers "no service" to either the buyer nor the real estate agent. They are apparently no accountable and seem to me to basically offer "nothing" at all. I would NEVER recommend them nor use them EVER.

RE:Redfin Revisited: A Company To Watch

Anonymous — Fri, 20 Apr 2007 11:00:00 GMT

This is a tricky business, as a realtor for the last 10 years all I can say is 'good luck' because in RE lawsuits are lurking around every nook and cranny. Disclose, disclose, disclose and CYA!

RE:Redfin Revisited: A Company To Watch

Doris — Fri, 20 Apr 2007 11:00:00 GMT

Excellent article - I look forward to Redfin coming to the Boston area.

RE:Redfin Revisited: A Company To Watch

Anonymous — Thu, 19 Apr 2007 11:00:00 GMT

As a realtor for the last 10 years...with all the fees and etc. I pay to keep my license, redfin is going to be sued out of sight and will not come back, this is a tricky business.

RE:Redfin Revisited: A Company To Watch

Anonymous — Thu, 19 Apr 2007 11:00:00 GMT

This article like so many others make Redfin out to be a hero with there discount model. In reality they aren't providing any value to there clients. I will sell your house for 4% percent if all I have to do is fill out the forms and look up your house value with Zillow.com.