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Once Again, It Is the Outsiders Innovating
Yup, it’s happened again. Outsiders have out innovated real estate industry insiders. This time it is Redfin’s Agent Scouting Report. Any agent’s entire sale history analyzed and overlaid out on a map....
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VC Money, Startup Technology, and Real Estate: Does Hubris Trump Ethics?
The real estate industry, slow to adapt to new technology, has been experiencing growing pains from outside startup technology companies pushing the boundaries of its comfortable digs. The latest...
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Redfin Pulls the Plug on Scouting Report
WOW. Redfin just pulled the plug on their VERY talked about Scouting Report feature just 5 days after releasing it to the world. Why did they take it down? According to their CEO Glenn Kelman: The...
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Public MLS Real Estate Sales Statistics – A Model For Real Transparency
After the latest attempt at publishing MLS sales statistics for real estate agents in a public forum went down in an inglorious blaze, many people inside and outside the industry are still interested...
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The Inside Scoop on Properties
Let’s face it. No matter what industry you work in – you want the inside scoop. If it’s not public knowledge, your desire to know anything and everything escalates — for no other reason than curiosity...
View ArticleIt’s Been an Exciting Week…
Realogy and Trulia getting married? Redfin raised $50 million (Glenn wrote about it here) “Pocket listings” is causing a stir …and, WOW, apparently Greg Robertson will finally shed light on the Realty...
View ArticleTraffic Does Not Equal Leads and Clients
Redfin’s CEO, Glenn Kelman, penned a post today, titled “Real Estate Brokers Can Coexist With National Portals by Changing the Way We Share Data“ I wanted to call attention to this paragraph: Brokerage...
View ArticleRedfin + Matterport. 3D is Here.
Apparently Redfin folks agree with me; Matterport is the real deal. They just released their 3D tours today… Click here to view the embedded video. Which major brokerage is next in line? The post...
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Walkscore and Redfin: Is Real Estate Tech Too Profitable For Distractions and...
Seattle’s technology brokerage, Redfin, recently acquired our local community metrics company, Walkscore. The guys who run WalkScore have grown their business into household name nationwide, and have...
View ArticleThe Real Estate Tech Growth Continues. $70.9M for Redfin
Just in time for the holiday season, Redfin completed a $70.9 million round. The post The Real Estate Tech Growth Continues. $70.9M for Redfin appeared first on GeekEstate Blog.
View ArticleRedfin: A Discount Brokerage 10 Years Later
Any entrepreneur interested in trying to reduce or cut out agent commissions should read this article about Redfin on the SeattleTimes. Redfin has had eight rounds of venture funding since 2005...
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Redfin & Book It Now for On-Demand Home Tours
Redfin announced their On-Demand Home Tours today with a blog post by Glenn. Completely agree with the consumer win on this, and Redfin just might have enough agents in their network to solve the...
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Redfin Launches Home Price Estimates of Their Own
On the heals of the recent news by Surefield, another Seattle-based brokerage you have probably heard about – Redfin – announced their own Automed Home Price Estimates today. You can type in an address...
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Redfin’s AVM Misfire: 4 Characteristics of a Useful AVM
I am a firm believer that someone will create a great AVM that will rapidly replace human input into the valuation process. As we’ve seen with advances like self-driving cars, computers are better at...
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Redfin’s IPO, and Now
After seemingly hearing the “when is Redfin going public?” question floating around industry conversations for years, it appears the answer is here. Now. In more ways than one. The real big news is not...
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Redfin’s IPO & Brokerages
Rob Hahn has some follow up thoughts on Redfin’s coming IPO as it relates to brokerages that I’d highly recommend reading (if you care about such things as the future of brokerages). A few of my own...
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The Quest for IDX Policy Revision, and Redfin’s Advantage
Earlier this week, I saw Victor Lund’s post about Glenn Kelmans’s call for IDX policy revisions requiring link backs to the broker. My first reaction was: this is a brilliant initiative/strategy. For...
View Article“Make IDX Great Again”? Redfin, SEO, and the Broker/Portal Battlefield
There’s a proposal for NAR to change IDX policy to include a link back to a listing brokerage’s website within every IDX listing display. This has been suggested and supported by Redfin’s Glenn Kelman...
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Why I’m Bullish on Redfin
I’ve written about Redfin before, most recently regarding their IPO and the IDX SEO issue. (disclosure: I own a small number of shares). I spent some time looking at their S-1, looking at their current...
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Will VOWs Go the Way of the Dark Ages?
There’s a fantastic article on the topic of VOWs that Inman published last week. It’s written by David Kully, an antitrust partner for Holland & Knight LLP. Mr. Kully worked for 18 years at the...
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