What many buyer are missing here is the value that Professional agents bring to the table..Professional and EXPERIENCED agents I should say….

Example: I was working with a couple many months ago…Showed them about 7 homes in a 3 month period…they fell in LOVE with the one particular home….I always Thoroughly check out the home on the Second time there or if they show interest…I pointed out that something didn’t feel right in the living room…they didn’t know what I meant and then I told them to walk over here in this area…feel that I mentioned to them?? They said…Yeah jeesh what is that…That is a VERY large crack in the floor that is raising up….come to find out that they had fallen in LOVE with a LEMON…this home had more structural faults than a 7 time divorced Business man!
SO many people Don’t quite get that what they are as they say PAYING too much for is actually Money well spent…Well IF you get the right agent or Broker that is….
This couple was SO happy that I pointed this out to them…They said my God what if we had bought that home??? He said that they would have probably had to have spent 20/30k to fix the problem,IF it could even be fixed!
How did these wonderful people show their appreciation?? They purchased a home from another agent a month later….after they said that re evaluated things and wanted to wait for awhile….Hope they had an experienced agent for that transaction…hope they don’t have any major issues….let’s hope!

Regards

Rick

Too much of the past 5 years has been focused on building yet another “cool web app” with not enough focus on providing real money for investors, and $12 million back to consumers.

Thank you Redfin, now let’s see how the rest of us can continue innovating.

In life you tend to get what you pay for. If you’re a redfin kind of person that wants to works with someone that really doesn’t do anything for you – go for it.

There will always be a place for professional real estate agents – like it or not.

Redfin is to real estate, like do-it-yourself online legal hotlines are to Attorneys or black market Viagra vendors are to pharmacies. They are like locusts on earth.

House Prices Web Sites Plus News Headlines and More
House Prices Web Sites Plus News Headlines and MoreNew entrants in the real estate investment business make the common mistake of paying too much for a property they invest in.How Much Work Is Too Muc…

I don’t know how good they are selling houses, but they must be awesome at presentations to their investors.

“Sure, we are not making any money, and our business model is completely reliant on the fact that the industry we are saying we will change does not, actually, change (because then we would have no commission to refund). But hey, at least we’re big on TechCrunch!”

They have made no profit and are only in a few areas. In fact they sold less than 1000 homes last year, even with all their PR and TechCrunch’s constant bowing. Many individual agents sell 100 homes/year by themselves.

We all get it- You like Redfin, but do we all need to know ever little thing they do, no matter how small or insignificant?

In the purchase and sale of 8 residences over the years, I have dealt with one (and only one agent) that has been worth their salt.

A good example is with my recent retirement (early) and a decision to move to a warmer climate, a home was purchased and the home to be sold was veiwed by more than one RE Agent. After the listing the Agent showed the home 1 time in six months, at the end of the 6 month contract, he wanted to re-list at a lower price. I made one phone call and sold the home within the same week. Sure I sold for a little less than it was listed for, BUT still came out with more for myself after all was said and done.

Let’s see… copyright lawyers, used car salesmen, real estate agents, they are all pretty much tied for the lowest ranking in my book.

They are disingenuous. Their business models depends on the status quo NOT changing. Kill the host and the parasite dies.

If the National Association of Realtors and the MLS’s were stocks, they would tank in 2008 as innovation finally catches up with an old industry. Now if we could only buy our cars online w/o the sleazy salesman too.