Seriously, if I were buying and selling a home I wouldn’t really care if Redfin was profitable right now – I’d just look at how I could get the most money.
As for the quality of the agents, I can’t really vouch because I’ve only dealt with two and they were both great. I could tell you horror stories about traditional realtors I’ve dealt with. For example, when I was selling a house about 15 years ago, my first realtor approached me with a deal to sell my house for $100K over the asking price if I would return that $100K to the buyer after the transaction. I fired him. Another one told me he submitted my bid on a home in northern California to the seller’s agent. When I didn’t get a response from the seller, I contacted him directly. Apparently the offer was never presented to him. We were able to work out a deal.[/quote]
Yes we are all different whether we are employed by RDFN or independent contractors as most of us are.
Redfin exists by marketing themselves as lower cost when they are not.
All the industry analyst reports I read assign zero value to their iBuyer business.
I agree that in end it should be about getting the best result but RDFN has far from any monopoly or advantage in that regard. I could offer a better expereince for far less then them if I chose to and sometimes do. Also it isnt always about getting the most money. Sometimes the terms of the sale are equally or more important then getting a few thousand dollars more. Sometimes getting the right house is more important then a small rebate at closing. One thing I have learned is that there is NOTHING more expensive then buying the wrong home.
Thank you for helping to bring real estate discussion back to Piggington. It is such a seemingly simple thing on the surface but those of us who have lived it for decades understand it is far more complex then you could imagine.
