Comments on: Revolutions: Redfin Case Study http://alexlod.com/2008/04/15/revolutions-redfin-case-study/ A blog by Alex Loddengaard Mon, 21 May 2012 20:26:00 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Alex Loddengaard http://alexlod.com/2008/04/15/revolutions-redfin-case-study/comment-page-1/#comment-409 Alex Loddengaard Fri, 18 Apr 2008 19:48:13 +0000 http://www.alexloddengaard.com/?p=88#comment-409 Thanks for the note, Greg. It's interesting to me to learn more about your views of Redfin and the real estate market. I admit that I am a selective reader of the <a href="http://www.bloodhoundrealty.com/BloodhoundBlog/" rel="nofollow">BloodHoundBlog</a>, but after reading your note I've decided that I should be more in tune with your views, especially if I'm going to write about them. Thanks again. Thanks for the note, Greg. It’s interesting to me to learn more about your views of Redfin and the real estate market. I admit that I am a selective reader of the BloodHoundBlog, but after reading your note I’ve decided that I should be more in tune with your views, especially if I’m going to write about them. Thanks again.

]]> By: Greg Swann http://alexlod.com/2008/04/15/revolutions-redfin-case-study/comment-page-1/#comment-406 Greg Swann Fri, 18 Apr 2008 17:51:50 +0000 http://www.alexloddengaard.com/?p=88#comment-406 Sorry, I didn't mean to seem not to address the post, just got distracted by the PS. I won't speak for any other critics of Redfin. My own objection was to the company taking the full co-broke while defaulting on the buyer's agent's obligations. This practice is going away, and with it my own animosity. The next level of the argument is that, even with the economies of organizing a real estate brokerage with the task-specialization of a normal business, Redfin will not be profitable, at least not working with buyers. <a href="http://blog.redfin.com/blog/2008/04/short_sales_real_estate.html" rel="nofollow">Some transactions cost quite a bit more than they pay</a>, which is a reason why real estate commission are what they are. The inherent socialism of taxing nine easy transactions to subsidize the monster tenth is not just, but this is not something Redfin (or anyone) is addressing. FWIW, as a matter of general practice, I am in favor of change in the real estate industry. Even if I don't love particular aspects of the innovation, anything that shakes things up will have salutary consequences in the long run. Good post. Good ideas spark good ideas. We'll either fire up the engine of progress or burn down the mission, a net improvement either way. ;) Sorry, I didn’t mean to seem not to address the post, just got distracted by the PS. I won’t speak for any other critics of Redfin. My own objection was to the company taking the full co-broke while defaulting on the buyer’s agent’s obligations. This practice is going away, and with it my own animosity.

The next level of the argument is that, even with the economies of organizing a real estate brokerage with the task-specialization of a normal business, Redfin will not be profitable, at least not working with buyers. Some transactions cost quite a bit more than they pay, which is a reason why real estate commission are what they are. The inherent socialism of taxing nine easy transactions to subsidize the monster tenth is not just, but this is not something Redfin (or anyone) is addressing.

FWIW, as a matter of general practice, I am in favor of change in the real estate industry. Even if I don’t love particular aspects of the innovation, anything that shakes things up will have salutary consequences in the long run.

Good post. Good ideas spark good ideas. We’ll either fire up the engine of progress or burn down the mission, a net improvement either way. ;)

]]> By: Greg Swann http://alexlod.com/2008/04/15/revolutions-redfin-case-study/comment-page-1/#comment-404 Greg Swann Fri, 18 Apr 2008 16:29:21 +0000 http://www.alexloddengaard.com/?p=88#comment-404 > I think Bloodhound and I have the same WP theme. Same basis, anyway. Ours started with 3D spheres in the banner image. I changed the orange to Bloodhound Red and added a lot of custom PHP. I use variations on that theme on five of our weblogs. Looks great here, too. > I think Bloodhound and I have the same WP theme.

Same basis, anyway. Ours started with 3D spheres in the banner image. I changed the orange to Bloodhound Red and added a lot of custom PHP. I use variations on that theme on five of our weblogs. Looks great here, too.

]]> By: Huckleberry Hart http://alexlod.com/2008/04/15/revolutions-redfin-case-study/comment-page-1/#comment-390 Huckleberry Hart Wed, 16 Apr 2008 16:33:48 +0000 http://www.alexloddengaard.com/?p=88#comment-390 Yea!!! Disclaimers are cool. Keep gettin' racy dogger...Updates cometh. Yea!!! Disclaimers are cool. Keep gettin’ racy dogger…Updates cometh.

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