Comments on: 60 Minutes Aftermath: Hell Hath No Fury Like a Realtor Scorned

By: Robert Markin

Robert Markin — Tue, 18 Sep 2007 00:53:04 +0000

Hi. I have been reading the entries on this blog, and thought that other readers might be interested in doing some networking. I have been getting loans done in Florida for a lot of buyers who have been struggling. If any of the readers on this blog would like to get in touch about helping their buyers qualify for the loan they need, call me at our office. The number is on our site http://www.creditmortgage.com. Thanks. I am open to your thoughts.

By: Lisa

Lisa — Fri, 10 Aug 2007 16:09:28 +0000

We have had our house on the market since 2005. The slump had JUST begun and we missed the boat. We need our home sold to relocate. My parents now in thier 80s sold 3 homes and bought 4 all without the use of realtors.
I did not have the chance to see the 60 minutes show….but will find a way to see it. I saw this clip on yahoo about you guys and next time around….we are using Redfin!

By: MattB

MattB — Thu, 31 May 2007 17:49:15 +0000

I love how the video has to explicitly spell out the math of the transaction multiple times. I’m guessing that’s for the agents who watch it.

Although, I think the video begs for a side by side comparison of how Redfin does on the sell side. I know from my personal experience with Redfin I sold in 7 days, for a price I wanted, and set a new record high for any house with in a 10 block radius.

BTW, my agents name was Rob but I’m not sure why that matters.

By: Leslie Stool

Leslie Stool — Mon, 28 May 2007 04:47:38 +0000

You have to admit – this is hilarious even if it is not factual.

http://www.youtube.com/watch?v=ZZzbrftTF0g

By: Cave Spot

Cave Spot — Sat, 26 May 2007 20:07:36 +0000

Great episode on 60 minutes. Any plans to come to Canada. I have a strong feeling your model would work here.

Cave Spot
http://www.cavespot.com
Toronto Real Estate Forum

By: Mary

Mary — Tue, 22 May 2007 14:09:07 +0000

Having gone through Redfin, FSBO and also using traditional agents, they each have their own merits. But I can say that using a traditional agent got us into the real estate market without too much stress (but found later that she could have done a little searching on the MLS to really help us out with the initial offer but did not), FSBO worked out great due my being off to show the home and we did all the paperwork, etc., and Redfin was perfect for our relocation to Seattle where we did most of our searching online and needed someone to make a very personal offer. She did and got the deal done. It completely depends on the comfort of the consumer with the real estate market, conditions of the local market, life circumstances, etc. But I would never “use” an agent regardless of the circumstance in order to utilize an alternative.

By: Jim Gatos

Jim Gatos — Sun, 20 May 2007 11:21:56 +0000

Well, if I were ever “unconscious” enough to deal with Redfin, I would verify everything they tell me… and I wouldn’t pay no $250 an hour for a “Three Hour Tour”.. LOL. (Gilligan’s Island).. I would also check to see how many actual sales the sales person did do versus how many they say they do….

By: William Critch

William Critch — Sun, 20 May 2007 01:00:48 +0000

I sincerely hope Redfin makes it to AZ. I’d love to see the starch taken out of the lazy Realtors who just list and dump it into MLS.
Go gettem Redfin guys ‘n gals

By: Jim Gatos

Jim Gatos — Sat, 19 May 2007 14:37:48 +0000

I am asking for the truth here…. On your page on the information of your agents, how accurate are the sales figures? About how many sales they closed? Please answer this question only and don’t try to go elsewhere to divert the issue..

Thanks
Jim

By: Jim Gatos

Jim Gatos — Sat, 19 May 2007 14:32:18 +0000

If Redfin succeeds, it will need an extraordinary amount of sales to do that. So far, I can’t imagine that would work for the general public.
I have nothing really against discount agents. If I thought I could make a decent living as one I would think about it. I just don’t see most of them surviving, that’s all. Also, I am not too keen on the idea of being strong -armed into showing a property for a Redfin buyer when I am a listing agent because the buyer’s Redfin agent is a computer “clerk”. If you are a buyer’s agent, no matter what, you should accompany that client to showings.. If you as a buyer have to pay additional and upfront for that service, then I guess that by itself says volumes…
The only reason I have a problem with Redfin is that they come in and basically holler about how bad we Realtors are. If I had to pay $3000 for a couple of signs and a lockbox, and “cookie cutter” service, I guess I’d be looking at the problem with that too… LOL