Comments on: How Can You Be A Discounter if There is No Standard Price? http://blog.redfin.com/blog/2007/05/how_can_you_be_a_discounter_if_there_is_no_standard_price.html Redfin Corporate Blog Sun, 22 Nov 2009 20:09:04 -0800 http://wordpress.org/?v=2.8.1 hourly 1 By: Rick Rodriguez http://blog.redfin.com/blog/2007/05/how_can_you_be_a_discounter_if_there_is_no_standard_price.html/comment-page-1#comment-1468 Rick Rodriguez Sat, 25 Aug 2007 18:50:04 +0000 http://devblog.redfin.com/blog/2007/05/how_can_you_be_a_discounter_if_there_is_no_standard_price.html#comment-1468 Who is paying the refund, rebate, discount, or whatever? Redfin or the Seller of the property Redfin sold? My guess: it's the Seller. So, how is Redfin giving a discount? I think it's the Seller that pays....so it's the Seller that's giving the discount, and redfin is piggybacking on the Seller's dime. Who is paying the refund, rebate, discount, or whatever? Redfin or the Seller of the property Redfin sold? My guess: it’s the Seller. So, how is Redfin giving a discount? I think it’s the Seller that pays….so it’s the Seller that’s giving the discount, and redfin is piggybacking on the Seller’s dime.

]]> By: Stephen Graham http://blog.redfin.com/blog/2007/05/how_can_you_be_a_discounter_if_there_is_no_standard_price.html/comment-page-1#comment-723 Stephen Graham Thu, 31 May 2007 00:04:31 +0000 http://devblog.redfin.com/blog/2007/05/how_can_you_be_a_discounter_if_there_is_no_standard_price.html#comment-723 "How can we (so eagerly) categorize any broker as a discounter if there is no standard price to discount from?" Still awaiting an intelligent response to that question.... “How can we (so eagerly) categorize any broker as a discounter if there is no standard price to discount from?”

Still awaiting an intelligent response to that question….

]]> By: nonymouse http://blog.redfin.com/blog/2007/05/how_can_you_be_a_discounter_if_there_is_no_standard_price.html/comment-page-1#comment-722 nonymouse Wed, 30 May 2007 08:57:31 +0000 http://devblog.redfin.com/blog/2007/05/how_can_you_be_a_discounter_if_there_is_no_standard_price.html#comment-722 why do agents keep calling it a discount or limited service? They clearly do not understand the business model because redfin can deliver the same things with less hassle. They seem so crazy and defensive right now that they sound totally ignorant and incapable of presenting a sound argument. And what is their definition of "full service?" Blow jobs at the open house? Happy endings at the lock box? shampooing my carpets and painting my house? yard work? or is their definition printing flyers and chauffering customers? why do agents keep calling it a discount or limited service? They clearly do not understand the business model because redfin can deliver the same things with less hassle.

They seem so crazy and defensive right now that they sound totally ignorant and incapable of presenting a sound argument.

And what is their definition of “full service?” Blow jobs at the open house? Happy endings at the lock box? shampooing my carpets and painting my house? yard work?

or is their definition printing flyers and chauffering customers?

]]> By: nonymouse http://blog.redfin.com/blog/2007/05/how_can_you_be_a_discounter_if_there_is_no_standard_price.html/comment-page-1#comment-721 nonymouse Wed, 30 May 2007 08:56:50 +0000 http://devblog.redfin.com/blog/2007/05/how_can_you_be_a_discounter_if_there_is_no_standard_price.html#comment-721 why do agents keep calling it a discount or limited service? They clearly do not understand the business model because redfin can deliver the same things with less hassle. They seem so crazy and defensive right now that they sound totally ignorant and incapable of presenting a sound argument. And what is their definition of "full service?" Blow jobs at the open house? Happy endings at the lock box? shampooing my carpets and painting my house? yard work? or is their definition printing flyers and chauffering customers? why do agents keep calling it a discount or limited service? They clearly do not understand the business model because redfin can deliver the same things with less hassle.

They seem so crazy and defensive right now that they sound totally ignorant and incapable of presenting a sound argument.

And what is their definition of “full service?” Blow jobs at the open house? Happy endings at the lock box? shampooing my carpets and painting my house? yard work?

or is their definition printing flyers and chauffering customers?

]]> By: Cave Spot http://blog.redfin.com/blog/2007/05/how_can_you_be_a_discounter_if_there_is_no_standard_price.html/comment-page-1#comment-720 Cave Spot Sat, 26 May 2007 20:14:30 +0000 http://devblog.redfin.com/blog/2007/05/how_can_you_be_a_discounter_if_there_is_no_standard_price.html#comment-720 Companies like Redfin give the consumer more choice which is a good thing. Choosing between full service, discount, etc. should be up to the consumer. Cave Spot www.cavespot.com Toronto Real Estate Forum Companies like Redfin give the consumer more choice which is a good thing. Choosing between full service, discount, etc. should be up to the consumer.

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

]]> By: Stephen Graham http://blog.redfin.com/blog/2007/05/how_can_you_be_a_discounter_if_there_is_no_standard_price.html/comment-page-1#comment-719 Stephen Graham Sat, 26 May 2007 16:59:40 +0000 http://devblog.redfin.com/blog/2007/05/how_can_you_be_a_discounter_if_there_is_no_standard_price.html#comment-719 Glenn @ Redfin, I'm glad to see that you gave some great exposure to the rebate model through 60 minutes. The consumer now has access to the information necessary to make an informed decision when buying. If you guys are coming to Atlanta, we look forward to competing with you. Good Luck! Stephen Graham www.georgia-new-homes.net Glenn @ Redfin,

I’m glad to see that you gave some great exposure to the rebate model through 60 minutes. The consumer now has access to the information necessary to make an informed decision when buying. If you guys are coming to Atlanta, we look forward to competing with you.

Good Luck!
Stephen Graham
http://www.georgia-new-homes.net

]]> By: Nick Davis http://blog.redfin.com/blog/2007/05/how_can_you_be_a_discounter_if_there_is_no_standard_price.html/comment-page-1#comment-718 Nick Davis Sat, 26 May 2007 00:29:32 +0000 http://devblog.redfin.com/blog/2007/05/how_can_you_be_a_discounter_if_there_is_no_standard_price.html#comment-718 They are trying to make a mockery of Redfin: <a href="http://www.youtube.com/watch?v=ZZzbrftTF0g" rel="nofollow">http://www.youtube.com/watch?v=ZZzbrftTF0g</a> They are trying to make a mockery of Redfin:

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

]]> By: Edyn Real Estate http://blog.redfin.com/blog/2007/05/how_can_you_be_a_discounter_if_there_is_no_standard_price.html/comment-page-1#comment-717 Edyn Real Estate Sat, 26 May 2007 00:14:59 +0000 http://devblog.redfin.com/blog/2007/05/how_can_you_be_a_discounter_if_there_is_no_standard_price.html#comment-717 Alex, good point on the "making money". Is Redfin doing that yet? Glenn, to me, it's not about discounting it's about limited service. Discount all you want just don't limit the services. If you want to call your self a discounter, a rebater, a refunder, go ahead. It doesn't matter what we call it. I think you are on to something, just don't be afraid to admit "we're wrong. this isn't working" and reinvent again and again and again until you get the right balance. Are you making money? If you are still looking for VC, I assume you are not and it might be time to reinvent. My partner and I are putting capital into our start-up by selling my homes, my cars, and my wakeboards. I have to make a profit with-in 6 months or get ready to reinvent fast. Alex, good point on the “making money”. Is Redfin doing that yet?

Glenn, to me, it’s not about discounting it’s about limited service. Discount all you want just don’t limit the services. If you want to call your self a discounter, a rebater, a refunder, go ahead. It doesn’t matter what we call it. I think you are on to something, just don’t be afraid to admit “we’re wrong. this isn’t working” and reinvent again and again and again until you get the right balance.

Are you making money? If you are still looking for VC, I assume you are not and it might be time to reinvent. My partner and I are putting capital into our start-up by selling my homes, my cars, and my wakeboards. I have to make a profit with-in 6 months or get ready to reinvent fast.

]]> By: Nick Davis http://blog.redfin.com/blog/2007/05/how_can_you_be_a_discounter_if_there_is_no_standard_price.html/comment-page-1#comment-716 Nick Davis Sat, 26 May 2007 00:11:23 +0000 http://devblog.redfin.com/blog/2007/05/how_can_you_be_a_discounter_if_there_is_no_standard_price.html#comment-716 how traditional real estate brokers can insist on calling Redfin a discounter while strenuously maintaining there is no standard commission? Now that is a conundrum for the traditional crowd! how traditional real estate brokers can insist on calling Redfin a discounter while strenuously maintaining there is no standard commission?

Now that is a conundrum for the traditional crowd!

]]> By: Alex Mather http://blog.redfin.com/blog/2007/05/how_can_you_be_a_discounter_if_there_is_no_standard_price.html/comment-page-1#comment-715 Alex Mather Fri, 25 May 2007 22:47:03 +0000 http://devblog.redfin.com/blog/2007/05/how_can_you_be_a_discounter_if_there_is_no_standard_price.html#comment-715 Right now you're a deformed frog and the other frogs are laughing at you, calling you names, and generally being mean. If you're customers are happy and you're making money, who cares about your "deformity?" Who cares that they're calling you names? If you fulfill your promise of being amazing agents at a lower cost to consumers, in time the deformed frogs will outnumber the "normal" frogs and consumers will forget which set of frogs is which. Right now you’re a deformed frog and the other frogs are laughing at you, calling you names, and generally being mean.

If you’re customers are happy and you’re making money, who cares about your “deformity?” Who cares that they’re calling you names? If you fulfill your promise of being amazing agents at a lower cost to consumers, in time the deformed frogs will outnumber the “normal” frogs and consumers will forget which set of frogs is which.

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