Recent MBA grad, Mark Trang, spent weeks searching for a place in San Francisco to call home and found that the housing, like most things in the city, was terribly old or 21st century new. After an unsuccessful bid on an older property he decided to make an offer on one of the gleaming new… Read More
In a few minutes, Redfin will post on its website a short notice that we cannot take new listings: From June 16 to July 8, Redfin is not accepting new listing customers. You can submit listing information now if you’d like, but we will not contact you or list your property until July 9. If… Read More
Last February, when the rain wouldn’t stop and we were bored out of our minds, Redfin released a year of sales records indicating that our buyers on average got a better deal than customers of other brokerages, on top of the commission savings. Mose Andre, Redfin’s compulsive stats man, has only recently recovered. Hundreds of… Read More
At lunch with Cynthia and a local real estate baron, we heard about a new tactic for getting a deal on a property. Rather than offering a lower price, ask the seller to handle closing costs, which can run up to $10,000 or more. Builders with multiple units prefer this approach because they avoid recording… Read More
Redfin showed up in some unexpected places over the past week. The most e-mailed article in The New York Times today is a farewell posting from Damon Darlin, author of the weekly column “Your Money.” Damon originally profiled Redfin in The New York Times. In his latest article, he acknowledges that his wife has scolded… Read More