Comments on: Correcting the Weighted Average in the Redfin Advantage http://blog.redfin.com/blog/2008/04/correcting_the_weighted_average_in_the_redfin_advantage.html Redfin Corporate Blog Sun, 22 Nov 2009 20:09:04 -0800 http://wordpress.org/?v=2.8.1 hourly 1 By: Frank Borges LL0SA= Broker FranklyRealty.com http://blog.redfin.com/blog/2008/04/correcting_the_weighted_average_in_the_redfin_advantage.html/comment-page-1#comment-5043 Frank Borges LL0SA= Broker FranklyRealty.com Tue, 06 Jan 2009 13:12:28 +0000 http://blog.redfin.com/blog/2008/04/correcting_the_weighted_average_in_the_redfin_advantage.html#comment-5043 Hey Lane, I found that in the DC area the seller subsidy is .75% worse. This is because ONLY DC discloses seller subsidy on the MLS. The Reason Redfin can't have as high seller subsidy is because of their rebate. Lenders combine the seller subsidy and rebates and don't allow that number to get too high. <b>HENCE having to adjust the offers accordingly to LOOK lower, when in fact the NET is NOT lower</b> Frank Hey Lane, I found that in the DC area the seller subsidy is .75% worse. This is because ONLY DC discloses seller subsidy on the MLS.

The Reason Redfin can’t have as high seller subsidy is because of their rebate. Lenders combine the seller subsidy and rebates and don’t allow that number to get too high.

HENCE having to adjust the offers accordingly to LOOK lower, when in fact the NET is NOT lower

Frank

]]> By: Lane Bailey http://blog.redfin.com/blog/2008/04/correcting_the_weighted_average_in_the_redfin_advantage.html/comment-page-1#comment-2965 Lane Bailey Fri, 25 Apr 2008 03:58:34 +0000 http://blog.redfin.com/blog/2008/04/correcting_the_weighted_average_in_the_redfin_advantage.html#comment-2965 Still wondering about seller paids... I average a about 3% in seller paids on my buyer transactions. (closing costs, etc.) Still wondering about seller paids… I average a about 3% in seller paids on my buyer transactions. (closing costs, etc.)

]]> By: Jeremy Miles http://blog.redfin.com/blog/2008/04/correcting_the_weighted_average_in_the_redfin_advantage.html/comment-page-1#comment-2963 Jeremy Miles Thu, 24 Apr 2008 21:17:21 +0000 http://blog.redfin.com/blog/2008/04/correcting_the_weighted_average_in_the_redfin_advantage.html#comment-2963 I meant to ask this in the previous post about this, but I forgot. When calculating the p-value associated with the difference, did you take into account the clustering (non-independence) of individual sales within agents? If you did, did that make a difference? I meant to ask this in the previous post about this, but I forgot. When calculating the p-value associated with the difference, did you take into account the clustering (non-independence) of individual sales within agents? If you did, did that make a difference?

]]> By: The Redfin Advantage: Bigger, Broader, Higher Statistical Confidence | Redfin Corporate Blog http://blog.redfin.com/blog/2008/04/correcting_the_weighted_average_in_the_redfin_advantage.html/comment-page-1#comment-2962 The Redfin Advantage: Bigger, Broader, Higher Statistical Confidence | Redfin Corporate Blog Thu, 24 Apr 2008 20:16:04 +0000 http://blog.redfin.com/blog/2008/04/correcting_the_weighted_average_in_the_redfin_advantage.html#comment-2962 [...] 24, 2008 addition: Redfin is correcting how it calculates the weighted average in the Redfin Advantage report. Greg Wharton, the general counsel at my last job, liked to answer questions enigmatically. When I [...] [...] 24, 2008 addition: Redfin is correcting how it calculates the weighted average in the Redfin Advantage report. Greg Wharton, the general counsel at my last job, liked to answer questions enigmatically. When I [...]

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