Comments on: Big New Redfin.com is Loaded For Bear: Neighborhood Analytics, Mapped Favorites, Agent Transaction History http://blog.redfin.com/blog/2008/08/big_new_redfincom_is_loaded_for_bear_neighborhood_analytics_mapped_favorites_agent_transaction_history.html Redfin Corporate Blog Sun, 22 Nov 2009 20:09:04 -0800 http://wordpress.org/?v=2.8.1 hourly 1 By: The School of Redfin, Part III | 1000Watt Consulting http://blog.redfin.com/blog/2008/08/big_new_redfincom_is_loaded_for_bear_neighborhood_analytics_mapped_favorites_agent_transaction_history.html/comment-page-1#comment-5439 The School of Redfin, Part III | 1000Watt Consulting Tue, 24 Mar 2009 20:20:35 +0000 http://blog.redfin.com/blog/2008/08/big_new_redfincom_is_loaded_for_bear_neighborhood_analytics_mapped_favorites_agent_transaction_history.html#comment-5439 [...] week, the company released a significant update to its website. It is worth a close look. Redfin has used its access to MLS data to generate [...] [...] week, the company released a significant update to its website. It is worth a close look. Redfin has used its access to MLS data to generate [...]

]]> By: Glenn Kelman http://blog.redfin.com/blog/2008/08/big_new_redfincom_is_loaded_for_bear_neighborhood_analytics_mapped_favorites_agent_transaction_history.html/comment-page-1#comment-3729 Glenn Kelman Wed, 03 Sep 2008 18:53:49 +0000 http://blog.redfin.com/blog/2008/08/big_new_redfincom_is_loaded_for_bear_neighborhood_analytics_mapped_favorites_agent_transaction_history.html#comment-3729 It's just a flaw in our calculations Robert. We hope to correct it in a future release, but wanted to explain it in the current release. It’s just a flaw in our calculations Robert. We hope to correct it in a future release, but wanted to explain it in the current release.

]]> By: Robert McAbee http://blog.redfin.com/blog/2008/08/big_new_redfincom_is_loaded_for_bear_neighborhood_analytics_mapped_favorites_agent_transaction_history.html/comment-page-1#comment-3727 Robert McAbee Wed, 03 Sep 2008 18:27:56 +0000 http://blog.redfin.com/blog/2008/08/big_new_redfincom_is_loaded_for_bear_neighborhood_analytics_mapped_favorites_agent_transaction_history.html#comment-3727 In the statistics by neighborhood I noticed that on the per square feet calculations of home prices and even average home prices sold there is an asterix and the price a home was listed for when it was taken off the market is counted towards these statistics. I think it was obvious to everyone including Redfin that if the home would have sold at the list price, it wouldn't have been taken off the market, but by including it the statistics are then skewed as if this house had sold at this price. In a declining market including these homes taken off the market as part of the figures such as average house price or average per square feet brings into question the accuracy and usefullness of the statistics given. What was Redfin's logic in including these figures? In the statistics by neighborhood I noticed that on the per square feet calculations of home prices and even average home prices sold there is an asterix and the price a home was listed for when it was taken off the market is counted towards these statistics.

I think it was obvious to everyone including Redfin that if the home would have sold at the list price, it wouldn’t have been taken off the market, but by including it the statistics are then skewed as if this house had sold at this price. In a declining market including these homes taken off the market as part of the figures such as average house price or average per square feet brings into question the accuracy and usefullness of the statistics given.

What was Redfin’s logic in including these figures?

]]> By: Frank LL0SA- Broker FranklyRealty.com http://blog.redfin.com/blog/2008/08/big_new_redfincom_is_loaded_for_bear_neighborhood_analytics_mapped_favorites_agent_transaction_history.html/comment-page-1#comment-3630 Frank LL0SA- Broker FranklyRealty.com Mon, 01 Sep 2008 07:04:58 +0000 http://blog.redfin.com/blog/2008/08/big_new_redfincom_is_loaded_for_bear_neighborhood_analytics_mapped_favorites_agent_transaction_history.html#comment-3630 Hey Tom, I see you are a DC Long and Foster agent. Did you know that most (if not all) of the DC office is made up of former Long and Foster agents? I've met them, and they are very sharp. I recently had a bidding war on a listing, and the best written (cleanest) offer was from a Redfin agent. As for what you heard, my guess is it came from actual agents, not from actual buyers. Probably from the same agents that say blogging is too impersonal. Frank Broker blog.FranklyRealty.com Hey Tom,
I see you are a DC Long and Foster agent.

Did you know that most (if not all) of the DC office is made up of former Long and Foster agents?

I’ve met them, and they are very sharp. I recently had a bidding war on a listing, and the best written (cleanest) offer was from a Redfin agent.

As for what you heard, my guess is it came from actual agents, not from actual buyers.

Probably from the same agents that say blogging is too impersonal.

Frank
Broker blog.FranklyRealty.com

]]> By: Is the Rain Symbolic of the Real Estate Market? | Redfin Seattle Sweet Digs http://blog.redfin.com/blog/2008/08/big_new_redfincom_is_loaded_for_bear_neighborhood_analytics_mapped_favorites_agent_transaction_history.html/comment-page-1#comment-3574 Is the Rain Symbolic of the Real Estate Market? | Redfin Seattle Sweet Digs Thu, 21 Aug 2008 20:58:37 +0000 http://blog.redfin.com/blog/2008/08/big_new_redfincom_is_loaded_for_bear_neighborhood_analytics_mapped_favorites_agent_transaction_history.html#comment-3574 [...] sending the kids to private school. Adam Wiener, one of our lead Product Managers, showed off our new site and said people loved sorting and mapping Favorites, and wanted more pricing [...] [...] sending the kids to private school. Adam Wiener, one of our lead Product Managers, showed off our new site and said people loved sorting and mapping Favorites, and wanted more pricing [...]

]]> By: Glenn Kelman http://blog.redfin.com/blog/2008/08/big_new_redfincom_is_loaded_for_bear_neighborhood_analytics_mapped_favorites_agent_transaction_history.html/comment-page-1#comment-3565 Glenn Kelman Tue, 19 Aug 2008 17:55:18 +0000 http://blog.redfin.com/blog/2008/08/big_new_redfincom_is_loaded_for_bear_neighborhood_analytics_mapped_favorites_agent_transaction_history.html#comment-3565 Hey Tom, This has been the complaint of traditional Realtors like yourself, and I think there is merit to it. Some clients are more comfortable working online, some are more comfortable working with a person. We've tried to sort the balance between the two, focusing our personal attention on home tours and offer consultation, but leaving the initial phase of research (deciding where to live, searching for listings in that area) up to the consumer. It's not for everyone, but many folks, especially younger folks, prefer it. Regards, Glenn Hey Tom,
This has been the complaint of traditional Realtors like yourself, and I think there is merit to it.

Some clients are more comfortable working online, some are more comfortable working with a person.

We’ve tried to sort the balance between the two, focusing our personal attention on home tours and offer consultation, but leaving the initial phase of research (deciding where to live, searching for listings in that area) up to the consumer.

It’s not for everyone, but many folks, especially younger folks, prefer it.
Regards, Glenn

]]> By: Tom Gretz http://blog.redfin.com/blog/2008/08/big_new_redfincom_is_loaded_for_bear_neighborhood_analytics_mapped_favorites_agent_transaction_history.html/comment-page-1#comment-3564 Tom Gretz Tue, 19 Aug 2008 17:02:02 +0000 http://blog.redfin.com/blog/2008/08/big_new_redfincom_is_loaded_for_bear_neighborhood_analytics_mapped_favorites_agent_transaction_history.html#comment-3564 I have heard rumors that Redfin is too mechanical. A past client of mine complained that they did not get a personal touch.They claim that Redfin does not provide the personal knowledge of area info and proposed developments. Do you guys have any plans of personalizing the experience to mirror that of a more traditional Realtor? I have heard rumors that Redfin is too mechanical. A past client of mine complained that they did not get a personal touch.They claim that Redfin does not provide the personal knowledge of area info and proposed developments. Do you guys have any plans of personalizing the experience to mirror that of a more traditional Realtor?

]]> By: Opening up the Zillow API to Allow Sites in the API Network to Access Homes for Sale | Zillow® Blog http://blog.redfin.com/blog/2008/08/big_new_redfincom_is_loaded_for_bear_neighborhood_analytics_mapped_favorites_agent_transaction_history.html/comment-page-1#comment-3561 Opening up the Zillow API to Allow Sites in the API Network to Access Homes for Sale | Zillow® Blog Tue, 19 Aug 2008 12:00:43 +0000 http://blog.redfin.com/blog/2008/08/big_new_redfincom_is_loaded_for_bear_neighborhood_analytics_mapped_favorites_agent_transaction_history.html#comment-3561 [...] into their listing search functionality. We’re happy to have Redfin as an early adopter (Redfin blog post) of FSBO listings in the markets it covers. Here’s an example of a FSBO listing from Zillow [...] [...] into their listing search functionality. We’re happy to have Redfin as an early adopter (Redfin blog post) of FSBO listings in the markets it covers. Here’s an example of a FSBO listing from Zillow [...]

]]> By: It’s New. It’s Improved. It’s Redfin’s New Housing Inventory & Pricing Tools. And More… | Redfin Orange County Sweet Digs http://blog.redfin.com/blog/2008/08/big_new_redfincom_is_loaded_for_bear_neighborhood_analytics_mapped_favorites_agent_transaction_history.html/comment-page-1#comment-3557 It’s New. It’s Improved. It’s Redfin’s New Housing Inventory & Pricing Tools. And More… | Redfin Orange County Sweet Digs Tue, 19 Aug 2008 03:35:55 +0000 http://blog.redfin.com/blog/2008/08/big_new_redfincom_is_loaded_for_bear_neighborhood_analytics_mapped_favorites_agent_transaction_history.html#comment-3557 [...] for example, new ways to manage your favorite listings. For more information on these tools, see CEO Glenn Kelman’s post or Sheila’s [...] [...] for example, new ways to manage your favorite listings. For more information on these tools, see CEO Glenn Kelman’s post or Sheila’s [...]

]]> By: “I Think I Just Had a Nerdgasm” | Redfin Corporate Blog http://blog.redfin.com/blog/2008/08/big_new_redfincom_is_loaded_for_bear_neighborhood_analytics_mapped_favorites_agent_transaction_history.html/comment-page-1#comment-3546 “I Think I Just Had a Nerdgasm” | Redfin Corporate Blog Fri, 15 Aug 2008 18:48:21 +0000 http://blog.redfin.com/blog/2008/08/big_new_redfincom_is_loaded_for_bear_neighborhood_analytics_mapped_favorites_agent_transaction_history.html#comment-3546 [...] new neighborhoods release inspired all sorts of reactions. Many, like The Tim on SeattleBubbleBlog, lauded the new release as [...] [...] new neighborhoods release inspired all sorts of reactions. Many, like The Tim on SeattleBubbleBlog, lauded the new release as [...]

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