Guest post by Greg Whelan, Redfin Agent serving Chicago’s Near North Side Deciding It Was Time to Buy After helping more than two hundred people buy and sell homes during my last decade as a real estate professional, I decided last spring that it was time to become a homeowner myself. I had been quite… Read More
Redfin real estate analyst Tim Ellis just collected information from offers that Redfin agents have prepared since January 1, 2012, to gauge just how often our customers are bidding on listings that have competing offers. In major California markets, more than half of our offers faced competition. Here are the Redfin markets where competition is… Read More
If you’ve bothered reading the real estate section of just about any newspaper or website, you’ve probably seen more bottom calls than you can count from various real estate professionals since the housing market totally fell apart in 2008. So let’s be up front here. Yes, we are a real estate brokerage. We make our… Read More
Big news! Today, Redfin is launching a major expansion to our charter as a technology-powered real estate broker: Redfin Open Book, a local reviews site for lenders, inspectors and title companies. Later this spring, we’ll add the stagers, landscapers and handymen used by sellers to get their home on the market. Our goal is to ensure… Read More
Redfin has hired Tom Vogl as our chief marketing officer. It once seemed hard to ask a total stranger to be the ambassador for Redfin’s brand: of the ten people now on our management team, only one prior to Tom hadn’t been promoted from within Redfin. But almost immediately, we began to feel that Tom… Read More
There has been plenty of talk lately, from Phil Sugar and Ben Horowitz and from me too, about how you have to be a different leader at different stages of a company’s growth. This is almost entirely true. But a tiny, important part of it is a crock. What I notice about the greatest companies,… Read More
Redfin is proud to launch today a massive upgrade to its service, designed to ensure that each Redfin customer has a one-on-one relationship with his agent. The Redfin agent who works with you throughout the touring and negotiating process now meets you from day one, sees with his own eyes the home you’re buying or… Read More
Redfin is now the top-rated real estate application on every major mobile device. This is an objective fact for Android, where Redfin stands clearly above the competition and it is true for iPhone and iPad too, where Redfin’s cumulative rating is higher than any other application’s. Cumulative Scores iPhone only iPad Only iPhone & iPad… Read More
A surprising number of U.S. listings – about 1 in 10 — are sold by a real estate agent who also represents the buyer. How, we wondered, does this work out for the seller who originally hired the real estate agent? Dual Agency Costs the Seller $4,789 On Average To answer that question, Redfin’s real… Read More
Only six month months ago, we compared photos of a home before & after foreclosure. Here are the shiny SUV, the boat, the second car, the crazy topiary, the pink flamingo, the Virgin Mary statue, circa 2008: And here is how bare it looked like summer: Now after an investor bought the house just six… Read More