August 13, 2008

Everything Changes

You might have noticed that the Redfin search page is sporting a new look this week.

Back in December, the CEO of Redfin Glenn Kelman had a chat with Today Show’s Meredith Viera and talked about how Redfin’s approach to the science of real estate. (Click here to see video)

TodayShow Everything Changes Photo Courtesy of MSN.com

The spirit of the “science of real estate” really drove the folks at the headquarters (we bloggers are independent contractors able to write about whatever, whenever really) to continue using a data driven, scientific approach for Redfin users as the latest changes were launched.

Kelman explains the new changes the changes here. Definitely check it out to maximize your researching effectiveness.

What I love:
-Numbers, Charts & Pictures, Oh My! There’s enough data here to answer almost any question. The charts and layout really help simplify the information I’m looking at. Not to mention all the information I ever asked when searching for homes about the local area is at my finger tips.

-The Big Picture Often when doing research on single homes it’s hard to get a read on the big picture. We get so wrapped up in looking at one house we are interested we forget to check out the rest of the town/neighborhood/city. Now we can get the big picture to compare to our little/not-so-little house we’re scoping out.

-Breaking It Down Finally the numbers are broken down to separate condos from single family homes! This makes the data we get much better and more accurate!

-The Layout The handy dandy toolbar at the top of the page (see picture below) is super user friendly. In fact, I think a lot of the page is incredibly user friendly and I don’t have to refresh my page or hit the “back” button to look at another data set.

toolbar3 Everything Changes

What I Don’t So Much Love
-Address Search For as long as I’ve searched Redfin using an address I only get a hit about half of the time. I often end up searching for a specific address by looking it up on a Google map and then manually searching the Redfin map.

-Street Search I can’t just type in a street name and pull up the listings. Sometimes I’ll drive by a house and forget to write down the address and get home and have to once again manually drag through the maps rather than being able to type in “Mendocino Ct. Laguna Hills” and get the listings on that road.

Overall, the the new system is great and offers up a ton of help to the data-driven junkie like myself. Anyone else have thoughts on the new system?


Comments (12)

Tom said:

Wow, I think I just had a nerdgasm. The sold vs. listing stats are very cool.

HB said:

Do townhomes fall under the condos or homes category?

Sheila said:

Tom – It is a pretty sweet setup. And HB, townhomes fall under condos since they aren’t single family residences.

Glad to see you’re all checking it out!

Goyer said:

Hi Shelia,

Please email me (matt.goyer@redfin.com) the addresses that you can’t find on Redfin and we’ll get that fixed!

As for search by street name, yeah, that’s something we need to do. Probably in two releases from now.

HB said:

Thanks Sheila for the info.
I love the new statistics and info.
Two more things, if possible, I’d like to see sometime is the number of houses that go into escrow, (changed to backup offers, etc..), and then fall through.
Two..when a listing is pulled off the market and thrown right back on as a “new listing”. Perhaps a “previous listing” of it with the old MLS number would be nice.
Ok, just wishful thinking. I really do appreciate the new stats and graphs!
HB

HB said:

Let me clarify my second wish..what I’d like to see is the truthful total days on the market, not the games some realtors play.

Sheila said:

HB – If you noticed from an earlier comment, the Redfin tech team is always lookin for feedback monitors this so I am sure they will see this. I will also send this link to the tech team and let them know!!

The Benefits of Buying and Holding | Redfin Orange County Sweet Digs said:

[...] Redfin posts: Everything Changes Where Everyone Wants to Feel at Home:  In the Bathroom! A Final Review of the Housing [...]

Glenn Kelman said:

We are definitely working on cumulative days on market HB!
Regards, Glenn

Glenn Kelman
CEO, Redfin

“I Think I Just Had a Nerdgasm” | Redfin Corporate Blog said:

[...] Some, such as Alex Coon after studying the price-reductions data for Boston’s South End, waxed poetic: “Like Icarus, the South End seems to have flown too close to the sun…” Others had a more visceral reaction: “Wow, I think I just had a nerdgasm.” [...]

HB said:

thanks Glenn,
You guys rock!

It’s New. It’s Improved. It’s Redfin’s New Housing Inventory & Pricing Tools. And More… | Redfin Orange County Sweet Digs said:

[...] Other new tools are also available in this latest release of Redfin’s website, for example, new ways to manage your favorite listings. For more information on these tools, see CEO Glenn Kelman’s post or Sheila’s post. [...]

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