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Tag Archives: redfin

Tag Archives: redfin

Public MLS Real Estate Sales Statistics – A Model For Real Transparency

by Sam DeBord on 5:50 pm October 6, 2011

Public MLS Statistics

After the latest attempt at publishing MLS sales statistics for real estate agents in a public forum went down in an inglorious blaze, many people inside and outside the industry are still interested in the possibility of a second try.  It may be an outside 3rd party that creates such a service, but I’d be more inclined to believe that a push from within the industry would lead to the creation of a more comprehensive database.  That may or may not happen, but it makes sense to … Read More »

Redfin Pulls the Plug on Scouting Report

by Drew Meyers on 5:00 pm October 4, 2011

WOW. Redfin just pulled the plug on their VERY talked about Scouting Report feature just 5 days after releasing it to the world. Why did they take it down? According to their CEO Glenn Kelman: The basic problem is that the data wasn’t accurate, first because of bugs then ultimately because of problems with the source data in MLSs. I have to admit, I wasn’t expecting they’d take the whole thing down. I thought they’d iterate, change the interface a bit, fix some data challenges, … Read More »

VC Money, Startup Technology, and Real Estate: Does Hubris Trump Ethics?

by Sam DeBord on 4:18 pm

Real Estate VC Money, Startup Technology, Hubris and Ethics

The real estate industry, slow to adapt to new technology, has been experiencing growing pains from outside startup technology companies pushing the boundaries of its comfortable digs.  The latest flavor of dust-up was well-documented by Drew Meyers of Geek Estate.  Redfin’s Agent Scouting Reports change the nature of how formerly-private sales statistics are displayed in a public forum. While most of the discussion has centered on the vast inaccuracies of the reports, the lack of adherence to MLS membership rules, and the lack of transparency in … Read More »

Once Again, It Is the Outsiders Innovating

by Drew Meyers on 5:45 pm September 30, 2011

Yup, it’s happened again. Outsiders have out innovated real estate industry insiders. This time it is Redfin’s Agent Scouting Report. Any agent’s entire sale history analyzed and overlaid out on a map. Brilliant. For an example, take a look at Kris Berg‘s scouting report. I picked Kris because I’ve known her for years and know (hope) she won’t get mad. Brian Boero at 1000Watt and Jay Thompson have already written about the announcement, and there are some great conversions in the comments — so I urge … Read More »

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