It’s widely agreed upon that the rise of tech-enabled brokerages are one of the major major trends to watch in the real estate industry. Namely, Redfin, Compass, eXp Realty, and NextHome. From an agent perspective, I’m trying to better understand how these new models differentiate from each other….

It’s no secret there is a consumer shift to faster transactions — on both the buy side and the sell side. Zillow Instant Offers (prior coverage here) and Redfin Now (prior coverage here) are both sell side initiatives I’m bullish on. FlyHomes is offering guaranteed closings on…

There’s a fantastic article on the topic of VOWs that Inman published last week. It’s written by David Kully, an antitrust partner for Holland & Knight LLP. Mr. Kully worked for 18 years at the Antitrust Division of the U.S. Department of Justice, where he played a central role…

I’ve written about Redfin before, most recently regarding their IPO and the IDX SEO issue. (disclosure: I own a small number of shares). I spent some time looking at their S-1, looking at their current product, and thinking through their future. They face a hard road strife with many…

There’s a proposal for NAR to change IDX policy to include a link back to a listing brokerage’s website within every IDX listing display. This has been suggested and supported by Redfin’s Glenn Kelman and WAV Group’s Victor Lund. References: Geekestate by Drew Meyers Notorious by…

Earlier this week, I saw Victor Lund’s post about Glenn Kelmans’s call for IDX policy revisions requiring link backs to the broker. My first reaction was: this is a brilliant initiative/strategy. For Redfin. Not for the industry. I planned to write a blog post. Then,…

Rob Hahn has some follow up thoughts on Redfin’s coming IPO as it relates to brokerages that I’d highly recommend reading (if you care about such things as the future of brokerages). A few of my own thoughts… 1. In Seattle, I’ve heard two primary things about…

After seemingly hearing the “when is Redfin going public?” question floating around industry conversations for years, it appears the answer is here. Now. In more ways than one. The real big news is not that they announced their IPO. It’s Now. As in Redfin Now, a competitor…

I am a firm believer that someone will create a great AVM that will rapidly replace human input into the valuation process. As we’ve seen with advances like self-driving cars, computers are better at assessing risks, reacting to local conditions, and, in many cases, making…

On the heals of the recent news by Surefield, another Seattle-based brokerage you have probably heard about – Redfin – announced their own Automed Home Price Estimates today. You can type in an address here, and you’ll end up on a property page such as…