From comments at Rain City Guide. I didn’t address this weblog entry from Redfin.com CEO and broker Glenn Kelman because I wasn’t sure how to strike a balance. But today, Dustin Luther offered this: For those that haven’t seen Glenn’s comments on his blog, I highly recommend heading over to this post. In case it […]
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Taking on the New York Times’ fawning coverage of Redfin.com, Jim Kimmons at Transforming Real Estate details the details behind the cooperation/compensation model of real estate brokerage: The contention that the listing agent should be pleased to show an “eager buyer” the home when they come with no agent is just not going to function […]
Glenn Kelman, chief executive and broker of Redfin.com, posted a comment to one of my entries about that company. I replied to him there, but I’m posting the exchange here, as well, frankly because I consider it Big News. Here is Mr. Kelman’s remark: Thanks for this thoughtful comment Greg. Many Redfin customers decide to […]
Of the two “innovative” cowbird brokerages discussed in this morning’s New York Times, the stronger of the two is BuySideInc.com. They’re rebating even more of the buyer’s agent’s commission than is Redfin.com, but their actual profit center is in originating the loan — a well-understood, fast, cheap, office-job function. Even this is not without complicating […]
If the New York Times devotes 2700 words to a puff piece on Redfin.com, how many of those words would you expect represent the contrary point of view? If you said 1,350, to reflect the chimerical idea of balance, you haven’t spent much time reading the New York Times. If you said zero, you spend […]
Founder David Eraker to Leave Redfin. It certainly couldn’t be because he was acting too much like a hard-headed real estate broker… Technorati Tags: blogging, disintermediation, dual agency, real estate, real estate marketing
“I like the vet. He knows how to play rough.”I go to a free-market doctor: Cash-and-carry is the ideal, but if you want to get your insurance company involved, you’ll be doing all the paperwork. He has zero employees, an out-of-the-way office and a shrine to Charleton Heston in the waiting room. That would be health […]
“Blah. Blah. Blah. The Kiddie Table is where all the dropped-food action is.”Miss Chioux is with us for Thanksgiving, a very special treat, and I don’t feel much like hectoring the world this morning. Instead, I will send you to one of my favorite essays: “How to fight with your relatives over the Thanksgiving Dinner table.” […]
“What do you call a dog who is good at guile? The Imaginary Dog.”Much of my speech is ironical. I am a poet, to begin with, and I hate to bore my own ears. And I am a Swann boy, raised into a rapid-fire verbal wit: Homophones, definition-swaps, non sequiturs – work it and work with […]
“Sadly, naps are blank pages in a journal that should be bursting with adventures.”Another day, another stupid dog study: “Everyday household noise stresses dogs out.” Is that true? Your dog can’t snooze through the vacuum cleaner or the dishwasher? Every new thing is a dragon to your dog – and to your toddler – but toothless […]
“I’ll say this for people: No dog defends another dog’s food.”What will remain of the iBuyers, once the market turns? As noted long ago, iBuying as such is a very stupid idea. A flipper came up with it, and it may be that he didn’t really even get the math of flipping, he just started at […]
“Do homeless dogs play in the rain?”So: We are all Colorado cake-bakers now. Who didn’t see this coming? In other news: Eugene Volokh: Realtors Group Hearing “Hate Speech” “Ethics Complaint” Against Pastor-Realtor. Geekwire: Redfin CEO explains how its iBuyer home buying program avoided pitfalls that sunk Zillow Group. Totally not whistling past the graveyard.
“Dogs and horses are so much alike that it’s easy to forget how they relate to each other when the grub runs thin.”Who didn’t see this coming? Netflix caved. Since George Floyd got sober, I’ve been predicting the advent of the new power center in all corporations, the Chief Grievances Officer. Yesterday, the CGO became de […]
“There is more to making excuses for an untrained puppy than just the excuse-making.”It would be stupid to speak of Practical Anarchism and rules, so let’s settle for an axiom instead: Do what you want. No one will stop you. Ask me how I know. If what you want is to hurt people, you can get […]
“Children who read slowly can be schooled to do better. Dogs who eat slowly have a hard way to go.”Inside my head, I have never felt myself to be a day over nineteen years old, but in fact I am a walking antique. In consequence, I can see everything that has gone wrong with education since […]