|
| |
Redfin Redux - 05/28/08 05:56 AM
By the way, I'm not picking on Redfin. If you Google "rebate" and "real estate" you get about 495,000 hits. There are a lot of firms and agents out there on the rebate bandwagon.
After my last post, I got a bunch of replies from supporters of rebate models. I would like to comment on these comments.
1. There is a common assumption that the sale price is driven by the commission. For example, if a seller is asking $100,000 and paying a three percent commission, the price would sort of be automatically reduced to, say, $98,000 if the commission were … (10 comments)
|
Out to Get Redfin? - 05/27/08 09:43 PM
I was following a lively question and answer set on a Redfin forum when someone in the discussion (a Redfin representative?) accused other party (sounded like a consumer) of being "out to get Redfin." The consumer was arguing that Redfin's offer of "2 percent back" to the buyer is false advertising since Redfin's policy is to rebate the buyer 2/3 of the commission they receive, whatever it is.
While I sympathize with the consumer in this discussion, is it just me, or is the focus on the wrong issue? Doesn't anybody but me have a problem with the term "refund" being used to describe the seller's … (5 comments)
|
|
|
|
Kathy Vaughan
Annandale,
VA
More about me…
Ryan Taylor Homes
Address: 7700 Little River Tpke, #601, Annandale, VA, 22003
Office Phone: (800) 540-3579
Cell Phone: (703) 472-7753
Email Me
 Links
Archives
|
|
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
© 2012 ActiveRain Corp. All Rights Reserved
;)
;)