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Redfin - Glenn Kelman Interview...What did you think?

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Real Estate Agent with HER Realtors

Redfin - Glenn Kelman Interview  - What did you think?

Interview with Glenn Kelman Redfin

I thought it was EXCELLENT  then again Redfin is NOT in my market and I was trying to do about three things at the same time... was it recorded?

Did you listen?

Did ActiveRain give him a platform he does not deserve?

Glenn Kelman was not a big warm fuzzy teddy bear or anything like that but I think he did a decent job of answering concerns.


 

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Comments (9)

Ron Marshall
Marshall Enterprises - Saint Michael, MN
Birdhouse Builder Extraordinaire

I had sent the notice to a couple of realtors.  I hope that they attended.  It sounded as if Kerrie was going to give him some tough questions to answer.

Oct 17, 2011 06:36 AM
Maureen McCabe
HER Realtors - Columbus, OH
Columbus Ohio Real Estate

Niki had to step in as Bob Stewart was supposed to be the interviewer and could not. 

Oct 17, 2011 06:50 AM
Rebecca Melancon
RAM Arts Photography - Lake Charles, LA

I missed it but I was hoping there would be a transcript at least of it.

Oct 17, 2011 06:52 AM
Nikesh Parekh
Suplari, Inc. - Seattle, WA
Technology Entrepreneur, Executive, & Investor

Interesting coverage in the Seattle tech blog pitting Zillow & Trulia vs Redfin and the real estate industry:

http://www.geekwire.com/2011/redfin-ceo-glenn-kelman-sounds-warning-bell-moneyhungry-media-sites

Oct 17, 2011 07:47 AM
Judith Sinnard
SMARTePLANS; Houston, Texas - Houston, TX
The SMARTePLAN Lady

I thought it was good. I don't recall he dodged any questions ... I do think if he had been furnished in advance with questions that may have been better (that was SOP in my industry for scheduled interviews and allowed for tougher questions and more insightful answers IMHO).  I was surprised to hear him characterize Redfin as a champion of the industry ... looking out for its best interests; that is (generally) not a characterization I've seen applied to Redfin before, so I found that interesting. I thought he did an adequate job describing the business model .. the upsides, the downsides and a peek at where they are headed.  Thanks for asking.

Oct 17, 2011 08:42 AM
Maureen McCabe
HER Realtors - Columbus, OH
Columbus Ohio Real Estate

Rebecca  I hope they made a recording. 

Niki I thought "money hungry media sites"  was an interesting "take" on the situation.  I have not had a chance to go look at the post yet.

Thanks for asking my question. I forgot you had gathered all the questions and asked that as a reflex to something he said.  I think of Redfin refunding / rebating being something we should NOT have to worry about in affordable markets but something he said spurred my question.

Judith I wondered what Carla and some of the other AR members thought of the characterization "of Redfin as a champion of the industry ... looking out for its best interests" was an interesting way of looking at it.  Couldn't you expect more spin with

"if he had been furnished in advance with questions that may have been better (that was SOP in my industry for scheduled interviews and allowed for tougher questions and more insightful answers IMHO."



Oct 17, 2011 09:30 AM
Judith Sinnard
SMARTePLANS; Houston, Texas - Houston, TX
The SMARTePLAN Lady

Hi Maureen.. re: more spin/less spin with furnished questions?  Not if you have a good interviewer who remains in control of the interview process .. we usually got a better quality of information with less spin and less weasel-room because they KNEW what the talking points were in advance. My industry was chemicals and catalysis and involved government inquiries, EPA stuff, etc. so their feet were held to the fire (so-to-speak) about being CORRECT and disseminating factual information and not making it an advertorial about themselves, their company, and their product.  Again, the interviewer's expertise is key. All in all I did appreciate the opportunity to listen to him ... he could've easily dodged out and not agreed to the interview.  

Oct 17, 2011 09:52 AM
Nikesh Parekh
Suplari, Inc. - Seattle, WA
Technology Entrepreneur, Executive, & Investor

I also thought the characterization of Redfin as a partner or champion of the real estate industry was interesting vs. the position that Zillow, Trulia AND Redfin are all part of the problem.

I DOUBT any real estate brokers will align with Redfin.  Unfortunately, unless someone takes leadership, be it NAR, Realtor.com, the MLS, a broker, or Redfin, Zillow and Trulia will continue to dominate just because they have companies 100% focused on real estate technology and media.

Ardell commented that a Public MLS is the way to go.  Unfortunately, I think a public MLS will fail as no one company or broker really benefits or has incentive to make a public MLS wildly successful, though everyone would be better off.  Tragedy of the Commons perhaps

Oct 17, 2011 09:54 AM
Judith Sinnard
SMARTePLANS; Houston, Texas - Houston, TX
The SMARTePLAN Lady

I thought NAR was (attempting to) take leadership .. wasn't that all the brou-ha-ha about the development of Realtor's Property Resource? Once operational they are rumored to then CONTROL the data and turn off the feeds to non-NAR parties? .. that they realized they were (way) slow on the uptake about migrating onto the internet and their very ineffectiveness and paralysis created the climate for these "others" to put their systems online and begin to flourish?  Any of this sound familiar?  Personally, I'm watching Google .. they've made noises about being "in" real estate before and then backed away at least twice now? (particularly when YAHOO got in?)  I think they are watching how this plays out and like them or not, you have to admit Redfin makes an interesting player. The question remains will they emerge as a principal, or a "spoiler"?  Interesting discussion you guys ... thanks.

Oct 17, 2011 10:24 AM