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60 Minutes: Redfin Client Saves $27,000 vs FranklyRealty.com Client Saves $152,000!
Last night 3 people texted me (or would that be "text me") saying "Turn on 60 minutes," yet I missed it!
I then checked out YouTube. Found nothing. Then I turned to Active Rain and wholla! Members only can watch it here: 60 Minutes on Redfin
America was lured in by the 20 year long story rebirthed as "Attack on the 6% Realtors" and comments about "saving thousands."
I'm pretty sure that when America watched it, they will miss some major points. Normally I'm not a fan of NAR, but I did agree with most of their comebacks (click for their response). 
I have written extensively on my bias opinion on the pros and cons of rebating and discounting including:
Realtor Rebates. Free Money or Expensive Savings?Go FSBO! Save $20,000! Realtor Tells All!!Anyhow, I would like to focus on the "savings" comment put forth by 60 Minutes' case study. 
"WE SAVED $27,000"* After they were done laughing and giggling about how they saved $27,000 and how they could spend it on their wedding, they made an under-the-breathe comment that they sold their place for "$10,000 under what Redfin recommended that we list it for." 
In this comment I see two things to question:
1) $10,000 Under ... more

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