discount brokerage: Redfin: Born a Discounter but always knew they were a Traditional - 04/08/08 08:10 AM

Today Redfin announced that they will offer a higher level of buyers service called Redfin Select to a limited number of clients, and for those clients they will be reducing the commission rebate offered.
I hate to see Redfin move their business model away from the edge.  The edge is cool, daring, and exciting.  They sought to revolution the real estate industry. Their first vision had panache; "no buyers agents", schedule your own showings, drive yourself, and because you are not using a buyer's agent you save a bunch of money.  
Redfin Launches Industry's First Online Home-Buying Service:    February 6th 2006
"Unlike traditional … (17 comments)

discount brokerage: Trading Down - 06/19/07 05:22 AM
Just came across a great post by Marc Davison on his 1000watt blog, that asks why is it that at a time when American consumers are buying more and more luxury products at premium prices, the real estate brokerage innovations are all happening in the discount arena.  … (4 comments)