After watching the innacurate 60 Minutes segment regarding real estate I decided to take a look at Redfin.
As far as I'm concerned they are just using a different business model than some of the rest of us and that's okay. However, what I've discovered on Redfin's website is not okay.
Redfin has created a Blog, check it out: http://seattle.redfin.com/blog On this Blog Redfin takes another brokers listings and makes comments about it. In other words, they are taking our listings, marketing them on the internet and at times not making very nice comments. Some of the comments are very sarcastic as an example check this blog: http://seattle.redfin.com/blog/2007/05/wallingford_price_cut_why_both.html
This type of marketing is not okay! It takes others listings and markets them on their website and/or they are publishing negative information about other brokers listings. Either way this needs to be stopped.
Just like any other business, I don't mind if Redfin wants to get in the sandbox and play as long as Redfin plays by the same rules everybody else plays by.
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