The MLSPIN shows Redfin has one office located in Somerville, MA, a town a little northwest of Boston. Redfin’s transactions are statewide, but mostly in eastern and central Massachusetts.
There are 46 agents associated with Redfin. Most of these agents are what Redfin calls “field agents,” who actually show buyers homes. The offers and transactions are handled by just a few agents – the team leaders if you will.
In the past 12 months Redfin had 438 transactions where Redfin was the Listing Office or the Selling Office. Of these 281 are single family homes, 141 are condos, and 16 are multi-family homes.
Then we did two separate searches: one for Listing Office and one for Selling Office. The results were: Buyers 420 transactions, and Sellers 20 transactions. The two “extra” transactions came from 2 transactions where Redfin was both the Listing Office and the Selling Office. Redfin currently has 14 active listings.
As we were using Redfin’s Scouting Report Redfin would show the photo and number of transactions for a couple of their office agents at the top of the search results screen. One of those agents was Hannah Driscoll.
Redfin shows her as having 37 transactions in the last 12 months. We looked up her transactions on MLSPIN, and found 32 as Selling Agent, and 2 as Listing Agent. So, Redfin shows 3 more transactions than MLSPIN.
We don’t know what to make of this. Is it MLSPIN or Redfin or a combination of the two and the IDX that is the cause of this discrepancy ? Try it for yourself with your MLS.