Last June Redfin received $500M of investors money and the latest November 2016 reports praise Redfin for it's listing and agent innovations and how Redfin, like Trulia and Zillow, is also running at a loss.
Excuse me, but $500 MILLION? ..and you guys are LOSING MONEY?
How is this possible?
Perhaps it is becuase none of you geniuses really understand Real Estate.
You think?
Well here is a reality check investors, of why your 500 Mill is being flushed down the drain.
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