Remember my Breaking News Post about Re/Max & Redfin....

By
Real Estate Agent with Berkshire Hathaway HomeServices 01238708
https://activerain.com/droplet/5jlH

Remember my  Breaking News Post about  Re/Max & Redfin?? it was not that long ago there were a few who thought I was incorrect in my observations and summation of the events..... well in case you missed that post here is a link to it  Breaking News Re/Max and Redfin .....

 

Well I had to smile as I read today's  RISMedia Breaking News Post   Re/Max and Redfin terminate.... basically  if you do not want to read the two posts mine above in the first paragraph and RISMedia's article here in this paragraph. The Summary is that Re/Max realized that Redfin is not good for the consumer, ie.: the buyers as well as the sellers.

Well when they announced in March of this year this partnership I said it was not a good idea to partner with an organization that is not looking out for the interest of Realtors nor the interest of the consumer.

 

www.endrebarath.om

 

I am thrill that  the Leadership at Re/Max came to their senses. On the other hand I have to ponder, I saw it as a bad deal when it was announced in March, why could the powers to be at that organization see what I saw? Why did it take them almost sixty days to figure it out? Well here is their official announcement:

 

“Given Redfin’s recent announcement regarding a program that would encourage buyers not to use agents on listings where the seller is represented by Redfin, we cannot continue with an official, corporate-level relationship at this time. We have begun the process of dissolving our exclusive referral agreement with them beginning today.”

 

Anyway if you are looking for a Realtor  in the Greater Los Angeles area,who is always looking out for the best interest of buyers and sellers, please reach out to me directly. Here you will get straight, honest and unfiltered good advice instead of double talk!

If you are looking for a knowledgeable, focused and goal-oriented Realtor in the Beverly Hills area who will help you achieve your Real Estate goals, please reach out to me directly!

If you are looking for a pet friendly Beverly Hills Realtor who can handle and sell the most difficult properties that no one else could, please reach out to me directly!! If you are considering buying or selling a home, a luxury home, luxury investment real estate, luxury vacation homes, or luxury beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Marina Del Rey, Venice or Malibu, feel free to contact me at 310.486.1002 (m) or homes@endrebarath.com or visit one of my websites at https://www.endrebarath.com  I contribute a portion of my commission to local animal rescue organizations.

 

 

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Rainer
10,513
Bruce Turman
RE/MAX Southern Shores - North Myrtle Beach, SC

Funny to see this happening,  I and a few others in our office thought this was a bad move from the beginning....Of course we were going to give it the benifit of the doubt, but..............

May 16, 2019 05:32 AM #62
Rainmaker
3,034,985
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Endre, you nailed it, I was wondering about it in the first place but glad that remax cancel the deal.

 

May 16, 2019 07:54 AM #63
Rainmaker
461,552
Sondra Meyer:
Star View Real Estate - Colorado Springs, CO
See It. Experience It. Live It.

With some things, you can only scratch your head...  There is no rational way of explaining what may have happened or what people were hoping would happen.   

Yet, I must agree that it was probably a very wise decision for RE/MAX to decide to cancel their agreement.  

 

The changes in the industry are certainly thought provoking.  Of course, we all want to do our serve our clients needs to the best of our ablity.  

May 16, 2019 12:53 PM #64
Rainmaker
391,025
John Wiley
Right Move Real Estate Group- EXP Realty - Fort Myers, FL
Lee County, FL, ECO Broker, GRI, SRES,GREEN,PSA

All decisions for the real estate agent/Broker, should always be: what is best for the consumer.

Glad they got that sorted out.

May 16, 2019 04:09 PM #65
Ambassador
1,895,650
Hannah Williams
Re/Max Eastern inc. - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-953-8818

Read # 8 weltanschauung-  

  1. We believe in spirited discourse, but personal attacks or predatory behavior will not be tolerated. Respect and civility are the shared values that unite us all.
May 16, 2019 05:07 PM #66
Rainmaker
3,146,420
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Debra Leisek  you make some great points and I agree with you.

May 16, 2019 05:20 PM #67
Rainmaker
3,146,420
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Bruce Turman  yes there were many  other Re/Max friends of mine who were scratching their head on this one....Endre

May 16, 2019 05:21 PM #68
Rainmaker
3,146,420
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Will Hamm  indeed you wonder what were they thinking? Endre

May 16, 2019 05:22 PM #69
Rainmaker
3,146,420
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Sondra Meyer:  loved your comment, Endre

May 16, 2019 05:22 PM #70
Rainmaker
3,146,420
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

John Wiley  my sentiments exactly, Endre

May 16, 2019 05:23 PM #71
Rainmaker
3,146,420
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Hannah Williams  what is your point if I may ask and who is it addressed to and reference to what comment? Endre

May 16, 2019 05:24 PM #72
Ambassador
1,895,650
Hannah Williams
Re/Max Eastern inc. - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-953-8818

It is addressed to you Endre Barath, Jr. you seem to be continually be attacking the ethics of the franchise I work for and it upsets me it is not something I take likely. I would never criticize another company or broker member here in Active Rain for their real estate practices. I am here to learn and share. You know you are one of my favorite people here in the Rain and this really surprises and hurts me. 

May 16, 2019 05:39 PM #73
Rainmaker
3,146,420
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Well Hannah Williams I am sorry you feel that way, I was not questioning the ethics of your franchise I was questioning the Decission by the Leadership of your Franchise and  there was no personal attack if you read any of the comments including mine none what so ever.  Clearly it falls into a spirited discourse that you and I will not agree on. Endre

May 16, 2019 05:46 PM #74
Ambassador
1,895,650
Hannah Williams
Re/Max Eastern inc. - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-953-8818

Endre Barath, Jr. As I said I would never put my two cents into the structure of Berkshire Hatheway or their leadership or how I recruited two of their top agents last year to leave and join me at Re/Max. No company is run perfect but nor do I bash in a blog every time I read a not so wise decision made by one of the executives. Redfin is not even open or operating in my area.

Let me be clear I give honest and straight up advice and no double talk  - what was that remark? Clearly, that had meaning?. I hold you in high esteem my friend and expect more from you and I think anyone who is associated at Re/Max was and should be offended 

Yes you are right I am offended - Hannah 

May 16, 2019 06:14 PM #75
Rainmaker
698,213
Andrea Bedard
Thompson Company, REALTORS® - Silver Spring, MD
M.A.; REALTOR® Silver Spring, MD and beyond

I read the newest article announcing Re/Max decision with interest, and relief. I really want to view the members of our industry as colleagues, not competitors, but when certain companies undermine the very ethics we stand for and try to convince the public that this is the better way, I cannot consider them colleagues. I am glad Re/Max reconsidered. 

May 17, 2019 06:46 AM #76
Ambassador
1,789,084
Debb Janes EcoBroker and Bernie Stea JD
ViewHomes of Clark County - Nature As Neighbors - Camas, WA
REALTORS® in Clark County, WA

I'm sure the reason it took a bit of time is that ReMax figured it would be a lucrative partnership. However, going to give credit when it's due - so pleased that they made a sound and ethical decision. 

May 17, 2019 08:43 AM #77
Ambassador
3,894,506
Jeff Dowler, CRS
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude

Hi Endre:

Well I was surprised at the relationship and not particular shocked that it is dissolving. It will be interesting to see where things go with Redfin.

Jeff

May 17, 2019 04:53 PM #78
Rainmaker
3,146,420
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Andrea Bedard  you said this so well and you are 100% right, Endre

May 18, 2019 12:03 AM #79
Rainmaker
3,146,420
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Debb Janes EcoBroker and Bernie Stea JD  yes loved the assessment "lucrative financial benefit", they did cone to their senses...Endre

May 18, 2019 12:05 AM #80
Rainmaker
3,146,420
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Jeff Dowler, CRS  like you I will be interested to see where things go from here:)Endre

May 18, 2019 12:06 AM #81
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