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Tag: Redfin

Sellers in Cheaper Neighborhoods Accepting Fewer Lowball Offers

Posted on November 28, 2008December 1, 2008 by The Tim

I’d like to draw your attention to a post I made earlier this week on the Redfin Sweet Digs blog: Where are buyers getting the biggest discounts? The specific portion that I believe may be of interest to Seattle Bubble readers is the following chart, which is a scatterplot of Seattle-area zip codes, with the…

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Estately Kicks RE Search Up a Notch

Posted on November 21, 2008November 21, 2008 by The Tim

Locally-based real estate search site Estately kicked their technology up another notch yesterday, with the addition of past home sales information to every listing, as well as the expansion into Chicago and Long Island, New York. I’ve been consistently impressed with how much Estately founder Galen Ward has been able to do on a shoestring…

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Local Discount Real Estate Service Showdown

Posted on November 10, 2008November 10, 2008 by The Tim

As the housing market has slowed dramatically from the heady boom years of 2005 and 2006, the number of discount real estate brokers has been on the rise. While Redfin made a big splash in 2004, and continues to be the discount market leader, as the market tumbles other competitors continue to crop up. As…

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Cool New Features on Redfin

Posted on November 6, 2008November 6, 2008 by The Tim

For those of you that have been waiting for Redfin to add the NWMLS Cumulative Days on Market to the information displayed on listings, your wait is over. Redfin unveiled a bunch of new features today. Here’s a list of what I’ve noticed so far: Cumulative Days on Market displayed property type now broken down…

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Redfin Cuts 20% of Staff

Posted on October 13, 2008October 13, 2008 by The Tim

It looks like the tough real estate market has finally caught up to our favorite local real estate search innovator and discount broker Redfin. From the corporate blog: Today Redfin laid off roughly 20% of our employees. Unlike other startups, our industry’s recession started a year ago, when home prices first plunged. Since then, we’ve…

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