Comments on: Redfin Fined $50K and Told to Alter Blog http://luxuryhomedigest.com/2007/05/17/redfin-fined-50k-and-told-to-alter-blog/ Tue, 19 Jan 2010 02:46:27 +0000 http://wordpress.org/?v=2.8.4 hourly 1 By: The Empire Strikes Back : Domus Test Test Test http://luxuryhomedigest.com/2007/05/17/redfin-fined-50k-and-told-to-alter-blog/comment-page-1/#comment-420 The Empire Strikes Back : Domus Test Test Test Sat, 19 Jul 2008 16:58:56 +0000 http://luxuryhomedigest.com/2007/05/17/redfin-fined-50k-and-told-to-alter-blog/#comment-420 [...] Roberta Murphy at Luxury Home Digest [...] [...] Roberta Murphy at Luxury Home Digest [...]

]]> By: Roberta Murphy http://luxuryhomedigest.com/2007/05/17/redfin-fined-50k-and-told-to-alter-blog/comment-page-1/#comment-419 Roberta Murphy Sun, 16 Dec 2007 03:10:00 +0000 http://luxuryhomedigest.com/2007/05/17/redfin-fined-50k-and-told-to-alter-blog/#comment-419 Idetrorce: You don't agree with Redfin's fine--or my reporting of the event? Please explain. Idetrorce:

You don’t agree with Redfin’s fine–or my reporting of the event?

Please explain.

]]> By: Bill http://luxuryhomedigest.com/2007/05/17/redfin-fined-50k-and-told-to-alter-blog/comment-page-1/#comment-418 Bill Tue, 03 Jul 2007 05:59:20 +0000 http://luxuryhomedigest.com/2007/05/17/redfin-fined-50k-and-told-to-alter-blog/#comment-418 You have an outstanding good and well structured site. I enjoyed browsing through it.b You have an outstanding good and well structured site. I enjoyed browsing through it.b

]]> By: Roberta Murphy http://luxuryhomedigest.com/2007/05/17/redfin-fined-50k-and-told-to-alter-blog/comment-page-1/#comment-417 Roberta Murphy Sat, 26 May 2007 22:33:56 +0000 http://luxuryhomedigest.com/2007/05/17/redfin-fined-50k-and-told-to-alter-blog/#comment-417 As I recall, Redfin's CEO said something to the effect that Redfin makes money on each sale, but doesn't do enough sales to make any money. The loaded question is: How many sales will they have to do to break even? $9 milliion won't go very far with Redfin's planned expansions. In San Diego, they don't even have an office listed-- and their lone agent has closed one sale in the last few months. As I recall, Redfin’s CEO said something to the effect that Redfin makes money on each sale, but doesn’t do enough sales to make any money.

The loaded question is: How many sales will they have to do to break even? $9 milliion won’t go very far with Redfin’s planned expansions. In San Diego, they don’t even have an office listed– and their lone agent has closed one sale in the last few months.

]]> By: Austin Real Estate Blog http://luxuryhomedigest.com/2007/05/17/redfin-fined-50k-and-told-to-alter-blog/comment-page-1/#comment-416 Austin Real Estate Blog Sat, 26 May 2007 21:19:33 +0000 http://luxuryhomedigest.com/2007/05/17/redfin-fined-50k-and-told-to-alter-blog/#comment-416 Last I heard redfin had 9 million in venture capital funding. I think they are the big boy. Last I heard redfin had 9 million in venture capital funding. I think they are the big boy.

]]> By: Justin Smith http://luxuryhomedigest.com/2007/05/17/redfin-fined-50k-and-told-to-alter-blog/comment-page-1/#comment-415 Justin Smith Wed, 23 May 2007 21:15:17 +0000 http://luxuryhomedigest.com/2007/05/17/redfin-fined-50k-and-told-to-alter-blog/#comment-415 I Roberta, I hope you will post an update on the appeal... I'm interested to see how this pans out. I Roberta,
I hope you will post an update on the appeal… I’m interested to see how this pans out.

]]> By: Roberta Murphy http://luxuryhomedigest.com/2007/05/17/redfin-fined-50k-and-told-to-alter-blog/comment-page-1/#comment-414 Roberta Murphy Mon, 21 May 2007 03:21:46 +0000 http://luxuryhomedigest.com/2007/05/17/redfin-fined-50k-and-told-to-alter-blog/#comment-414 Tony: Hmmm....looks like lots of real estate agents will be buying cigars. LOL! Tony: Hmmm….looks like lots of real estate agents will be buying cigars. LOL!

]]> By: Tony May http://luxuryhomedigest.com/2007/05/17/redfin-fined-50k-and-told-to-alter-blog/comment-page-1/#comment-413 Tony May Mon, 21 May 2007 02:42:08 +0000 http://luxuryhomedigest.com/2007/05/17/redfin-fined-50k-and-told-to-alter-blog/#comment-413 There are cigar-chomping good 'ol boys in every industry. Redfin clearly alienated the big real estate boys. You know, generally speaking, violating Rule 190 would be over-looked by people in this business as it just gets the listing more exposure (for both the listing and the agent). But, if you tick off the big boys, they'll call you out on 190 violation if it is the only thing they can technically get you on. Remember, Al Capone didn't get busted for being a gangster or for murder charges - it was tax evasion. Anger the big boys and girls and they'll get you with whatever they can - including minor violations. I wouldn't be surprised if this guy gets pulled over by a cop whose wife is a real estate agent and the cop not only gives him a speeding ticket but looks for every other possible violation! :) There are cigar-chomping good ‘ol boys in every industry. Redfin clearly alienated the big real estate boys.

You know, generally speaking, violating Rule 190 would be over-looked by people in this business as it just gets the listing more exposure (for both the listing and the agent). But, if you tick off the big boys, they’ll call you out on 190 violation if it is the only thing they can technically get you on. Remember, Al Capone didn’t get busted for being a gangster or for murder charges – it was tax evasion.

Anger the big boys and girls and they’ll get you with whatever they can – including minor violations. I wouldn’t be surprised if this guy gets pulled over by a cop whose wife is a real estate agent and the cop not only gives him a speeding ticket but looks for every other possible violation! :)

]]> By: Redfin Fined 50 Large (Seattle) at Condo Blog http://luxuryhomedigest.com/2007/05/17/redfin-fined-50k-and-told-to-alter-blog/comment-page-1/#comment-412 Redfin Fined 50 Large (Seattle) at Condo Blog Fri, 18 May 2007 12:12:27 +0000 http://luxuryhomedigest.com/2007/05/17/redfin-fined-50k-and-told-to-alter-blog/#comment-412 [...] Home Digest, Square Feet, and I am sure many more today - try a Google Blog Search for Redfin. Permalink   by Anthony Longo   May 18th, 2007 in Condo News, Real Estate &Technology. [...] [...] Home Digest, Square Feet, and I am sure many more today – try a Google Blog Search for Redfin. Permalink   by Anthony Longo   May 18th, 2007 in Condo News, Real Estate &Technology. [...]

]]> By: The Empire Strikes Back | 3 Oceans -- The San Francisco Bay Area Real Estate Blog http://luxuryhomedigest.com/2007/05/17/redfin-fined-50k-and-told-to-alter-blog/comment-page-1/#comment-411 The Empire Strikes Back | 3 Oceans -- The San Francisco Bay Area Real Estate Blog Fri, 18 May 2007 04:27:05 +0000 http://luxuryhomedigest.com/2007/05/17/redfin-fined-50k-and-told-to-alter-blog/#comment-411 [...] Roberta Murphy at Luxury Home Digest [...] [...] Roberta Murphy at Luxury Home Digest [...]

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