Comments on: Redfin is missing 20% of Listings? http://raincityguide.com/2006/09/05/redfin-is-missing-20-of-listings/ Seattle's Leading Resource for Real Estate Information Sat, 20 Mar 2010 23:08:33 -0700 http://wordpress.org/?v=2.8.4 hourly 1 By: Simon http://raincityguide.com/2006/09/05/redfin-is-missing-20-of-listings/#comment-17517 Simon Thu, 14 Sep 2006 06:38:36 +0000 http://raincityguide.com/2006/09/05/redfin-is-missing-20-of-listings/#comment-17517 Why is missing listing such a big deal? Just find the listing on Realtor.com, look up the open house date on MLSlisting.com, stop by the open house, then use Redfin to make an offer. However, I do love the fact that Redfin displays the "Days On Market" DOM, this information gives me huge advantage during negotiation. For the listings Redfin doesn't have, I have to go to ZipRealty to dig up the DOM. No biggy, but it would be nice if RedFin can have all the listings. Oh btw, I love how Redfin tabulates listing display and how it pinpoints properties on a map as you click through. That's is innovation! Why is missing listing such a big deal? Just find the listing on Realtor.com, look up the open house date on MLSlisting.com, stop by the open house, then use Redfin to make an offer. However, I do love the fact that Redfin displays the “Days On Market” DOM, this information gives me huge advantage during negotiation. For the listings Redfin doesn’t have, I have to go to ZipRealty to dig up the DOM. No biggy, but it would be nice if RedFin can have all the listings. Oh btw, I love how Redfin tabulates listing display and how it pinpoints properties on a map as you click through. That’s is innovation!

]]> By: seattleeric http://raincityguide.com/2006/09/05/redfin-is-missing-20-of-listings/#comment-16578 seattleeric Thu, 07 Sep 2006 23:03:45 +0000 http://raincityguide.com/2006/09/05/redfin-is-missing-20-of-listings/#comment-16578 Galen: I'm waiting to get new information. The data for September 2005 shows a 10% (not 20%) discrepancy, and preliminary data shows 1%-2% now. My source finds it hard to believe that there would be such a huge improvement. However, if there has been, I fully plan to post a clarification. Thanks, Eric Galen:

I’m waiting to get new information. The data for September 2005 shows a 10% (not 20%) discrepancy, and preliminary data shows 1%-2% now. My source finds it hard to believe that there would be such a huge improvement. However, if there has been, I fully plan to post a clarification.

Thanks,

Eric

]]> By: Galen http://raincityguide.com/2006/09/05/redfin-is-missing-20-of-listings/#comment-16549 Galen Thu, 07 Sep 2006 19:11:31 +0000 http://raincityguide.com/2006/09/05/redfin-is-missing-20-of-listings/#comment-16549 Eric, I know that I'm waiting to hear the rest of the story - I'm still finding it hard to believe unless you're including FSBOs or something. Eric, I know that I’m waiting to hear the rest of the story – I’m still finding it hard to believe unless you’re including FSBOs or something.

]]> By: Dustin http://raincityguide.com/2006/09/05/redfin-is-missing-20-of-listings/#comment-16322 Dustin Wed, 06 Sep 2006 18:19:24 +0000 http://raincityguide.com/2006/09/05/redfin-is-missing-20-of-listings/#comment-16322 Glenn, Just to be clear about something... Eric had no intention of smearing Redfin because of the "preying mantises" comment. In fact, Eric had this post ready to go for a while (and I'm pretty sure before <a href="http://www.raincityguide.com/2006/09/04/truth-or-great-pr/" rel="nofollow">Russ </a> or <a href="http://blog.redfin.com/blog/redfin/2006/09/the_fur_flies_over_new_york_ti.html" rel="nofollow">Glenn </a> even posted their related entries). However, unlike Russ, I have not given Eric authority to "publish" posts yet, so it had to be run by me, and I was too swamped to hit "publish" until after Russ had started the conversation. The only thing I considered changing in the title was the placement of the "is". In other words, if it was my post, I would have said "Is Redfin...?" because it would read more like a question. However, in my mind a title is meant to simply grab a users attention so that they will read the post, and I'm always fascinated by the creativity of RCG contributors in this realm. My opinion is that as long as there are no factual inaccuracies, I just let things fly... I'm a little surprised that you don't understand this since it is basic marketing. Did Rob really think that people were going to <a href="http://blog.redfin.com/blog/redfin/2006/08/become_a_millionaire_and_meet.html" rel="nofollow">become millionaires in one weekend when he wrote this title</a>? I sincerely doubt it and unlike Eric's post, it wasn't even factually accurate! But the title he choose captured my attention and got me to read his post. I see nothing wrong with that at all... I honestly harbor no malice for Redfin whatsoever, and think you've embarked on a very interesting project. However, I'm surprised that you expect the agent community to wear soft gloves while you come out swinging at them... Glenn,

Just to be clear about something… Eric had no intention of smearing Redfin because of the “preying mantises” comment. In fact, Eric had this post ready to go for a while (and I’m pretty sure before Russ or Glenn even posted their related entries). However, unlike Russ, I have not given Eric authority to “publish” posts yet, so it had to be run by me, and I was too swamped to hit “publish” until after Russ had started the conversation. The only thing I considered changing in the title was the placement of the “is”. In other words, if it was my post, I would have said “Is Redfin…?” because it would read more like a question.

However, in my mind a title is meant to simply grab a users attention so that they will read the post, and I’m always fascinated by the creativity of RCG contributors in this realm. My opinion is that as long as there are no factual inaccuracies, I just let things fly…

I’m a little surprised that you don’t understand this since it is basic marketing. Did Rob really think that people were going to become millionaires in one weekend when he wrote this title? I sincerely doubt it and unlike Eric’s post, it wasn’t even factually accurate! But the title he choose captured my attention and got me to read his post. I see nothing wrong with that at all…

I honestly harbor no malice for Redfin whatsoever, and think you’ve embarked on a very interesting project. However, I’m surprised that you expect the agent community to wear soft gloves while you come out swinging at them…

]]> By: Galen http://raincityguide.com/2006/09/05/redfin-is-missing-20-of-listings/#comment-16314 Galen Wed, 06 Sep 2006 17:52:40 +0000 http://raincityguide.com/2006/09/05/redfin-is-missing-20-of-listings/#comment-16314 Thanks for the link Marlow. Thanks for the link Marlow.

]]> By: ARDELL http://raincityguide.com/2006/09/05/redfin-is-missing-20-of-listings/#comment-16312 ARDELL Wed, 06 Sep 2006 17:44:56 +0000 http://raincityguide.com/2006/09/05/redfin-is-missing-20-of-listings/#comment-16312 How about 98% missing on the Redfin site? I just put the two sites up side by side, Redfin vs. MLS Agent version. I typed in Bothell $450,000 to $500,000. Redfin said 2 vs. MLS Agent version which said 84. Now I know there is a logical defense for this scenario, but how much is the average consumer expected to know? How is the average consumer, who does what I just did, know that there are in fact more than 2 and they should keep playing with the site? I think that is very constructive criticism that should be paid attention to, rather than defended. Granted, I may not be using the site correctly, but I have always had results like this when using the site and have scratched my head saying, what's so great about this place? How about 98% missing on the Redfin site? I just put the two sites up side by side, Redfin vs. MLS Agent version. I typed in Bothell $450,000 to $500,000. Redfin said 2 vs. MLS Agent version which said 84.

Now I know there is a logical defense for this scenario, but how much is the average consumer expected to know? How is the average consumer, who does what I just did, know that there are in fact more than 2 and they should keep playing with the site?

I think that is very constructive criticism that should be paid attention to, rather than defended.

Granted, I may not be using the site correctly, but I have always had results like this when using the site and have scratched my head saying, what’s so great about this place?

]]> By: Giles@DevelopingAtlanta.com http://raincityguide.com/2006/09/05/redfin-is-missing-20-of-listings/#comment-16310 Giles@DevelopingAtlanta.com Wed, 06 Sep 2006 17:37:22 +0000 http://raincityguide.com/2006/09/05/redfin-is-missing-20-of-listings/#comment-16310 Glen, On a separate note... It must be funny knowing that your biggest Critics/Fans are only a few keystrokes away here on RC Guide's blog?? I knew the Redfin crew had responded to this post before I even opened the thread. How Bizarre this Internet world is... getting smaller and smaller it seems! -Giles Stevens "The internet is not something you just dump something on. It's not a truck....It's a series of tubes." -Senator Ted Stevens (R-Alaska) Glen,

On a separate note… It must be funny knowing that your biggest Critics/Fans are only a few keystrokes away here on RC Guide’s blog??

I knew the Redfin crew had responded to this post before I even opened the thread.

How Bizarre this Internet world is… getting smaller and smaller it seems!

-Giles Stevens

“The internet is not something you just dump something on. It’s not a truck….It’s a series of tubes.”

-Senator Ted Stevens (R-Alaska)

]]> By: Marlow http://raincityguide.com/2006/09/05/redfin-is-missing-20-of-listings/#comment-16309 Marlow Wed, 06 Sep 2006 17:35:41 +0000 http://raincityguide.com/2006/09/05/redfin-is-missing-20-of-listings/#comment-16309 John Cook mentions it on his Seattle P.I. Business blog too. http://blog.seattlepi.nwsource.com/venture/archives/106449.asp John Cook mentions it on his Seattle P.I. Business blog too.

http://blog.seattlepi.nwsource.com/venture/archives/106449.asp

]]> By: seattleeric http://raincityguide.com/2006/09/05/redfin-is-missing-20-of-listings/#comment-16301 seattleeric Wed, 06 Sep 2006 17:14:49 +0000 http://raincityguide.com/2006/09/05/redfin-is-missing-20-of-listings/#comment-16301 I just talked to my source. <b> I stick by my story </b>. More to come later (I'm out the door and don't have time to elaborate. Very interesting conversation indeed. He even invited Glenn to call him directly. More to come. I just talked to my source. I stick by my story . More to come later (I’m out the door and don’t have time to elaborate. Very interesting conversation indeed. He even invited Glenn to call him directly. More to come.

]]> By: ARDELL http://raincityguide.com/2006/09/05/redfin-is-missing-20-of-listings/#comment-16299 ARDELL Wed, 06 Sep 2006 17:06:55 +0000 http://raincityguide.com/2006/09/05/redfin-is-missing-20-of-listings/#comment-16299 Perhaps Glenn is referring to the "roundabout route". If you go to the PI, and then go to the Blog section, and then go to the Real Estate Blog section, and then go down a story or two to the one about Rain City Guide being hijacked by Turks, and then click on the hyperlink in that story to Rain City Guide, and then scroll down past current articles...the PI does indirectly lead to Eric's post. A circuitous route to be sure, but that functions a lot like Redfins site, you eventually can get to the accurate info if you take many steps, so it could be the answer to the queston and at the same time the answer to Eric's question as well :-) Perhaps Glenn is referring to the “roundabout route”. If you go to the PI, and then go to the Blog section, and then go to the Real Estate Blog section, and then go down a story or two to the one about Rain City Guide being hijacked by Turks, and then click on the hyperlink in that story to Rain City Guide, and then scroll down past current articles…the PI does indirectly lead to Eric’s post.

A circuitous route to be sure, but that functions a lot like Redfins site, you eventually can get to the accurate info if you take many steps, so it could be the answer to the queston and at the same time the answer to Eric’s question as well :-)

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