Unlike travel agents, real estate brokers are still prevalent. Website Redfin’s attempts to grab market share show just how stubborn they can be
Why Redfin, Zillow, and Trulia Haven’t Killed Off Real Estate Brokers
Tag: redfin
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Why Redfin, Zillow, and Trulia Haven’t Killed Off Real Estate Brokers
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“Real estate, by far, is the most screwed up industry in America,” he told CBS News’s 60 Minutes in 2007. “We feel like things that Amazon or EBay (EBAY) or Yahoo! (YHOO) have done in other industries, we can do for the real estate industry.” Kelman [CEO of Redfin] now regards that statement as an error. “The biggest mistake I made in starting out at Redfin was bringing some Silicon Valley swagger into a traditional industry,” he says. “It was unnecessarily provocative.”