Anonymous wrote:

Anonymous wrote:When I used Redfin there were a few errors in the paperwork.I think our agent was overextended. So just make sure you read through the contract. Also, she did not give any advice about offers/counteroffers or what to do about problems found in the inspection.

fake

Anonymous wrote:I'm the one who suggested not clicking on redfin posts if they bother you. We are currently using redfin and are happy with them. I can understand why people would want more info about them though and I think that's a legimate post. I don't understand why people are thinking that all the redfin posters are the same. Maybe there's just a lot of redfin love out there in 2014.

Anonymous wrote:We used Redfin as first-time buyers and were satisfied.

I think if you need a lot of hand-holding and want someone who knows about listings before they hit the market, you want a realtor. But if you're pretty adept at looking up listings online and simply want someone to take you to showings and assist with paperwork, Redfin is perfect.

Anonymous wrote:I'm an agent and mostly list properties, so I love to work with Redfin agents. They push buyers to bid high and that is good for the seller.

Other things: You will be strongly encouraged to use their title company and home inspectors. Home inspectors don't seem to find many problems, again good for seller, because they want to move the deal forward.

Their title company does not use a lawyer at settlement but notaries who manage the signing of documents. If there is any issue at settlement, the notary does not know how to interpret the contract. The notaries are also frequently late for settlements because they drive from place to place rather than being located at one office.

The discount they give is fine for what they do.

Anonymous wrote:We used Redfin as first-time buyers and were satisfied.

I think if you need a lot of hand-holding and want someone who knows about listings before they hit the market, you want a realtor. But if you're pretty adept at looking up listings online and simply want someone to take you to showings and assist with paperwork, Redfin is perfect.

Anonymous wrote:

Anonymous wrote:I'm an agent and mostly list properties, so I love to work with Redfin agents. They push buyers to bid high and that is good for the seller.

Other things: You will be strongly encouraged to use their title company and home inspectors. Home inspectors don't seem to find many problems, again good for seller, because they want to move the deal forward.

Their title company does not use a lawyer at settlement but notaries who manage the signing of documents. If there is any issue at settlement, the notary does not know how to interpret the contract. The notaries are also frequently late for settlements because they drive from place to place rather than being located at one office.

The discount they give is fine for what they do.

Weird, we used Redfin and they really had no real opinion on our title company or home inspector. We looked on Angies list and referrals from friends. Maybe just like with realtors it depends on the particular agents; I've had friends with Realtors get totally pressured to use their buddy. Not unique to Redfin, that's for sure.

As for pricing, honestly they again had no opinion on pricing; in this sense you are not being served by them as a real estate expert, and it is a very DIY approach. They were very happy to offer whatever we felt worthwhile, though they were thoughtful about things such as putting an expiration date on an offer to make sure we weren't shopped around in a bidding situation. In this market, almost every place we looked at had multiple bids over list, so honestly the market was dictating the price, and we really couldn't "overbid" if we actually wanted a property.

And really, how many Realtors really have the analytical chops to accurately value every type of property they transact in? That is a complicated analysis based on history, local economies, interest rates; 90% of realtors I saw walking their clients through open houses spent the time talking about how "nice they could make the property into their home." If they were that capable of identifying value, they would be real estate investors, not middle men in retail transactions.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I'm an agent and mostly list properties, so I love to work with Redfin agents. They push buyers to bid high and that is good for the seller.

Other things: You will be strongly encouraged to use their title company and home inspectors. Home inspectors don't seem to find many problems, again good for seller, because they want to move the deal forward.

Their title company does not use a lawyer at settlement but notaries who manage the signing of documents. If there is any issue at settlement, the notary does not know how to interpret the contract. The notaries are also frequently late for settlements because they drive from place to place rather than being located at one office.

The discount they give is fine for what they do.

Weird, we used Redfin and they really had no real opinion on our title company or home inspector. We looked on Angies list and referrals from friends. Maybe just like with realtors it depends on the particular agents; I've had friends with Realtors get totally pressured to use their buddy. Not unique to Redfin, that's for sure.

As for pricing, honestly they again had no opinion on pricing; in this sense you are not being served by them as a real estate expert, and it is a very DIY approach. They were very happy to offer whatever we felt worthwhile, though they were thoughtful about things such as putting an expiration date on an offer to make sure we weren't shopped around in a bidding situation. In this market, almost every place we looked at had multiple bids over list, so honestly the market was dictating the price, and we really couldn't "overbid" if we actually wanted a property.

And really, how many Realtors really have the analytical chops to accurately value every type of property they transact in? That is a complicated analysis based on history, local economies, interest rates; 90% of realtors I saw walking their clients through open houses spent the time talking about how "nice they could make the property into their home." If they were that capable of identifying value, they would be real estate investors, not middle men in retail transactions.

Continue with your sweet conceit