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Real Estate
Reply to "Is the realtor entitled"
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[quote=Anonymous]Redfin gives you a kickback on the agent's fee, so you get about half the fee back. You (through the selling price) are still paying the realtor a lot of money, but at least you are saving something back. Redfin will show you houses, whereas you have to wait for open houses, or get the listing agent to show you the house if you don't have an agent to show them to you. Agents will show them for free, but I don't ask them to do that if I'm not planning to use them for the sale. That's not fair to them. Redfin, on the other hand, uses employees (non-realtors, I think), who are knowledgeable about houses, but there's no pushing or sales pitch at all. It's not a perfect business model, but it's certainly chipping away at the realtor's monopoly, so that's a step in the right direction. [/quote]
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