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Inside Redfin’s unique, brave and vulnerable business model

Housing Wire

Redfin is a publicly traded company, a nationally recognized listings website and one of the biggest brokerages in the country. These employee agents are exceedingly more productive than the average independent contractor agent. They are also more diligently responsive to leads – and perhaps to each other. “We

Business 367
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REAL ESTATE SETTLEMENT WILL UNSETTLE BUYERS

Will Springer Realtor

Recent news that the National Association of Realtors® (NAR) wishes to settle a series of lawsuits from home sellers has sent ripples through the real estate industry. While the NAR denies any wrongdoing, the proposed settlement promises significant changes in how business is conducted in the real estate market.

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RISING INFLATION, RATES TRIP UP HOUSING MARKET

Will Springer Realtor

Our shrinking wallets have people delaying bigger purchases or at least looking for bargains when possible – including homes. The King County housing market has seen inventory increase by 55% in the past month, while the number of homes going under contract fell 22% from May to the lowest June level since 2011. Not really sure.”.