Redfin released a sprawling, glorious update to our website last night that changes Redfin in two fundamental ways: We built data-driven agent profiles, showing every deal our own agents have done and every customer review, even on deals that failed. We opened up our business to partner agents and we published all their deals too, […]
Redfin Creates a Marketplace for Agents
This is an essay arguing that some of the same forces driving Wall Street have affected Sand Hill Road, so that entrepreneurs try to make money without worrying about losing it. From the backseat’s darkness, the hedge fund manager wasn’t talking to anyone in particular, and didn’t seem to notice no one could understand much
A Free Call Option on the American Economy
Barack Obama and John McCain are going to spend the next two months arguing over the economy, mostly about how to foster innovation. The politicians blame politics. In last Sunday’s New York Times, Cisco & Google engineering executives talked about the same problem. They blame the lack of engineers. Both are right. But the real
As a Redfin agent, I’m on the phone with clients most of the day. First Time Homebuyers, Dealhounds, Investors, Upsizers, and Downsizers all make an impact on my daily life. The other day I realized something- most people would be either apathetic or cynical after dealing with this many people day in and day out.
Missoula, Montana, Sergeant Mulvaney, and How I Fell in Love with Redfin’s Clients
In September 2005, just as Redfin was raising its first round of funding, the Department of Justice sued the National Association of Realtors for developing a policy that allowed its members to share listing information with some brokers but not others. The policy was suspended while the lawsuit lumbered through federal court. And in the
No One's Going to Take Away Our Data, But What Can We Do With It?
Redfin Short Sale Policy Update: We’re sorry, Redfin no longer tours or services offers on short sales. Like the bad-news boyfriend you can’t cut loose of, Redfin has gotten mixed up with a lot of short sales lately, where a homeowner is selling a house for less than he owes on his mortgage. At our
Men Like Ravenous Fishes Feed on One Another
vs. Redfin recently switched some of our backend DB infrastructure from MySQL to Postgres, and we plan to wholly switch to Postgres in the near future. This wasn’t an easy decision; MySQL has a lot going for it, and switching has been a lot of work. However, we’ve already seen major benefits from choosing Postgres,
Elephant versus Dolphin: Which is Faster? Which is Smarter?
The Wall Street Journal’s Rebecca Buckman published an article yesterday depicting Redfin as the oddball on an ad-crazed Sand Hill Road. Which is unfortunately true. When we were meeting investors about our last round of financing, three huge deals for ad networks had just set venture capital abuzz: Microsoft bought aQuantive for $6 billion, Google
The Web Is Becoming A Gigantic Lead-Generating Contraption for Business-As-Usual
I’ve been asked by many of my friends and family why I decided to leave my position at Microsoft, where I was appreciated and rewarded, for more work, more responsibility, and more stress. Well, the decision was mainly a result of three factors. First, someday I may start my own company, and transitioning from a
Will Work For Food: Why I Left Microsoft for a Startup
The Naked Truth party wasn’t the three-ring circus I had hoped it would be. No one arrived by camel. The police didn’t shut the party down. There were big bouncers working security, but no velvet rope. And yet everybody — hundreds of people — seemed to have a blast. Our goal in hosting the event
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