With a Gap This Big, It’s Sort of Hard Not to Say Something About It

October 3, 2012 by Glenn Kelman

Updated on October 2nd, 2020

First, the facts.
Windermere and Redfin just published a study showing that across 11 major U.S. cities, local broker sites such as Windermere.com, Redfin.com, and LongandFoster.com have about 20+% more agent-listed properties than two national portals, Zillow and Trulia.
The study found that broker sites display new listings 7 to 9 days faster, and that broker sites record sales faster too: almost 2 out of the 5 listings on Zillow and Trulia are actually no longer for sale, a problem with only 1 in 1,000 of the active listings on Redfin.
For the full report visit the Redfin Research Center.

Glenn Kelman

Glenn is the CEO of Redfin. Prior to joining Redfin, he was a co-founder of Plumtree Software, a Sequoia-backed, publicly traded company that created the enterprise portal software market. In his seven years at Plumtree, Glenn at different times led engineering, marketing, product management, and business development; he also was responsible for financing and general operations in Plumtree's early days. Prior to starting Plumtree, Glenn worked as one of the first employees at Stanford Technology Group, a Sequoia-backed start-up acquired by IBM. Glenn was raised in Seattle and graduated from the University of California, Berkeley. He is a regular contributor to the Redfin blog and Twitter.

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