{"id":29994,"date":"2015-01-15T07:00:14","date_gmt":"2015-01-15T15:00:14","guid":{"rendered":"https:\/\/redfindevelop.wpengine.com\/blog\/?p=29994"},"modified":"2020-10-05T13:12:10","modified_gmt":"2020-10-05T20:12:10","slug":"why-i-came-to-redfin-lorraine-woellert","status":"publish","type":"post","link":"https:\/\/www.redfin.com\/news\/why-i-came-to-redfin-lorraine-woellert\/","title":{"rendered":"Why I Came to Redfin: For the Little Guy"},"content":{"rendered":"

\"Lorraine<\/a>I was a Redfin evangelist long before I ever thought of working here. It wasn\u2019t just the terrific app and all the cool stuff I could get on the website. What sold me was the Redfin mission to make home buying and selling better for people like you and me.<\/p>\n

I had my first taste of the housing business as a student working part-time at a title company, a job I held through college. While I researched properties looking for liens, fraud and other surprises, I got a side education in real estate. That schooling continued throughout my career as I took reporting jobs covering planning commissions, courts, the housing collapse and the U.S. economy.<\/p>\n

Here\u2019s what I\u2019ve learned: The little guy is outgunned.<\/p>\n

Buying or selling a home requires incredible amounts of paperwork heavy with jargon. Different laws apply to different properties. Heck, different laws apply to different mortgages. The picture gets even messier when you start talking about zoning, homeowner associations, taxes and county budgets.<\/p>\n

Even more complex is the machinery behind your mortgage. Getting a loan almost always involves global financial players and might depend on the economic health of, say, Japan or China. Sometimes a big Wall Street investor cares a lot if a little home sale in rural America falls through \u2013 that\u2019s one reason people bought houses they shouldn\u2019t have in the run-up to the collapse.<\/p>\n

How does the average Joe navigate it all? That\u2019s where Redfin comes in. It\u2019s not just the company\u2019s whiz-bang technology. We\u2019re challenging age-old industry habits that weren\u2019t always in the consumer\u2019s best interest. Redfin agents don\u2019t get paid commission; they earn a salary and a bonus based on customer satisfaction. Their incentive isn\u2019t to close a deal, it\u2019s to make the client happy. And sometimes the best way to make clients happy is to tell them when not to buy or sell a house.<\/p>\n

Redfin is just one player taking small steps to make the housing market more transparent and less confusing. But what we\u2019re doing is important, and there\u2019s a lot at stake. Getting it right isn\u2019t just about having a cool place to call home or building personal wealth. Town halls, schools and a lot of jobs depend on a healthy housing market. So do banks, pension funds and the U.S. economy.<\/p>\n

While Redfin agents make the process easier for clients, I\u2019ll be working with our research team to help you understand what\u2019s happening in Washington, on Wall Street and on your street. We\u2019ll keep you up to date on changes to tax law, mortgage policy and anything else you need to know.<\/p>\n

The process of buying and selling is still complicated, but Redfin is making it better and I aim to help. That\u2019s why I\u2019m here.<\/p>\n","protected":false},"excerpt":{"rendered":"

Lorraine Woellert says she was a Redfin evangelist long before she ever thought of working here. “It wasn’t just the terrific app and all the cool stuff I could get on the website. What sold me was the Redfin mission to make home buying and selling better for people like you and me.”<\/p>\n","protected":false},"author":13355,"featured_media":30001,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[57],"tags":[71,32,68,74],"coauthors":[79,198,206,163],"class_list":["post-29994","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-company-news","tag-celebrity","tag-housing-market-tracker","tag-local","tag-mortgage-tips"],"acf":[],"yoast_head":"\nLorraine Woellert: I Came to Redfin for the Little Guy - 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