{"id":591,"date":"2008-10-08T10:31:52","date_gmt":"2008-10-08T17:31:52","guid":{"rendered":"https:\/\/redfindevelop.wpengine.com\/blog\/2008\/10\/its_only_going_to_get_better_for_me.html"},"modified":"2025-07-01T05:52:23","modified_gmt":"2025-07-01T12:52:23","slug":"its_only_going_to_get_better_for_me","status":"publish","type":"post","link":"https:\/\/www.redfin.com\/news\/its_only_going_to_get_better_for_me\/","title":{"rendered":"&#034;It&#039;s Only Going to Get Better for Me&#034;"},"content":{"rendered":"<p><em>This is the first in a series of real-time, agent-off-the-record\u00a0blog posts on what Redfin agents and market managers are seeing in different markets. We promise to tell it like it is even when the way it is is pretty bad&#8230;\u00a0 <\/em><br \/>\nTime was, the problem with real estate was too many listings, at unrealistic prices. But with home-owners anxious to sell before the holiday season, we recently saw <a href=\"https:\/\/redfin.com\/blog\/2008\/09\/shocker_the_average_size_of_a_price_drop_is_107.html\">the average cumulative price drop exceed 10%<\/a>. And with almost no new listings entering the market, across the markets we cover the number of homes for sale has actually decreased, by about 3% since August. In some places, <a href=\"http:\/\/seattlebubble.com\/blog\/2008\/10\/06\/nwmls-inventory-level-sales-up-prices-down\/\">transaction volumes increased<\/a>.<br \/>\nBut the problem now is with buyers, some of whom simply don&#8217;t have the money anymore to afford a house.<img decoding=\"async\" src=\"http:\/\/p1.rfimg.us\/static-images\/images\/agents\/allie_howard.png\" width=\"100\" align=\"right\" height=\"140\" \/><br \/>\n<strong>Plenty of Offers, Very Few Deals<\/strong><br \/>\n&#8220;It was a weird week,&#8221; said <a href=\"https:\/\/redfin.com\/about\/seattle-real-estate-agents\/allie-howard\">Seattle agent Allie Howard<\/a>. &#8220;Things were looking good, then deals started going in reverse.&#8221; By the end of it all, only four of the 15 offers she prepared were still under contract, about half the usual success rate.<br \/>\nIn five or six cases, the buyers backed out.<br \/>\n<a href=\"https:\/\/redfin.com\/about\/san-francisco-real-estate-agents\/jim-holt\">Bay Area agent Jim Holt<\/a> had one client beat out four other offers on a $750,000 home then ask for a $50,000 discount (they settled on a $5,000 discount). &#8220;I saw people go from &#8216;gung-ho&#8217; to &#8216;never mind,&#8217; all in just a few days.&#8221; Another client of Jim&#8217;s who was out-bid\u00a0 shrugged and said, &#8220;It&#8217;s only going to get better for me.&#8221;<br \/>\nAs <a href=\"https:\/\/redfin.com\/about\/boston-real-estate-agents\/alex-coon\">Boston market manager Alex Coon<\/a> noted, one problem has been just coming up with the down-payment, which for most folks means selling already-battered stocks. But Alex also saw buyers who had already crossed the Rubicon hurrying to complete deals before their financing fell apart. &#8220;These cycles work themselves out,&#8221; Alex said. &#8220;But short-term, consumer confidence is shot.&#8221;<img decoding=\"async\" src=\"http:\/\/p1.rfimg.us\/static-images\/images\/agents\/alex_c_sm.png\" width=\"100\" align=\"right\" height=\"140\" \/><br \/>\n<strong>Cash is King<br \/>\n<\/strong>The credit crunch has given financially strong buyers lots of leverage negotiating deals with sellers nervous about financing. &#8220;If you have a 20% down-payment,&#8221; Allie said, &#8220;you can really call the shots.&#8221;<br \/>\nAnd across the board our agents saw a flood of new incentives being offered by builders and banks, either in the form of increased commissions to the buyer&#8217;s agent (4% instead of the usual 3%) or offers to subsidize a mortgage. In San Francisco especially, a lot of the incentives were focused on October deals. &#8220;We&#8217;re talking about big buy-downs,&#8221; Allie said, &#8220;I saw one worth $20,000 just last week.&#8221;<br \/>\n<strong>OK, So What Do You Think?<\/strong><br \/>\nOf course, this is only what we&#8217;ve seen. If you have hair-raising tales of deals getting done or deals going south, or if your plans have changed or remained the same, just leave a comment!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This is the first in a series of real-time, agent-off-the-record\u00a0blog posts on what Redfin agents and market managers are seeing in different markets. We promise to tell it like it is even when the way it is is pretty bad&#8230;\u00a0 Time was, the problem with real estate was too many listings, at unrealistic prices. But [&hellip;]<\/p>\n","protected":false},"author":13210,"featured_media":0,"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":[66,32],"dashboard":[],"coauthors":[],"class_list":["post-591","post","type-post","status-publish","format-standard","hentry","category-company-news","tag-agents","tag-housing-market-tracker"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.7 (Yoast SEO v27.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>&#034;It&#039;s Only Going to Get Better for Me&#034; - Redfin Real Estate News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.redfin.com\/news\/its_only_going_to_get_better_for_me\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"&#034;It&#039;s Only Going to Get Better for Me&#034;\" \/>\n<meta property=\"og:description\" content=\"This is the first in a series of real-time, agent-off-the-record\u00a0blog posts on what Redfin agents and market managers are seeing in different markets. We promise to tell it like it is even when the way it is is pretty bad&#8230;\u00a0 Time was, the problem with real estate was too many listings, at unrealistic prices. But [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.redfin.com\/news\/its_only_going_to_get_better_for_me\/\" \/>\n<meta property=\"og:site_name\" content=\"Redfin Real Estate News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/redfin\" \/>\n<meta property=\"article:published_time\" content=\"2008-10-08T17:31:52+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-07-01T12:52:23+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/p1.rfimg.us\/static-images\/images\/agents\/allie_howard.png\" \/>\n<meta name=\"author\" content=\"Glenn Kelman\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@redfin\" \/>\n<meta name=\"twitter:site\" content=\"@redfin\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Glenn Kelman\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/its_only_going_to_get_better_for_me\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/its_only_going_to_get_better_for_me\\\/\"},\"author\":{\"name\":\"Glenn Kelman\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#\\\/schema\\\/person\\\/e9aeac4a4bba86fdea8b35bc1eee3bf5\"},\"headline\":\"&#034;It&#039;s Only Going to Get Better for Me&#034;\",\"datePublished\":\"2008-10-08T17:31:52+00:00\",\"dateModified\":\"2025-07-01T12:52:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/its_only_going_to_get_better_for_me\\\/\"},\"wordCount\":459,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/its_only_going_to_get_better_for_me\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/p1.rfimg.us\\\/static-images\\\/images\\\/agents\\\/allie_howard.png\",\"keywords\":[\"Agents\",\"Housing Market Tracker\"],\"articleSection\":[\"Company News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.redfin.com/news\\\/its_only_going_to_get_better_for_me\\\/#respond\"]}],\"copyrightYear\":\"2008\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/its_only_going_to_get_better_for_me\\\/\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/its_only_going_to_get_better_for_me\\\/\",\"name\":\"&#034;It&#039;s Only Going to Get Better for Me&#034; - Redfin Real Estate News\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/its_only_going_to_get_better_for_me\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/its_only_going_to_get_better_for_me\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/p1.rfimg.us\\\/static-images\\\/images\\\/agents\\\/allie_howard.png\",\"datePublished\":\"2008-10-08T17:31:52+00:00\",\"dateModified\":\"2025-07-01T12:52:23+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/its_only_going_to_get_better_for_me\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.redfin.com/news\\\/its_only_going_to_get_better_for_me\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/its_only_going_to_get_better_for_me\\\/#primaryimage\",\"url\":\"http:\\\/\\\/p1.rfimg.us\\\/static-images\\\/images\\\/agents\\\/allie_howard.png\",\"contentUrl\":\"http:\\\/\\\/p1.rfimg.us\\\/static-images\\\/images\\\/agents\\\/allie_howard.png\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/its_only_going_to_get_better_for_me\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.redfin.com/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"&#034;It&#039;s Only Going to Get Better for Me&#034;\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#website\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/\",\"name\":\"Redfin Real Estate News\",\"description\":\"The latest real estate news and research from technology-powered residential real estate company, Redfin.\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.redfin.com/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#organization\",\"name\":\"Redfin\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.redfin.com\\\/news\\\/wp-content\\\/uploads\\\/2020\\\/10\\\/Redfin-News-Logo.png\",\"contentUrl\":\"https:\\\/\\\/www.redfin.com\\\/news\\\/wp-content\\\/uploads\\\/2020\\\/10\\\/Redfin-News-Logo.png\",\"width\":1100,\"height\":235,\"caption\":\"Redfin\"},\"image\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/redfin\",\"https:\\\/\\\/x.com\\\/redfin\",\"https:\\\/\\\/www.instagram.com\\\/redfinrealestate\\\/\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/redfin\",\"https:\\\/\\\/www.pinterest.com\\\/redfin\\\/\",\"https:\\\/\\\/en.wikipedia.org\\\/wiki\\\/Redfin\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#\\\/schema\\\/person\\\/e9aeac4a4bba86fdea8b35bc1eee3bf5\",\"name\":\"Glenn Kelman\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2023\\\/06\\\/Glenn-Kelman-150x150.jpgfa7f906af68d26d155312d871c2a0433\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2023\\\/06\\\/Glenn-Kelman-150x150.jpg\",\"contentUrl\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2023\\\/06\\\/Glenn-Kelman-150x150.jpg\",\"caption\":\"Glenn Kelman\"},\"description\":\"Glenn is the former 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.\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/author\\\/glenn-kelmanredfin-com\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"&#034;It&#039;s Only Going to Get Better for Me&#034; - Redfin Real Estate News","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.redfin.com\/news\/its_only_going_to_get_better_for_me\/","og_locale":"en_US","og_type":"article","og_title":"&#034;It&#039;s Only Going to Get Better for Me&#034;","og_description":"This is the first in a series of real-time, agent-off-the-record\u00a0blog posts on what Redfin agents and market managers are seeing in different markets. We promise to tell it like it is even when the way it is is pretty bad&#8230;\u00a0 Time was, the problem with real estate was too many listings, at unrealistic prices. But [&hellip;]","og_url":"https:\/\/www.redfin.com\/news\/its_only_going_to_get_better_for_me\/","og_site_name":"Redfin Real Estate News","article_publisher":"https:\/\/www.facebook.com\/redfin","article_published_time":"2008-10-08T17:31:52+00:00","article_modified_time":"2025-07-01T12:52:23+00:00","og_image":[{"url":"http:\/\/p1.rfimg.us\/static-images\/images\/agents\/allie_howard.png","type":"","width":"","height":""}],"author":"Glenn Kelman","twitter_card":"summary_large_image","twitter_creator":"@redfin","twitter_site":"@redfin","twitter_misc":{"Written by":"Glenn Kelman","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.redfin.com\/news\/its_only_going_to_get_better_for_me\/#article","isPartOf":{"@id":"https:\/\/www.redfin.com\/news\/its_only_going_to_get_better_for_me\/"},"author":{"name":"Glenn Kelman","@id":"https:\/\/www.redfin.com\/news\/#\/schema\/person\/e9aeac4a4bba86fdea8b35bc1eee3bf5"},"headline":"&#034;It&#039;s Only Going to Get Better for Me&#034;","datePublished":"2008-10-08T17:31:52+00:00","dateModified":"2025-07-01T12:52:23+00:00","mainEntityOfPage":{"@id":"https:\/\/www.redfin.com\/news\/its_only_going_to_get_better_for_me\/"},"wordCount":459,"commentCount":0,"publisher":{"@id":"https:\/\/www.redfin.com\/news\/#organization"},"image":{"@id":"https:\/\/www.redfin.com\/news\/its_only_going_to_get_better_for_me\/#primaryimage"},"thumbnailUrl":"http:\/\/p1.rfimg.us\/static-images\/images\/agents\/allie_howard.png","keywords":["Agents","Housing Market Tracker"],"articleSection":["Company News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.redfin.com\/news\/its_only_going_to_get_better_for_me\/#respond"]}],"copyrightYear":"2008","copyrightHolder":{"@id":"https:\/\/www.redfin.com\/news\/#organization"}},{"@type":"WebPage","@id":"https:\/\/www.redfin.com\/news\/its_only_going_to_get_better_for_me\/","url":"https:\/\/www.redfin.com\/news\/its_only_going_to_get_better_for_me\/","name":"&#034;It&#039;s Only Going to Get Better for Me&#034; - Redfin Real Estate News","isPartOf":{"@id":"https:\/\/www.redfin.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.redfin.com\/news\/its_only_going_to_get_better_for_me\/#primaryimage"},"image":{"@id":"https:\/\/www.redfin.com\/news\/its_only_going_to_get_better_for_me\/#primaryimage"},"thumbnailUrl":"http:\/\/p1.rfimg.us\/static-images\/images\/agents\/allie_howard.png","datePublished":"2008-10-08T17:31:52+00:00","dateModified":"2025-07-01T12:52:23+00:00","breadcrumb":{"@id":"https:\/\/www.redfin.com\/news\/its_only_going_to_get_better_for_me\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.redfin.com\/news\/its_only_going_to_get_better_for_me\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.redfin.com\/news\/its_only_going_to_get_better_for_me\/#primaryimage","url":"http:\/\/p1.rfimg.us\/static-images\/images\/agents\/allie_howard.png","contentUrl":"http:\/\/p1.rfimg.us\/static-images\/images\/agents\/allie_howard.png"},{"@type":"BreadcrumbList","@id":"https:\/\/www.redfin.com\/news\/its_only_going_to_get_better_for_me\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.redfin.com\/news\/"},{"@type":"ListItem","position":2,"name":"&#034;It&#039;s Only Going to Get Better for Me&#034;"}]},{"@type":"WebSite","@id":"https:\/\/www.redfin.com\/news\/#website","url":"https:\/\/www.redfin.com\/news\/","name":"Redfin Real Estate News","description":"The latest real estate news and research from technology-powered residential real estate company, Redfin.","publisher":{"@id":"https:\/\/www.redfin.com\/news\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.redfin.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.redfin.com\/news\/#organization","name":"Redfin","url":"https:\/\/www.redfin.com\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.redfin.com\/news\/#\/schema\/logo\/image\/","url":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2020\/10\/Redfin-News-Logo.png","contentUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2020\/10\/Redfin-News-Logo.png","width":1100,"height":235,"caption":"Redfin"},"image":{"@id":"https:\/\/www.redfin.com\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/redfin","https:\/\/x.com\/redfin","https:\/\/www.instagram.com\/redfinrealestate\/","https:\/\/www.linkedin.com\/company\/redfin","https:\/\/www.pinterest.com\/redfin\/","https:\/\/en.wikipedia.org\/wiki\/Redfin"]},{"@type":"Person","@id":"https:\/\/www.redfin.com\/news\/#\/schema\/person\/e9aeac4a4bba86fdea8b35bc1eee3bf5","name":"Glenn Kelman","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2023\/06\/Glenn-Kelman-150x150.jpgfa7f906af68d26d155312d871c2a0433","url":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2023\/06\/Glenn-Kelman-150x150.jpg","contentUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2023\/06\/Glenn-Kelman-150x150.jpg","caption":"Glenn Kelman"},"description":"Glenn is the former 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.","url":"https:\/\/www.redfin.com\/news\/author\/glenn-kelmanredfin-com\/"}]}},"_links":{"self":[{"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/posts\/591","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/users\/13210"}],"replies":[{"embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/comments?post=591"}],"version-history":[{"count":1,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/posts\/591\/revisions"}],"predecessor-version":[{"id":81168,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/posts\/591\/revisions\/81168"}],"wp:attachment":[{"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/media?parent=591"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/categories?post=591"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/tags?post=591"},{"taxonomy":"dashboard","embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/dashboard?post=591"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/coauthors?post=591"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}