Matt Goyer’s Real Estate Blog

I’m trying to motivate myself to keep working tonight so here are some blog posts and comments that stand out in the last few days…

Franz Honer, What Can The Real Estate Industry Learn From Detroit?

I tell this story because I see parallels between the hubris of Detroit and the attitudes of the real estate industry today. Detroit wrongly presumed that the full sized cars they’d been building must be the best and only way, the real estate industry is assuming the superiority of the “full service” model without sufficiently considering the idea that consumers may want something different.

For Sale By Owner, 43% of Real Estate Agents Do Less Than 10 Transactions a Year and More Interesting Agent Statistics:

So lets see, 75% of the NAR members who responded to the survey did less than 1.6 transactions a month with a majority of these doing less than one transaction per month.

This clearly represents the majority of real estate agents, the same ones who claim that they are significantly more professional and experienced than the redfin agents. I fairly certain that the redfin agent do more than 1.6 transactions a month. More transactions… equals more experience at handling problems.

Katie commenting on RCG:

This whole discussion is a perfect example of the reason we chose to use Redfin.

My question to Marlow, would she post statistics on another fellow agent? If she says yes, I question her ethics and if she says no, well I’m just tired of agents running around telling me why Redfin won’t work instead of persuading me as to the benefits of using a traditional agent.

I never trust someone to work for me who is trying to sell themselves by putting down the competition in place of standing on their own merits and abilities. The agent we strongly considered as an alternative to Redfin (and someone that I would recommend to sellers and buyers who are having trouble using Redfin) didn’t waste time trying to disparage Redfin, but rather discussed her own strengths, abilities, and track record. She was persuasive- and quite frankly we would have used her had we not been successful with Redfin.

And to those that say that Redfin buyers get the MLS leftovers, well we made our offer the day the house was listed in a multiple offer and three preinspection situation and got it. Just some food for thought.

This entry was posted on Thursday, May 17th, 2007 at 1:57 am and is filed under Redfin. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.