Thursday, May 09, 2019

Redfin Aims to Bring E-Commerce to Home Buying | NYT

"It’s 2019. People want to buy things online." -- home edition
"Redfin, the Seattle-based real estate brokerage, is starting a program that lets house hunters bid on properties directly through its website. The move aims to bring online shopping to a business dominated by attending weekend open houses and driving around with agents.

The company recently tested the program in Boston and now plans to extend it in stages across the country. It is the latest sign that technology companies are encroaching on the decidedly low-tech world of real estate sales.
[...]
Real estate agents’ groups will be watching to see whether Redfin’s competitors introduce similar programs. At stake is the roughly $110 billion a year in commissions generated by home sales."
Redfin Aims to Bring E-Commerce to Home Buying | NYT

1 comment:

  1. I do not know exactly how this will work. After all, for example, Bitcoin is very difficult to control, and many purchases go through it every day. You can learn more about Bitcoin from here on https://bitcoinbestbuy.com/what-is-bitcoin/ where there is a lot of useful information.

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