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Redfin.com vs. Realtor.com President Allan Dalton

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Uploaded by on Jan 10, 2007

Allan Dalton, President Realtor.com gives Glenn Kelman, CEO of alternative brokerage firm Redfin a run for his money on stage at Inman Connect in NYC. In typical Dalton fashion, Allan gives Glenn the old one two punch while Brad (Inman) tries to hold him back. Allan landed a few good ones right on the chin, but Glenn held his own. See full clip at www.truliablog.com. Copyright Inman News www.inman.com.

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News & Politics

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  • @etnin They show the buyer they are a good negotiator instead of trying to hustle the bigger dollar from one sale. A good buyers agent is looking for repeat business not the bigger commission check which could lead to failure for his/her career.

  • Sharp as ever, Alan. You've always been 'smarter than the average bear'

  • All realtors are salesmen.  Period. Their only incentive is to maximize their commissions. Why would a buyer's agent EVER try to talk the seller DOWN?

  • YEAH DALTON!!

  • Any given market has price differentials of greater than 3% many much more. If you are working with an honest/local agent you will have good information to make the better choices. 3% is a small amount in the larger picture. Conversely a bad agent will just add another hand in the cookie jar. There is a service aspect to this equasion as well. Lastly the way listing agreements are generally written the listing agent is intitled to the full 6% if you buy a home without your own buyers agent.

  • You think Dalton is a jerk-- you should have a convo with Brad Inman. He is the biggest tool out there!

  • ANYTHING that brad inman is peddling I refuse to buy. He is a liar & we should not be taking real estate advice from this sheister

  • My question is, Does redfin provide any added value in order to justify there 1% of the commission. Is redfin just the middleman in the transaction. A buyer is doing all of the work, and taking all of the risk in the transaction when he or she were to use a redfin agent. Why would a buyer even use a redfin agent if he can save himself the 1% commission. I think redfin is on a wall street venture capitalist funding shopping spree. They might probably go out of business like foxtons.

  • say what you want about real estate agents... we've been around for over a hundred years... if you think it's so easy, then become one... or follow me around for a day I'll show you how easy it is.

  • Exactly my point, I wouldn't buy or sell RE from some one that is incentivized by money to misdirect me.

    I am not an agent-- obviously.

    Felix, obviously you ARE an agent, or else you'd understand how the system works and accept it, instead of trying to convince the public these things are not true.

    Brokers work for profits, not for customers.

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