Friday, May 18, 2007

Redfin Real Estate fined days after appearing on 60 minutes segment

By now you might have heard about the controversial 60 Minutes segment that aired this past Sunday that examined how online real estate brokerages are impacting the real estate industry. It turns out Redfin, one of the companies that was interviewed for the segment, was fined $50,000 big ones for violating its local MLS rules. Redfin claims they were not trying to “stir the pot”. I think they were trying to stir the pot. IJS

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