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Redfin was founded in 2004 by David Eraker, Michael Dougherty, and David Selinger. Eraker had dropped out of medical school at the University of Washington for a career in software design and Dougherty received degrees in electrical engineering and international studies from Yale University.
A multiple listing service (MLS, also multiple listing system or multiple listings service) is an organization with a suite of services that real estate brokers use to establish contractual offers of cooperation and compensation (among brokers) and accumulate and disseminate information to enable appraisals.
Real estate agent commissions have barely budged since NAR settlement rules took effect in August. ... Redfin Premier agent Juan Castro said buyer's agent compensation of around 2.5% is still ...
Flat-fee multiple listing service or flat-fee MLS refers to the practice in the real estate industry of a seller entering into an "à la carte service agreement" with a real estate broker who accepts a flat fee rather than a percentage of the sale price for the listing side of the transaction.
A display showing images of Alon, Oren, and Tal Alexander prior to a news conference in New York, US, on Wednesday, Dec. 11, 2024. Luxury real estate brokers Oren and Tal Alexander and their ...
In 2022, the real estate listing company Redfin agreed to pay $4 million to settle a lawsuit alleging that its policy of requiring homes they listed be above a minimum price had an illegal ...
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