3 ms·
I think what the parent commenter is referring to is Redfin’s (along with Zillow and others) practice of buying homes and flipping them. I thought they stopped
by enumjorge 4y ago
I think what the parent commenter is referring to is Redfin’s (along with Zillow and others) practice of buying homes and flipping them. I thought they stopped that a while ago when they saw where the market was headed though.
- dymk 4y agoIs the problem with home flipping in general, or with Redfin in particular flipping homes?
- dmix 4y agoRedfin over paying for houses seems to be good for homeowners though. If they can't sell them then they'll have to reduce the prices eventually to match the market. The only loser here seems to be Redfin.