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Great purchase. I've done a fair amount of looking at stuff on Redfin and then typing the address into Walkscore for more info. Can't wait until it is integra
by birken 12y ago
Great purchase. I've done a fair amount of looking at stuff on Redfin and then typing the address into Walkscore for more info. Can't wait until it is integrated.
- encoderer 12y agoHonestly, check out Trulia :) Walkscore info is integrated, on top of trulia's significant investment in great mapping, including the "search by commute time" feature that it mentions Walkscore supports as well.
- ChuckMcM 12y agoDoes anyone know if this goes away post acquisition? It seems Trulia and Redfin do compete for the same customers.
- aaronbrethorst 12y agoZillow acquired Trulia, and Zillow and Redfin are absolutely competitors. http://dealbook.nytimes.com/2014/07/28/zillow-to-buy-trulia-for-3-5-billion/?_php=true&_type=blogs&_r=0 http://dealbook.nytimes.com/2014/07/28/zillow-to-buy-trulia-...
- uptown 12y agoZillow is in the process of acquiring Trulia. The deal hasn't closed yet.
- deleted 12y ago[deleted]
- hayksaakian 12y agoThat seems like an important reason why redfin might want to buy them -- exclusivity.
- sharkweek 12y agoThe press release from Redfin makes it sounds like they are happy to still lease out the data for 5k+ requests a month; everything below that being free it seems "Redfin is boosting the number of “calls per day” from 100 to 5,000 before partner companies have to start paying for the data." http://www.geekwire.com/2014/redfin-buys-walk-score-marking-first-acquisition-company-history/ http://www.geekwire.com/2014/redfin-buys-walk-score-marking-...
- gatsby 12y agoAs an ex-Zillow employee, I'm guessing it does go away from Zillow/Trulia at some point, and also, these brands definitely do compete. Zillow/Trulia are media companies trying to connect buyers with brokers who pay them money for advertising. Redfin is a brokerage trying to connect buyers with their own brokers.
- rubyn00bie 12y agoThey shouldn't be competitors-- one is a "portal" and one is a "brokerage." Much of the industry has regulations preventing brokerages from being portals, and vice versa. Redfin is actually competing with the brokers/agents who use Trulia and Zillow. It's an unfortunate issue of Redfin's that they're confusing the public by presenting themselves as both (portal and brokerage). It's more so that they're trying to compete, for some unknown reason, with Trulia and Zillow (Zulia). They definitely are just another brokerage, like Century 21 or Remax and nothing more. Note: I work for Househappy.org so I'm rather well versed on this issue in particular.
- gatsby 12y agoBut they are competitors. They're both competing for home buyers. If a home buyer goes to Redfin and not Zillow, Zillow loses because they monetize on their ability to sell leads to agents. I don't know if I'd call the brokerage + portal thing unfortunate. Zillow/Trulia only control one portion of the home buying process (search/discovery), which isn't necessarily ideal. Most "normal" brokerages have trouble sourcing leads because they have poor websites, so the only way to get leads is with cold calling and networking. Doing a company where lots of leads can be sourced and worked internally by agents that all have lots of great tools and training at their disposal is a different concept, but it's not unfortunate.
- rubyn00bie 12y agoBut they aren't competing... Zillow is an advertising company, selling ads to brokers-- as is Trulia. Neither sells homes, they sell ad space and leads. Redfin is a regional brokerage. It directly lists and sells houses using its brokers. I'm not saying that there isn't merit to the Redfin approach, I quite like it. I just think for the public it's unfortunate as a lot of people assume when they use Redfin its more of a portal than a brokerage. If they want to make their purpose and intent more clear, I think that'd be great.
- gatsby 12y agoI hear you. My comment below: "Zillow/Trulia are media companies trying to connect buyers with brokers who pay them money for advertising. Redfin is a brokerage trying to connect buyers with their own brokers." I agree that it would be nice if Redfin could be more open as a brokerage, but it makes sense to obscure the "we're a brokerage!" message from consumers, because most consumers hate brokers (other than their own broker - who is great!). So I agree that consumers mistakenly think of Redfin like another online portal, but I don't think that the distinction one way or another matters that much. Both Zillow and Redfin put consumers in touch with brokers. (edit: not sure why you're being downvoted - it wasn't me. I'm enjoying our conversation!)
- encoderer 12y agoI doubt it. Redfin is in a limited number of markets, and selling this walkscore data is clearly a good business model.
- mrfusion 12y agoWhere do I do search by commute time? That sounds really useful. I couldn't find it on Trulia's site.
- encoderer 12y agoOn any search result page, for example: http://www.trulia.com/for_sale/San_Francisco,CA http://www.trulia.com/for_sale/San_Francisco,CA Expand the filters and from there you can set a Max Commute Time. Or, under "map view" search, you can add a commute time layer to the map. http://www.trulia.com/for_sale/San_Francisco,CA/map_v http://www.trulia.com/for_sale/San_Francisco,CA/map_v
- pmahoney 12y agoOn thing to keep in mind, if your commute is, say 25 minutes by freeway, it might be 40 minutes in heavy traffic (or collision blocking a lane) with no fast alternate routes. On the other hand, 25 minutes by surface streets will likely have a few routes of similar commute time (shorter distance and slower average speed)
- zaroth 12y agoOK, I want to search by 95th percentile commute time!