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Rainmaker
1,521,016
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Geneva Financial, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

Perhaps Re/Max finally discovered the Redfin business model was a losing proposition from the start?

May 14, 2019 07:17 AM
Rainmaker
521,746
Peter Testa
Nationwide Homes - Danbury, CT
PETER TESTA

Smart move, i wouldn't want to be associated with that company either!

May 14, 2019 07:32 AM
Rainmaker
680,064
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

YUP. And good on Remax.

May 14, 2019 07:41 AM
Rainmaker
2,763,019
Kathleen Daniels
KD Realty - 408.972.1822 - San Jose, CA
San Jose Homes for Sale-Probate & Trust Specialist

I did hear that. It is a good thing when we realize we can change course. 

May 14, 2019 07:19 AM
Rainmaker
1,276,892
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

Yep... good news travels fast!

 

May 14, 2019 07:01 AM
Rainmaker
3,238,865
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

It doesn't appear this was a marriage made in Heaven.  

May 14, 2019 06:58 AM
Rainmaker
732,084
Doug Dawes
Keller Williams Realty - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

No I hadn't and good for them

May 14, 2019 08:12 AM
Rainmaker
1,563,290
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co. Notary Services, retired Realtor

I did not know that Buzz Mackintosh . Thank you.

May 14, 2019 07:54 AM
Ambassador
4,054,055
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

Didnt even know that they got hitched.

May 14, 2019 07:17 AM
Rainmaker
606,780
Carla Freund
Keller Williams Preferred Realty - Raleigh, NC
Raleigh - Cary Triangle Real Estate 919-602-8489

I just read that. Kudos to ReMax for taking a stand. 

May 14, 2019 06:56 AM
Rainmaker
2,971,820
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Yes, I heard and read about it. They should never have gotten married in the first place.

May 14, 2019 08:09 AM
Rainmaker
729,385
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

The "marriage" made zero sense to begin with. Don't know what remax was thinking?

May 14, 2019 06:58 AM
Rainmaker
428,914
Greg Large
ERA Real Solutions - Grove City, OH
A Tradition of Trust

I saw they split but sounded like an annulment to me.

May 14, 2019 08:01 AM
Rainmaker
392,513
Dan Pittsenbarger
Keller Williams Western Realty - Bellingham, WA
Improving Conditions

Hmmm.  I guess I'm out of the loop. I didn't know they were dating.

May 14, 2019 07:18 AM
Rainmaker
4,867,214
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

that was such a bad move to make.... Redfin does nothing in my area...

May 14, 2019 06:57 AM
Rainmaker
1,504,645
Lyn Sims
RE/MAX Suburban - Schaumburg, IL
Schaumburg IL Real Estate

Yep, posted it on AR Peeps yesterday when the CEO sent us all an email.

 

May 14, 2019 11:42 AM
Rainmaker
982,589
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

Temporarily blinded by dollar signs their vision has been restored.

May 14, 2019 08:42 AM
Rainmaker
998,565
Corinne Guest
Corinne Guest, REALTOR® | Barrington Realty Company - Barrington, IL
Barrington Lifestyles

Had not, honestly did not know they had hitched. Short but not sweet. Change is good, this time Redfin made a poor decision without considering ALL the consequences. BIG partner lost.

May 14, 2019 08:32 AM
Rainmaker
743,047
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

That must be some kind of record.

RF, wanting to keep their listing exclusive, perhaps not syndicate, an option made painfully difficult in todays sandbox ,would actually PROTECT the buyer and seller.

REMAX would have NONE of that.

May 14, 2019 07:51 AM
Rainmaker
983,938
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Simple math: $250,000 home take 1% listing fee, no buyer fee. How the coop brokerage will benefit other brokerage.  Most agents here will not work or like to show homes. Show 50 homes get paid $1500..... $30/ home showing....

McDonald pays $18 an hour here now.

May 14, 2019 07:39 AM
Rainmaker
5,262,434
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Yes.

May 14, 2019 07:19 AM
Rainmaker
1,024,052
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

That's great news, thank you for sharing Buzz...

May 14, 2019 03:31 PM
Rainmaker
349,160
Susie Kay
Ultima Real Estate - Plano, TX
North Dallas Specialist

I didn't know. Thanks for the post.

May 14, 2019 01:43 PM
Rainmaker
2,701,663
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Buzz Mackintosh their marriage wasn't a good idea.

May 14, 2019 01:16 PM
Rainmaker
657,174
Chuck Willman UtahHomes.me
Utah Homes - Alpine, UT
Utah Homes

But what about the children?

May 14, 2019 08:29 AM
Ambassador
3,183,884
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

This is one divorce I'm all for!

May 15, 2019 07:19 AM
Rainmaker
357,881
Abby Stiller
REMAX Realty Group - Cape Coral, FL
Professional Bilingual Realtor (239) 284-8637

Yes I heard the good news.

May 14, 2019 12:24 PM
Ambassador
3,912,941
Jeff Dowler, CRS
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude

Yep I heard. It was rather a short marriage it se

May 14, 2019 11:58 AM
Rainmaker
396,474
Katina Hargrove 352-551-0308
Stake Your Land Realty, Inc. - Eustis, FL
Broker/Owner, GRI,SFR, REALTOR®

Buzz, 
I read about it yesterday, what were they both contemplating by getting married.

May 15, 2019 05:44 AM
Rainmaker
3,174,073
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Buzz stop  in and read my post about this subject:)Endre

May 15, 2019 12:03 AM
Ambassador
2,800,580
Anna Banana Kruchten CRB, CRS 602-380-4886
Phoenix Property Shoppe - Phoenix, AZ
Arizona's Top Banana!

Yes that was a marriage that never should have happend. Doomed from the start.

May 14, 2019 03:15 PM
Rainmaker
2,423,272
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

They had a chance at the big bite....and choked on it

May 14, 2019 09:54 AM
Rainmaker
4,310,747
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

No, I don’t keep up with stuff like that

May 14, 2019 09:48 AM
Ambassador
1,611,048
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Doesn't affect me.

May 15, 2019 02:29 PM
Rainmaker
1,477,466
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • Green • GRI • HAFA • PSC Calabasas CA

I did not know they were married.

May 15, 2019 12:40 PM
Rainmaker
382,467
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

I did read this yesterday.

May 15, 2019 10:57 AM
Rainmaker
503,019
AJ Heidmann ~ CRS
McEnearney Associates, Inc. - Alexandria, VA
YOUR Alexandria & Arlington, VA Real Estate Expert

Buzz ~ It looks like one of the biggest cases of "Buyers Remorse" in real estate for Re/Max.  It initially sounded like a plan for more referral for it's agents, but in the end they realized it was all hat and no horse.

May 15, 2019 10:20 AM
Rainmaker
4,019,713
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

I did see that article.

Jun 04, 2019 10:26 AM
Rainmaker
3,165,204
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Divorce happens!

May 17, 2019 04:58 AM
Rainmaker
650,351
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

It must not have yielded the results, financially, that were expected.

May 16, 2019 01:57 PM
Rainmaker
3,063,681
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

I was always confuse why they wanted to partner

 

May 16, 2019 09:07 AM
Rainer
151,884
Don Baker
Lane Realty - Eatonton, GA

well they weren't married in every state anyway

May 15, 2019 08:38 AM