The revolution has begun. A new era of real estate practice is emerging, the "buyer rebate", and in the next few years this will inevitably become the status quo. Real estate agencies using this new practice include GOTeHomes, Zip Realty, Redfin, Buyside Realty, and Catalist Homes. A number of news articles and TV news features have begun reporting on this paradigm shift. See the links below for a few of these articles and TV specials.

 
 
Redfin Shaking Up the Real-Estate Industry
May 8, 2007
Meet the Seattle CEO real estate agents want to drive out of town. And, as Saint Bryan investigates, it's all because he's trying to save you money
 
Online Realtors Saving Home Buyers Money On Purchases
Feb. 8, 2007
10News Digital Correspondent Kyle Majors shows how online brokers are helping people purchase homes without dealing with commissions.
 
KRON4 "Real Estate Update"
July 20, 2006
San Francisco's KRON TV reporter Maureen Kelly speaks to a pair of homebuyers taking advantage of Redfin's commission rebate, and to another buyer who prefers a more traditional approach to house hunting.
 
Getting Money Back on Your Home Purchase
April 8, 2006
ABC7 Consumer Specialist Ric Romero reports on the new concept of "buyer rebate" being used by emerging real estate companies Buyside Realty, Redfin, and ZipRealty. 

 
 

August 5, 2007


Putting Brokers Out of Commission
Entrepreneurs of new online home loan sites say their systems are better aligned with consumer interests.

June 8, 2007


New Highs for Low Fees
Buyers using firms like BuySide and Redfin are feeling happy about pocketing cash that used to be the Realtor's.

March 18, 2007


Real Estate's New Frontier
Redfin, an online brokerage, is challenging the status quo -- and upsetting an industry.

February 25, 2007


Attention Discount Shoppers: Find a Home Online and Save
Almost 80% of home buyers start their searches online, according to the National Assn. of Realtors, and 24%...

February 24, 2007


Redfin Revolution: In Competitive Real-Estate Industry, Redfin Model is Working
If it's true that revolutions are built one person at a time, then Scott Davis is a revolutionary.

February 8, 2007


New Home Economics; Challenging the Commission System, Web Real Estate Firms Are Giving Rebates to Buyers Who Hunt for Houses on Their Own.
Entrepreneur Glenn Kelman's Redfin collaborates with hands-on home buyers and rebates some of their purchase...

November 11, 2006


New Math On the Old Commission
Sellers scrutinize the value of regular brokers' services. This Silver Spring family decided paying a traditional...

May 7, 2006


For Sale by Internet
The dot-com boom has reached the real estate world. Finally.

April 11, 2006


A Fresh Attack On the 6% Commission
New real estate brokers are starting to chip away at commissions in the form of buyer's rebates.

April 5, 2006


Real-Estate Brokers Step Up Rebates to Home Buyers
A growing number of brokers are....giving most of their commissions to buyers.

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