Redfin Estimate could be inflating the value of certain homes. Joseph Alongi, founder of the low-fee brokerage SoldNest, recently argued that the company has had a big impact over the past few years on rising home prices, according to Inman. He told the publication that Redfin’s estimate would adjust right after the home hit the market and then adjust two or three more times within the first two or three days. He believes user engagement […]
source https://therealdeal.com/2018/10/02/redfin-estimate-might-be-making-homes-more-expensive/
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