Comments on: Redfin Lays off 20% of Workforce

By: brian matthews

brian matthews — Thu, 13 Nov 2008 14:09:36 +0000

Let me be the one to cheer, YEEAHH! I was redfinned on a listing where i showed a shlum around for 2 months. He went behind my back and bought a property i introduced him to with Redfin for the commission.

By: Real Estate News » Blog Archive » Redfin Becoming More Traditional

Real Estate News » Blog Archive » Redfin Becoming More Traditional — Thu, 06 Nov 2008 15:51:34 +0000

[...] others in the real estate technology field, Redfin recently laid off 20% of its workforce and is having to shift their strategy to stay above water. The most recent shifts include beefing [...]

By: Top 5 Things I Will Not Be Blogging Bout this Month | national real estate opinion column - agentgenius.com

Fri, 17 Oct 2008 00:32:45 +0000

[...] people compared to other companies … But in the scope of things, who really cares? I read in Benn’s recent post: It is just “Another sign of the times…” [...]

By: Glenn

Glenn — Thu, 16 Oct 2008 22:02:37 +0000

First I am not Glenn Kelman – laying off people is not fun and can be very emotional for both the employer and the employee – I really for the employees.

I fear that the downturn will not take down start-ups but also well established businesses.

By: Jim Gatos

Jim Gatos — Thu, 16 Oct 2008 15:41:22 +0000

Correction; for ALL statuses, my above numbers include rentals.. I tried logging into MLSPIN again but their system is down LOL..

By: Jim Gatos

Jim Gatos — Thu, 16 Oct 2008 15:19:30 +0000

According to MLSPIN.. Since 01/01/06+ Redfin Boston…

123 Sold and closed.. mostly on the buyer side.

15 Sales Pendings

1 Active…

Now…

For Coldwell Banker Worcester Office (Park Ave) Just the Worcester office, not the other surroundiing offices…

Since 01/01/07+ NOT 06, BUT 07

1056 Sold…

78 on deposit.

342 Actives…

I’d hate to see for Redfin’s sake what the numbers would be if I used Boston Area Coldwell Bankers for comparison… or used Worcester since 06…

Honestly, I’m amazed Redfin’s lasted THIS long..

Cynthia, call Coldwell Banker Hdqtrs and ask for Richard Loughlin (President) or Bob Shortsleeve… CBRB’s a great place to work…nothing 100%, but in Mass, CBRB rocks!

By: Chuck G

Chuck G — Tue, 14 Oct 2008 19:57:27 +0000

Ouch…now THOSE are definitely insensitive!! I understand now (I thought you were referring to JD’s and my comments — my bad on that one.)

Competitor or not, those three comments you cited were definitely over the line.

By: Cynthia Pang

Cynthia Pang — Tue, 14 Oct 2008 19:49:03 +0000

@Lani and @Jay Thompson: It has been a tough couple of days, but your very kind words made me smile. I love how the simple act of blogging, commenting and sharing ideas creates friends. Thank you and I hope our paths cross again.

By: Jay Thompson

Jay Thompson — Tue, 14 Oct 2008 17:31:12 +0000

Chuck – my comment was copied over from what I left on the Redfin blog, where comments included:

“Thank you for getting rid of the lazy, weaker employees!”
“Not surprised. You should have fired that ass of a CTO a long time ago.”
“Couldn’t happen to a nicer guy!”

Those are a bit on the insensitive side in my opinion. I don’t know everyone that was laid off at Redfin, but I can assure you that Cynthia Pang for one was neither lazy or weak.

By: Chuck G

Chuck G — Tue, 14 Oct 2008 16:37:44 +0000

Jay,

I don’t think anyone that has commented on this post was either a) cheering or b) insensitive. Honest? Definitely. But we can do without the potshots…