Redfin Adds Price Alerts For Home Shoppers

Real Estate start up Redfin just made home shopping a little easier. They’ve added new price alert email notifications via their “Instant updates”. Now instead of waiting for a weekly or daily email, users are notified within 15-30 minutes of any price change to the properties that they are interested in.

Redfin CEO Glenn Kelman, told geekswire.com that in this day in age in real estate timing is everything. He pointed out that 17 percent of listings that debuted on Redfin and then sold, were under contract within three days or less.

“In a world where a Las Vegas chef can now buy a fish caught in the Adriatic before the fisherman has even returned to the harbor, it’s crazy to think that real estate for the most part has run on 1950s-newspaper-time, with one email update in the morning. Instant Updates changes the whole speed of the game.” Kelman told geekswire.com

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