{"id":1673,"date":"2007-07-18T11:25:17","date_gmt":"2007-07-18T18:25:17","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=1673"},"modified":"2007-07-18T11:25:47","modified_gmt":"2007-07-18T18:25:47","slug":"make-no-mistake-without-the-thoughtful-dispassionate-accuracy-of-professional-journalists-the-world-itself-would-crumble","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1673\/make-no-mistake-without-the-thoughtful-dispassionate-accuracy-of-professional-journalists-the-world-itself-would-crumble\/","title":{"rendered":"Make no mistake, without the thoughtful, dispassionate accuracy of professional journalists, the world itself would crumble"},"content":{"rendered":"<p>From <a href=\"http:\/\/venturebeat.com\/2007\/07\/18\/redfin-cuts-out-real-estate-agents-raises-another-12m\/\" target=\"_blank\">VentureBeat:<\/a><\/p>\n<blockquote><p>For this, Redfin has been banned [false] from operating in Oregon [false], New Jersey [false] and now Tennessee [false]. Additionally, the site has been fined by the National Association of Realtors [false], which owns the Multiple Listing Service [false], a national database [false] of home listings.<\/p><\/blockquote>\n<p>That&#8217;s two sentences, seven errors of fact.<\/p>\n<p>Redfin can operate all it wants in Oregon, New Jersey and Tennessee. Those states ban commission rebates, which is vicious and wrong, but that doesn&#8217;t forbid Redfin from working there. In general, you will not find Redfin in any market where homes are affordable, because its cost-structure can only work &#8212; if it can work at all &#8212; on high-priced homes.<\/p>\n<p>The second sentence is so rife with errors, I&#8217;m not going to bother trying to fix it. If you want to know what really happened, it&#8217;s here: <a href=\"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=1443\" target=\"_blank\">Defending Redfin: Sweet Digs weblog buried by inane MLS rules<\/a>.<\/p>\n<p>Nevertheless, I am so glad that there are fearless guardians of truth willing to take money for this level of ineptitude. It would be an awful curse if we had to depend for news on people who care about facts and are actually paying attention.<\/p>\n<p>Jeesh!<\/p>\n<p>So as not to be unrelentingly negative: <a href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=20601109&#38;sid=a.Bl_fGxRyoo&#38;refer=home\" target=\"_blank\">Newspapers got some bad news this morning<\/a>, but for-pay journalism is not dead. But if journalists hope to portray themselves as &#8220;trusted professionals,&#8221; they need to catch a clue. The audience <i>in the aggregate<\/i> may net out dumb enough to buy crap like this, but the audience <i>in particular<\/i> contains individuals who know a <i>lot<\/i> more than you do about whatever you happen to be writing about. In the past those people were silenced by circumstance. Now each one of them can stand at the narrow end of an international megaphone. Not coincidentally, the best of the for-pay journalists are becoming webloggers, like John Cook, <a href=\"http:\/\/blog.seattlepi.nwsource.com\/venture\/archives\/118218.asp\" target=\"_blank\">who broke this story<\/a> and who managed to get it right in the first place.<br \/>\n<!-- technorati tags start --><\/p>\n<p style=\"text-align:right;font-size:10px;\">Technorati Tags: <a href=\"http:\/\/www.technorati.com\/tag\/disintermediation\" rel=\"tag\">disintermediation<\/a>, <a href=\"http:\/\/www.technorati.com\/tag\/real estate\" rel=\"tag\">real estate<\/a>, <a href=\"http:\/\/www.technorati.com\/tag\/real estate marketing\" rel=\"tag\">real estate marketing<\/a>, <a href=\"http:\/\/www.technorati.com\/tag\/Redfin.com\" rel=\"tag\">Redfin.com<\/a><\/p>\n<p><!-- technorati tags end --><\/p>\n","protected":false},"excerpt":{"rendered":"<p>From VentureBeat: For this, Redfin has been banned [false] from operating in Oregon [false], New Jersey [false] and now Tennessee [false]. Additionally, the site has been fined by the National Association of Realtors [false], which owns the Multiple Listing Service [false], a national database [false] of home listings. That&#8217;s two sentences, seven errors of fact. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4,6,5,27],"tags":[],"class_list":{"0":"post-1673","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-disintermediation","7":"category-marketing","8":"category-real-estate","9":"category-redfincom","11":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":1820,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1820\/redfin-lessons-in-how-not-to-succeed\/","url_meta":{"origin":1673,"position":0},"title":"Redfin: Lessons in How NOT to Succeed","author":"Jeff Kempe","date":"August 18, 2007","format":false,"excerpt":"No apologies for the topic. As many problems as exist in the real estate industry -- many more than the practiced elites would like to acknowledge, many fewer than the bubbleheads need to satisfy their tantrums -- Redfin has made itself a prominent example of how not to improve things.\u2026","rel":"","context":"In &quot;Marketing&quot;","block_context":{"text":"Marketing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/marketing\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1083,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1083\/thinking-skeptically-to-rain-on-redfincoms-parade\/","url_meta":{"origin":1673,"position":1},"title":"Thinking skeptically to rain on Redfin.com&#8217;s parade . . .","author":"Greg Swann","date":"February 26, 2007","format":false,"excerpt":"I'm not a Jesuit, but I play one on BloodhoundBlog. The real truth is, I'm a roll-your-own Jesuit, more auto-didact than anything. I didn't have Brian Brady's inestimable advantage of having had the gift of reason literally pounded into me. Instead, I had to stuff it between my own ears\u2026","rel":"","context":"In &quot;Blogging&quot;","block_context":{"text":"Blogging","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/blogging\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":17949,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/17949\/overnight-news-what-are-primarily-black-neighborhoods-and-how-do-they-overlap-with-redfins-redlining\/","url_meta":{"origin":1673,"position":2},"title":"Overnight News: What are \u201cprimarily black\u201d neighborhoods? And how do they overlap with Redfin\u2019s\u00a0redlining?","author":"Greg Swann","date":"March 9, 2021","format":false,"excerpt":"I've been meaning to mock Glenn Kelman and Redfin for its commissions hypocrisy, so forgive me my diversions: Redfin, a national real estate brokerage currently under investigation for undeniable anti-black disparate-impact redlining, is today making claims about primarily black and primarily white neighborhoods \u2013 the latter type being where you\u2026","rel":"","context":"In &quot;Group Therapy&quot;","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"Ya think it's easy?","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":18267,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/18267\/overnight-news-redfin-produces-study-demonstrating-that-black-would-be-homeowners-make-substantially-poorer-choices-blames-racism\/","url_meta":{"origin":1673,"position":3},"title":"Overnight News: Redfin produces \u201cstudy\u201d demonstrating that black would-be homeowners make substantially poorer choices \u2013 blames\u00a0racism.","author":"Greg Swann","date":"June 29, 2021","format":false,"excerpt":"I would dearly love it if some impresario would put me on a stage with Redfin CEO Glenn Kelman, so we could discuss his strategy of race piracy as a business plan. As discussed, I find the bigotry repellent, not the least because, as with every other Black Lives Mattering,\u2026","rel":"","context":"In &quot;Group Therapy&quot;","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"Ya think it's easy?","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":1422,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1422\/60-minutes-delivers-400-hits-in-sixty-minutes\/","url_meta":{"origin":1673,"position":4},"title":"60 Minutes&#8217; Redfin.com story delivers 400 hits in 60 minutes flat . . .","author":"Greg Swann","date":"May 13, 2007","format":false,"excerpt":"Who says the old media is dead? In the hour just ended, Redfin.com's Real Estate Consumer's Bill of Rights: A wolf in sheepskin clothing had over 400 hits from organic search. Just think what might happen if the NAR made reasoned arguments instead of trying to club reality into shape\u2026","rel":"","context":"In &quot;Blogging&quot;","block_context":{"text":"Blogging","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/blogging\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":17439,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/17439\/overnight-news-coattails-without-the-coat-not-plausible\/","url_meta":{"origin":1673,"position":5},"title":"Overnight News: Coattails without the coat? Not\u00a0plausible.","author":"Greg Swann","date":"November 6, 2020","format":false,"excerpt":"Odysseus told you Wednesday what to look for: Voting only for President, only for Biden. Same pattern in many fraud-states: Too many ballots to fake. The specific voters being disenfranchised are urban Ants \u2013 wise enough to know better, unable to escape. That's how much any lives matter to the\u2026","rel":"","context":"In &quot;Group Therapy&quot;","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"Ya think it's easy?","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg?resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/1673","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=1673"}],"version-history":[{"count":0,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/1673\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=1673"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=1673"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=1673"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}