Sam Shueh, mba, cdpe, reopro, pe (   (408) 425-1601)

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Rainmaker
3,641,775
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Amazing how wall street creates value and companies have no profit!

Jul 28, 2017 01:31 PM
Rainmaker
813,014
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

A lot of times though, much-hyped stocks take off like a rocket and then sink like the Titanic. It remains to be seen how much steak is behind that sizzle.

Jul 28, 2017 12:17 PM
Rainmaker
3,680,062
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

I knew about the bell ringing on Wall Street this morning...for whom it tolls remains to be seen(or heard).

Jul 28, 2017 02:44 PM
Ambassador
2,304,926
Belinda Spillman
Aspen Lane Real Estate Colorful Colorado - Aurora, CO
Colorado Living!

Interesting.  They are making a presence in my market now.  Took them a while.

Jul 28, 2017 12:58 PM
Rainmaker
1,619,355
Lyn Sims
RE/MAX Suburban - Schaumburg, IL
Schaumburg Real Estate

Why should I care?

Jul 28, 2017 12:54 PM
Rainmaker
5,393,001
Barbara Todaro
RE/MAX Executive Realty - Retired - Franklin, MA
Previously Affiliated with The Todaro Team

stock market was never my focus....only buying real estate.... one more house to sell and then I'll no investment property.... just the roof over my head!!  that's all I want.

Jul 28, 2017 02:48 PM
Ambassador
3,007,454
Anna Banana Kruchten Arizona's Top Banana!
HomeSmart Real Estate BR030809000 - Phoenix, AZ
602-380-4886

I did know this thanks to Jon Kolsky post that he wrote today.

Jul 28, 2017 12:27 PM
Ambassador
4,761,676
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

I suspect that the shine will fade and the price will mellow soon.

Jul 29, 2017 04:26 AM
Rainmaker
3,499,651
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Had no idea. Then again IPO are often sold at ridiculous prices.

Jul 29, 2017 04:00 AM
Rainmaker
1,050,732
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

I wouldn't put "any stock in Redfin's model".

Jul 28, 2017 07:57 PM
Ambassador
3,985,307
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

I saw that come acoss my feed. I am not in the market to buy.

Jul 28, 2017 07:55 PM
Rainmaker
3,061,531
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Sam Shueh Majority of stocks jump on the first day, then drop after a few days.

Jul 28, 2017 03:53 PM
Ambassador
2,469,292
Fred Griffin Tallahassee Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

Buy low, sell high.

Jul 28, 2017 03:49 PM
Rainmaker
2,558,450
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Thats what is going on with all these...They want to make their killing and cash-out. 

Jul 28, 2017 03:05 PM
Ambassador
1,706,708
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

It is a stock that I would also sell quickly. I am not a long term believer.

Jul 28, 2017 02:52 PM
Rainmaker
526,160
Dave Halpern
Keller Williams Realty Louisville East (502) 664-7827 - Louisville, KY
Louisville Short Sale Expert

Whatever is going on, the real estate brokerage model is changing and will never be the same. Better or worse for end-consumers? We don't know yet. Better or worse for Realtors? It will be better for some Realtors, worse for others.

Better or worse for end-consumers? We don't know yet.

Better or worse for Realtors? It will be better for some Realtors, worse for others.

Better or worse for real estate litigation attorneys? Better for them. The number of unrepresented end-consumers or poorly represented end-consumers will increase, causing transactions to crash before or after closing, causing more litigation.

Jul 28, 2017 02:43 PM
Rainmaker
3,184,487
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

I got my first call here in NH. Don't tell the investors, but consumers LOVE good service, this is not fast food. 

Jul 28, 2017 02:28 PM
Rainmaker
466,544
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

It will be interesting to watch how they do on the public market.

Jul 28, 2017 02:22 PM
Rainmaker
3,488,575
Richard Weeks
Dallas, TX
REALTOR®, Broker

I saw that earlier.

Jul 28, 2017 11:57 AM
Rainmaker
2,887,096
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

That bell will not be tolling for me.  Not what I would invest in.

Jul 29, 2017 09:09 AM
Rainmaker
4,798,831
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I'm not following them.

Jul 29, 2017 06:39 AM
Ambassador
4,306,997
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Sam Shueh - yes, and as Michael Jacobs said - for whom the bell tolls...!

Jul 28, 2017 10:34 PM
Rainmaker
1,506,571
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • Green • GRI • HAFA • PSC Calabasas CA

I'm not a fan of the company, so no good wishes from me. But every business needs to do what they need to do to make money. Things will never be the same. 

Jul 28, 2017 10:10 PM
Rainmaker
3,985,581
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Many speculators hoping for a quick buck.  Soe will find it.

Jul 28, 2017 09:29 PM
Ambassador
3,721,980
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

All I worry about is today, my Altria stock took nearly a 10% DIVE!!  Glad I'm not cashing out anytime soon!

Jul 28, 2017 03:56 PM
Rainmaker
4,926,446
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Sam,

Thanks for letting us know. A

Jul 28, 2017 03:11 PM
Rainmaker
1,356,571
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Jul 28, 2017 02:48 PM
Rainmaker
148,407
Esther Preston
Heartland Realty - Redmond, OR

Will be interesting to watch what happens with it . I'm not a buying!

 

Aug 04, 2017 07:12 AM
Rainmaker
4,387,720
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

I don't watch Redfin's stock.

Jul 31, 2017 09:43 AM
Rainmaker
1,307,202
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Took off like a rocket, but will that rocket go like the Space Shuttle (not Challenger), or will it crash and burn like one of little kimmy's "nuclear warheads."

Jul 29, 2017 05:38 PM
Rainmaker
1,592,646
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Lend Smart Mortgage, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

It will take a nosedive once investors realize they have bought a dead horse that doesn't post any profits

Jul 29, 2017 11:15 AM
Rainmaker
3,480,496
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

That normal for the first hour for most companies.

 

Jul 29, 2017 09:39 AM
Rainmaker
5,890,764
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Thanks for sharing this information.

Jul 29, 2017 06:23 AM
Rainmaker
3,066,356
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Wayne Martin nailed this one!

Jul 29, 2017 05:18 AM
Rainmaker
4,432,941
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

No.

Jul 29, 2017 04:50 AM
Ambassador
3,306,363
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

I didn't know that...

Jul 28, 2017 09:41 PM