Another twist in '60 Minutes' real estate saga

Beau Betts, a real estate agent for John L. Scott Real Estate in Lynnwood, Was., wrote a blog post this week about a property originally listed by Seattle-based brokerage company Redfin that is now listed for sale by Deborah Arends, a Realtor for RE/MAX Northwest Realtors in Seattle.

Betts stated in the blog that he "started laughing" when he discovered this information in the multiple listing service -- Redfin and Arends had both been featured in a "60 Minutes" television program segment that focused on commission practices in the real estate industry. The program focused on Arends as an example of a traditional full-service agent and Redfin as an example of an innovative high-tech real estate company that offers a low-cost alternative to some other real estate companies.

The home originally was listed on the MLS with Redfin about four months ago and was re-listed with Arends this month, Betts said. Arends was not available for comment. Betts titled the blog post: "Redfin vs. Deborah Arends." Redfin CEO Glenn Kelman said it's important to protect client privacy in such matters, and Redfin has no beef with Arends. "The client had very particular needs. We actually endorse Deborah for this particular situation. We've never pretended that we're the best service for every type of client."

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