Redfin CEO tangles with Zillow and realtor.com at D.C. competition workshop

Other topics from the morning panel included iBuyers and how portals are changing the industry

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Redfin CEO Glenn Kelman compared real estate portals — like Zillow and realtor.com — to a tax on consumers, saying that in some cases, he’s seen agents paying between $5,000-$6,000 a month to portals, costs they pass on in their commissions.