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

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.