The Real Word: What’s up with Redfin’s estimate tool?

Byron Lazine and Nicole White are two agents in Connecticut who give us their thoughts on the week’s news every Friday in “The Real Word,” a weekly video column on Inman.

Watch Byron Lazine and Nicole White give a real estate agent’s perspective on industry-related topics. This week, they discuss Redfin’s estimate tool. Has the valuation tool contributed to rising home prices?

This week on “The Racket”:

• Jay Thompson has returned — should he?
• Crazy real estate agent confessions
• Teach me how to Duffy (it only cost this broker $50,000 to recreate)