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This Week in Startups

Glenn Kelman on Market Trends, Home-Buying Hacks and Redfin Insights | E1871

This Week in Startups

Jason Calacanis

Technology

4.2 • 1.4K Ratings

🗓️ 27 December 2023

⏱️ 39 minutes

🧾️ Download transcript

Summary

This Week in Startups is brought to you by… Lemon.io - Hire pre-vetted remote developers, get 15% off your first 4 weeks of developer time at https://www.Lemon.io/twist

Squarespace. Turn your idea into a new website! Go to https://www.Squarespace.com/TWIST for a free trial. When you’re ready to launch, use offer code TWIST to save 10% off your first purchase of a website or domain.

OpenPhone. Create business phone numbers for you and your team that work through an app on your smartphone or desktop. TWiST listeners can get an extra 20% off any plan for your first 6 months at https://www.openphone.com/twist

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Today’s show:

Redfin’s CEO Glenn Kelman joins Jason to discuss essential tips for entering the market (4:55), hacking the system with concepts like “developer homes” and “accessory dwelling units” (22:55), finding happiness and success within simpler goals (28:40), and more!

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Timestamps:

(0:00) Glenn Kelman, CEO of Redfin, joins host Jason.

(2:13) Residential Real Estate Market: Current Trends and Analysis.

(4:55) First-Time Home Buyers: Essential Tips for Entering the Market.

(8:28) The dire need for building homes and other creative solutions to the housing crisis.

(10:21) Lemon.io - Get 15% off your first 4 weeks of developer time at https://www.Lemon.io/twist

(11:46) Looking at solutions for loans for builders and embracing the novel idea of taxing unused land.

(17:06) The second home phenomenon and it’s impact on the overall market.

(21:24 ) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://www.Squarespace.com/TWIST

(22:55) Hacking the system with concepts like “developer homes” and “accessory dwelling units”

(25:31) Redfin’s success and Glenn learning about what really matters to their customers.

(28:40) Simplifying your business and getting rid of side quests.

(32:27) OpenPhone - Get 20% off your first six months at https://www.openphone.com/twist

(33:55) Remote Work Dynamics: Measuring Productivity and Sustaining Company Culture.

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Check out Redfin: https://www.redfin.com/

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Thanks to our partners:

Lemon.io - Get 15% off your first 4 weeks of developer time at https://www.Lemon.io/twist

Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://www.Squarespace.com/TWIST

OpenPhone - Get 20% off your first six months at https://www.openphone.com/twist

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Articles and Links from this episode:

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Glenn’s Past Episodes on TWiST:

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Follow Glenn:

X: https://twitter.com/glennkelman

LinkedIn: https://www.linkedin.com/in/glennkelman

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Follow Jason:

X: https://twitter.com/jason

Instagram: https://www.instagram.com/jason

LinkedIn: https://www.linkedin.com/in/jasoncalacanis

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Great 2023 interviews: Steve Huffman, Brian Chesky, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland

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Check out Jason’s suite of newsletters: https://substack.com/@calacanis

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Follow TWiST:

Substack: https://twistartups.substack.com

Twitter: https://twitter.com/TWiStartups

YouTube: https://www.youtube.com/thisweekin

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Subscribe to the Founder University Podcast: https://www.founder.university/podcast

Transcript

Click on a timestamp to play from that location

0:00.0

People are age, own house and have seen it appreciate like crazy, but there's another group where the

0:06.0

latter got pulled up at just the wrong time and it's creating all sorts of discontent.

0:10.8

People wonder why this Tik-Tok generation has bad vibes about the economy.

0:14.4

Well you would too if you were sleeping on your parents couch, if you couldn't even have

0:19.3

anyone over, how are you ever going to get married? So it's a real problem for American society that we don't have enough houses. We're about five million short.

0:29.0

This weekend startups is brought to you by Lemon.io.

0:33.5

Need to speed up your product development without draining your budget.

0:36.5

hire vetted engineers from Europe at lemon dot I.

0:40.0

Go to Lemon.io slash Twist to get 15% off for the first four weeks.

0:45.0

Squarespace turn your idea into a new website.

0:48.0

Go to Squarespace.com slash twist for a free trial.

0:52.0

When you're ready to launch, use offer code Twist to save 10% off your first purchase of a website or domain.

0:58.0

And open phone brings your team's business calls, texts, and contacts into one delightful app that works anywhere.

1:05.8

Get 20% off your first six months at openphone.com slash twist.

1:11.0

It's time for another appearance of my guy, Glenn Kelman. He is the president CEO of Redfin since 2005.

1:18.0

We've been friends for decades. And this is his fifth appearance here on this week in startups.

1:23.4

He gets the five timer jacket.

1:25.3

That's in the mail, Glen.

1:26.2

Welcome back to the program.

1:28.1

I can't wait to wear my jacket.

1:30.1

It's a pretty gray jacket.

1:31.0

Yeah, it's, you know, D'Rani, Zanya Fabric, it's pretty nice.

...

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