Apps like Robinhood, Zillow, Redfin, offers free services for users and collect people’s interests, and use those to buying stocks, houses before you do …. people, protect your intention/interests from those business when making those financial decisions. The world becomes more and more scary, convenience come with cost Edit: someone mentioned about free apps are all the same. I disagree. I think there are still fundamentally different. One case: you trade your interests with one time convenience, once your give out your data, the value from that data completely on service provider side, you will not have further benefit from the data you shared; in another, what the same is you trade your data with some kind of convenience, what difference is they use your data for their profit while you will continue benefit from the data you provide to the platform , e.g. more relevant information or feed feed back to you or other values
What alternative do you suggest? If I get a realtor he's just going to use those sites for me. And do you think other brokerages aren't collecting as much data as RH?
Honestly facts. I try not to put real data online, but everyone else hands that out for free.
Do you purchase random stocks on Robinhood or look at homes in wrong neighbor hoods to confuse them .. lol
@squidgames lol. Yeah I look at houses I can't afford regularly. What I meant is that for sites like Google, Facebook, Yahoo, etc. I usually try not to use my real name unless I trust them and need it. Same is true for Doordash and Uber Eats, I be on some Tony Soprano shit where I don't use my real name if possible.
Says the one working at LinkedIn 😂😂
Facebook or Twitter or LinkedIn are different, those are not financially directly related. RH, Zillow, Redfin, once you used their feature and become their product, it does not offer any further value back to you. That is not the case for FB, LNKD or TWTT. Sometimes, those are more concern about privacy which people have very different levels of tolerance. Mostly people’d like others know their interests, which will bring more value back to them although users are do part of the product. for example, LinkedIn, you let people know what content/job you’re interested in which will help your career or business. someone mentioned about free app above. there are still fundamentally differently. One case: you trade your interests with one time convenience, once your give out your data, the value from that data completely on service provider side, you will not have further benefit from the data you shared; in another, what the same is you trade your data with some kind of convenience, what difference is they use your data for their profit while you will continue benefit from the data you provide to the platform , e.g. more relevant information or feed feed back to you
That’s a weak defense
I don’t think you know how Zillow works. You definitely don’t know how Redfin works.
Op isn’t wrong on what Zillow and Redfin are doing. Not sure what you think zillows long term business model is
OP indicated that Zillow and Redfin use user data to buy houses “before you do”. They are iBuyers but their whole model rests on them buying the home for less than market price (in exchange for convenience to the seller), and selling it at roughly market price at a small profit. There’s no distortion of the market or leveraging of user data to disadvantage the average person. Robin hood is a different story. I’m not sure what you think Zillow and Redfin are doing
Rules for thee not for me I see
Redfin and Zillow cost much much less than a realtor. Realtors are the real scam.
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You are describing all free apps. Do you think these high tc that people post here comes selling free apps ? If you’re not paying for a product, then you are the product
Every boomer loves saying this cliche shit.
It’s not cliche. It’s the truth about what op is complaining here. What are the other alternatives. Would you pay for an app to see houses for sale ? If not then you are selling your data for the free information .