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July 26, 2006

If You Liked "Mr. Smith Goes to Washington" ...

Peter Coy

... you'll love Glenn Kelman's account of his trip to Washington to testify on behalf of free enterprise in the real estate business.

Kelman runs Redfin, an online real estate brokerage based in Seattle and San Francisco. The congressmen were almost uniformly pro-Realtor and punched him around like a weight bag in a gym. The inquisitors didn't seem greatly concerned with consistency in their line of questions. He got, "If you're service is so great, why isn't your business bigger?" as well as, "Since you're not out of business, how could you complain?" Here's the link.

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