Is Zillow owned by the Realtors? Because otherwise I don’t understand why Zillow doesn’t just fill the space here.
Probably the TurboTax or Rocketlawyer of real estate where pretty much everything is automated for a super low commission and then there options to pay more to interact with a licensed person in your state for questions or something or they subcontract out to see who will charge the least to open the house for open house or whatever like Uber/Doordash.
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How similar is this to Redfin? (I feel like some parts of this overlap with what they do but I’m not sure how their relationship with realtors works)
I’m not sure, it might be exactly Redfin
I’m sure we must have some credit card experts here:
Is this a snap-call? $60 annual fee basically for 3% cash back with no points bullshit?
So it’s a 3 percent cash back card with a $60 annual fee? Yeah sounds pretty good, how much do you want to bet that 3 percent rate doesn’t last long? Still though, I see no downside to getting it now so long as you can cancel robinhood gold without a penalty if they drop the rate.
Edit: 2 percent free cash back cards are pretty plentiful right now so you need to be spending enough annually on credit card payments to justify the $60 to get the extra 1 percent. You’d therefore need to be well North of $6,000 a year in credit card spend to make this work, so that analysis needs to be part of it. On the other hand, if you’re Robinhood Gold anyway, then it’s a snap call.
Yeah this would replace my 2% card. Which I only use when I don’t have a category card offering higher. And I have cards that are always higher for groceries, restaurants, gas, travel, and Amazon. That’s before considering rotating categories. Although most large purchases fall outside categories so it’s still not hard to have $6k/year in annual spending on my 2% card. Not enough higher to motivate me to change though, especially for robin hood.
Yeah. My difference though is I day care and camp goes on the 2 percent card so that alone is more than enough.
I feel kinda inherently skeptical of Robinhood (despite using their brokerage a little bit) I’m just going to hope this pressure some others to improve benefits or add more bonus categories or whatever
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They basically gave away free stock to get people to sign up for the brokerage account, this tells me they’re failing in that regard (their earnings data supports this) and looking for other ways to generate revenue.
I signed up for the free shares and they never gave me a reason to put any real money there. Don’t see this lasting or being good either.
I thought the credit card industry charges merchants somewhere around 2.5-2.8% on average so it makes it hard to understand how 3% cashback would be sustainable. I am anyway going to spend some time deciding if it’s worth the effort to switch
Yup, I think 2.9% is the maximum so they’re losing money on every transaction with this offer.
they also charge interest
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I’m guessing their interest will be lower than the average credit card lender, given the types of customers this offer is likely to attract. It’ll be interesting to see in future earnings reports.
Actually, anyone know if they’re actually the lender or if they’re partnering with someone? I would guess they’re not actually lending?
The Costco Citi card gives 4% on gas and 3% on travel and restaurants. My weighted average cashback on the card is north of 3%, and I expect this is one of the more popular cards in the US.
I be surprised if a 3% cashback card with an annual fee is just a sure loss leader.
Ugh, Wealthfront takes 3-4 days to buy or sell stock. Damnit, now I have to move it.
The credit card rewards thing kinda interesting psychology, we been using our chase card bc it counts online ordered but we pickup groceries in the same bonus category as DoorDash/instacart/etc so get a good percent on that and we have settled in a routine of using chunk of the points on an anniversary weekend trip each year which is fun and something exciting about using the points.
Feels like even if I a got an extra couple hundred dollars out of another one I’m not sure it would make me happier than doing the travel one, obviously could ear mark the money or something but doesn’t feel same
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So, the transmission on my 10 year old Mazda is dying. It still drives. It still shifts, but the transmission specialists I took it to a couple days ago diagnosed it as a failed pignon bearing, an issue that seems to be a frequent issue with this model. Without repair, it’ll eventually grind itself to catastrophic failure.
To make matters worse, replacement parts as well as replacement whole-transmissions are on back order til at least December. The shop advised me that a Mazda dealer might have some on hand that they aren’t selling to 3rd party shops, but there’s no guarantee that is true. Junkyard shopping might only turn up troublesome transmissions. We have another car and can probably get by on one through the summer, but that may not be true when school starts up in the fall.
Thus, it’s probably new car time. What to buy is its own project, but what do you think about how to maximize whatever value is left in this car? Trade in a wounded beast? Hold on to it until it could be repaired and then sell? The guy at the transmission shop thought I could browbeat a dealership that can’t repair their own cars in a timely fashion into a good deal on a new one, but I am not sure I want another Mazda (or even a gas powered car) at this point. Ideas?
Is the issue profound enough that it’ll easily be sussed out by dealer dipshits looking to value a trade?
Probably. It manifests as a light grinding sound when you take your foot off the accelerator