A way to revolutinize real estate sales?

RedFin is a new tool that may just revolutionize real estate sales. Their approach is to completely cut out the middleman by making brokers obsolete. That sound you heard? That was millions of brokers screaming in panic.

They're well-funded and expanding, and the idea appears to be catching on. They will represent consumers in a sale and have a bank of real estate agents that work for the company hanging around for your call. You can browse through MLS listings on their site and compare previous sales to see if you're getting a good deal.

While it's a neat concept, it could be a mixed blessing for the real estate world. Only time will tell - this venture will either change the entire structure of how real estate transactions are conducted, or it will fizzle out and die unforgotten. Which do you think will happen?