Deprecated Technology

The speaker discusses the deprecated technology 'Redfin Direct,' which allowed unrepresented buyers to make offers on properties without using an agent through a 'Buy It' button. The tool had low adoption rates, especially in competitive markets. Another deprecated technology was 'Redfin Coming Soon,' as MLS quickly adopted a similar 'coming soon' status with additional rules. The speaker suggests issuing a press release when shutting down such tools to communicate learnings. There is hope that 'Redfin Direct' might return in the future to provide an easier way for customers to buy homes without an agent, as currently no company offers a great alternative.