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1. Redfin's compensation practices are unusual for the real estate industry. Related to this: a. Consider Redfin's compensation for agents on the buy side. Explain
1. Redfin's compensation practices are unusual for the real estate industry. Related to this: a. Consider Redfin's compensation for agents on the buy side. Explain why Redfin's management might have chosen to base bonus compensation on the home's asking price, rather than the ultimate selling price. b. Redfin provides agents with variable bonuses based on customer satisfaction scores. Do you think Redfin agents generally support this element of the compensation structure? Why or why not? Do you think that compensating agents based on satisfaction could have some unintended, or at least unwanted, effects on agents' behavior? c. Redfin could make agents incur some of the cost of using coordinators, who help with scheduling and paperwork. For example, agents who rely heavily on coordinators could have a bonus reduction, consistent with the idea that these agents are imposing additional costs on the firm. Would you recommend such an adjustment
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