Redfin to fund mortgages for buyer customers

  • Redfin will launch a lending arm in Texas later this year.
  • The brokerage hopes to integrate this mortgage shop into its existing brokerage and title businesses to a level that's unmatched in the industry.
  • Redfin will try to do this by employing a shared technology platform for the businesses, compensation based partly on customer satisfaction, and an exclusive focus on Redfin customers.

The premier event for luxury agents and brokers
Luxury Connect | Oct. 16-18 | Beverly Hills

No matter how talented a real estate agent might be, she sometimes may watch helplessly as a loan officer screws the pooch. After years of research and development, Redfin will soon try to change that.