In Atlanta, iBuyers paid buyer's agents 3% in 2019. In the fourth quarter of 2020, that dropped to 2.5%
Glenn Kelman wants Redfin to be a 'beacon for attracting the real estate industry's most diverse talent'
The company also beat revenue expectations set by analysts for the fourth consecutive quarter
Redfin's brokerage website and mobile application will soon display the amount of compensation being offered to buyers' agents on more than 700,000 listings
Will the brokerage of the future truly do it all for buyers? Orchard and Homie took the stage last week at Inman Connect to discuss this and more. Here, watch the entire video as a special Select subscriber benefit
Redfin's Glenn Kelman and Keller Williams' Josh Team forcefully defended their companies' respective approaches to agent employment. Now, watch the entire video as a special Select subscriber benefit.
During an Inman Connect session on Thursday, executives from Homie and Orchard advocated an approach that includes bundling more services under one roof, and treating consumers — not agents — as brokerages' primary customers
During Inman Connect, Redfin's Glenn Kelman and Keller Williams' Josh Team forcefully defended their companies' respective approaches to agent employment
The Zillow CEO tops the annual SP 200, a list of the most powerful people in the industry compiled by T3 Sixty
The chief executives of Zillow, Redfin, Realogy and more predict what's in store for the new year, including industry consolidation and even more technology acceleration
In a notable departure from more common iBuying strategies, Redfin's iBuyer program, RedfinNow, will target homes built after 1930 and costing more than $1M in the 2 cities
Redfin's iBuying program and ancillary services should continue to be important parts of the company's expansion. It'll also have to contend with flashy rivals and a fair housing lawsuit
Redfin Chief Financial Officer Chris Nielsen revealed on Tuesday that the company plans to keep hiring through the early part of 2021 to keep up with strong demand
Morgan Williams, general counsel for the National Fair Housing Alliance, one of the groups that filed the suit against Redfin, said companies will have to be extra cautious about discrimination as technology takes over more work in real estate.
The scorching housing market lifted the nation's largest real estate companies out of their second quarter slumps, according to Q3 earnings calls this week and last week