The tech-centric brokerage had furloughed 41% of its agents amid the economic woes of the coronavirus pandemic
Redfin is returning to homebuying immediately, while Zillow says a return is likely within a few weeks
The company raked in $191 million during the first quarter of 2020 despite economic chaos from the coronavirus
Bob Mylod will remain on Redfin's board of directors, with David Lissy stepping into the role of chairman
The company announced it's also laying off 7% of its staff in an SEC filing
Founded in 2019, Durable Capital Partners is run by former T Rowe Price investment manager Henry Ellenbogen. 'In chaotic times, he understands our long-term commitments to our culture and our technology,' Redfin CEO Glenn Kelman said
Redfin CEO Glenn Kelman will take no salary for the rest of 2020 to help offset some of the cost
CEO Glenn Kelman also said during the latest episode of Inman's Daily Dispatch podcast that his company continues to see strong traffic and that real estate will recover
Redfin President of Operations Scott Nagel said he doesn't think the ongoing coronavirus outbreak will immediately drive down home prices
RedfinNow, the direct-to-consumer homebuying and selling platform, will not be buying homes for the near future, CEO Glenn Kelman confirmed in a letter to shareholders
CEO Glenn Kelman: 'The whole industry has been talking about going virtual for a decade'
CEO Glenn Kelman published a blog post detailing what Redfin is doing to serve worried buyers and sellers in COVID-19 impacted areas
Companies both old and new are racing to build platforms that handle more of the real estate transaction. Agents will have to adapt to survive
Aimed at sellers of properties worth $1M or more, Redfin Premier offers full-service marketing with an international reach
Glenn Kelman said Wednesday that supply shortages, once limited to places like San Francisco, have spread. And that means competition for homes will be intense this year