Redfin sees Q2 revenue rise, while losses remain nearly flat
The company's earnings report saw revenue climb 7% to $295.2M between April and June, but it also lost $27.9M — just a hair above its Q2 2023 loss
by Jim Dalrymple II Aug 6
Can Kevin Sears put NAR back on a firm footing? The Download
NAR President Kevin Sears sat down at ICLV with Clelia Warburg Peters to talk about the trade group's past and future, including a return to advocacy and transparency
by Christy Murdock Aug 3
Average buyer's agent commission has fallen since NAR settlement
Redfin's latest report revealed the average buyer's agent's commission percentage has declined in 47 of the 50 largest markets since NAR's March settlement
by Marian McPherson Aug 2
Redfin CEO talks lapdogs, wolves and riding out commission shifts
At Inman Connect Las Vegas, Redfin CEO Glenn Kelman described an increasingly complicated commission landscape and the shift brokerages and portals must make
by Marian McPherson Jul 31
Inman Connect Las Vegas agena revealed
Join thousands of real estate pros in Las Vegas from July 30 - Aug. 1 for transformative insights and unparalleled networking opportunities
Redfin's Rent. names Damon Joshua as president
Joshua brings more than 25 years of experience in sales leadership to his first role in the multifamily real estate sector
by Ben Verde Jun 12
'It's an arms race': How portals are adapting to the commission crunch
The upending of NAR's cooperative compensation rule is a double-edged sword for Zillow and its rivals, experts told Inman. These are the tools and tactics they're adopting to suit the moment
by Marian McPherson May 28
Redfin expands new compensation plan to agents in 25 more markets
With the expansion, Redfin Next is now available to agents in 36 markets nationwide, according to an announcement Friday. Redfin execs said the plan has 'proven to be even better' than expected
by Marian McPherson May 17
Midyear, settlements, changes: Inman's Top 5 stories
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers
by Dani Vanderboegh May 10
Redfin CEO trying not to 'count chickens' after solid Q1 earnings
A solid Q1 earnings report has Redfin CEO Glenn Kelman feeling confident. However, persistent market headwinds are keeping the CEO from being too bullish
by Marian McPherson May 9
Redfin rides momentum to Q1 revenue bump, beats expectations
Seattle-based Redfin's revenue increased 5% year over year to $225.5M — beating projections of $218.1M. Still, the company is struggling to control net losses, which grew nearly 10% from 2023
by Marian McPherson May 7
Redfin to pay $9.25M to settle commission lawsuits
Compass, The Real Brokerage, Realty One Group, At World Properties and Douglas Elliman have reached agreements in the case, and the court has preliminarily approved those settlements
by Taylor Anderson May 6
'Buyers are losing faith in the American Dream:' Redfin CEO
Redfin CEO Glenn Kelman said rising rates and home prices are crushing consumer sentiment. However, rising inventory and a year-end interest rate cut will be key to restoring it
by Marian McPherson Apr 26
Redfin is beta testing its new AI search assistant Ask Redfin
The generative tool is designed to assist consumers, and anyone looking for a home in the US can opt in to be a part of the early launch phase
by Craig C. Rowe Mar 8
Redfin's focus on cost-cutting begins to pay off in Q4 earnings
Seattle-based Redfin's revenue declined 2% year-over-year for Q4 and 11% year-over-year for the full year. Still, the company saw improved gross margins and net losses
by Marian McPherson Feb 27