Nagel has been with the tech-oriented brokerage for almost 14 years. Adam Wiener, Redfin's current chief growth officer, will take his place
This year had it all: A presidential election, a stock market crash and rebound, and the busiest summer and fall in memory — all amid an unprecedented global pandemic
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
After announcing 8% year-over-year revenue growth, CEO Glenn Kelman said 'it would be hard to overstate how strong' the housing market is right now
The tech-centric brokerage had furloughed 41% of its agents amid the economic woes of the coronavirus pandemic
The company raked in $191 million during the first quarter of 2020 despite economic chaos from the coronavirus
A change in Federal Deposit Insurance Corporation regulations will make it easier for iBuyers to enter markets in the North and South, according to home-value data platform Ownerly
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
The company's revenue jumped a whopping 88% year-over-year during the final 3 months of 2019. Here's some key stats worth paying attention to
The new Cash Close product is meant to make consumers more nimble and competitive and is the latest turn in HomeLight's evolution as a transaction streamlining company
Both 2019 and the decade leading to it were dominated by disruption. And the thing fueling that disruption was a whole lot of cash
The latest earnings report comes as the tech-oriented brokerage steadily expands programs such as RedfinNow and Redfin Direct, which could upend how consumers engage with real estate
Consumers in Savannah, Chattanooga and Northern Kentucky will now be able to search for homes on Redfin.com as well as use the brokerage's agents
CEO Glenn Kelman also said web traffic and brokerage sales accelerated for the 2nd straight quarter