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
Ask Redfin is now available nationwide on Redfin's iOS home search app. Ask Redfin can answer a range of questions about listings, market trends and much more
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
The verdict in the monumental Sitzer | Burnett commission case in Missouri — plus oversight by federal regulators — has splintered the industry as it scrambles to figure out how to move forward
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
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
New commission-based model, Redfin Next, is now available to agents in San Diego and Orange County. Agents keep their W-2 status and benefits while getting commission splits of up to 75%
Homeseller Monty March filed suit in the Southern District of New York Wednesday, alleging REBNY rules in Manhattan kept commissions high and violated state and federal antitrust laws
'Batton 2,' exponentially larger in scope than Sitzer | Burnett and the Moehrl commission suits, was filed last week in Illinois and takes aim at many of the defendants in another suit called Gibson
Redfin CEO Glenn Kelman said at Inman Connect on Wednesday that pressure from lawsuits and the Department of Justice may ultimately lead to 'a different world' than the one that exists today
Redfin CEO Glenn Kelman said Tuesday on CNBC that as sales continue to decline, the company will need to cut costs strategically and respond to economic challenges one day at a time
In a memo to employees, Redfin CEO Glenn Kelman said the 15-year veteran of the company will serve as an advisor after his final day on Sept. 8. Redfin has no plan to fill the vacated position
Experts expect US companies to adjust remote work policies in the coming 6-12 months as office market suffers. 'Our cultures are different around work-life balance,' said CBRE's Julie Whelan
Redfin CEO Glenn Kelman on Wednesday told MarketWatch that current transaction levels — sustained primarily by people who absolutely need to move — are about as low as they ever get
So you've decided to join us at Inman Connect Las Vegas. Bravo! Here's a day-by-day breakdown of the conference along with some tidbits to get the most out of your week in Sin City
Redfin's Q2 revenue declined 21% year over year to $275.6M, as gross profits from its real estate services took a tumble amid a harsh housing market, according to an earnings call Thursday