Kelman: Redfin IPO not imminent

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Redfin CEO Glenn Kelman tells WSJ Live that Redfin’s in no hurry to move forward with an initial public offering. “I don’t know if it will be 2014 or 2015 … I think the simplest way to express it is we’re not going to get bought by somebody. I don’t know of a real estate brokerage that would want to buy us. I don’t know of a pure website that would want to buy us. We’re half of one, and half of the other, so we’ve got to make our own bones and build our own company.” Source: on.aol.com.