Redfin CEO: With commissions in peril ‘cooperation may crumble’

Kelman said during virtual Inman Connect on Wednesday that pressure from the bombshell lawsuits and the Department of Justice may ultimately lead to “a different world” than the one that exists today. Continue reading

Redfin eliminates salaries, pivots to commission model in LA and SF

Redfin will still classify agents as employees but, beginning next year, will transition those in some California markets to an all-commission-based pay program. Continue reading

‘Run for the fire’ Liz Gehringer shares advice for a downturn

“This is not a time to stabilize. If you stabilize in a market like now you’re going to fall behind. You have to grow,” Redfin’s Jason Aleem said at Inman Connect Las Vegas Wednesday. Continue reading

These are the mistakes that thwart brokers’ success

Panelists at Inman Connect New York on Tuesday said that brokers err by not having written plans, not being flexible and other shortcomings. Continue reading

Redfin faces a steep battle as it claws its way toward profitability

Analysts said Redfin isn’t facing an existential moment but nonetheless experienced a uniquely rough period over the past year. These are the 5 biggest challenges Redfin will face in 2023. Continue reading

Redfin’s iBuyer expands into Florida among the hottest US markets

RedfinNow is operational in the Orlando and Tampa areas as of this week and will launch in the Palm Beach and Miami areas later this month, with Florida marking its 16th state in 34 markets. Continue reading

What do agents want from their brokers? To become them, someday

Panelists at Inman Connect New York discuss how in addition to beefing up services for agents, brokers should keep in mind what’s motivating many of them: the entrepreneurial itch. Continue reading

The iBuying lessons Jason Aleem is bringing to Redfin’s sales team

After helping Redfin’s iBuyer business navigate a period of change, Jason Aleem is now tasked with leading its sales team into the next era. Continue reading