5 people to watch at Redfin as the company moves into a new era

Redfin is about to get a new second-in-command, all the while continuing its efforts to be consumers’ preferred one-stop real estate shop. Continue reading

iBuyers still on slow road to recovery: Redfin

iBuyers purchased 0.3 percent of all homes sold across 418 U.S. metro areas analyzed by Redfin during the fourth quarter of 2020, down from 0.8 percent of all homes sold the year before. Continue reading

Colorado brokerage The Group launches guaranteed offer program

The Group’s Zavvie-powered program allows sellers to compare several selling options, including all-cash offers from iBuyers and EasyKnock’s MoveAbility. Continue reading

Redfin still seeing strong demand, but with fewer people in the pipeline

Redfin president of operations Scott Nagel said he doesn’t think the ongoing coronavirus outbreak will immediately drive down home prices. Continue reading

Rental season ‘completely derailed’ by coronavirus

Apartment search company RentCafé said that in the last week searches for apartments on its site have fallen 25 percent. Continue reading

Redfin temporarily suspends homebuying amid market slump

RedfinNow, the direct-to-consumer homebuying and selling platform, will not be buying homes for the near future, CEO Glenn Kelman confirmed in a letter to shareholders. Continue reading

Nearly 50% of homes sold to iBuyers were in 4 markets: Mike DelPrete

Mike DelPrete maps the growth of tech-enabled real estate brokerages and iBuyers from 2018 to 2020 at Inman Connect in New York. Continue reading

Nearly 50% of homes sold to iBuyers were in 4 markets: Mike DelPrete

Mike DelPrete maps the growth of tech-enabled real estate brokerages and iBuyers from 2018 to 2020 at Inman Connect in New York. Continue reading

Redfin expands estimate coverage, cites greater accuracy

The error rate of Redfin’s AVM improved five basis points and expanded to the state of Connecticut as well as Boise, Des Moines, Spokane and Chattanooga. Continue reading

This was the year — and decade — big money pumped into real estate

Both 2019 and the decade leading to it were dominated by disruption. And the thing fueling that disruption was a whole lot of cash. Continue reading