Tag Archives: glenn kelman

Citing pandemic, Redfin sells $110M stake to venture capital firm

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Durable Capital Partners is run by former T Rowe Price investment manager Henry Ellenbogen. “In chaotic times, he understands our long-term commitments,” Redfin CEO Glenn Kelman said. Continue reading →

Redfin pulls back on lead sales as video tours surge amid virus crisis

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CEO Glenn Kelman said in the latest episode of Inman’s Daily Dispatch podcast that his company continues to see strong traffic and that real estate will recover. Continue reading →

Read all of Inman’s coronavirus coverage here

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Inman has published more than 300 stories on the coronavirus. Here’s our comprehensive list of coverage. Continue reading →

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

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

Redfin temporarily suspends homebuying amid market slump

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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 →