Tag Archives: glenn kelman

Redfin’s board chairman steps back

By Patrick Kearns | April 24, 2020 - 10:31 pm |April 24, 2020 Uncategorized

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Bob Mylod will remain on Redfin’s board of directors, with David Lissy stepping into the role of chairman. Continue reading →

Redfin is furloughing 41% of its real estate agents

By Patrick Kearns | April 7, 2020 - 2:58 pm |April 7, 2020 Uncategorized

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The company announced it’s also laying off 7 percent of its staff in an SEC filing. Continue reading →

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

By Patrick Kearns | March 31, 2020 - 2:10 pm |March 31, 2020 Uncategorized

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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 is increasing agents’ fixed pay during market slowdown

By Patrick Kearns | March 26, 2020 - 8:46 pm |March 26, 2020 Uncategorized

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Redfin CEO Glenn Kelman will take no salary for the rest of 2020 to help offset some of the cost. Continue reading →

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

By Jim Dalrymple II | March 26, 2020 - 12:19 am |March 26, 2020 Uncategorized

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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

By Jim Dalrymple II | March 20, 2020 - 4:36 pm |April 21, 2020 Uncategorized

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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

By Jim Dalrymple II | March 20, 2020 - 12:30 pm |March 20, 2020 Uncategorized

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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

By Patrick Kearns | March 18, 2020 - 8:13 pm |March 18, 2020 Uncategorized

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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 →

Redfin cancels open houses due to coronavirus concerns

By Andrea V. Brambila | March 17, 2020 - 9:56 pm |March 17, 2020 Uncategorized

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Redfin CEO Glenn Kelman: “The whole industry has been talking about going virtual for a decade.” Continue reading →

Redfin launches video home tours amid coronavirus worries

By Marian McPherson | March 4, 2020 - 6:27 pm |March 4, 2020 Uncategorized

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CEO Glenn Kelman published a blog post detailing what Redfin is doing to serve worried buyers and sellers in COVID-19 impacted areas. Continue reading →