Glenn Kelman suggested in the earnings call Thursday that few people turn to Amazon for “soft services.” He also revealed that he’d like to be able to sell 10 percent of the homes listed with Redfin to unrepresented buyers Continue reading
CEO Glenn Kelman also said the company’s webs traffic and brokerage sales accelerated for the second straight quarter. Continue reading
Kelman discussed a wide range of topics, including Redfin’s products and future and why he’s excited about Redfin Now, the company’s iBuying service. Continue reading
Redfin Direct, Homeward and Brix Real Estate are among those honored at Inman Connect Las Vegas. Continue reading
Redfin Direct, Homeward and Brix Real Estate are among those honored at Inman Connect Las Vegas. Continue reading
A recent survey from Redfin also shows that agent attrition is going up, and that many agents have to supplement their income with other work. Continue reading
Describing Zillow as ‘Godzilla,’ Kelman also conceded that Redfin’s iBuying program will never grow to 50% of the market. Continue reading
The move represents a sharp break from 600 or so other MLSs nationwide, some of whom have threatened to cut off brokerages who have tried to publicly display commissions. Continue reading
In Northern Virginia, if the seller accepts a Redfin Direct offer, they’d pay a 1% listing fee and a 1% transaction fee, according to the company. Continue reading
Glenn Kelman believes clear victors will emerge from the real estate tech arms race in the next couple years. Mergers and acquisitions are inevitable, he argues. That’s because real estate websites want to insert themselves into the transaction, while … Continue reading