Redfin launches in new markets in Tennessee, Georgia, Kentucky

Consumers in Savannah, Chattanooga and Northern Kentucky will now be able to search for homes on Redfin.com, as well as use the brokerage’s agents. Continue reading

Redfin experiences ‘turning point,’ beats expectations with $197.8M in revenue

CEO Glenn Kelman also said the company’s webs traffic and brokerage sales accelerated for the second straight quarter. Continue reading

Redfin CEO Glenn Kelman on Zillow: ‘I’m scared of them’

Describing Zillow as ‘Godzilla,’ Kelman also conceded that Redfin’s iBuying program will never grow to 50% of the market. Continue reading

Redfin CEO says measured growth is key to his brokerage’s success

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

Redfin CEO talks iBuyer strategy, MLSs and more ahead of ICLV

Redfin CEO Glenn Kelman hopped on a call with Inman to discuss some of his company’s latest news and preview his comments for the upcoming Inman Connect in Las Vegas, where he’ll be speaking on the main stage. Continue reading

Best friends 4ever? Redfin strikes deal with Zillow to list in 4 cities

Long-time rivals Zillow and Redfin have finally made peace — over one issue at least — and struck a deal that allows the former to directly host the latter’s listings in four U.S. cities. Continue reading

Redfin beats expectations with $110M revenue in Q1 2019 earnings

The tech-focused Seattle-based real estate brokerage Redfin reported $110.1 million in revenue, a year-over-year increase of 38 percent and a net loss of $67.2 million in the first quarter of 2019, according to its latest earnings report.  Continue reading

8z Real Estate is latest brokerage to jump into the iBuyer business

Colorado-based real estate brokerage 8z Real Estate is the latest to offer a direct-to-consumer home buying and selling platform, known as an “iBuyer.” Continue reading

New tool allows consumers to compare iBuyer offers nationwide

Zavvie has launched Offer Optimizer, a tool that allows homeowners to compare instant offers from Offerpad, Opendoor, Zillow Offers and Redfin Now. Continue reading