Redfin to shed 450 staffers after $100M rental deal with Zillow

On the same day Redfin announced a new partnership to syndicate Zillow rental listings in multifamily buildings, the company said it would eliminate the positions of approximately 450 employees. Continue reading

Revenue grows and losses widen for Redfin in Q3

Seattle-based brokerage and portal Redfin’s third-quarter revenue grew 3 percent year over year to $278 million. However, the company’s net losses ballooned 77.8 percent, according to Thursday’s earnings. Continue reading