Tag Archives: Redfin

Redfin CEO doubles down on support for pocket listing ban

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In a new blog post, Glenn Kelman argues that exclusive listings lead to discrimination and urged real estate professionals to take a stand by supporting a proposed ban. Continue reading →

Zillow: Our iBuyer offers are nearly the same as traditional offers

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A year and a half after Zillow began buying houses with cash, the online real estate giant says that its instant iBuyer offers are nearly the same as what sellers can get on the open market. Continue reading →

Stagnant homeowners are creating an inventory catch-22

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A new study by Redfin revealed the average homeowner in 2019 has lived in their home for 13 years, a five-year increase from 2009. Continue reading →

Discounter Assist-2-Sell joins Compass in opposing Bright MLS pocket listing ban

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The ongoing battle over pocket listings is continuing to intensify, with discount brokerage Assist-2-Sell now joining Compass in opposing a new off-market listing ban from Bright MLS. Continue reading →

See how much Robert Reffkin paid for his stake in Compass

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According to a 2012 ‘Founder Restricted Stock Agreement,’ the Compass CEO bought 3.355M shares of common stock in the company in exchange for $0.0001 per share. Continue reading →

What real estate executives think of NAR’s pocket listing policy

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In light of the growing attention on NAR’s proposal to ban pocket listings, Inman reached out to executives from major real estate firms across the U.S. to find out where they stand. Continue reading →

Redfin launches in new markets in Tennessee, Georgia, Kentucky

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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 →

Top listing site Movoto nabs $8M to build on company turnaround

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Movoto Real Estate, the operator of one of the most popular real estate sites and a fast-growing brokerage, has raised $8 million to build on what its CEO cast as a dramatic turnaround over the last two years. Continue reading →

Agents skeptical that taking hourly rates could work

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In an effort to figure out if hourly rates would actually work for agents and their clients, Inman reached out to a number of real estate professionals. Most were open to the idea of alternative compensation models. Continue reading →