BREAKING: RE/MAX and Redfin end exclusive partnership after 2 months

RE/MAX and Redfin are ending their nascent referral partnership after Redfin introduced a new platform last week that would allow consumers without buyers’ agents to make offers on Redfin-listed homes in Boston.  Continue reading

READ: Redfin CEO’s letter to buyer’s agents

Following the announcement of Redfin Direct, a new service that will enable buyers to make offers on Redfin-listed homes through the company’s website without agents, here’s CEO Glenn Kelman’s response to concerns. 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

Redfin unveils plan to cut out buyers’ agents

Redfin announced Wednesday it has been quietly testing a pilot program in Boston, a revised version of its 2006 service Redfin Direct, that allows consumers to make direct offers on Redfin-listed homes through the company’s website. Continue reading

Why eXp’s top tech exec joined flat-fee rival Redefy

Scott Petronis, the newly appointed chief product and technology officer at discount brokerage Redefy believes the consumer is getting overshadowed in the real estate industry. Finding a company that he believes has a greater focus on the consumer is a… Continue reading

Indie brokerage launches unconventional iBuyer program

Texas-based brokerage JP & Associates Realtors announced Tuesday it has teamed up with a tech company to launch an agent-centric cash offer program. Continue reading