Tag Archives: Redfin

A Maryland homeowner just filed yet another commission lawsuit

By | | Uncategorized
Comments Off on A Maryland homeowner just filed yet another commission lawsuit

The case is the latest of numerous antitrust lawsuits that have emerged in the wake of the October verdict in Sitzer | Burnett. It names NAR, Compass, Redfin and others as defendants. Continue reading →

Can futuristic utopias solve our housing crisis?

By | | Uncategorized
Comments Off on Can futuristic utopias solve our housing crisis?

People have been founding new cities forever. However, it turns out building a successful place is harder than it looks — and sometimes takes a very long time. Continue reading →

Rates keep falling, and buyers and sellers are springing into action

By | | Uncategorized
Comments Off on Rates keep falling, and buyers and sellers are springing into action

Listings and pending sales hit the highest level in roughly a year, according to a new report from Redfin. Still, a record number of contracts were canceled. Continue reading →

Opendoor founder Eric Wu leaving company to focus on startups

By | | Uncategorized
Comments Off on Opendoor founder Eric Wu leaving company to focus on startups

Wu founded Opendoor in 2014 and served as the company’s chief executive officer until last year. He said in a statement that he’s leaving to focus on building new things. Continue reading →

DelPrete: Unprofitability raises questions about Redfin’s viability

By | | Uncategorized
Comments Off on DelPrete: Unprofitability raises questions about Redfin’s viability

According to Mike DelPrete, high debt, low cash and a lack of profitability in its business model call into question Redfin’s current trajectory and its plans for the future. Continue reading →

Redfin expands commission-based model in Southern California

By | | Uncategorized
Comments Off on Redfin expands commission-based model in Southern California

Redfin’s new commission-based model, Redfin Next, is now available to agents in San Diego and Orange County. Agents will keep their W-2 status and benefits while getting commission splits of up to 75 percent. Continue reading →

Redfin rolls out AI-enhanced digital self-staging tool for homebuyers

By | | Uncategorized
Comments Off on Redfin rolls out AI-enhanced digital self-staging tool for homebuyers

In partnership with Roomvo, the brokerage and search portal’s new Redfin Redesign tool grants homebuyers the ability to alter room finishes while alerting agents to a buyer’s growing interest. Continue reading →

NAR hires new marketing and comms chief amid tumultuous year

By | | Uncategorized
Comments Off on NAR hires new marketing and comms chief amid tumultuous year

Suzanne Bouhia will shape NAR’s communication strategy as the organization deals with lawsuits, scandal and a harrowing year in real estate. Continue reading →

Buyers’ market to usher in ‘season of hope’ in 2024, Redfin projects

By | | Uncategorized
Comments Off on Buyers’ market to usher in ‘season of hope’ in 2024, Redfin projects

Falling home prices and mortgage rates are on tap for buyers and sellers — not to mention a presidential election that could hinge on housing issues, according to Redfin’s outlook for 2024. Continue reading →