Tag Archives: Redfin

Buyers now snapping up homes in 15 days despite latest wave of rate hikes

By Marian McPherson | May 13, 2022 - 5:18 pm |May 13, 2022 Uncategorized

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Rising mortgage rates, booming home prices and scant inventory are pushing homebuyers to quicken their plans, according to Redfin’s latest market report. Continue reading →

Brokerages push back on NAR ad campaign targeting ‘competitors’

By Andrea V. Brambila | May 12, 2022 - 9:00 am |May 12, 2022 Uncategorized

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The trade group highlighted its own members — including Zillow, Compass, Redfin, Homie, Opendoor and Offerpad — among those whom it’s competing with for consumer mindshare. Continue reading →

More sellers are dropping their prices, but buyers see little relief

By Ben Verde | May 9, 2022 - 4:25 pm |May 9, 2022 Uncategorized

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Fifteen percent of homesellers dropped their asking price during the four-week period ending May 1, compared to 9 percent of sellers last year. Continue reading →

Redfin takes in nearly $600M in Q1 revenue as market share grows

By Taylor Anderson | May 5, 2022 - 8:46 pm |May 5, 2022 Uncategorized

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Revenue, market share, web users and homes sold by RedfinNow all rose. But the company reported a $90.8 million net loss in a Q1 earnings call on Thursday. Continue reading →

Redfin settles ‘digital redlining’ discrimination case

By Marian McPherson | May 2, 2022 - 5:01 pm |May 2, 2022 Uncategorized

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Redfin has reached a settlement with the National Fair Housing Alliance in its discrimination case after nearly two years. The brokerage will pay $4 million along with making several policy changes. Continue reading →

Keller Williams debuts new diversity education program

By Jim Dalrymple II | April 29, 2022 - 5:00 pm |April 29, 2022 Uncategorized

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A new educational program will give Keller Williams’ agents a diversity certification to help work with a more diverse pool of clients. Continue reading →

Compass dethrones Realogy as top brokerage in T3 Sixty Mega 1000

By Jim Dalrymple II | April 28, 2022 - 10:00 am |April 28, 2022 Uncategorized

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EXp Realty took the top spot for transaction sides. Both it and Compass grew sides and volume by hundreds of percent over the past year, according to real estate analysis and consulting firm T3 Sixty. Continue reading →

Redfin property search to shine under Constellation1 partnership

By Craig C. Rowe | April 26, 2022 - 1:09 pm |April 26, 2022 Uncategorized

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The data behind home searches, market alerts and other listing services throughout Redfin will now be provided by Constellation1 Real Estate Data APIs. Continue reading →

Bidding wars dip for first time in 2022 — but competition still fierce

By Jim Dalrymple II | April 25, 2022 - 10:13 pm |April 25, 2022 Uncategorized

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Agents still face tough conditions despite homebuyer competition, according to a new report from Redfin. Competition is slightly less tough. Continue reading →

What do agents want from their brokers? To become them, someday

By Daniel Houston | April 20, 2022 - 11:00 pm |April 20, 2022 Uncategorized

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Panelists at Inman Connect New York discuss how in addition to beefing up services for agents, brokers should keep in mind what’s motivating many of them: the entrepreneurial itch. Continue reading →