Zillow stock surges with new CEO announcement

Friday’s rally is particularly notable because other than installing Rich Barton as CEO, the company appears to be largely staying the course it laid out in prior earnings calls — including doubling down on the very programs that had previously spooked… Continue reading

Redfin iBuyer offers usually rejected: Redfin chief executive

Glenn Kelman said most who receive offers from his company’s iBuyer program reject those offers, but he argued that the program still helps sell houses. Continue reading

Redfin beats expectations with over $124M in revenue for Q4 2018

Those earnings represent an increase of 30 percent compared to the fourth quarter of 2017, the company also revealed. Redfin also saw a net loss in the final three months of 2018 of $12.2 million, compared $1.8 million during the same period in 2017. Continue reading

Redfin is officially live in Canada

Redfin’s brokerage services and listings website are officially live in Toronto, Canada. Starting Tuesday, users can log onto www.redfin.ca to see homes for sale in the greater Toronto area, with Vancouver next and other cities to follow. Continue reading

WATCH: How should agents handle the current market shift?

Get the scoop from Coldwell Banker Global Luxury’s Joyce Rey, Redfin’s Daryl Fairweather, WealthQuotient’s David Friedman, Warburg Realty’s Clelia Peters and Keller Williams Capital Properties’ Brandon Green on what to expect in 2019. Continue reading

Should Amazon buy Redfin?

Amazon is already dabbling in real estate and has hinted it may have bigger plans, but this week one analyst floated a way the company could take the plunge and become a major force in the sector: Buy online brokerage Redfin. Continue reading