Tag Archives: Redfin

Redfin’s iBuying revenues grew by more than 1,000% in Q3

By Jim Dalrymple II | November 4, 2021 - 8:23 pm |November 4, 2021 Uncategorized

Comments Off on Redfin’s iBuying revenues grew by more than 1,000% in Q3

The brokerage and portal company raked in $540 million between July and September, and it saw its losses improve. Continue reading →

Zillow stocks plunge as competing iBuyers hang steady amid chaos

By Lillian Dickerson | November 3, 2021 - 3:16 pm |November 3, 2021 Uncategorized

Comments Off on Zillow stocks plunge as competing iBuyers hang steady amid chaos

Thirty minutes into trading on Wednesday, Zillow Group’s stock was down about 16.6 percent to around $70.55 per share. Continue reading →

Opendoor plans to hire nearly 100 tech engineers in Canada

By Jim Dalrymple II | November 2, 2021 - 8:18 pm |November 2, 2021 Uncategorized

Comments Off on Opendoor plans to hire nearly 100 tech engineers in Canada

The new team members will be based in Toronto and will work on financial platforms and technology infrastructure. Continue reading →

Pocket listings are still around, but the off-market landscape is evolving

By Jim Dalrymple II | November 1, 2021 - 9:00 am |November 1, 2021 Uncategorized

Comments Off on Pocket listings are still around, but the off-market landscape is evolving

Two years after the National Association of Realtors approved the Clear Cooperation Policy, pocket listings haven’t disappeared. But they remain hotly debated, and demand for off-market housing is as strong as ever. Continue reading →

Redfin CEO Glenn Kelman ‘skeptical’ about iBuyer growth

By Jim Dalrymple II | October 27, 2021 - 7:25 pm |October 27, 2021 Uncategorized

Comments Off on Redfin CEO Glenn Kelman ‘skeptical’ about iBuyer growth

Glenn Kelman said Wednesday at Inman Connect that many agents expect iBuyers to grow. He isn’t so convinced, but does see disintermediation as a real issue. Continue reading →

New Redfin tool allows shoppers to phone a friend with FaceTime

By Daniel Houston | October 27, 2021 - 3:43 pm |October 27, 2021 Uncategorized

Comments Off on New Redfin tool allows shoppers to phone a friend with FaceTime

The feature lets buyers hop on a FaceTime call with their agents and others, browse listings and share their favorites with the group. Continue reading →

Here’s the one decision that haunts Redfin CEO Glenn Kelman

By Marian McPherson | October 21, 2021 - 9:43 pm |October 21, 2021 Uncategorized

Comments Off on Here’s the one decision that haunts Redfin CEO Glenn Kelman

In a candid interview, Redfin CEO Glenn Kelman talks about his decision to furlough agents and other tipping points that have changed his career. Continue reading →

September sees new upturn in demand for second homes

By Daniel Houston | October 20, 2021 - 1:33 pm |October 20, 2021 Uncategorized

Comments Off on September sees new upturn in demand for second homes

More buyers were seriously considering a second-home purchase last month, and locked in mortgage rates to prepare for the transaction. Continue reading →

Agent bares all in full-frontal NSFW listing photos

By Veronika Bondarenko | October 19, 2021 - 4:01 pm |October 19, 2021 Uncategorized

Comments Off on Agent bares all in full-frontal NSFW listing photos

“I wish I could say that I had an epiphany like a parting of the Red Sea moment but I just thought it’d be funny,” agent David Ferrugio told Inman. Continue reading →

3 moments that made Side CEO Guy Gal

By Jim Dalrymple II | October 19, 2021 - 9:00 am |October 19, 2021 Uncategorized

Comments Off on 3 moments that made Side CEO Guy Gal

Guy Gal’s billion-dollar company has its origins in its co-founder’s own experiences — both good and bad — buying real estate. Continue reading →