The portal and online brokerage saw revenue fall 25 percent year over year during the fourth quarter of 2022, and lost a total of $61.9…
Posts published in “glenn kelman”
Redfin’s CEO told the “AP” he wishes he’d closed RedfinNow earlier than during the market correction taking place, calling the business model too risky and expensive. Source:…
Analysts said Redfin isn’t facing an existential moment but nonetheless experienced a uniquely rough period over the past year. These are the 5 biggest challenges…
Investors, including iBuyers, that entered the housing market in 2020 and 2021 are at least partly to blame for the dramatic price correction playing out…