Category: redfin now - Page 2 - Homes in the United States

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

By The Citizen on November 4, 2021

The brokerage and portal company raked in $540 million between July and September, and it saw its losses improve. Source: Inman News

Keller Offers exec: iBuying is a golden opportunity for agents

By The Citizen on October 27, 2021

RJ Jones, head of Keller Offers, told Inman Connect Las Vegas that the increase in iBuyers and alternative transaction models are driving professionalism and give…

As Zillow pumps brakes on buying, other stunned iBuyers forge ahead

By The Citizen on October 18, 2021

Zillow says it’s facing supply and labor constraints. But other iBuyers, who expressed surprise over Zillow’s abrupt pause, say they aren’t suffering from the same…

IBuyer offers are clocking in at an average of 104% of market value

By The Citizen on July 29, 2021

Amid a highly competitive market in the first half of 2021, iBuyers began making more competitive offers and expanding the range of homes they were…

Redfin reports $268M in revenue in first quarter, 40% jump over same period last year

By The Citizen on May 5, 2021

CEO Glenn Kelman said Wednesday that the company is “just about hitting on all cylinders” after hiring more agents and lenders in the second half…

Redfin exec Scott Nagel announces retirement

By The Citizen on March 18, 2021

Nagel has been with the tech-oriented brokerage for almost 14 years. Adam Wiener, Redfin’s current chief growth officer, will take his place. Source: Inman News

Everything that happened in 2020, the wildest year of our lives

By The Citizen on December 21, 2020

This year had it all: A presidential election, a stock market crash and rebound, and the busiest summer and fall in memory — all amid…

RedfinNow expands into pricey San Francisco and Seattle markets

By The Citizen on December 8, 2020

In a notable departure from more common iBuying strategies, Redfin’s iBuyer program, RedfinNow, will target homes built after 1930 and costing more than $1 million…

5 things to watch for as Redfin heads into 2021

By The Citizen on December 7, 2020

Redfin’s iBuying program and ancillary services should continue to be important parts of the company’s expansion. It’ll also have to contend with flashy rivals and…

Moving at ‘breakneck speed,’ Redfin posts unexpected revenue growth

By The Citizen on July 30, 2020

After announcing 8 percent year-over-year revenue growth, CEO Glenn Kelman said “it would be hard to overstate how strong” the housing market is right now. …

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