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: Inman News
Kelman: ‘I probably should have closed the iBuying business earlier’
More from 2008More posts in 2008 »
More from 2023More posts in 2023 »
- Homebuyer demand falls for 2nd consecutive week as rates climb
- How well do you remember 2023’s biggest real estate stories?
- 9 aha moments that significantly improved my life in 2023
- Broker Spotlight 2023: Check out our end-of-year roundup
- Zillow unveils top 10 markets where people dreamed of moving in 2023
More from 2023 goalsMore posts in 2023 goals »
More from Associated PressMore posts in Associated Press »
- DOJ opens criminal investigation into Fed Governor Lisa Cook
- Mortgage rates are headed up again on June CPI inflation report
- Hundreds of public figures escaped taxes through real estate: Report
- Appraisal licensing controversy engulfs South Dakota governor
- Price drops and slow sales: The new normal at NYC Trump properties
More from BrokerageMore posts in Brokerage »
- NAR economist predicts post-shutdown real estate ‘boom’
- FICO scores, magic phrases, earnings digs: Inman Top 5
- Where else is Zillow not enforcing its private listing ban?
- All about the Benjamins: 5 things to know before throwing money at real estate problems
- Why independent brokerages matter more than ever amid real estate consolidation
More from glenn kelmanMore posts in glenn kelman »
- Redfin site fluke exposed past users’ data on listing contact forms
- Redfin hits back at Compass, notches victory in Zillow case
- Compass pulls Redfin into its Zillow private listing lawsuit
- Lingering questions, NAR opinion, new lawsuit: Inman Top 5
- Mr. Cooper shareholders approve merger with Rocket Companies
More from RedfinMore posts in Redfin »
- Redfin site fluke exposed past users’ data on listing contact forms
- Stop freaking out about 50-year mortgages. They might save the housing market
- Zillow defends private listing rule, criticizes Compass in new filing
- Homebuyers like ‘high-touch’ loan advisors equipped with tech tools
- Jason Oppenheim: ‘Epic’ real estate + big drama makes new ‘Selling the OC’ season the best yet
More from SelectMore posts in Select »
- HUD shifts homeless policy away from providing permanent housing
- Pulte refers a 4th Democrat, Rep. Eric Swalwell, for mortage fraud
- RateMyAgent and Curated Social merge to form Renowned platform
- ‘He didn’t even say he was sorry’: Brooklyn investor gets prison time for 12-year deed fraud scheme
- NAR scores a victory in buyer commission lawsuit
More from TechnologyMore posts in Technology »
- RateMyAgent and Curated Social merge to form Renowned platform
- Zillow defends private listing rule, criticizes Compass in new filing
- Homebuyers like ‘high-touch’ loan advisors equipped with tech tools
- Realtor.com puts ‘spotlight’ on listing agents with new feature
- Why 88% of agent conversations never make it to the CRM
Be First to Comment