Seattle-based Redfin’s revenue increased 5 percent year over year to $225.5 million — beating revenue projections of $218.1 million. Still, the company is struggling to control its net losses, which grew nearly 10 percent from 2023.
Source: Inman News
Redfin rides momentum to Q1 revenue bump, beats expectations
More from BrokerageMore posts in Brokerage »
- The modern tech stack agents and brokerages need now: Streaming
- $1B Florida brokerage and former NFL prospect join Christie’s International Real Estate
- Here’s the essential reading on the Compass-Anywhere deal
- I’ve studied real estate marketing for 31 years. Here are 7 essentials for effective marketing campaigns
- Enduring elegance: Leadership lessons from Giorgio Armani
More from commission lawsuitsMore posts in commission lawsuits »
- 7 lessons every real estate agent needs to be a lifelong learner
- Looking back at Aug. 17: Are agents better off than we were a year ago?
- Real estate still adapting to new normal a year after new NAR rules
- Real estate CEOs sound off on CCP, M&A, being No. 1: The Download
- Commission lawsuits? AI? Clear Cooperation? Fuggedaboutit
More from commission settlementMore posts in commission settlement »
- Drunken gunman, new legal filing, Roseanne Barr: Inman’s Top 5
- Trump vs. Fed, Taylor Swift, your referral blueprint: Inman’s Top 5
- Data confirmation, compensation, Opendoor resignation: Top 5
- Looking back at Aug. 17: Are agents better off than we were a year ago?
- Homesellers fight to keep legal battle with eXp, Weichert alive
More from earnings q1 2024More posts in earnings q1 2024 »
More from glenn kelmanMore posts in glenn kelman »
- Mr. Cooper shareholders approve merger with Rocket Companies
- Here’s the last look at Redfin’s finances as an independent company
- Real estate CEOs sound off on CCP, M&A, being No. 1: The Download
- Rocket seeing ‘awesome early data’ from Redfin acquisition
- Redfin’s Glenn Kelman spills details on bittersweet transition to Rocket
More from q1 2024 earningsMore posts in q1 2024 earnings »
- Back in growth mode, Better is hiring again but still in the red in Q1
- Fathom Realty has more agents, fewer Q1 sales than a year ago
- UWM hiring ‘hundreds’ as mortgage originations surge 24%
- Redfin CEO trying not to ‘count chickens’ after solid Q1 earnings
- Here’s who sank and who soared in Q1 2024 earnings
More from RedfinMore posts in Redfin »
- Here’s what comes next in the Compass-Anywhere deal
- Compass to acquire Anywhere in $1.6B deal, capping rise to top
- How the growing buyer power shift is reshaping the real estate market
- These are the states where homeowners will benefit most — and least — from new SALT cap
- Compass calling foul on MLS rules is hypocrisy
More from redfin earningsMore posts in redfin earnings »
More from Redfin Q1 earningsMore posts in Redfin Q1 earnings »
More from SelectMore posts in Select »
- What real estate agents can learn from TikTok, Tylenol and Disney
- Democrats seek transparency into Fannie, Freddie ‘reprivatization’
- Former agent convicted of swindling woman out of her home
- Is fall the new spring? Market winds may be shifting, NAR says
- I’ve studied real estate marketing for 31 years. Here are 7 essentials for effective marketing campaigns
More from TechnologyMore posts in Technology »
Be First to Comment