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 million, according to an earnings call Thursday afternoon.
Source: Inman News
Redfin sees revenue fall, losses mount amid tough market in Q4
More from BrokerageMore posts in Brokerage »
- Alexander brothers denied motion to dismiss sex-trafficking charges
- Redfin site fluke exposed past users’ data on listing contact forms
- Brown Harris Stevens names Halstead heir as its chief strategy officer (EXCLUSIVE)
- Stop waiting for permission: Why leadership starts with self-trust
- Leadershift: How brokers and team leaders can prepare for 2026
More from earningsMore posts in earnings »
- Offerpad home sales, acquisitions hit new low in Q3 2025
- RE/MAX stays profitable as US agent count, revenue decline
- Tech, scale and strategy fuel Q1 wins across real estate
- Blend seeks to sell Title365 as mortgage revenue shrinks in Q1
- Rocket says it could close Redfin acquisition as soon as this quarter
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 ibuyerMore posts in ibuyer »
- New Opendoor CEO’s plan: ‘Buy more good homes and get more good sellers through our funnel’
- Here’s how to save canceled listings and improve success rates
- Offerpad home sales, acquisitions hit new low in Q3 2025
- Is the ‘proptech winter’ ending? This is what investors are watching
- Opendoor continues C-sweep with CFO swap
More from ibuyingMore posts in ibuying »
More from Markets & EconomyMore posts in Markets & Economy »
- Leadershift: How brokers and team leaders can prepare for 2026
- Stop freaking out about 50-year mortgages. They might save the housing market
- What’s driving multifamily’s market resurgence?
- The inventory surge is sputtering. See how your market stacks up
- Homebuying off to strongest November start since 2022
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 redfin nowMore posts in redfin now »
- Redfin narrows losses as revenue falls 45% in first 3 months of 2023
- Opendoor CEO and president out as iBuyer shakes up exec team
- Ribbon suspends cash offer service, working on new tools for spring
- It’s the disruption, stupid! Redfin Now and the end of iBuying as we know it
- Here’s how Redfin’s Glenn Kelman became a reality TV star
More from Redfin PremierMore posts in Redfin Premier »
- 15% of homebuyers ‘ghosted’ homesellers in September
- Despite market shift toward buyers, they’re still backing away
- Record $700B worth of listings on market, but sales are sluggish
- The spring sizzle fizzles: Economic jitters chill buyer demand
- Concessions surge as homesellers offer sweeter deals in sour markets
More from SelectMore posts in Select »
- Alexander brothers denied motion to dismiss sex-trafficking charges
- Redfin site fluke exposed past users’ data on listing contact forms
- Brown Harris Stevens names Halstead heir as its chief strategy officer (EXCLUSIVE)
- Stop waiting for permission: Why leadership starts with self-trust
- Leadershift: How brokers and team leaders can prepare for 2026
More from TechnologyMore posts in Technology »
- 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
- Real partners with MAXA Designs on agent marketing platform
More from wall streetMore posts in wall street »
- Real estate beats Wall Street: How agents become wealth advisors
- How real estate agents can build wealth without Wall Street
- Maybe the real estate market’s not so screwed after all
- Compass lifts agent count in Q4 but falls short of positive cash flow
- Zillow sees revenue dip in Q4, but manages to trim losses
Be First to Comment