RedfinNow, the direct-to-consumer homebuying and selling platform, will not be buying homes for the near future, CEO Glenn Kelman confirmed in a letter to shareholders.
Source: Inman News
RedfinNow temporarily suspends homebuying amid market slump
More from BrokerageMore posts in Brokerage »
- The death of old-school SEO, and what it means for real estate
- Forget private marketplaces, Colorado brokers launch full-transparency offensive
- Lesson Learned: Luxury isn’t price, it’s experience
- 7 AI tips for real estate agents from a tech insider
- Zillow released its price forecast for hundreds of US markets. What will happen near you?
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 ibuyerMore posts in ibuyer »
More from offerpadMore posts in offerpad »
- Opendoor’s resurrection: Will there be an iBuyer afterlife?
- He started the Opendoor stock rally. Now he wants the CEO out
- Opendoor grows revenue and trims losses in 2nd quarter rally
- Offerpad sees declining revenue, but trims losses during Q2
- ‘Meme stock’ surge lifts Opendoor out of delisting danger zone
More from opendoorMore posts in opendoor »
- Better shares soar on bullish thesis by activist investor Eric Jackson
- Opendoor continues C-sweep with CFO swap
- Opendoor’s resurrection: Will there be an iBuyer afterlife?
- Here’s how much extra money you’d have if you invested $1K in Opendoor last month
- Opendoor announces new CEO: Shopify’s Kaz Nejatian
More from RedfinMore posts in Redfin »
More from RedfinNowMore posts in RedfinNow »
- Redfin narrows losses amid rough Q2 as it braces for more turbulence
- As iBuyers struggle, agents rethink relationships with cash-offer kings
- Redfin sees losses soar in Q3 as it winds down iBuying program
- Redfin’s iBuyer expands into Florida among the hottest US markets
- Power Buyer clients made 1 offer on average. Traditional buyers? 7
More from SelectMore posts in Select »
- The death of old-school SEO, and what it means for real estate
- Credit bureaus slam plan to cut them out of FICO score pricing
- Forget private marketplaces, Colorado brokers launch full-transparency offensive
- Cloze’s MAIA is smart, task-driven and enterprise-ready: Tech Review
- Lesson Learned: Luxury isn’t price, it’s experience
More from TechnologyMore posts in Technology »
- Forget private marketplaces, Colorado brokers launch full-transparency offensive
- Cloze’s MAIA is smart, task-driven and enterprise-ready: Tech Review
- Stay on the cutting edge: It’s AI Month at Inman
- ATTOM data tool sniffs out true ownership of properties in LLCs
- The modern tech stack agents and brokerages need now: Streaming
More from Zillow OffersMore posts in Zillow Offers »
- How a Green Beret turned an agent’s advice into a $600M empire
- Compass CEO Reffkin continues anti-Zillow social media blitz
- As iBuyers struggle, agents rethink relationships with cash-offer kings
- Zillow CEO Rich Barton: ‘The real pain is probably coming’
- Ribbon suspends cash offer service, working on new tools for spring
Be First to Comment