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 »
- Kris Lindahl on why unapologetic authenticity is your only sustainable marketing plan
- Here’s why SMART goals are dumb and STUPID goals work better
- NAR by the numbers: Dues flat, members ‘sticky,’ cost cuts ahead
- The urgency trap: Are you training clients to ignore your boundaries?
- Learning to lead: 5 practices that help moms thrive in real estate
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 offerpadMore posts in offerpad »
- Offerpad home sales, acquisitions hit new low in Q3 2025
- From cash offer to collaboration: Offerpad empowers agents and sellers
- 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
More from opendoorMore posts in opendoor »
- Trump’s 50-year mortgage is ‘a big nothingburger’ for homebuyers
- New Opendoor CEO’s plan: ‘Buy more good homes and get more good sellers through our funnel’
- From Vegas to venture capital: Navigating the uncertain path of the proptech founder
- Here’s how to save canceled listings and improve success rates
- Is the ‘proptech winter’ ending? This is what investors are watching
More from RedfinMore posts in Redfin »
- Realtors reject proposal to require disclosure of more referral fees
- 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
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 »
- Stop begging for deals: 9 real-world tips for negotiating concessions
- 5 reasons your plumber is quietly richer than you
- Here’s why SMART goals are dumb and STUPID goals work better
- NAR by the numbers: Dues flat, members ‘sticky,’ cost cuts ahead
- Don’t merge Fannie and Freddie, says their biggest investor
More from TechnologyMore posts in Technology »
- Paraspot AI sees the future of property inspection: Tech Review
- Dawn of a new era: Here’s how NAR says it’s changing for its members
- 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
More from Zillow OffersMore posts in Zillow Offers »
- Here’s how to save canceled listings and improve success rates
- 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’
Be First to Comment