Seattle-based brokerage and portal Redfin’s third-quarter revenue grew 3 percent year over year to $278 million. However, the company’s net losses ballooned 77.8 percent, according to Thursday’s earnings.
Source: Inman News
Revenue grows and losses widen for Redfin in Q3
More from BrokerageMore posts in Brokerage »
- Redfin on 2026: Affordability improves, sales rise only slightly
- Dual licensing is on the rise. Is it the right move for your business?
- Future-proof your digital footprint for 2026 (and beyond)
- Change strategy as the market shifts to win the listings long game
- Listing leverage: How to win the game of securing sellers
More from glenn kelmanMore posts in glenn kelman »
- Zillow’s listing ban hangs in the balance after 4-day hearing
- 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
More from portalsMore posts in portals »
- Zillow reverses course and removes climate data from listings
- Zillow’s SkyTour uses complex 3D tech to simplify home search
- California Association of Realtors leans into referral fee transparency
- Zillow’s listing ban hangs in the balance after 4-day hearing
- This week was all about NAR: Inman’s Top 5 stories
More from q3 2024 earningsMore posts in q3 2024 earnings »
- Growth helps cloud banking tech provider nCino trim Q3 loss by 67%
- Better funds $1B in mortgages in Q3 but still $54M in the red
- Matterport posts $38.4M loss in Q3 as it spends for scale
- Rocket boosts market share, posts $481M Q3 loss on writedowns
- Porch shares soar 55% on $14M Q3 profit and restructuring plan
More from RedfinMore posts in Redfin »
- Redfin on 2026: Affordability improves, sales rise only slightly
- Bayview merger positions Guild Mortgage for refinancing boom
- Zillow reverses course and removes climate data from listings
- Delistings and discounts jump as holiday season approaches
- The IDX lie agents still believe: 5 common misconceptions about real estate websites
More from redfin earningsMore posts in redfin earnings »
- Redfin rides momentum to Q1 revenue bump, beats expectations
- Redfin’s focus on cost-cutting begins to pay off in Q4 earnings
- Redfin narrows losses amid rough Q2 as it braces for more turbulence
- Redfin takes in nearly $600M in Q1 revenue as market share grows
- Redfin’s Q2 revenue jumps 121% to $471 million
More from Redfin NextMore posts in Redfin Next »
More from redfin rentalsMore posts in redfin rentals »
More from SelectMore posts in Select »
- This team is jumping on the private listing platform trend (EXCLUSIVE)
- Redfin on 2026: Affordability improves, sales rise only slightly
- Dual licensing is on the rise. Is it the right move for your business?
- Future-proof your digital footprint for 2026 (and beyond)
- Change strategy as the market shifts to win the listings long game
Be First to Comment