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Madrona managing director Paul Goodrich, Surefield founder David Eraker, and Redfin CEO Glenn Kelman (Credit: Madrona, Surefield, Redfin)

Co-founder sues Redfin for alleged serial thievery

A co-founder who left Redfin in 2006 is suing his former company for copying virtual home tour technology he...

Co-founder sues Redfin for alleged serial thievery
Redfin CEO Glenn Kelman

Despite revenue uptick, Redfin posts $60M loss in Q1

Redfin posted a $60 million loss in the first three months of 2020, a period in which the company’s...

Despite revenue uptick, Redfin posts $60M loss in Q1
TSCG and SCG Retail's David Firestein, Meridien Retail Leasing's James Famularo and Newmark Knight Frank's Jeffrey Roseman

Virus will leave lasting impact on retailers and their landlords, industry pros say

The near-total shutdown of New York City shops and restaurants during the coronavirus crisis will likely be felt for...

Virus will leave lasting impact on retailers and their landlords, industry pros say
Redfin CEO Glenn Kelman (Credit: Randy Stewart via Flickr; iStock)

“I can’t imagine the grief we’ve caused you:” Redfin furloughs 41% of agents

In the most drastic cuts seen in residential brokerage since the pandemic began, Redfin said Tuesday that it would...

“I can’t imagine the grief we’ve caused you:” Redfin furloughs 41% of agents
Durable Capital's Henry Ellenbogen and Redfin CEO Glenn Kelman (Credit: Ellenbogen by Paul Morigi/Getty Images for The Phillips Collection; Redfin)

Redfin sells $110M stake to VC firm

Redfin just got a $110 million shot in the arm from an influential backer, as the discount brokerage looks to ride out economic turmoil caused by coronavirus. The Seattle-based brokerage said Monday that Durable...

Redfin sells $110M stake to VC firm
Redfin CEO Glenn Kelman (Credit: Redfin)

Redfin execs tighten belt and give agents a boost

Agents at real estate brokerage Redfin are getting a reprieve and the CEO is forsaking compensation in light of...

Redfin execs tighten belt and give agents a boost
Realogy CEO Ryan Schneider (Credit: Jhila Farzaneh for The Real Deal)

Realogy is latest iBuyer to suspend cash offers

Realogy is the latest iBuyer to stop making cash offers for houses amid the market turmoil sparked by the...

Realogy is latest iBuyer to suspend cash offers
Redfin pulls plug on iBuying program

Redfin pulls plug on iBuying program

Discount brokerage Redfin Corp. is suspending its instant home-buying program amid economic turmoil sparked by the coronavirus pandemic. The Seattle-based firm, led by CEO Glenn Kelman, made the announcement Wednesday, according to the Wall...

Redfin pulls plug on iBuying program
Redfin's Glenn Kelman (Credit: iStock)

“It’s on like Donkey Kong”: Redfin scrambling to keep up with iBuyer demand

Redfin’s losses nearly doubled to $81 million in 2019, but there was a silver lining to be found on...

“It’s on like Donkey Kong”: Redfin scrambling to keep up with iBuyer demand
Redfin CEO Glenn Kelman (Credit: iStock)

Why Redfin is holding back on growing iBuying business

Redfin’s revenue jumped 70 percent during the third quarter as the brokerage’s instant home-buying business raked in $80 million....

Why Redfin is holding back on growing iBuying business
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