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...
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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...
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...
“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...
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 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...
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...
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...
“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...
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....
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