Glenn Kelman


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Redfin's Glenn Kelman (iStock)

Redfin settles redlining lawsuit for $4M

Redfin will fork over $4 million to settle a discrimination suit that claimed the company failed to provide brokerage services for homes listed below a certain price, a practice that plaintiffs dubbed “digital redlining.”...

Redfin settles redlining lawsuit for $4M
Glenn Kelman (Randy Stewart via Flickr)

Redfin revenue grows as it races to hire more agents

The hot housing market has crowned another winner: Redfin. The discount brokerage reported revenue of $866.1 million in 2020,...

Redfin revenue grows as it races to hire more agents
Redfin CEO Glenn Kelman (Photos via Redfin; Getty)

Redfin accused of redlining in lawsuit

The National Fair Housing Alliance has accused Redfin of discriminatory policies and redlining, months after the national brokerage’s CEO pledged to address systemic racial discrimination. In a lawsuit filed Wednesday in the United States...

Redfin accused of redlining in lawsuit
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: 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
Redfin's Glenn Kelman

iBuying pays off for Redfin, as revenue soars 39%

Demand for instant home-buying has started to pay dividends for Redfin. The Seattle-based discount brokerage said second-quarter revenue rose...

iBuying pays off for Redfin, as revenue soars 39%
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