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Glenn Kelman is the chief executive of Redfin, a self-described technology-powered real estate company, a modern way to buy and sell homes. He’s been at the helm for almost two decades and doesn ...
Redfin Corporation. Redfin Corporation, based in Seattle, provides residential real estate brokerage and mortgage origination services. The company operates in more than 100 markets in the United States and Canada. [1] The company has a 0.80% market share in the United States by number of units sold and has approximately 2,000 lead agents.
Redfin employed about 1,776 real estate agents on average last year, down from 2,426 in 2022. The company also shuttered its online home buying and selling business, RedfinNow, in November 2022.
Redfin recently said pending home sales were down 5% during the four weeks ending June 30, their biggest decline in months. Separately, but in a sign of lessening demand as well, Redfin’s ...
“The issue is that the correction hasn’t been a correction; prices are up 5%,” Redfin’s chief executive, Glenn Kelman, told CNBC yesterday. “And that’s because interest rates rose so ...
It is owned by RentPath which is in turn owned by Redfin. History. Rent.com was founded in 1999 as Viva.com. In December 2004, eBay purchased Rent.com for $415 million. On May 8, 2012, RentPath, then known as Primedia, acquired Rent.com from eBay for approximately $415 million.
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