Buyers are torn between acting before rates climb or avoiding all-time high prices as sellers look to act quickly, Redfin CEO Glenn Kelman said on CNBC.
Acquisitions, spats, implosions and brawls: As the year wraps up and real estate professionals wish for the best in 2022, test your knowledge of the biggest real estate stories of 2021.
Redfin is an iBuyer, a brokerage and a portal. But the company is also known for taking a more conservative approach to growth than some rivals.
The company cited the real estate industry's history of redlining, as well as the potential to reinforce racial bias, as reasons to abandon crime data on search portals and other websites.
In a wide-ranging speech on the real estate market at Inman Connect Las Vegas, Redfin CEO Glenn Kelman expressed skepticism about the potential growth of iBuying. Watch the entire presentation here.
The brokerage and portal company raked in $540 million between July and September, and it saw its losses improve.
Two years after the National Association of Realtors approved the Clear Cooperation Policy, pocket listings are as strong as ever. This is Inman's first story in a five-part series.
Glenn Kelman said Wednesday at Inman Connect that many agents expect iBuyers to grow. He isn't so convinced but does see disintermediation as a real issue.
In a candid interview, Redfin CEO Glenn Kelman talks about his decision to furlough agents and other tipping points that have changed his career.
A recent viral video suggested iBuyers could jack up the prices of homes. But one expert called the theory "fairly conspiratorial," and iBuyers themselves said they still have a tiny share of the market.
Redfin Premier and RedfinNow's robust performance pushed Redfin's revenue to new heights during Q2 2021. However, agent attrition and website traffic continue to be an issue.
Top Agent Network argues that office exclusives result in less inventory, less exposure for listings and less consumer choice while benefitting large brokerages.