Compass Sues Zillow for ‘Joint Boycott’; Accuses Redfin and eXp of Co-Conspiracy
The real estate battle continues. Compass has filed a sweeping federal antitrust lawsuit against Zillow, accusing the online listing platform ...
Tag: Glenn Kelman
Redfin Inks Zillow Deal, Turns To Layoffs With Cost-Optimization Strategy
The name of the game for Redfin in 2025 is recovery. As part of that, Redfin has initiated a cost-optimization ...
Redfin CEO Apologizes to Shareholders After Profit Eludes Company in Q3 Earnings Report
2024’s third quarter dragged down Redfin’s financials, according to the company’s latest earnings report. Redfin’s revenue declined to $278 million, ...
Redfin CEO Alarmed at Pace of 2024 Home Sales; Earnings Tread Water
Corporate quarterly reports, unless they include dramatic swings in earnings, are often same-old, same-old. However, when the industry is in ...
Redfin Q1 Revenue Rises, but Net Losses Up as Well From 2023; CEO Notes New Normal
One day after deciding to settle commission lawsuits with a proposed $9.25 million-dollar payout, Redfin, in a May 7 Q1 ...
Redfin Resigns NAR Board Seat; Will Require Employees to Cut Ties as Well
In a surprise message to employees today, Glenn Kelman, founder of portal giant Redfin, announced that his company is seeking ...
Zillow and Redfin Partner to Share New-Construction Listings
And just like that, a pair of rivals in the real estate portal sector are teaming up. As they prepare ...
Redfin Q1 Revenue and Profits Tumble Amid Housing-Market Hurdles
It always helps to be a glass-half-full thinker when faced with the challenges of a turbulent market shift. Redfin CEO ...
Market Cooldown ‘Won’t Be Enough to Sink’ Redfin, Says CEO as Profits Dip in Q2
Despite raking in $606.9 million in revenue, nearly a third more than last year, Seattle-based real estate brokerage Redfin saw ...
‘Pugnacious’ Kelman Hits Back On Lawsuit, Talks Market Distress
On a mixed Q1 earnings call where his company beat revenue targets while also seeing its net losses continuing to ...
Year-End Tune-Up: Streamline Your Real Estate Toolbox for 2026
Before the new year comes around, now is the time to step back and evaluate your tech stack, from your CRM and marketing automation tools to your showing schedulers and AI assistants. Read more.
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