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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] In 2023, the company had a 0.76% market share in the United States by number of units sold and had an average of 1,776 lead agents.
Multiple listing service. A multiple listing service (MLS, also multiple listing system or multiple listings service) is an organization with a suite of services that real estate brokers use to establish contractual offers of cooperation and compensation (among brokers) and accumulate and disseminate information to enable appraisals.
A difficult backdrop four housing activity. Redfin is a cyclical business that goes as the housing market goes, and changes in market conditions can significantly impact it. As a result, its ...
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A record number of homes are now valued at $1 million. According to real estate brokerage Redfin, 8.5% of homes in the United States fall into the $1 million-and-up price bracket, marking an all ...
Nearly one in five homes for sale in June had a price cut — also the highest level of any June on record, reports Redfin. That’s a jump from 14.4% the year prior and just behind the 21.7% ...
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