Redfin revenue down by nearly half, but better than expected
Redfin CEO Glenn Kelman says the company is ‘leaner, hungrier’ and ready for when the real estate market rebounds.
May 4, 2023
The latest on Redfin
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- Redfin revenues down 25% but better than expectedCEO and founder Glenn Kelman said the company is continuing to cut expenses and looking to increase the number of online visitors who hire Redfin agents.February 16, 2023
- Redfin reports net loss of $90.2 million after layoffs, iBuyer shutdownRedfin announced significant losses and a new round of layoffs in anticipation of a continuing slowdown "at least through 2023."November 9, 2022