Redfin expanded in a big way earlier this year — announcing in February that it had opened for business in Houston, Charlotte, Raleigh-Durham, New York City’s Bronx borough and the state of Delaware. At the time, that pushed the company’s market total to 21.
But since then, it has been a bit quiet for the Seattle online real estate company on the expansion front. However, it appears that Redfin is prepping to move into at least one new market: Minnesota.
According to a recent job post on the company’s Web site, Redfin is now looking for a real estate market manager for Minneapolis.
You’ll be responsible for the growth and development of your region, evaluating processes, following up with and mentoring Team Leads, working directly with your recruiter to hire employees to serve the needs of the market. You’ll establish best practices and build an organization that’s not just great, but world-class. At Redfin, we’re doing something that has never been done before. We hire people willing to take risks, to screw up, to keep learning and to make things happen.
Redfin now says that it operates in 22 markets across the country. It has closed on more than $8 billion in home sales to date.
“We usually don’t give specific time frames on when we plan to announce a new market until we have our local leader in place and customers can begin working with agents,” said Redfin spokeswoman Jani Strand. She declined to comment on other potential cities where it may expand.
Redfin has been discussed as a potential IPO candidate, with speculation increasing in June after it hired Chris Nielsen, the former chief financial officer and chief operating officer of Zappos, as CFO.
Redfin is backed by Madrona Venture Group, Vulcan Capital, Draper Fisher Jurvetson and Greylock Partners. It raised $14 million in 2011.
