Redfin is now offering rental search on its platform, adding to its listings of for-sale homes. The rental search is powered by RentPath, the Atlanta-based company Redfin acquired last year for $608 million in cash, its largest acquisition in history. RentPath owns Rent.com, Rentals.com and ApartmentGuide.com.
Redfin is best known for its home buying and selling services, but apartment rentals is an attractive slice of the home market that the Seattle company has not yet touched in a big way.
Redfin is also in the process of acquiring mortgage lender Bay Equity Home Loans for $135 million in cash and stock.
