Articles about Redfin

Judge denies FTC request to presume Zillow-Redfin deal ‘unlawful’

A federal court has turned down the Federal Trade Commission’s request to declare a rentals deal between Zillow and Redfin “presumptively unlawful” before trial next month. Read More

Glenn Kelman’s next gig: Former Redfin CEO joins venture firm Greylock as executive in residence

Real estate industry icon Glenn Kelman has found his next home — professionally, anyway. The longtime Redfin CEO, who stepped… Read More

Let there be light: Redfin powers up ‘Sunscore,’ an interactive map to track property sunlight

The 3D map offers a property-level sun-path visualization, tracking sunlight and the shadows cast by surrounding terrain, buildings and trees. Read More

Zillow Group leans into AI as revenue climbs 18% in flat housing market

Zillow Group’s first-quarter shareholder letter made the company’s strongest case yet for its transformation into an AI-powered real estate platform, citing AI-driven productivity gains, a new consumer search mode, and AI tools for agents and property managers. Revenue rose 18% to $708 million. Read More

Tech Moves: Microsoft names corporate VP; Amazon exec departs for Google; Zoom names CPO

Microsoft names a corporate VP for Identity & Network Access, while a CVP of product management departed for Zoom. Amazon loses an exec to Google Cloud. Read More

Tech Moves: Carbon Robotics’ new CFO; Microsoft gaming GM goes to Netflix; Nordstrom gets VP of AI

Carbon Robotics names a CFO; Nordstrom gets a VP of AI; and a Microsoft gaming GM goes to Netflix while one of its longtime legal leaders retires. Read More

Tech Moves: Zillow names CPO; AWS leader retires; Microsoft hires AI expert from Apple

Zillow Group announced three promotions to its senior leadership team. Earlier this month, Zillow reported its revenue grew 16% last… Read More

Seahawks, Satya, and scary Alexa: GeekWire’s Super Bowl LX notebook

From the Allen family legacy to the “AI Bowl,” here are GeekWire’s takeaways from Seattle’s Super Bowl triumph in the heart of Silicon Valley. Read More

Super Bowl tech ad roundup: Al can kill you — or help find your lost dog

rtificial intelligence is taking over the Super Bowl LX commercials much like the technology is taking over our lives. And that’s a good thing if your dog has gone missing. Or a bad thing if you’re paranoid about Alexa bringing the garage door down on your neck. Read More

Redfin’s first Super Bowl ad enlists Lady Gaga, who brings new life to a Mister Rogers classic

The 20-year-old real estate company, under new parent Rocket Companies, released a teaser video for a Super Bowl ad that will feature Lady Gaga performing the Mister Rogers classic “Won’t You Be My Neighbor?” Read More

Tech Moves: Former Microsoft CVP joins Amazon; Chronus names CEO; REI hires AI leader

Amazon Quick Suite has a new vice president, Chronus named a CEO, Supio added to its C-suite, and REI got an AI lead, among other Seattle area tech moves. Read More

Podcast

Amazon fixes Alexa ordering bug, Microsoft rethinks AI data centers, and cameras capture every fan

Amazon fixes an Alexa voice-ordering bug after a listener spotted a misleading comment on the GeekWire Podcast. We dig into the limits of voice commerce, Microsoft’s new “community first” approach to AI data centers, and what it says about growing backlash over power and water use. Read More

Redfin CEO Glenn Kelman departs after leading Seattle real estate giant for 20 years

Kelman joined Redfin in 2005, a year after it launched, and helped guide the company from a small Seattle startup into a nationally known real estate brokerage and technology platform. Read More

Redfin partners with Sierra on new AI-powered conversational search for homebuyers

The real estate brokerage site Redfin released a conversational chatbot for home buyers, fueling more engagement and tour requests. Read More

Zillow posts $676M in Q3 revenue as rentals and mortgage businesses power growth

Revenue was $676 million for the third quarter, up 16% year-over-year and above the company’s previous guidance, driven by the strength of its rentals and mortgage divisions. Read More

Washington joins 4 other states in lawsuit against Zillow and Redfin over rentals partnership

This story first appeared on Real Estate News. Five states including Washington are suing Zillow and Redfin over a rental… Read More

FTC sues Zillow and Redfin over rentals deal

This story originally appeared on Real Estate News. The Federal Trade Commission is suing real estate giants Zillow and Redfin, alleging… Read More

Rocket Companies completes Redfin acquisition; new pricing program is first perk of partnership

Rocket Companies completed its acquisition of Redfin on Tuesday, bringing together the nation’s largest mortgage lender with the tech-enabled Seattle… Read More

Redfin CEO says employees and agents ‘over the moon’ about Rocket’s vision for Seattle company

This story originally appeared on Real Estate News. Redfin on Tuesday announced its last quarterly earnings results as an independent company,… Read More

Fireballs, foxholes, and cryogenic suspension: Redfin CEO Glenn Kelman’s greatest quips

We’re going to miss Glenn Kelman’s earnings calls. Redfin’s CEO, who last week announced a $1.75 billion deal to sell… Read More

Podcast

Podcast: The meaning of Rocket’s Redfin deal, and how Microsoft is bringing AI to Xbox gamers

This week on the GeekWire Podcast, we discuss the big real estate technology news of the week: Rocket Companies, the… Read More

Zillow responds to Rocket’s planned $1.75B acquisition of Redfin

Rocket Companies’ planned $1.75 billion acquisition of Seattle-based brokerage Redfin sparked questions about a potential competitive threat to fellow Seattle… Read More

Redfin to be acquired by Rocket Companies in $1.75B deal

Follow-up: Zillow responds to Rocket’s planned $1.75B acquisition of Redfin Rocket Companies agreed to acquire Seattle-based Redfin in a $1.75… Read More

Redfin CEO addresses ‘painful’ restructuring; stock dips 11% after Q4 earnings miss expectations

This story originally appeared on Real Estate News. Redfin closed out 2024 with a healthy bump in revenue, but profits… Read More

Could Zillow buy Redfin? New rentals partnership brings real estate rivals closer together

Zillow Group and Redfin are long-time competitors. So when the Seattle-based real estate technology giants announced a key partnership earlier… Read More

Redfin to lay off 450 employees after inking new rentals partnership with Zillow Group

This story originally appeared on Real Estate News. While a new listings partnership between Redfin and Zillow is expected to benefit… Read More

Redfin sees uptick in downtown Seattle apartment rents, and watches for further Amazon effect

The median asking rent for an apartment in downtown Seattle rose for the first time in 17 months, according to… Read More

Redfin lays off 46 employees in latest cuts at Seattle real estate company

Redfin laid off 46 employees on Thursday, in another round of job cuts at the Seattle-based real estate company. A… Read More

Zillow adds climate risk data to its real estate listings

Real estate listings on Zillow now include details about a property’s climate risks and whether natural disaster insurance is critical… Read More

‘It’s Twilight Zone’: Redfin CEO befuddled at housing market as sales stay slow despite lower rates

It’s not often that the phrases “urine” and “blood” make it on to a public company’s earnings call with analysts.… Read More