Seattle-based real estate tech company Redfin is facing allegations of discriminatory pricing practices and “redlining” in a lawsuit filed by the National Fair Housing Alliance (NFHA) and other fair housing… Read More
Zillow has cut about 80 positions from its Zillow Offers homebuying and selling operation, streamlining its management structure in some of the 25 markets where the service has launched, GeekWire… Read More
Seattle-area tech companies are joining a national movement to increase the diversity on U.S. corporate boards of directors by adding Black members. Companies including Accolade, Amperity, Heritage Environmental Services, RealSelf… Read More
— Leafly General Counsel Yoko Miyashita will take over as chief executive officer from outgoing CEO Tim Leslie. Miyashita joined the Seattle-based online cannabis platform last year and previously spent… Read More
It’s been a crazy year for Redfin, to say the least. The Seattle real estate company laid off 7% of its staff and furloughed hundreds of agents in April as… Read More
Seattle-based real estate company Redfin topped Wall Street estimates for its second quarter earnings, reporting $214 million in revenue, up 8%, and a net loss per share of $0.08. Analysts… Read More
A combination of record-low mortgage rates, remote work policies, and other factors are driving homeowners in cities such as Seattle and San Francisco to look elsewhere for a new place… Read More
Seattle-based real restate company Redfin is resuming its RedfinNow home-buying business in four additional markets, the company announced Friday, continuing to power back up a business that was paused because… Read More
The Seattle real estate tech companies that have spent the past several years reporting on how attractive and hot tech hubs like Seattle, Silicon Valley and elsewhere are have shifted… Read More
One of Redfin’s co-founders is suing the high-tech real estate brokerage for patent infringement and intellectual property theft, alleging that the violations handicapped his current startup. Surefield founder David Eraker… Read More
The rush to crowd into cities to be closer to tech jobs could be a thing of the past in the wake of the COVID-19 pandemic as more people embrace… Read More
Redfin is leaning on technology as it adapts amid the global pandemic. The Seattle real estate company posted its first quarter earnings report on Thursday with $191 million in revenue,… Read More
Here’s what we’re talking about this week on the GeekWire Podcast. “Picture restaurants that only seat people at every other table, and airplanes where every middle seat is empty.” That… Read More
Seattle real estate giant Redfin on Friday appointed David Lissy to be its new board chairman. Former chairman Robert Mylod, who served in the role since 2016, will remain on… Read More
Buyers, seek opportunity. Sellers, hold off. That’s the advice from Redfin CEO Glenn Kelman as questions swirl about the real estate market amid the COVID-19 pandemic. In an interview with… Read More
How can business and tech leaders navigate the economic fallout from COVID-19 and emerge stronger on the other side? One of the best ways to chart your own course is… Read More
Redfin will cut 7% of its staff and furlough hundreds of agents due to decreased housing demand amid the COVID-19 crisis. The Seattle real estate giant will slash 41% of… Read More
Redfin is getting some financial support as the Seattle real estate company navigates through the COVID-19 crisis. The company sold $110 million of stock to Durable Capital Partners, a year-old… Read More
Redfin is making adjustments amid the COVID-19 crisis and uncertainty surrounding the real estate market. The Seattle real estate company wrote a letter to shareholders Thursday outlining cost-cutting moves and… Read More
More people may be turning to virtual experiences when it comes to buying and selling homes during the coronavirus outbreak, and on Thursday, Seattle-based real estate company Redfin hosted a… Read More
Seattle-based real estate company Redfin announced Wednesday that RedfinNow, an arm of its business that buys homes directly from homeowners and resells them to homebuyers, will temporarily pause making offers on… Read More
Fears over the novel coronavirus outbreak and an oil price war led to the worst day for U.S. stocks since 2008 and a 15-minute halt in trading Monday. The Dow… Read More
It’s the beginning of prime house-hunting season in Seattle, but a cloud of uncertainty sits over the market due to the spread of coronavirus across the region. On Wednesday, Glenn… Read More
The cities of Las Vegas, Phoenix, Raleigh-Durham, Charlotte and Atlanta all have one thing in common — they were the most popular markets for the so-called iBuyers like Zillow, Redfin,… Read More
— In 2017, news of sexual harassment problems at Uber made national headlines and investigations led to the ousting of the company’s leader. Since then, a spotlight has shone on… Read More
Shares of Redfin were up more than 5 percent in after-hours trading after the real estate company posted its fourth quarter earnings report. Revenue grew 88 percent year-over-year to $233… Read More
Seattle real estate tech startup MoxiWorks is teaming up with leading iBuyer Opendoor in a new partnership to help agents get cash offers for their clients’ homes. Opendoor, like Seattle’s… Read More
The so-called “iBuyer” movement is still young, but a new report sheds light on its growing impact on real estate. Redfin released its first-ever quarterly report focused on iBuyers —… Read More
Well, that didn’t take long. Zillow Group’s home sales division now makes up the majority of the company’s business, just 19 months after it started and nine months after the… Read More
Shares of Redfin were up more than 6 percent in after-hours trading after the real estate company posted its third quarter earnings report. Revenue grew 70 percent year-over-year to $239… Read More