Redfin Corp - Company Profile
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Redfin Corp (Redfin) is a provider of real estate brokerage services. The company operates an online real estate marketplace. It offers real estate services for individuals in assisting to purchase or sell or mortgage residential property. Redfin also provides title and settlement services, originating and selling of mortgages and buying and selling of residential properties. The company serves home buyers and sellers. It provides formation about available apartments and houses for rent through digital platforms including websites and mobile applications. The company operates in the US and Canada. Redfin is headquartered in Seattle, Washington, the US.
Headquarters
United States of America
Address
1099 Stewart Street, Suite 600, Seattle, Washington, 98101
Website
www.redfin.com
Telephone
1 206 5768610
No of Employees
4,693
Industry
Construction
Ticker Symbol & Exchange
RDFN (NASD)
Revenue (2022)
$976.7M
-11.2%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
59.5%
(2022 vs 2021)
Market Cap*
$620.1M
Net Profit Margin (2022)
XYZ
54.4%
(2022 vs 2021)
* As of and is in US$
Redfin Corp premium industry data and analytics
Products and Services
| Services |
|---|
| Digital Platforms |
| Real Estate Brokerage |
| Title and Settlement Services |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | New Products/Services | In March, the company introduced the beta version of Ask Redfin. |
| 2024 | Corporate Changes/Expansions | In March, the company extended its Sign & Save program to new markets, including Chicago, Los Angeles, Philadelphia, San Diego, and San Francisco. |
| 2023 | Contracts/Agreements | In December, the company entered into a partnership with Roomvo and Bright MLS to launch Redfin Redesign, an AI-powered tool. |
Competitor Comparison
| Key Parameters | Redfin Corp | CBRE Group Inc | Alexander & Baldwin Inc | American Realty Investors Inc | Bluegreen Corporation |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Seattle | Dallas | Honolulu | Dallas | Boca Raton |
| State/Province | Washington | Texas | Hawaii | Texas | Florida |
| No. of Employees | 4,693 | 130,000 | 101 | - | 4,387 |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| David H. Lissy | Chairman | Executive Board | 2020 | 57 |
| Glenn Kelman | Chief Executive Officer; Director | Executive Board | 2006 | 52 |
| Chris Nielsen | Chief Financial Officer | Senior Management | 2013 | 56 |
| Bridget Frey | Chief Technology Officer | Senior Management | 2015 | 45 |
| Anthony Kappus | Chief Legal Officer | Senior Management | 2021 | 42 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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