NASDAQ:RDFN Stock Quote
Redfin Corp is a technology-driven real estate brokerage that aims to revolutionize the way people buy and sell homes
By leveraging sophisticated online tools and a user-friendly platform, Redfin provides comprehensive real estate services that include property listings, home searches, and market insights. The company employs a team of real estate agents who utilize data analytics to streamline the home buying and selling process, helping clients to make informed decisions. Additionally, Redfin offers unique features such as virtual tours and innovative pricing strategies to enhance the customer experience in an increasingly digital market.
Frequently Asked Questions
Can you sell your home through Redfin?
Yes, homeowners can sell their properties through Redfin. The company offers comprehensive listing services that include competitive pricing strategies, professional photography, and marketing efforts to promote the property. Redfin also provides sellers with access to its network of buyers and analytics-driven insights into local market conditions, aiming to maximize exposure and sale price for listed homes.
Does Redfin offer mortgage services?
Yes, Redfin provides mortgage services through Redfin Mortgage, which offers home loans to buyers purchasing properties listed on their platform. The service aims to simplify the financing process by allowing customers to manage their home purchasing and mortgage needs in one place. Redfin Mortgage offers competitive rates and various loan options, including conventional and FHA loans, to accommodate different buyer profiles.
How can I track Redfin's stock performance?
You can track Redfin's stock performance by checking financial news websites, stock market apps, or directly on the Nasdaq exchange under the ticker symbol RDFN. Additionally, many online brokerage platforms and investment tracking tools provide real-time information on stock prices, trading volume, and historical performance, allowing investors to track Redfin's market trends and evaluate its investment potential.
How can I work for Redfin?
To work for Redfin, applicants can visit the company's careers page on its website, where current job openings are listed across various corporate roles, as well as licensed real estate agents. Redfin values innovation and customer focus, seeking individuals who align with its mission. The application process typically involves submitting a resume and cover letter, participating in interviews, and completing evaluations or assessments relevant to the applicant's desired position.
How does Redfin charge for its services?
Redfin charges a lower commission than many traditional brokerages, making it an attractive option for sellers. Typically, the commission for selling a home through Redfin ranges from 1% to 1.5%, depending on the services chosen. Additionally, Redfin offers buyer rebates in certain markets, where buyers can receive a portion of the commission back after closing, further incentivizing purchasers to use its services.
How does Redfin differ from traditional real estate companies?
Redfin differentiates itself from traditional real estate companies by leveraging technology to provide a more efficient and transparent home buying and selling process. Unlike conventional models that depend heavily on commissions, Redfin offers lower fees for sellers and utilizes data analytics to optimize home pricing. Its online platform enables users to easily access information, schedule tours, and connect with agents, offering a modern alternative to traditional real estate practices.
How does Redfin use technology in its operations?
Redfin employs technology at various stages of the real estate process to enhance customer experience and streamline operations. This includes advanced algorithms for home pricing, an intuitive website and app for home searches, virtual reality tours, and digital marketing tools. By utilizing data analytics and machine learning, Redfin provides users with personalized recommendations and insights, setting itself apart from many traditional brokerage models.
Is Redfin a publicly traded company?
Yes, Redfin Corporation is a publicly traded company on the Nasdaq stock exchange under the ticker symbol RDFN. The company went public in July 2017, offering its shares to investors and enabling them to participate in its growth as it continues to innovate in the real estate sector. As a publicly traded entity, Redfin is subject to regulatory requirements and must report its financial performance regularly.
Is Redfin involved in any philanthropic activities?
Yes, Redfin is involved in various philanthropic activities and initiatives aimed at giving back to the communities it serves. The company has engaged in programs like the Redfin Foundation, which focuses on providing financial support to affordable housing projects and other community initiatives. Redfin also encourages its employees to participate in volunteer activities and supports local charities that align with its mission of promoting equitable housing.
What are Redfin's recent business developments?
Redfin regularly updates its business strategies and service offerings to adapt to evolving market conditions and consumer needs. Recent developments may include the introduction of new technology features, expansion into additional markets, and enhancements to its existing services such as Redfin Mortgage and home buying tools. Following Redfin's press releases or corporate updates can provide insights into its latest achievements and directions.
What areas does Redfin operate in?
Redfin operates in multiple markets across the United States, including major metropolitan areas and suburban regions. The company continuously expands its services to new locations, aiming to increase its national footprint. Current available markets include major cities like Seattle, San Francisco, New York, and Atlanta, among others, although its presence may vary based on local regulations and market conditions.
What does Redfin Corporation do?
Redfin Corporation is a technology-powered real estate company that provides various services related to buying and selling homes. Founded in 2004, Redfin uses innovative technology to streamline the real estate process and offer consumers a more efficient and transparent experience. The company operates a website and mobile app that helps users search for homes, view listings, and connect with real estate agents, while also offering services such as home buying, selling, and listings for associated mortgage and title services.
What is Redfin's mission statement?
Redfin's mission is to redefine real estate in the consumer's favor. The company strives to use technology to simplify the transaction process and provide clear and easy access to real estate information. By prioritizing customer experience and transparency, Redfin aims to empower homebuyers and sellers, making real estate transactions more accessible and efficient for everyone.
What is the Redfin brokerage model?
Redfin operates a hybrid brokerage model that combines traditional real estate services with a technology-driven approach. This model includes licensed Redfin agents who work on a salaried basis, along with a reduced commission structure for sellers. By emphasizing a team-based approach, Redfin aims to enhance the customer experience while ensuring its agents are equipped with the latest tools and data to serve clients more effectively.
What services does Redfin offer?
Redfin offers a wide range of real estate services aimed at helping consumers buy and sell homes efficiently. These services include online home searches, access to real estate agents for personalized assistance, virtual tours, home pricing tools, and innovative marketing strategies for sellers. Additionally, Redfin operates a mortgage division, allowing customers to obtain financing for their home purchases directly through the company.
What types of properties does Redfin list?
Redfin lists a wide variety of residential properties, including single-family homes, condominiums, townhomes, multi-family units, and luxury estates. The platform allows users to search for properties based on various criteria, including location, price, size, and features. This extensive listing database helps cater to the diverse needs of homebuyers and investors looking for residential real estate across the United States.
When was Redfin founded?
Redfin Corporation was founded in 2004 by David Eraker, Michael Dougherty, and Laila Pence. The founders aimed to disrupt the traditional real estate market by using technology to provide consumers with more information and better services. Since its inception, Redfin has grown significantly, becoming a key player in the real estate industry, particularly in the digital space.
Where is Redfin headquartered?
Redfin Corporation is headquartered in Seattle, Washington. The company's headquarters is located in the heart of the city's vibrant tech community, reflecting its commitment to leveraging technology to improve the real estate experience. The Seattle location also allows Redfin to tap into a diverse talent pool, crucial for its innovation-driven business model.
Who are Redfin's competitors?
Redfin competes with a variety of companies in the real estate space, including traditional real estate brokerages such as Keller Williams and RE/MAX, as well as technology-driven platforms like Zillow and Opendoor. Each of these competitors offers unique services, but Redfin's focus on technology and customer experience positions it as a strong alternative in the highly competitive real estate market.
What is the current price of Redfin Corporation - Common Stock?
The current price of Redfin Corporation - Common Stock is 10.24
When was Redfin Corporation - Common Stock last traded?
The last trade of Redfin Corporation - Common Stock was at 4:00 pm EDT on April 2nd, 2025
What is the market capitalization of Redfin Corporation - Common Stock?
The market capitalization of Redfin Corporation - Common Stock is 1.07B
How many shares of Redfin Corporation - Common Stock are outstanding?
Redfin Corporation - Common Stock has 104.91M shares outstanding.