Press
Press Coverage Highlights
Home Buying: How to Find Sweetest Deals
An analysis by national real-estate company Redfin, based in Seattle, has put some science behind that, revealing which houses get heavily discounted and which don't.
Five Ways to Get a Good Deal on a Home
Good Morning America Radio segmentABC News story
Redfin crunched the numbers to figure out which sellers are more likely to negotiate. Here are Redfin's tips on how what to look for when searching for a housing bargain. Diane Sawyer gets the scoop from Redfin CEO Glenn Kelman.
Online Start-up Redfin Saves Home Buyers Money
Linda Flynn is among a growing number of home buyers who swear by Redfin, an online start-up in Seattle that has rocked the real estate market ... Redfin's easy-to-use website provides consumers market data on home-sales histories, school districts and other information. Then Redfin brokers and agents take home buyers on house tours and negotiate and close deals.
The Science of Real Estate
TODAY's Meredith Vieira talks to Glenn Kelman, president of Redfin, an online brokerage, about the science behind what makes a house sell, when to sell it, and what you can get for it.
As Housing Market Cools, Far Fewer Become Agents
Some who want to stay in the business are taking a second look at working for commissions. "People who used to turn up their nose at working for us are now drilling holes to get into the building," said Mr. Kelman of Redfin, which pays a salary and a bonus based on customer satisfaction.
Hi-Tech Real Estate Moves In
Realtors' sacrosanct commission rates of 6 percent may be in danger due to emerging online competition from Internet real estate sellers and buyers. Lesley Stahl reports. video, full text
Redfin, an Online Brokerage, is Challenging the Status Quo - and Upsetting an Industry
"[Redfin's] Web site lists everything from the number of days a house has been on the market to historical sales data. The service is designed to appeal to Internet-savvy buyers who conduct home searches online, visit open houses on their own and don't need -- or necessarily want -- the help of a real estate agent until they're ready to make an offer."
Recent Press Releases
Redfin Launches Neighborhood Analytics
Online real estate broker Redfin today released a major new version of Redfin.com that allows consumers to evaluate neighborhood inventory and pricing trends, using data previously accessible only to real estate agents. For each neighborhood, city or postal code covered by Redfin, consumers can view new listings, price reductions, open houses and trends on how many homes are selling, how long they are taking to sell and at what price.
Redfin Launches Neighborhood Analytics (4.9)
Online real estate broker Redfin today released a major new version of Redfin.com that allows consumers to evaluate neighborhood inventory and pricing trends, using data previously accessible only to real estate agents. For each neighborhood, city or postal code covered by Redfin, consumers can view new listings, price reductions, open houses and trends on how many homes are selling, how long they are taking to sell and at what price.
Redfin Releases Data-Driven Report For Negotiating a Bargain When Buying a Home
Online real estate broker Redfin today released a research report identifying seven characteristics of homes that sell for a significant discount off the asking price. The report is the latest in Redfin's "Science of Real Estate" series that analyze proprietary real estate data and academic research to offer home-buyers and –sellers practical advice.
Redfin Launches Online Real Estate Service in Chicago
Online real estate broker Redfin Corporation today launched its real estate e-commerce service for the Chicago area, its eighth market overall and first new market in 2008. Redfin's brokerage, headquartered in Schaumburg, Ill., now serves Cook and Lake counties, but users can search for listings throughout greater Chicago. The company also expanded its real estate search to reach most of California, Illinois, Maryland, northern Virginia, Massachusetts and western Washington, increasing the number of listings and sale records on its site by more than four million, or almost 40 percent, to a total of 16 million homes.
Redfin Completes Three Multimillion Dollar Transactions in April
Online real estate broker Redfin Corporation today reported an increase in high-end homebuyers using Redfin, completing for the first time in its history three transactions in one month worth more than $2 million each, including one transaction that was worth more than $7 million.
