Redfin signed an agreement Thursday to buy RentPath, the Atlanta-based owner of ApartmentGuide.com, Rent.com and Rentals.com, for $608 million in cash. We’ll need the Federal Trade Commission and a bankruptcy court to approve the deal. When approved, this acquisition will bring together a leading site for buying a home with a leading site for renting
Each February, Redfin reports on the diversity of our employees in the prior year, and the results from our initiatives to make Redfin a better place for people of all colors and creeds to work.
This is big. Today’s Department of Justice’s settlement with the National Association of Realtors now lets real estate websites show the fees paid to the brokers representing homebuyers.
Redfin complies with the Fair Housing Act, which clearly supports a business’s decisions to set the customers and areas it serves based on legitimate business reasons such as price.
Every year, Redfin reports on our workforce diversity. This report reflects our company’s focus on racial, ethnic and gender diversity.
Homebuyer demand is now 25% above pre-pandemic levels. Redfin agents report bidding wars are “bananas” with homes “flying off the shelves.” Sale prices are up 3.1%; asking prices are up 9.9%.
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