Glenn Kelman, Author at Redfin Real Estate News - Page 59 of 62
Glenn Kelman

Glenn Kelman

Glenn is the CEO of Redfin. Prior to joining Redfin, he was a co-founder of Plumtree Software, a Sequoia-backed, publicly traded company that created the enterprise portal software market. In his seven years at Plumtree, Glenn at different times led engineering, marketing, product management, and business development; he also was responsible for financing and general operations in Plumtree's early days. Prior to starting Plumtree, Glenn worked as one of the first employees at Stanford Technology Group, a Sequoia-backed start-up acquired by IBM. Glenn was raised in Seattle and graduated from the University of California, Berkeley. He is a regular contributor to the Redfin blog and Twitter.

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Most Recent

The Taxman Does Not Cometh

With tax season upon us, folks have been asking and analyzing and holding forth about whether our refunds are taxable as income. We recently got an answer from the IRS that commission refunds are not taxable. This means that when you buy a $1 million dollar house from Redfin and get a $19,500 commission refund

OK, We Can Be Moved .01%

Thanks to McKinsey-trained Kevin Boer, one of several brokers who reviewed Redfin’s NWMLS data, Redfin has discovered that we screwed up the accounting for one transaction in our analysis of Redfin’s negotiating advantage. Except for this transaction, Kevin seems to have corroborated our analysis. We originally reported that our King County buyers got a final

Here We Stand, For We Cannot Be Moved

Publishing MLS data that shows that Redfin got a better deal for buyers than agents at other brokerages sparked a riot yesterday: here, here, here, here, here, here, here, here, here, here and here. We also showed up in Freakonomics (holy cow!). There has been a healthy discussion about how to interpret the data: whether

A Year’s Numbers Come in From the MLS: Redfin Agents Negotiate Better

Redfin announced big news today, publishing MLS data that indicates our agents negotiate significantly better than their counterparts at traditional brokerages. Last month at Brad Inman’s big real estate conference in New York, Realtor.com President Allan Dalton accused Redfin and other critics of a “massive level of disingenuous communication,” because we ignore the likelihood that

Virtual Idealists

Steve Jobs is the Internet generation’s Robert Kennedy. Close your eyes, and the Apple CEO even sounds like a Kennedy: follow your passion, the charismatic icon tells our youth; change the world. Except Jobs is selling gadgets, not civil rights. No one seems to have noticed. Now, oil companies gush over the environment. Insurance ads

Holy Guacamole! Move.com Squares Off with Redfin at Inman

At real estate’s big Inman technology conference in Manhattan, Redfin squared off with Allan Dalton, Move.com’s President of Real Estate, in a keynote session entitled high-touch vs. high-tech, about the differences between online brokers and traditional real estate agents. Move.com runs Realtor.com for the National Association of Realtors, publishing listings nationwide. It has also threatened

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