From Our CEO - Redfin

From Our CEO

NAR Settlement: Kaboom!

The National Association of Realtors today entered into a $418-million settlement agreement for a wide range of class-action lawsuits brought by home-sellers. Unlike the earlier settlements with large brokerages, NAR also agreed to what could be a major structural change: eliminating the field in listing databases for the agent listing a home to offer a

Change Comes to the Real Estate Industry

A jury today issued a verdict in the Sitzer-Burnett federal class-action lawsuit finding that the National Association of Realtors and major real estate franchisors conspired to inflate real estate commissions, by requiring home sellers to offer a commission to the agent representing a buyer, as a prerequisite to listing their property. Damages of $1.8 Billion

Redfin agent greets a couple at door

A New Day for the Brokerage Industry: Redfin Next

In San Francisco and Los Angeles, Redfin is launching a new pay plan offering the agents we employ traditional commission splits, paired with Redfin’s customers, benefits and support. Agents interested in learning more about the plan can visit redfin.com/next.  A Split Up to 75%. 100+ Customers per Year. Virtually No Expenses. Under this plan, called

Redfin is Leaving NAR

The following letter is from Redfin’s leadership team:  Redfin is moving to end our support of the National Association of Realtors for two reasons: NAR policies requiring a fee for the buyer’s agent on every listing a pattern of alleged sexual harassment.  A Long Time Coming We’ve had many meetings with NAR execs to explore

Adam Wiener Is Leaving Redfin

Our CEO, Glenn Kelman, sent this email to all Redfin employees on August 29, 2023. Dear Redfin, Redfin’s president of real estate services, Adam Wiener, is leaving Redfin. He joined us in 2007 as a product manager for agent tools, then ran our partner program, analytics, marketing, a variety of new businesses, and, finally, Redfin

Redfin CEO Slack Message on Affirmative Action Ruling

In response to employee questions about how the Supreme Court’s affirmative action ruling would affect Redfin’s diversity policies, Redfin CEO Glenn Kelman posted this message to a Slack channel for all employees. The Court’s Ruling Doesn’t Apply to Redfin Many Redfin employees have asked us about Thursday’s Supreme Court ruling on affirmative action at Harvard

NAR Settlement: Kaboom!

The National Association of Realtors today entered into a $418-million settlement agreement for a wide range of class-action lawsuits brought by home-sellers. Unlike the earlier settlements with large brokerages, NAR also agreed to what could be a major structural change: eliminating the field in listing databases for the agent listing a home to offer a

Change Comes to the Real Estate Industry

A jury today issued a verdict in the Sitzer-Burnett federal class-action lawsuit finding that the National Association of Realtors and major real estate franchisors conspired to inflate real estate commissions, by requiring home sellers to offer a commission to the agent representing a buyer, as a prerequisite to listing their property. Damages of $1.8 Billion

Redfin agent greets a couple at door

A New Day for the Brokerage Industry: Redfin Next

In San Francisco and Los Angeles, Redfin is launching a new pay plan offering the agents we employ traditional commission splits, paired with Redfin’s customers, benefits and support. Agents interested in learning more about the plan can visit redfin.com/next.  A Split Up to 75%. 100+ Customers per Year. Virtually No Expenses. Under this plan, called

Redfin is Leaving NAR

The following letter is from Redfin’s leadership team:  Redfin is moving to end our support of the National Association of Realtors for two reasons: NAR policies requiring a fee for the buyer’s agent on every listing a pattern of alleged sexual harassment.  A Long Time Coming We’ve had many meetings with NAR execs to explore

Adam Wiener Is Leaving Redfin

Our CEO, Glenn Kelman, sent this email to all Redfin employees on August 29, 2023. Dear Redfin, Redfin’s president of real estate services, Adam Wiener, is leaving Redfin. He joined us in 2007 as a product manager for agent tools, then ran our partner program, analytics, marketing, a variety of new businesses, and, finally, Redfin

Redfin CEO Slack Message on Affirmative Action Ruling

In response to employee questions about how the Supreme Court’s affirmative action ruling would affect Redfin’s diversity policies, Redfin CEO Glenn Kelman posted this message to a Slack channel for all employees. The Court’s Ruling Doesn’t Apply to Redfin Many Redfin employees have asked us about Thursday’s Supreme Court ruling on affirmative action at Harvard

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