From Our CEO
The Naked Truth is Out: Redfin is Profitable
The Naked Truth is over. Every terrace of the Olympic Sculpture Park was packed. All the panelists were mobbed. And we announced our big news: that Redfin was profitable last month, all while maintaining our 97% customer satisfaction. The business has been growing by leaps and bounds, in part because the real estate market has
Why The Real Estate Market Isn't a Free Market
The folks at Redfin got into real estate to make the industry more efficient. But if anything, the market has just gotten less and less efficient. And most of it isn’t the Realtors’ fault but the banks. Banks selling a home don’t trust one another’s credit. They reject appraisals for a price that a buyer
The Naked Truth Returns!
Walking out at 2 a.m. from the paparazzi-lined Chateau Marmont last fall with a few of the world’s nerdiest people*, I was nearly run over by two young women who careened through a parking lot in a brand-new Pontiac to ask us a simple, breathless question: “Do you want to party?” I’d reached the point
Advertising is an Emotional Art
Twitter’s Biz Stone blogged yesteray that Twitter wasn’t interested in banner ads. Undeterred, TechCrunch immediately reported that Twitter would still undoubtedly focus on ads, perhaps of another sort. It was a curious response to what may be a titanic shift in how advertising works. Twitter seems ready to depart from the business model of every
BREAKING NEWS: Jamie DeMichele Wins Redfin's Strongest-Man Competition
Every Monday, Wednesday and Friday at 11:30 a.m., some of Redfin’s finest physical specimens have been stripping down to our under-shirts to compete in the 100-pushup challenge. We’ve been faithfully working through the 6-week program, which promises to build anyone into a mini-Schwarzenegger, for 14 weeks. We embraced the macho rhetoric of the 100-pushups website
Start Spreading the News… Redfin Comes to New York and Sacramento!
Start spreading the news! The Redfin spaceship landed yesterday in Long Island and Westchester County in New York as well as California’s Central Valley, including Sacramento. In one day, we increased our reach by nearly 20% but fell short of conquering the greatest Babylon of them all Manhattan; the brokers there don’t share data with
The Naked Truth is Out: Redfin is Profitable
The Naked Truth is over. Every terrace of the Olympic Sculpture Park was packed. All the panelists were mobbed. And we announced our big news: that Redfin was profitable last month, all while maintaining our 97% customer satisfaction. The business has been growing by leaps and bounds, in part because the real estate market has
Why The Real Estate Market Isn't a Free Market
The folks at Redfin got into real estate to make the industry more efficient. But if anything, the market has just gotten less and less efficient. And most of it isn’t the Realtors’ fault but the banks. Banks selling a home don’t trust one another’s credit. They reject appraisals for a price that a buyer
The Naked Truth Returns!
Walking out at 2 a.m. from the paparazzi-lined Chateau Marmont last fall with a few of the world’s nerdiest people*, I was nearly run over by two young women who careened through a parking lot in a brand-new Pontiac to ask us a simple, breathless question: “Do you want to party?” I’d reached the point
Advertising is an Emotional Art
Twitter’s Biz Stone blogged yesteray that Twitter wasn’t interested in banner ads. Undeterred, TechCrunch immediately reported that Twitter would still undoubtedly focus on ads, perhaps of another sort. It was a curious response to what may be a titanic shift in how advertising works. Twitter seems ready to depart from the business model of every
BREAKING NEWS: Jamie DeMichele Wins Redfin's Strongest-Man Competition
Every Monday, Wednesday and Friday at 11:30 a.m., some of Redfin’s finest physical specimens have been stripping down to our under-shirts to compete in the 100-pushup challenge. We’ve been faithfully working through the 6-week program, which promises to build anyone into a mini-Schwarzenegger, for 14 weeks. We embraced the macho rhetoric of the 100-pushups website
Start Spreading the News… Redfin Comes to New York and Sacramento!
Start spreading the news! The Redfin spaceship landed yesterday in Long Island and Westchester County in New York as well as California’s Central Valley, including Sacramento. In one day, we increased our reach by nearly 20% but fell short of conquering the greatest Babylon of them all Manhattan; the brokers there don’t share data with
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