Redfin iBuyer offers usually rejected: Redfin chief executive

Glenn Kelman said most who receive offers from his company’s iBuyer program reject those offers, but he argued that the program still helps sell houses.

Redfin Now’s all-cash homebuying offers are usually rejected

Glenn Kelman said most who receive offers from his company’s iBuyer program reject those offers, but he argued that the program still helps sell houses.

Redfin beats expectations with over $124M in revenue for Q4 2018

Those earnings represent an increase of 30 percent compared to the fourth quarter of 2017, the company revealed. Redfin also saw a net loss in the final three months of 2018 of $12.2 million, compared $1.8 million during the same period in 2017.

Redfin is officially live in Canada

Redfin’s brokerage services and listings website are officially live in Toronto, Canada. Starting Tuesday, users can log onto www.redfin.ca to see homes for sale in the greater Toronto area, with Vancouver next and other cities to follow.

Redfin and Zillow take Texas

As direct-to-consumer homebuying and selling platforms continue to rise, Zillow and Redfin are taking their iBuyer platforms to Texas.

Yelp hides reviews pages for Opendoor, Offerpad

Yelp has made it extremely difficult for people to find reviews for Opendoor and Offerpad, two of the country’s leading online homebuyers and resellers.

WATCH: How should agents handle the current market shift?

Get the scoop from Coldwell Banker Global Luxury’s Joyce Rey, Redfin’s Daryl Fairweather, WealthQuotient’s David Friedman, Warburg Realty’s Clelia Peters and Keller Williams Capital Properties’ Brandon Green on what to expect in 2019.

Should Amazon buy Redfin?

Amazon is already dabbling in real estate and has hinted it might have bigger plans, but this week, one analyst floated a way the company could take the plunge and become a major force in the sector: buy online brokerage Redfin.

BlackRock raises stake in RE/MAX

BlackRock lifted its stake in RE/MAX Holdings by 5.2 percent in the third quarter, elevating its total ownership of the real estate franchisor to 15.2 percent.

Virtual brokerages ‘will pull us all down’

Long & Foster CEO Jeff Detwiler is unhappy with the state of agent professionalism, training and supervision in the real estate industry. He put virtual brokerages in the crosshairs in conversation with David Charron, the president of MRIS Investors, at Inman Connect in New York City on Thursday.