Real Estate Management and Development
Company Overview of Redfin Corporation
Redfin Corporation operates as an online real estate brokerage company in the United States. The company handles tours, pricing analysis, negotiations, inspections, and closings; and features listings directly from broker databases, as well as for-sale-by-owner and foreclosure properties on the Internet. It also provides real estate listings with tax records and analytics. The company sells homes in Atlanta, Austin, Bay Area, Boston, Chicago, Dallas, Denver, Las Vegas, Long Island, Westchester, Oregon, Phoenix, Sacramento, Seattle, Southern California, Baltimore, Philadelphia, and Washington, D.C. It serves home buyers and sellers in Arizona, California, Colorado, Georgia, Illinois, Maryland...
2025 1st Avenue
Seattle, WA 98121
Founded in 2002
Key Executives for Redfin Corporation
President of Real Estate Operations
Head of Local Real Estate Operations
Compensation as of Fiscal Year 2013.
Redfin Corporation Key Developments
Redfin Seeks IPO For $50 million
Nov 13 13
Redfin Corporation is planning for initial public offering (IPO) to raise $50 million. Redfin has raised a $50 million investment led by Tiger Global Management LLC. Glenn Kelman Chief Executive Officer of Redfin said, in an interview that Redfin is profitable, will do between $50 million and $100 million in revenue in 2013, and is on a path toward an IPO.
Redfin Announces Redfin Matchmaker
Sep 5 13
Redfin announced Redfin Matchmaker, new technology for recommending unexpected listings to clients. The technology incorporates the client's individual activity on the website, as well as data from millions of Redfin users to present alternative properties to the Redfin agent for review. The agent evaluates the recommendations then suggests potential matches to clients. Only Redfin takes into account online and in-person activity to make better listing recommendations, with guidance driven by both algorithms and agents. Redfin Matchmaker proved itself in the earliest phases of product testing, with more than 20 homes already sold or in-progress. Chicago Redfin Agent Carrie Georgitsis suspected a bug in the software when Redfin Matchmaker suggested homes in San Diego for her clients Jackie and Erik Pampel, who were looking in Chicago. A few hours later, Carrie received a call from Jackie with news of their plans to fulfill a long-time dream of living in San Diego. The couple ended up closing on a home in Carlsbad, CA with Redfin agent Jordan Clarke, who used Redfin Matchmaker to help the Pampels narrow down a broad selection of neighborhoods.
Redfin Corporation Hires Chris Nielsen as Chief Financial Officer
Jun 20 13
Redfin announced that Chris Nielsen has joined the company as chief financial officer. Most recently, Chris was the chief financial officer and chief operating officer of Zappos.com. At Redfin, Chris will lead the company's finance team, as well as the human resources and legal departments. His experience will help Redfin manage its rapid growth while continuing to deliver the best real estate experience in the industry.
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November 7, 2013