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Redfin

Organization

A real estate brokerage company known for attempting to innovate on the traditional commission model, but still reliant on the MLS system.


First Mentioned

1/7/2026, 3:41:39 AM

Last Updated

1/7/2026, 3:48:35 AM

Research Retrieved

1/7/2026, 3:48:35 AM

Summary

Redfin is a technology-powered real estate brokerage founded in 2004 and headquartered in Seattle, Washington. Operating as a subsidiary of Rocket Companies, it provides a comprehensive platform for buying, selling, and renting homes across the United States and Canada. The company distinguishes itself through a discount commission model, typically charging a 1.5% listing fee, and offers integrated services including mortgage lending, title, and settlement services. Redfin is identified as a primary beneficiary of the landmark Realtor Commission Settlement against the National Association of Realtors (NAR), a legal shift expected to disrupt traditional commission structures and the monopolistic control of the Multiple Listing Service (MLS).

Referenced in 1 Document
Research Data
Extracted Attributes
  • CEO

    Glenn Kelman

  • Founded

    2004-01-01

  • Founders

    David Eraker, Michael Dougherty, David Selinger

  • Headquarters

    Seattle, Washington, United States

  • Stock Ticker

    RDFN

  • Total Funding

    $764 million

  • Annual Revenue

    $1 billion (2026 reported)

  • Employee Count

    4,273

  • Parent Organization

    Rocket Companies

  • Standard Listing Fee

    1.5% of sale price

Timeline
  • Redfin is founded in Seattle by David Eraker, Michael Dougherty, and David Selinger. (Source: Stockrow)

    2004-01-01

  • Redfin becomes a publicly traded company on the NASDAQ. (Source: Stockrow)

    2017-07-01

  • Redfin completes the acquisition of Bay Equity. (Source: Pitchbook)

    2022-04-01

  • Redfin is highlighted as a key innovator set to benefit from the landmark Realtor Commission Settlement against the NAR. (Source: Document d6ad65b4-1ee6-41ad-b655-1afeb7fa17c9)

    2024-01-01

Redfin

Redfin, a subsidiary of Rocket Companies, provides brokerage services for buying, selling, and renting homes in the United States and Canada. It was founded in 2004.

Web Search Results
  • Redfin Corp Company Profile - GlobalData

    Redfin Corp (Redfin) is a real estate company. The company services include buying, selling, renting properties, mortgage loans, real estate brokerage and consulting services. It has a listings-search website and mobile application for customers. Redfin services are used by customers across various industries to buy, sell, or rent residential properties. It has its business operations across areas of US including Boston, Chicago, Denver, Los Angeles, Maryland, Northern Virginia, Portland, San [...] Diego, San Francisco, and Seattle. Redfin is headquartered in Seattle, Washington, the US.

  • Redfin Review 2025: Fees, Service, and Alternatives

    Redfin is a legitimate company that has helped thousands of people buy and sell homes. The brokerage offers significant savings over the standard 3% commission rate, particularly if you buy and sell with the brokerage. However, fees vary by market, and many sellers pay more than the advertised 1.5%. Redfin's formerly competitive buyer rebate has also dwindled to 0.25% of the sale price. [...] Yes, Redfin is a fully licensed and legitimate national real estate brokerage. Since launching in Seattle in 2004, it's become one of the largest discount brokerages in the U.S. Redfin has more than 4,000 employees and offices in 100+ markets across the U.S. and Canada. Redfin also became a publicly traded company in 2017, which means it's subject to extra government oversight and a mandate for transparent business practices. [...] Redfin is one of the best-known discount real estate brokerages, offering a 1.5% listing fee (or 1% if you also buy with a Redfin agent). But recent reviews reveal a mixed picture. Many customers praise Redfin’s technology and cost savings, while others cite poor communication, limited agent availability, and inconsistent service quality.

  • Redfin 2026 Company Profile: Valuation, Investors ...

    Redfin Corp is a residential real estate broker. It pairs its agents with the technology to create a service that is faster and costs less. The company meets customers through a listings-search website and mobile application. The company uses the same combination of technology and local service to originate mortgage loans and offer title and settlement services. It has five operating segments real estate services, rentals, mortgage, title, and monetization. The company generates the majority of [...] Redfin’s most recent deal was a Merger/Acquisition with Bay Equity for . The deal was made on 01-Apr-2022. [...] Redfin’s primary industry is Real Estate Services (B2C). ### Is Redfin a private or public company? Redfin is a Private company. ### What is the current valuation of Redfin? The current valuation of Redfin is . ### What is Redfin’s current revenue? The current revenue for Redfin is . ### How much funding has Redfin raised over time? Redfin has raised $764M. ### Who are Redfin’s investors?

  • Redfin Information

    Redfin is now powered by Rocket. Join our mission to redefine real estate. Redfin is a technology-driven real estate company with the country’s most-visited real estate brokerage website. As part of Rocket Companies (NYSE: RKT), Redfin is creating an integrated homeownership platform from search to close to make the dream of homeownership more affordable and accessible for everyone. Redfin’s clients can see homes first with on-demand tours, easily apply for a home loan with Rocket Mortgage, and [...] Looking for a particular Redfin employee's phone or email? Find Info Redfin Questions - [x] ### What is the annual revenue of Redfin? The Redfin annual revenue was $1 billion in 2026. - [x] ### Who is the President and CEO of Redfin? Glenn Kelman is the President and CEO of Redfin. - [x] ### How many people are employed at Redfin? 4,273 people are employed at Redfin. - [x] ### Where is Redfin based? Redfin is based in Seattle, Washington.

  • Redfin Corporation (RDFN) Business Profile

    is a technology-powered real estate brokerage that has revolutionized the way people buy and sell homes. Founded in 2004 by David Eraker, Michael Dougherty, and David Selinger, Redfin is headquartered in Seattle, Washington. The company was established with the vision of leveraging technology to make the real estate process more efficient, transparent, and cost-effective for consumers. Redfin went public in July 2017, marking a significant milestone in its journey. [...] Diversifying Offerings: Redfin is exploring new product categories, such as home renovation services and property management, to broaden its revenue base. [...] Commissions: Redfin earns a percentage of the sale price for each home bought or sold through its platform. Service Fees: RedfinNow charges service fees for its iBuying transactions. Mortgage and Title Services: Revenue is generated from loan origination fees, interest income, and title insurance premiums. Advertising: Redfin earns advertising revenue from its rental platforms and other digital marketing initiatives.

Location Data

Redfin, 112, South Sangamon Street, West Loop, Near West Side, Chicago, West Chicago Township, Cook County, Illinois, 60607, United States

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Coordinates: 41.8799518, -87.6510298

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