Redfin’s Earnings Call Shows a Glimpse of the Industry Post Commission Settlement

By Franco Faraudo

Redfin reported its first-quarter earnings this week, indicating slight revenue growth despite challenging market conditions. Although the company continues to operate at a loss, Redfin believes that recent changes in the industry landscape, particularly following commission lawsuits, may lead to profitability within the year. According to CEO Glenn Kelman, a major driver of Redfin's future […]

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