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REDFIN CORPORATION

(RDFN)
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Redfin Launches in Mississippi and Expands in Florida, Now Serves More Than 100 Markets

07/28/2021 | 03:32pm EDT

Redfin announced it has launched in Gainesville, Pensacola and Tallahassee, Florida and Jackson, Mississippi. Mississippi is the 44th state for Redfin, which now serves more than 100 markets across the U.S. and Canada. In these new markets, consumers can now buy and sell homes with local Redfin agents and use Redfin's website and mobile app to search for homes for sale, book on-demand home tours, and track their home's estimated value with the Redfin Estimate. Redfin puts the customer first by blending technology with local agents to deliver innovative service for a lower fee. To date, Redfin has saved customers more than a billion dollars in real estate commissions. Unlike most agents who are independent contractors, Redfin agents are employees, who earn a salary, benefits and bonuses for closed sales. Redfin agents meet customers through the site and app, which lets them focus on serving their customers, rather than spending time finding new ones. Redfin customers are asked to review the service they received from their Redfin agent. These reviews are published on the agents' online profiles, which makes them accountable to deliver results for their clients.


ę S&P Capital IQ 2021
All news about REDFIN CORPORATION
09/23REDFIN : Interest in Relocation Dips Slightly, With 30% of House Hunters Looking to Move t..
PR
09/22REDFIN : Reports Homebuyer Demand and Sellers' Asking Prices Get a Late-Summer Boost
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09/22REDFIN : Demand for Second Homes Fell 19% Year Over Year in August
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09/21INSIDER SELL : Redfin
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09/21VC DAILY : Debut Fundraising Success Rate
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09/16REDFIN : Reports Home Sales Fell 6% in August, the First Annual Decline in 15 Months
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09/15REDFIN : Reports Pending Sales Show Smallest Year-Over-Year Increase in 15 Months
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09/14REDFIN : to Attend the Zelman 2021 Virtual Housing Summit
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09/14RENTPATH : Offers Free Renter Communication Technology To Multifamily Communities Impacted..
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09/13REDFIN : Reports 59% of Home Offers Written by Redfin : Agents Faced Bidding Wars in Augus..
PR
More news
Analyst Recommendations on REDFIN CORPORATION
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Financials (USD)
Sales 2021 1 794 M - -
Net income 2021 -106 M - -
Net Debt 2021 499 M - -
P/E ratio 2021 -54,2x
Yield 2021 -
Capitalization 5 822 M 5 822 M -
EV / Sales 2021 3,52x
EV / Sales 2022 2,67x
Nbr of Employees 4 185
Free-Float 95,0%
Chart REDFIN CORPORATION
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Redfin Corporation Technical Analysis Chart | MarketScreener
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Technical analysis trends REDFIN CORPORATION
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TrendsBullishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 18
Last Close Price 55,49 $
Average target price 65,15 $
Spread / Average Target 17,4%
EPS Revisions
Managers and Directors
Glenn Kelman President, Chief Executive Officer & Director
Chris Nielsen Chief Financial Officer & Treasurer
David H. Lissy Chairman
Bridget J. Frey Chief Technology Officer
Jennifer Chao Vice President-Engineering