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The Zillow house-hunting app app is the most downloaded real estate app on the Apple store and Google Play — and for good reason. Its database constantly updates and has 36 million users monthly.
Redfin was founded in 2004 by David Eraker, Michael Dougherty, and David Selinger. Eraker had dropped out of medical school at the University of Washington for a career in software design and Dougherty received degrees in electrical engineering and international studies from Yale University.
The real estate company has reduced expenses and discontinued unprofitable ventures to adapt to the tough environment. It has also implemented changes to attract more agents to its platform as it ...
Explore the exciting world of Redfin (NASDAQ: RDFN) with our expert analysts in this Motley Fool Scoreboard episode. Check out the video below to gain valuable insights into market trends and ...
Walk Score, a subsidiary of Redfin, provides walkability analysis and apartment search tools. Its flagship product is a large-scale, public access walkability index that assigns a numerical walkability score to any address in the United States, United Kingdom, Canada, and Australia.
A multiple listing service (MLS, also multiple listing system or multiple listings service) is an organization with a suite of services that real estate brokers use to establish contractual offers of cooperation and compensation (among brokers) and accumulate and disseminate information to enable appraisals.
Redfin employed about 1,776 real estate agents on average last year, down from 2,426 in 2022. The company also shuttered its online home buying and selling business, RedfinNow, in November 2022.
Both are real estate tech stocks aiming to disrupt the massive real estate industry. They have a lot of exposure to the housing market, which has sunk both stocks in the post-pandemic slump.
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