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The Motley Fool has positions in and recommends Redfin. The Motley Fool recommends the following options: short November 2024 $13 calls on Redfin. The Motley Fool has a disclosure policy .
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.
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.
According to a Redfin report, the average home listing sold for 1.8% less than its asking price in January, the largest discount in nearly two years. In addition, it takes the average home 56 days ...
Blekko (acquired by IBM in 2015 for its use for Watson-based products) [18] BlogScope (acquired by Marketwire ) BRS/Search (now OpenText Livelink ECM Discovery Server)
An electronic version of the real estate industry, Internet real estate is the concept of publishing housing estates for sale or rent online, and for consumers seeking to buy or rent properties through such platforms.
As of December 2024, the median sales price for homes in the U.S. was $427,388, according to Redfin — a gain of 6.1% from the prior year. Of course, that doesn’t mean your home has soared in ...
Key takeaways. Low-commission Realtors charge less than traditional agents, potentially saving home sellers thousands. The typical agent commission is between 2.5 and 3 percent of a home’s sale ...
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