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Redfin Corporation, based in Seattle, provides residential real estate brokerage and mortgage origination services. The company operates in more than 100 markets in the United States and Canada. [1] In 2023, the company had a 0.76% market share in the United States by number of units sold and had an average of 1,776 lead agents. [1]
In Germany, real estate appraisal is known as real estate valuation (Immobilienbewertung). Real estate appraisers (Immobilienbewerter or Gutachter) can qualify to become a Öffentlich bestellter und vereidigter Sachverständiger (officially appointed and sworn expert). However, this formerly very important title has lost a lot of its importance ...
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.
Lou Whiteman has positions in Redfin. Matt Frankel has positions in Redfin. The Motley Fool recommends Redfin and recommends the following options: short February 2025 $10 calls on Redfin.
Largely in response to news regarding its ever-strengthening place within the real estate sales business, data from S&P Global Market Intelligence indicates that as of 3:54 p.m. ET Monday, Redfin ...
The real estate agent doesn’t even enter the property, but instead assigns it a value based on its exterior appearance/condition and its location. Common uses of broker price opinions
A broker's price opinion (BPO) is a report that is performed by a licensed real estate agent, broker. or appraiser.A BPO is an informal appraisal. It is similar to doing a CMA (Comparative Market Analysis) but most times the real estate professional gets paid to do a BPO.
One area that Redfin has focused on is improving its sales force with Redfin Next, which launched in October 2023. With Redfin Next, agents can earn as high as 70% with almost all expenses covered ...