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In June 2017, the company began Redfin Now, a home flipping division. [8] On July 28, 2017, Redfin became a public company via an initial public offering, raising $138 million. [9] In June 2019, Redfin began allowing buyers to submit offers on homes listed by Redfin's selling agents without using a buyer's agent. [10]
A new breed of marketplaces that enable agents to compete for sellers further add pressure to the commission rate structure. In some states, companies such as Redfin still advertise a commission, but provide a rebate to sellers based on the quality of their surveys reflected in post-close surveys. This is also fraught with difficulties. [4]
Zillow Group, Inc., or simply Zillow, is an American tech real-estate marketplace company that was founded in 2006 [4] by co-executive chairmen Rich Barton [5] and Lloyd Frink, former Microsoft executives and founders of Microsoft spin-off Expedia; Spencer Rascoff, a co-founder of Hotwire.com; David Beitel, Zillow's current chief technology officer; and Kristin Acker, Zillow's current ...
Maps and electoral vote counts for the 2012 presidential election. Our latest estimate has Obama at 281 electoral votes and Romney at 191.
Excessive fat around organs in midlife could contribute to Alzheimer’s risk due through neuroinflammation, the results of three small studies have suggested.
U.S. Supreme Court Justice Neil Gorsuch will not participate in an environmental case to be argued next week involving a proposed railway in Utah, the court said on Wednesday, a move that followed ...
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