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  2. ‘I don’t want to pay a buyer’s agent ... - AOL

    www.aol.com/finance/don-t-want-pay-buyer...

    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.

  3. Real Estate Agents Aren't Surprised Digital Brokers Like ...

    www.aol.com/news/real-estate-agents-arent...

    This week, digital real estate brokerage Redfin Corp. (NASDAQ: RDFN) has done the same, shutting down its Redfin Now division, eliminating its home-flipping business and cutting 13% of its staff.

  4. Better Real Estate Stock to Buy: Opendoor vs. Redfin - AOL

    www.aol.com/better-real-estate-stock-buy...

    The brokerage model is profitable in a healthy real estate environment, and Redfin could benefit from the NAR settlement, which could encourage more agents frustrated with what could be lower ...

  5. Redfin - Wikipedia

    en.wikipedia.org/wiki/Redfin

    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 month later, the company partnered with Opendoor, whereby visitors to the Redfin website can request an offer to buy their houses from Opendoor. [11] In June 2022, the company announced layoffs of 8% of ...

  6. Internet real estate - Wikipedia

    en.wikipedia.org/wiki/Internet_real_estate

    At times, real estate agents may be present, still dealing with customers directly from the web. Real estate agents often profit by absorbing a certain percentage of the final sale or rent price as commission. There are cases where commission percentage hits a figure of 6% in America. [7] Internet real estate reduces the cost of an agent and ...

  7. Real estate trends - Wikipedia

    en.wikipedia.org/wiki/Real_estate_trends

    A real estate trend is any consistent pattern or change in the general direction of the real estate industry which, over the course of time, causes a statistically noticeable change. This phenomenon can be a result of the economy, a change in mortgage rates, consumer speculations, or other fundamental and non-fundamental reasons.

  8. Why Buyers, Sellers, and Agents Are Flocking to Redfin - AOL

    www.aol.com/news/why-buyers-sellers-agents...

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  9. RE/MAX - Wikipedia

    en.wikipedia.org/wiki/RE/MAX

    RE/MAX was founded in January 1973 by Dave Liniger and Gail Main (who later married Liniger and became Gail Liniger) in Denver, Colorado. [5] [6] [7]The company was established with a maximum commission concept, meaning that agents would keep nearly all of their commissions and pay their broker a share of the office expenses, rather than paying their broker a share of the commission of each ...

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