Redfin Corporation Overview
Pro stress-test →Redfin is a residential real estate brokerage operating an online marketplace that assists individuals in purchasing or selling homes, while also providing title and settlement services and originating, selling, and servicing mortgages. The company serves both the United States and Canada.
Strategic Profile
Pro stress-test →Redfin has demonstrated growth in market share, particularly in the West and Southwest, leveraging technology combined with local service approach to enhance margins and support its path to profitability. Management expected the Rocket merger to close in Q2 or Q3 2025.
Competitive Landscape
Pro stress-test →Redfin's top competitors include Zillow, Trulia, and idealista. The company has 2,041 active competitors in the real estate technology space. Redfin holds approximately 0.72% market share with opportunities for financial gains through industry consolidation.
Industry Context
Redfin Corporation operates in Residential real estate brokerage and online marketplaces.
Key facts
Founded: 2004 · Headquarters: Seattle, US · Employees: 5,629 · Revenue: $1.04B (2024) · Market cap: $1.43B