| Founded | 2004 |
|---|---|
| Closed | 2022 |
| Country | USA |
| Sector | Proptech |
| Total raised | Public (RDFN) |
| Founder | Glenn Kelman |
Redfin (2022 crisis)
"Tech-enabled real estate brokerage. Rate rises killed transactions. 800 layoffs."
Redfin, a technology-enabled real estate brokerage, employed agents as W-2 employees — a higher fixed-cost model than traditional commission-only brokerages.
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