Financials | National Investor Network

Tech Broker Redfin Beats Analyst’s Estimates With $197.8M 2nd Q. Revenues

Written by Jeff Mindham | Aug 6, 2019 12:54:03 AM

Redfin saw a 39% revenue growth versus the same period a year ago, making this the second straight quarter the company has seen increased sales volume.

According to Redfin’s CEO Glenn Kelman, the brokerage has been aggressively moving ahead on several fronts including iBuying, mortgages, titles, and Redfin Direct.

“Our goal is to be the first national brokerage provider of a complete real estate solution,” he said.