Redfin provides real estate search and brokerage services through a combination of real estate web platforms and access to live agents. It is a technology-powered real estate brokerage that represents people buying and selling homes. The Company has a team of real estate agents who earn a salary and customer-satisfaction bonuses, not commissions. Redfin features all of the broker-listed homes for sale, as well as for-sale-by-owner properties. The Company's real estate agents work with Redfin's team of engineers to create tools that make the buying and selling process easier.
Company Growth (employees)
Seattle, US
Size (employees)
2,596 (est)+4%
Redfin was founded in 2004 and is headquartered in Seattle, US

Key People/Management at Redfin

Glenn Kelman

Glenn Kelman

Chris Nielsen

Chris Nielsen

Chief Financial Officer
Bridget Frey

Bridget Frey

Chief Technology Officer
Nela Richardson

Nela Richardson

Chief Economist
Jani Strand

Jani Strand

Senior Vice President, Brand Marketing and Communications
Karen Krupsaw

Karen Krupsaw

Vice President, Real Estate Operations
Adam Wiener

Adam Wiener

Chief Growth Officer
Matt Lerner

Matt Lerner

Vice President of Products
Jennifer Chao

Jennifer Chao

Vice President, Engineering
Anthony Kappus

Anthony Kappus

Vice President of Legal, General Counsel and Corporate Secretary
Scott Nagel

Scott Nagel

President of Real Estate Operations

Redfin Office Locations

Redfin has offices in Seattle, Chandler, La Crescenta-Montrose, Irvine and in 32 other locations
Carlsbad, US
5942 Priestly Dr
Chandler, US
112 2121 W Chandler Blvd
Folsom, US
290 1110 Iron Point Rd
Irvine, US
160 32 Discovery
La Crescenta-Montrose, US
270 2626 Foothill Blvd
Pleasanton, US
150 4670 Willow Rd
Show all (36)

Redfin Financials and Metrics

Redfin Financials

Redfin's revenue was reported to be $267.2 m in FY, 2016

Revenue (Q2, 2017)

104.9 m

Gross profit (Q2, 2017)

37 m

Gross profit margin (Q2, 2017), %


Net income (Q2, 2017)

4.3 m

EBIT (Q2, 2017)

4.3 m

Market capitalization (27-Oct-2017)

1.6 b

Closing share price (27-Oct-2017)


Cash (30-Jun-2017)

54.2 m


1.6 b
Redfin's current market capitalization is $1.6 b.
USDFY, 2014FY, 2015FY, 2016


125.4 m187.3 m267.2 m

Revenue growth, %


Cost of goods sold

93.3 m138.5 m184.5 m

Gross profit

32.1 m48.8 m82.7 m
USDQ1, 2016Q2, 2016Q1, 2017Q2, 2017


41.6 m77.7 m59.9 m104.9 m

Cost of goods sold

38.5 m50.3 m53.5 m68 m

Gross profit

3.1 m27.4 m6.4 m37 m

Gross profit Margin, %

USDFY, 2015FY, 2016


85.6 m64 m

Prepaid Expenses

6.6 m4.4 m

Current Assets

103 m93.4 m


7.4 m19.2 m
USDQ1, 2017Q2, 2017


36.2 m54.2 m

Prepaid Expenses

3.3 m2.5 m

Current Assets

72.8 m87.5 m


22.4 m22.1 m
USDFY, 2014FY, 2015FY, 2016

Net Income

(24.7 m)(30.2 m)(22.5 m)

Depreciation and Amortization

2.7 m4.4 m6.3 m

Accounts Payable

913 k152 k638 k

Cash From Operating Activities

(13.6 m)(22.2 m)(9.3 m)
USDQ1, 2016Q2, 2016Q1, 2017Q2, 2017

Net Income

(24.3 m)(22.9 m)(28.1 m)(23.8 m)

Depreciation and Amortization

1.4 m2.9 m1.9 m3.5 m

Accounts Payable

384 k332 k(2.9 m)901 k

Cash From Operating Activities

(19.3 m)(18.7 m)(22 m)(371 k)
USDY, 2017

P/E Ratio



366.6 x


-4.2 k x


44.2 k

Financial Leverage

-0.2 x
Show all financial metrics

Redfin Operating Metrics

Redfin's Customers was reported to be 80 k in Jun, 2017
FY, 2014Q1, 2015Q2, 2015Q3, 2015Q4, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016Q4, 2016FY, 2016Q1, 2017Jun, 2017Q2, 2017

Aggregate Home Value of Real Estate Transactions

$8.41 b$1.87 b$3.6 b$3.84 b$2.98 b$12.3 b$2.6 b$4.68 b$4.9 b$4.02 b$16.2 b$3.47 b$6.12 b

Average Number of Lead Agents

4225095686216675917437567567967639351.01 k

Average Monthly Unique Visitors

8.72 m10.24 m12.38 m13.06 m11.14 m11.71 m13.99 m17.02 m17.8 m16.06 m16.22 m20.16 m24.4 m

Real Estate Transactions

18.83 k4.42 k7.92 k8.37 k6.78 k27.49 k5.94 k10.1 k10.6 k8.71 k35.35 k7.73 k13.1 k
Show all operating metrics

Redfin Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Walk ScoreOctober 22, 2014

Redfin Market Value History

Redfin Revenue Breakdown


Redfin Median Salaries

Source: 38 public H-1B filings from Redfin
Show all human capital metrics

Redfin's Web-traffic and Trends

Redfin Online and Social Media Presence

Redfin Company Life and Culture

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