Redfin: A Discount Brokerage 10 Years Later
Any entrepreneur interested in trying to reduce or cut out agent commissions should read this article about Redfin on the SeattleTimes.
Redfin has had eight rounds of venture funding since 2005 totaling $167.8 million, according to Crunchbase.
Redfin after 10 years still has less than a 3 percent market share on its home turf.
To say it’s been a marathon for Redfin, is an understatement.
Entrepreneurs: you should also read this post, and every one of the comments.
Sam DeBord
Posted at 11:24h, 20 May… And as the model keeps getting more traditional, read this too: https://geekestateblog.com/walkscore-redfin-real-estate-tech-profitable-distractions-discounts/