Redfin Corp

Based in Seattle, Washington, Redfin is a real estate brokerage company serving customers throughout the USA and Canada through a network of local agencies and an extensive online database. The company provides web-based real estate brokerage services and a real estate database for customers aiming to buy and sell residential buildings. It was founded in 2002. Redfin went public in July 2017, with an IPO that raised $138m. The company trades on the NASDAQ GS, under the ticker RDFN. In October 2020, the RDFN price chart showed a 52-week low of $9.63 and a 52-week high of $55.43, with a market cap of $5.25bn. The company is known for being customer-centric, with very low commissions and a dedication to supplying customers with up-to-date information on the housing market. Redfin provides regularly-updated, downloadable housing market data — such as the number of homes on the market, the percentage of homes that sold above list price, and the median price per square foot. This information is provided for free to current and potential customers, via the company’s website. If you are interested in adding a new real estate stock to your portfolio, you can buy RDFN stock today, or add this instrument to your watchlist to monitor price movements.