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Redfin jumps 44% after IPO

Chalanachithram.com DB » New TF Industry Related » Archive through August 01, 2017 » Redfin jumps 44% after IPO « Previous Next »
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Maverick
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Username: Maverick

Post Number: 64847
Registered: 01-2008
Posted From: 107.77.97.21

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Posted on Saturday, July 29, 2017 - 01:53 pm:       

Can you work part-time for redfin?
Happy Vizag
 

Polavaram
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Username: Polavaram

Post Number: 989
Registered: 08-2016
Posted From: 24.107.122.224

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Posted on Saturday, July 29, 2017 - 01:47 pm:       


Saarang:




Na comparision just apps wise, listings lo redfin update ayinattu zillow avadhu

Na comparision business model meedha kadhu

Listings comparison ki redfin baga help ayyindhi
NTR-Vajpayee Polavaram Irrigation Project
 

Saarang
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Username: Saarang

Post Number: 16080
Registered: 06-2012
Posted From: 97.126.40.189

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Posted on Saturday, July 29, 2017 - 01:43 pm:       


Polavaram:

Redfin is better than zillow




Both very different business modells kadha...Redfin is a brokerage...so they access to direct MLS feed...Zillow has to work with brokers to get listings uploaded...but zillow traffic and valuation is much higher
 

Polavaram
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Username: Polavaram

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Posted on Saturday, July 29, 2017 - 01:40 pm:       

Redfin is better than zillow
NTR-Vajpayee Polavaram Irrigation Project
 

Saarang
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Username: Saarang

Post Number: 16079
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Posted on Saturday, July 29, 2017 - 01:39 pm:       

Kummu Warrior



http://www.seattletimes.com/business/real-estate/in-seattles -first-ipo-of-the-year-redfin-stock-quickly-takes-off/

Redfin, the Seattle-based real-estate and technology company, launched the Puget Sound region’s first initial public offering of the year Friday and saw its stock rocket up. But its CEO worries about expanding in a city he says is becoming more like the Bay Area for housing costs.

Unlike Amazon, Expedia and other local tech companies that have upended traditional businesses, Redfin has struggled to carve out a big slice of the real-estate market. More than a decade after it started, it sells less than 1 percent of homes nationwide.

But the company’s strong showing on Wall Street is indicative of just how hot the local tech scene has become — helping fuel the rise in home prices locally. That’s good for Redfin’s business, which relies on selling homes, but bad for its recruitment and retention of employees struggling to afford living here.

Redfin has been expanding in recent years, moving into new markets and hiring more agents. Earlier this year, the company moved its 400 or so local employees into a new Denny Triangle office space that is twice the size of its old headquarters in Belltown.

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