Redfin Academy (2024)

FAQs

Does Redfin have an affiliate program? ›

Redfin Affiliate Program: Redfin is a well-known real estate brokerage that operates in the U.S. and Canada. As an affiliate, you can earn a commission when someone you refer buys or sells a home with Redfin.

SEATTLE--(BUSINESS WIRE)-- Redfin Corporation (NASDAQ: RDFN) today announced results for its fourth quarter and full year ended December 31, 2023. Fourth quarter revenue was $218.1 million, a decrease of 2% compared to the fourth quarter of 2022. Gross profit was $73.2 million, an increase of 32% year-over-year.

Key Redfin Statistics

Redfin generated $977 million in revenue in 2023 but is not currently profitable. The company lost $131 million in 2023.

Redfin (www.redfin.com) is a technology-powered real estate company. We help people find a place to live with brokerage, rentals, lending, title insurance, and renovations services.

While most affiliates get paid when their referrals lead to a sale, some programs also reward leads, free-trial signups, website clicks, or app downloads. An affiliate network is a platform that connects affiliates with brands and provides tools to generate and manage affiliate links.

Top 7 Competitors & Alternatives to redfin.com

The closest competitor to redfin.com are trulia.com, realtor.com and zillow.com. To understand more about redfin.com and its competitors, sign up for a free account to explore Semrush's Traffic Analytics and Market Explorer tools.

Key Points. Redfin's business might have already hit rock bottom, and management is forecasting revenue to increase in the 2024 first quarter. The stock jumped last week after the company reported a new surge in home listings. It still might be awhile until a better housing market shows up on Redfin's financials.

Future criteria checks 1/6

Redfin is forecast to grow earnings and revenue by 28.3% and 11.1% per annum respectively while EPS is expected to grow by 30.6% per annum.

Redfin Balance Sheet Health

Redfin has a total shareholder equity of $-5.8M and total debt of $921.9M, which brings its debt-to-equity ratio to -15950.2%. Its total assets and total liabilities are $1.1B and $1.1B respectively.

Who is the CEO of Redfin? ›

Glenn Kelman

Glenn has been one of our directors since March 2006. Since September 2005, Mr. Kelman has been our Chief Executive Officer.

Redfin has a consensus rating of Hold which is based on 1 buy ratings, 8 hold ratings and 3 sell ratings. The average price target for Redfin is $6.68. This is based on 12 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $9.00 ,the lowest forecast is $4.00.

Seattle, WA

Redfin / Headquarters

“While another layoff is painful, especially for those leaving the company, Redfin must continue to adapt to the current economic climate,” the spokesperson said in a statement. Redfin said last November that it would wind down its home-flipping program RedfinNow and eliminate 862 positions, or 13% of its workforce.

Largest shareholders include Vanguard Group Inc, BlackRock Inc., VGSIX - Vanguard Real Estate Index Fund Investor Shares, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, Morgan Stanley, NAESX - Vanguard Small-Cap Index Fund Investor Shares, Geode Capital Management, Llc, IWM - iShares Russell 2000 ETF, ...

Real estate affiliate marketing programs offer lucrative opportunities to provide additional resources to your audience. It's important to only work with brands that you believe are a good fit for you and your audience. The more you support a brand, the easier it will be to promote them and generate affiliate payouts!

The Vrbo affiliate program is a great way for publishers to promote over 2 million holiday rental listings in 190 countries. You can earn decent commissions, up to 6%, for completed stays. In addition, affiliates receive marketing tools like banners, links, and widgets to help promote Vrbo services.

Whether you're a real estate blogger, agent, or website owner, the Realtor.com affiliate program can provide you with a steady stream of revenue. By promoting their listings, tools, and services, you can enhance your website's value and provide valuable resources to your visitors while earning money in the process.

Local agents to guide you

Redfin agents know your neighborhood and have an experienced support team to give you the best experience. Learn more about buying or selling with Redfin.