Jintechnologies News Mortgage News Q&A: Redfin CEO Glenn Kelman on competing with Zillow, and the potential of real estate tech

Q&A: Redfin CEO Glenn Kelman on competing with Zillow, and the potential of real estate tech

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RainTV – Glenn Kelman – CEO of Redfin. The real estate market is huge and companies that charge less have been around for decades. RedFin is just more tech oriented BUT so are traditional brokerages these days. Fortunately for me there are NO wealthy geeks in Poinciana Fl.:)

Zillow CEO Rich Barton, left, and Redfin CEO Glenn Kelman, right, are leading the transformation of the residential real estate market with technology.

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In addition to newfound competition with Zillow, Kelman also discussed the state of the real estate market in general, the role of technology in the industry and Redfin’s first foray into investing in other companies and the possibility of a surprising merger between his company and its cross-town rival.

Q&A: Redfin CEO Glenn Kelman on the biggest problem in real estate, entitled CEOs and ‘America’s real enemy’ by Nat Levy on October 21, 2018 at 8:00 am October 21, 2018 at 8:07 am Comments.

In the mid-2000s, the arrival of real estate tech start-ups such as Zillow. s commission. “Competing agents have threatened us with violence, intimidated our customers and tried to block their.

Higher interest rates are a partial culprit, though CEO Glenn Kelman cites another explanation. investors have given Redfin some leeway, treating it more like a tech outfit than a real estate.

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The Pollingers are joining the ranks of what Redfin CEO Glenn Kelman calls landlord nation. chief revenue officer at Investability Real Estate, which offers another new resource for single-family.

There’s a sense of accomplishment that comes with going public, as tech-powered real estate brokerage Redfin did last year. But CEO Glenn Kelman feels like he, and the company, haven’t. Read More.

Glenn Kelman Worries About the MLS. In the podcast, Glenn starts talking about the problem of race and real estate, but then brings up a really interesting concern: he worries the most about threat to the MLS. The concern is pocket listings, that part of the market can see what’s for sale, and the rest of the market can’t.

In addition to newfound competition with Zillow, Kelman also discussed the state of the real estate market in general, the role of technology in the industry and Redfin’s first foray into investing in other companies and the possibility of a surprising merger between his company and its cross-town rival.

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