Summary

Redfin

Founded in 2006

Description

Redfin is a full-service real estate brokerage. The Seattle-based company was founded in 2004, and went public in August 2017.

Strengths

  • Redfin has a strong market share in their industry
  • Revenue generated per employee is greater than industry average
  • Demonstrating revenue growth that is faster than the industry average
  • The number of employees is growing faster than the industry average
  • Revenue growth is more steady than the industry average
  • Since Redfin was founded, the company has grown faster than the industry average
  • Web traffic rankings are better than the industry average
  • Employees are staying with the company and less likely to churn compared to the rest of the industry

Weaknesses

  • Redfin will likely have a high level of competition for a deal

Annual Revenue

Redfin's annual revenue

$2284442000

Based on Kona Equity data

  • Revenue per employee

    $438262

  • Variance of revenue growth

    0.02

  • Annual revenue growth since founding

    $120172812

  • Revenue growth rate from first known quarter to current

    67.9%

Employee Count

5138 employees

  • Employee growth rate from first known quarter to current

    27.8%

  • Current employees on Linkedin

    6300

  • Churned employees

    3800

  • Churn rate percentage

    60.32%

Executives

Matthew Novak

Principal Broker, REALTOR

m**@redfin.com

Isaac Ricard

Licensed REALTOR

i**@redfin.com

G Score - 8

The G Score is an eight-point scale where firms are given a score of 1 for each of the criteria that they pass. The G score compares a company against the industry median to find those that are healthy and growing.

  • G1 Revenue is greater than the industry median.
  • G2 Income per employee more than industry average.
  • G3 Revenue growth rate from the first known quarter to current is higher than the industry average.
  • G4 Employee growth rate from the first known quarter to current is higher than the industry average.
  • G5 Variance of revenue growth is less than the industry average
  • G6 Annual revenue growth since founding is higher than the industry average.
  • G7 Website traffic rankings are better than the industry average
  • G8 LinkedIn Churn is lower than the industry average.

Web Analysis

  • Rank

    670

  • Daily time

    5:57

  • Bounce Rate

    41.8 %

Location

1099 Stewart St Ste 600 
Seattle, WA  98101

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Key Information

  • SIC: 65; 653
  • NAICS: 53; 531
Disclaimer: These numbers are estimates and any other company information is based off our proprietary algorithms and by no means should be accepted as 100% factual. Kona Equity is in no way affiliated with Redfin.

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Frequently Asked Questions

Where is Redfin located?

Redfin's headquarters are located at 1099 Stewart St Ste 600  Seattle, WA  98101.


What is Redfin's official website?

Redfin's official website is redfin.com


What is Redfin's revenue?

Redfin's annual revenue is $2.3 B.


What is Redfin's SIC code?

Redfin's SIC: 65; 653


What is Redfin's NAICS code?

Redfin's NAICS: 53; 531.


How many employees does Redfin's have?

Redfin has 5138 employees


What industry does Redfin belong to?

Redfin is in the industry of Real estate.

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