I’m curious what Redfin is actually worth, right now. Are they a good buy, strong sell? Will they outperform Zillow or get acquired by them?
Redfin has a Market Cap of $1.23B, today. What are they truly worth though?
Will another real estate tech company acquire them, such as Zillow, FlyHomes, Place, or OpenDoor?
Will one of the large brokerages like Coldwell, RE/Max, Compass, eXp, Berkshire or KW find a way to buy them?
Place is really big on their “Power through Partnerships” tagline. Partnerships offer exponential growth. Look at Ben & Jerry’s for example. Will Place find a workable way to partner with Glenn Kelmen and Redfin?
It seems Redfin needs some help on PROFITABILITY, as they continue to work on borrowed funds:
RDFN via Yahoo! Finance on 5/14/2023:
Submitted May 14, 2023 at 09:36AM by homesonthesound https://ift.tt/KWe7bN9
