Company Timeline

2006

Redfin launches home-buying and selling services in Seattle and the Bay Area.

Redfin testifies before Congress in favor of broader consumer access to listing data.

2007

Redfin expands to Los Angeles, Orange County, San Diego, Boston, Baltimore and Washington, DC.

Redfin customer savings reach $10 million.

Redfin publishes first real estate agent reviews.

2008

Redfin expands to Chicago.

Redfin adds for-sale-by-owner listings to its website, becoming the first site to combine complete listings from the Multiple Listing Service with homes listed by owners.

2009

Redfin expands to the the suburban areas of New York City, Sacramento and Atlanta.

Redfin launches iPhone app.

2010

Redfin expands to Portland, Phoenix and Dallas-Fort Worth.

Redfin launches online Deal Room to guide home-buying customers through escrow.

2011

Redfin expands to Boulder and Denver.

Redfin launches Android app.

Redfin first publishes Tour Insights, notes from real estate agents about homes we have toured.

2012

Redfin expands to Philadelphia and Austin.

Redfin customer savings reach $100 million.

Redfin releases Instant Updates, which immediately alerts homebuyers about new homes for sale or changes in price.

2013

Redfin expands to Charlotte, Raleigh-Durham, Houston, Riverside-San Bernardino, Fort Lauderdale, Miami and West Palm Beach.

Redfin releases Offer Insights, real-time statistics and notes from Redfin agents about thousands of offers.

Redfin raises $50 million in a mezzanine financing round led by Tiger Global Management LLC and by portfolios managed by T. Rowe Price Associates.

2014

Redfin expands to Minneapolis-St. Paul, Ventura County (CA), Las Vegas, Hampton Roads (VA), Orlando, Tampa, Rhode Island, Madison, Milwaukee, Tucson, Fresno, Jacksonville and Allentown (PA).

Redfin customer savings reach $200 million.

Redfin is named the Best Place to Work in the Large Companies category of Seattle Business Magazine's annual ranking.

Redfin launches Redfin 3D Walkthrough, powered by Matterport.

Redfin airs its first TV commercial, “The World Has Changed.”

Redfin acquires Walk Score.

2015

Redfin expands to Little Rock, Southwest Florida, Hawaii, Louisville, New Orleans, Southern Maine, Grand Rapids, St. Louis, Omaha, New Hampshire, Albuquerque, Reno, Brooklyn, Buffalo, Columbus, Cincinnati, Cleveland, Dayton, Oklahoma City, Bend (OR), Pittsburgh, Charleston, Columbia (SC), The Triad (Winston-Salem, Greensboro and High Point), Knoxville, Memphis, Nashville, Corpus Christi, El Paso, Rio Grande Valley and Salt Lake City.

Redfin launches Book It Now, an on-demand service that allows you to set up a home tour with just a couple of clicks.

Redfin launches Shared Search, for collaborating with a spouse, co-buyer or real estate agent on a house hunt in real time and in one place.

Redfin launches Last Call, which enables Redfin agents to send out a "Last Call for Offers" email to people interested in a client's home.

Redfin releases its first ever Housing Demand Index, which measures American consumer demand for housing, and provides the earliest indicator of the housing market available.

Redfin appoints Bridget Frey as CTO.

Redfin launches an Apple Watch app.

Redfin receives two Innovator Awards from Inman News including Top Innovator of the year for expansion efforts and Most Innovative Technology for Book It Now.

2016

Redfin launches the Redfin Data Center, a free resource for downloadable housing market data.

Redfin expands to Kansas and Santa Barbara.

Redfin improves accuracy of Redfin Estimate and expands to 80 total U.S. markets.

Redfin appoints Bob Bass and Julie Bornstein to its Board of Directors.

2017

Redfin launches Redfin Mortgage to loan money to Redfin customers buying homes.

Redfin moves into newly renovated office space in downtown Seattle to accommodate growing workforce.

Independent study finds Redfin Estimate to be most accurate among home-value estimates.

Redfin and industry-leading venture firms pledge to diversify startup boards.

Redfin announces $15 per share pricing of initial public offering.

Redfin raises $138 million in IPO.

Redfin expands to Boise.

Redfin rolls out new search filters for single-story homes, accessible homes, green homes, homes with a pool and homes with a basement.

Redfin Mortgage expands to Illinois and Washington, D.C.

Redfin is ranked the #1 company to work for in Seattle by Hired.com.

RedfinNow launches in Inland Empire and San Diego.

Redfin introduces Redfin Concierge in Washington D.C. and Los Angeles.

Redfin develops Fast Offers software which makes it easy for our agents to write and submit offers for their buyers in as little as 15 minutes.

2018

Redfin Mortgage expands to Pennsylvania, Virginia, Minnesota, Ohio, Georgia, North Carolina and Colorado and begins offering fully digital home-closings.

Redfin expands brokerage services to Connecticut, Asheville (NC), Palm Springs and Spokane (WA).

RedfinNow expands to Orange County.

Redfin introduces Compete Score™.

Redfin introduces the Redfin Owner Estimate.

2019

Redfin Direct launches in Boston and expands to Northern Virginia, Texas and several markets in California. Redfin Direct earned the company the 2019 Inman Innovator Award for Real Estate Technology.

Redfin Mortgage expands to Florida, Maryland, Tennessee, Massachusetts, Wisconsin and Michigan.

Redfin opens tech hub and new headquarters for Redfin Mortgage in Frisco (TX).

RedfinNow expands to Los Angeles, Dallas, Denver, Colorado Springs, Austin, San Antonio, Houston and Las Vegas. Redfin introduces direct access tours for RedfinNow properties, allowing buyers to easily tour and unlock the door with a phone.

Redfin launches new listing fee structure nationwide, with a 1% listing fee for all sellers who also buy with Redfin.

Redfin expands brokerage services to Huntsville (AL), Des Moines (IA), Lincoln (NE), Savannah, Chattanooga and Northern Kentucky.

Redfin launches in Canada, introducing www.redfin.ca and expanding brokerage services to Toronto and Vancouver.

Redfin starts publishing the buyers’ agent commission offered on all its listings in the U.S.