Redfin Appoints Bob Bass and Julie Bornstein to its Board of Directors

SEATTLE — Nov. 3, 2016 — Redfin, the next-generation real estate brokerage, today announced the appointment of two new board members, Robert J. Bass and Julie Bornstein. Mr. Bass will chair Redfin’s audit committee, a role previously held by Bob Mylod, the former Priceline executive recently appointed to be Redfin’s chairman.

Mr. Bass was one of Deloitte’s most senior client service partners, serving some of Deloitte’s largest and most complex multinational clients over 30 years. He was a Deloitte vice chairman from 2005 until he retired in June 2012. Mr. Bass joined the board of Groupon in June 2012 and became its audit committee chair in February 2013.

Ms. Bornstein, Stitch Fix’s chief operating officer, previously worked at Sephora as the chief marketing officer and chief digital officer. Prior to that, she ran e-commerce at Urban Outfitters and Nordstrom.

“We’re honored that Bob Bass and Julie Bornstein have joined Redfin’s board,” said Redfin CEO Glenn Kelman. “Both have a passion for our mission and deep technical expertise. Bob is an expert in accounting, risk management and regulatory compliance, all key issues for Redfin as we grow. Julie has experience at both technology companies and retailers with large field organizations, which fits perfectly with Redfin’s approach to real estate.”

"I joined Redfin’s board because I believe in the company's mission to give folks honest, high-quality advice and better, faster service from their real estate agent at a low fee," said Mr. Bass. "I also saw a company that shared my commitment to client service and integrity. We both insist on doing exactly what is right, when it is right, and taking a thoughtful approach to long-term profitable growth."

“My first encounter with Redfin was as a customer, selling my home,” said Ms. Bornstein. “I loved the concierge-level service, coupled with technology to promote my listing online and to see who was looking at it. Getting to know the company’s executives, I found we both used data to figure out what customers want, and to serve those customers more efficiently. I know from personal experience that this is a company making a big difference in each of its customer’s lives, and now I’m excited to make a big difference as a board member too.”

In addition to Mr. Bass, Ms. Bornstein, Mr. Kelman and Mr. Mylod, the Redfin board of directors includes Andy Goldfarb, co-founder and executive managing director, Globespan Capital Partners; Paul Goodrich, managing director, Madrona Venture Group; Austin Ligon, co-founder and former CEO, CarMax; James Slavet, partner, Greylock Partners; and Selina Tobaccowala, co-founder of Gixo and former president of SurveyMonkey.

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About Redfin Corporation
Redfin (www.redfin.com) is the next-generation real estate brokerage, combining its own full-service agents with modern technology to redefine real estate in the consumer’s favor. Founded by software engineers, Redfin has the country's #1 brokerage website and offers a host of online tools to consumers, including the Redfin Estimate, the highly accurate automated home-value estimate. Homebuyers and sellers enjoy a full-service, technology-powered experience from Redfin real estate agents, while saving thousands in commissions. Redfin serves more than 80 major metro areas across the U.S. The company has closed more than $31 billion in home sales and saved customers more than $335 million in fees through 2015.

For more information or to contact a local Redfin real estate agent, visitwww.redfin.com. To learn about housing market trends and download data, visit theRedfin Data Center.

Redfin Journalist Services: Christin Camacho, press@redfin.com, 206-588-6863.
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