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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Glenn Fleishman, the Seattle-based technology journalist, was victorious in his first night on the Jeopardy! quiz show. He won the game during the final jeopardy round, correctly identifying Karl Marx.
Zillow CEO Rich Barton, left, and Redfin CEO Glenn Kelman, right, are leading the transformation of the residential real estate market with technology. (GeekWire, Zillow and Redfin Photos)
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Q&A: Redfin CEO Glenn Kelman wants to keep his company weird, even after going public. That was 15 years ago when Plumtree Software – a company that Kelman co-founded – started trading on the public markets. With Redfin’s arrival on the Nasdaq exchange today with an IPO that raised $138.5 million, Kelman wanted to do things a little bit differently.
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Fifth Third Bank sets stage for nationwide expansion by applying for national bank charter Fifth Third bancorp today announced that Fifth Third Bank has filed an. with Office of the Comptroller of the Currency to Convert to National Bank Charter. align regulatory supervision with its expanding national business model by streamlining its operations under one uniform set of laws and regulations.
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.
Q&A: Redfin CEO Glenn Kelman on competing with Zillow, and the potential of real estate tech GeekWire Redfin is more than two years into what was once an experiment, buying homes from people, sprucing them up and then selling them, and it has learned some.
US pending home sales fell 1.5% in April · The National Association of Realtors said Thursday that its pending home sales index fell 1.5% to a reading of 104.3. Pending sales declined 2% over the past year. Sales have been hampered even.