Redfin Valuation

With Redfin you can research homes for sale in 80 markets across the US. Redfin is a GOLDMINE of information when it comes to vacant land valuation.

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Revenue and Valuation Trends Against this backdrop Redfin has increased revenues each quarter since the March 31 2020 quarter end which was disrupted by COVID-19.

Redfin valuation. If Redfin is a brokerage making 256 million in revenues and losing tens of millions every year. Rating as of Oct 15 2021. When an experienced agent performs a CMA theyll examine your home personally to assess its features and conditions.

But while its core business is helping people buy and sell homes Redfin is probably better known for its house hunting app and website. During the past 12 months Redfins average Book Value Per Share Growth Rate was -1310 per year. Revenue grew 97 compared to the year-ago quarter and 10 sequentially to 11 billion -- beating Wall Street estimates of 10 billion -- and eXps agent count grew 87 to over 65000 agents.

Comparative valuation analysis is a catch-all model that can be used if you cannot value Redfin Corp by discounting back its dividends or cash flows. In addition to its discount listing services Redfin offers a number of free online resources and tools to home buyers and sellers including home value estimates for the 744 million homes in its valuation database 13 million listed and 731 million off the market. Redfin is registered under the ticker NASDAQRDFN.

As part of this strategy Redfin is attempting to position itself as more of a technology-oriented company rather than a real estate brokerage as it believes that will help it command a higher valuation when its IPO launches. The Seattle-based company was founded in 2004 and went public in August 2017. With full access to the MLS Redfin uses the data they can get on a home as well as data based on recently-sold properties in the area to determine a fairly precise valuation.

We provide the most accurate value of a home for salemore than twice as likely to be within 3 of the homes selling price as other top online home-value estimators. According to an independent study of on-market homes the Redfin Estimate is the most accurate among leading automated home-value tools. It is currently regarded as top stock in price to sales category among related companies fabricating about 242 of Price to Sales per Beta.

Their latest funding was raised on Mar 30 2020 from a Post-IPO Equity round. Redfin Corp is currently regarded as top stock in beta category among related companies. It represents people buying and selling homes and features all of the broker-listed homes for sale as well as for-sale-by-owner properties.

This small technologist also foresees resurging growth for Redfin to kick-off 2021. Their stock opened with 1500 in its Jul 28 2017 IPO. If you dont.

Find out all the key statistics for Redfin Corporation RDFN including valuation measures fiscal year financial statistics trading record share statistics and more. Redfin is a low commission real estate company that offers discounted listing fees for home sellers and rebates for some buyers. The Redfin Estimate and the Zillow Zestimate calculate a homes market value by using publicly available information and user-submitted data.

Redfin is a full-service real estate brokerage. To justify its current valuation in this scenario Redfin must immediately achieve a 1 NOPAT margin compared to -8 in 2016 which is higher than Zillows margin. 00 Earnings and Valuation.

Zillow and Redfins business models are converging as each move to buy and sell houses directly. Earnings for Redfin are expected to decrease in the coming year from 101 to 104 per share. The PE ratio of Redfin is -6119 which means that its earnings are negative and its PE ratio cannot be compared to companies with positive earnings.

Redfin is a provider of real estate search and brokerage services through a combination of real estate web platforms accessible to agents. Redfin is careful to note their estimates are just a place to start and cannot take the place of an actual appraisal or the judgement of a professional real estate agent. Redfin has raised a total of 3196M in funding over 12 rounds.

Revenue is expected to increase at. Quote Stock Analysis News Price vs Fair Value Sustainability Trailing Returns. During the past 3 years the average Book Value Per Share Growth Rate was 2570 per year.

My home is located in one of the areas covered so why isnt there a Redfin Estimate for it. Glenn Kelman is the CEO. Speaking to a Redfin Agent about your homes value is free of charge with no obligation.

The best way to find out if your homes Zestimate or Redfin Estimate is accurate is to get a professional home valuation or CMA from a top local real estate agent. Redfins home sales that closed last quarter averaged 1011 of the forecasted price while Kelman signaled that sales the company has already booked Q4 have averaged 1000 of the predicted. Redfin has good prospects and a reasonable valuation.

If you need help finding the market value of a vacant lot Redfin can help. Redfins business model to undercut competition is based on sellers paying Redfin a discounted fee either 10 or 15 to list the sellers home. Redfin Corp RDFN.

Redfin is funded by 18 investors. The most accurate online estimate. Please click Growth Rate Calculation Example GuruFocus to see how GuruFocus calculates Wal-Mart Stores Inc WMTs.

Redfins book value per share for the quarter that ended in Jun. Price to Earnings Ratio vs. The Redfin Estimate only appears on single-family homes townhouses and condos with enough similar properties sold nearby within the last year.

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