Redfin (RDFN) Quarterly and Annual Segment Results by Country and Region - CSIMarket
CSIMarket
 
Redfin Corporation  (NASDAQ: RDFN)
    Sector  Services    Industry Real Estate Operations
   Industry Real Estate Operations
   Sector  Services

Select the Financial Report: Select the Period:


Description of Redfin's Business Segments


Redfin Corporation is a technology-driven real estate brokerage that redefines the traditional real estate model by integrating advanced technological solutions with personalized services. The company focuses on delivering a seamless and efficient home buying and selling experience through its comprehensive suite of segments, products, and services. Below is an extensive description of each category.

Segments

1. Home Buyers:
Redfin caters to home buyers through a wide array of services designed to simplify the purchasing process. The online platform is designed for ease of use, allowing buyers to search for property listings across a wide geographical area. Features include:

- Property Listings: Users can seamlessly browse a wide variety of properties listed for sale, including detailed listings with photos, descriptions, and up-to-date market information.
- Personalized Alerts: Interested buyers can set up custom alerts to receive notifications about new listings that match their criteria, ensuring they remain informed about available options.
- Virtual Tours: Redfin leverages technology to offer virtual tours of homes, allowing potential buyers to explore properties remotely before scheduling in-person visits.

2. Home Sellers:
For home sellers, Redfin provides a tailored service that goes beyond mere listing. Their offerings include:

- Home Valuation Tools: Sellers have access to tools that provide insights into their homes market value, often leading to data-driven pricing strategies.
- Professional Photography and Staging: Redfin employs professional photographers to take high-quality images of listed properties. Home staging services are also offered to enhance the aesthetic appeal of homes for sale.
- Marketing and Exposure: Properties listed with Redfin receive extensive marketing support, including features on multiple online platforms to maximize visibility.

Products

1. Redfin Online Platform:
The digital backbone of Redfins services, this platform provides:

- User-Friendly Interface: An intuitive design which allows buyers and sellers to navigate the real estate market effortlessly.
- Search Filters: Buyers can filter listings based on various criteria, such as price range, location, square footage, number of bedrooms, and more, allowing for targeted home searches.
- Scheduling Tools: The platform includes features enabling users to request and schedule home tours conveniently.

2. Redfin Now:
This innovative service offers a quick and easy solution for homeowners wishing to sell their property with minimal hassle. Sellers can receive cash offers for their homes, simplifying the process significantly compared to traditional sales methods.

3. Redfin Mortgage:
Recognizing the complexities of financing a home, Redfin provides mortgage services to assist buyers in navigating their financing options. This includes:

- Streamlined Applications: A user-friendly mortgage application experience.
- Competitive Rates: Offering competitive mortgage rates and transparency throughout the financing process.

Services

1. Licensed Real Estate Agents:
Redfin employs a team of licensed real estate agents who work directly with clients, offering a comprehensive range of services that include:

- Personal Consultation: Agents provide personalized consultations to understand client needs and guide them through the buying or selling process.
- Negotiation Expertise: Expert agents assist in negotiations to ensure clients receive the best possible deals, providing support from offer to closing.

2. Virtual Tours and Open Houses:
Leveraging technology, Redfin facilitates an array of virtual tours and open houses, making it convenient for buyers to explore homes from anywhere, thus expanding their choices without geographical limitations.

3. Access to Digital Resources:
Redfin equips clients with a wealth of digital resources, including:

- Market Reports: Comprehensive insights into real estate market trends, helping buyers and sellers make informed decisions.
- Educational Content: A variety of articles, videos, and guides that educate clients about the real estate process, mortgage options, and market conditions.

Conclusion

In conclusion, Redfin Corporations multifaceted approach to real estate through its specialized segments, targeted products, and comprehensive services offers a one-stop shop for all real estate needs. By merging technology with traditional brokerage services, Redfin not only enhances the user experience for home buyers and sellers but also increases efficiency and transparency in the real estate market. This strategic combination positions Redfin as a leader in the evolving landscape of real estate brokerage, catering to the demands of modern consumers.


Composition of Redfin Corporation Revenues by Segments

 
Zillow    45.32 % of total Revenue
Accrued and other liabilities Zillow    9.06 % of total Revenue
Deferred revenue noncurrent Zillow    36.26 % of total Revenue
Real estate services    57.23 % of total Revenue
Rentals    23.7 % of total Revenue
Mortgage    13.29 % of total Revenue
Other revenue Title    3.91 % of total Revenue
Other revenue Monetization    2.04 % of total Revenue

Q1 three months ended (Mar 31 2025)
Revenues by Business Segments Revenues
(in millions $)
%
(of total Revenues)
Zillow 100.00 45.32 %
Accrued and other liabilities Zillow 20.00 9.06 %
Deferred revenue noncurrent Zillow 80.00 36.26 %
Real estate services 126.28 57.23 %
Rentals 52.29 23.7 %
Mortgage 29.32 13.29 %
Other revenue Title 8.64 3.91 %
Other revenue Monetization 4.51 2.04 %
Total 220.63 100 %




Q1 three months ended (Mar 31 2025)
Revenue Growth rates by Segment Y/Y Revenue
%
Q/Q Revenue
%
Zillow - -
Accrued and other liabilities Zillow - -
Deferred revenue noncurrent Zillow - -
Real estate services -3.74 % -
Rentals 5.59 % -
Mortgage -13.31 % -
Other revenue Title 32.61 % -
Other revenue Monetization 1.28 % -
Total -1.86 % -78.83 %




Q1 three months ended (Mar 31 2025)
Income by Business Segments Income
(in millions $)
%
(Profit Margin)
Real estate services 19.86 15.72 %
Rentals 39.32 75.21 %
Mortgage 5.41 18.44 %
Total -92.52 -




Q1 three months ended (Mar 31 2025)
Income Growth rates by Segment Y/Y Income
%
Q/Q Income
%
Real estate services -2.03 % -
Rentals 3.32 % -
Mortgage -31.7 % -
Total - -




Annual Report on Redfin Corporation Divisions, Sales by Country

 
Real estate services   Real estate services Segment contribution to total sales 61.68 % of total Revenue
Rentals   Rentals Segment contribution to total sales 19.55 % of total Revenue
Mortgage   Mortgage Segment contribution to total sales 13.42 % of total Revenue
Title Title   Title Title Segment contribution to total sales 3.6 % of total Revenue
Title Monetization   Title Monetization Segment contribution to total sales 1.83 % of total Revenue


Twelve months ended 2024
RDFN s Annual Revenue by Geography and Business Segments Sales
(in millions $)
%
(of total Sales)
Real estate services 642.87 61.68 %
Rentals 203.74 19.55 %
Mortgage 139.83 13.42 %
Total 1,042.20 100 %
Title Title 37.51 3.6 %
Title Monetization 19.04 1.83 %


Twelve months ended 2024
RDFN s Annual Income by Country and Business Segments Income
(in millions $)
%
(Profit Margin)
Real estate services 155.35 24.17 %
Rentals 156.02 76.58 %
Mortgage 24.27 17.36 %
Total -164.80 -

Twelve months ended 2024
Annual Revenue and Income Growth by Country and Business Segments % Y/Y Sales Growth % Y/Y Income Growth
Real estate services 3.93 % -0.38 %
Rentals 10.24 % 9.31 %
Mortgage 4.27 % 52.37 %
Title Title 49.47 % -
Title Monetization 35.19 % -
Title - -
Monetization - -
Discontinued Properties Segment - -
Previously Reported - -



Help

About us

Products

Data downloads

API

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com

Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.

© 2026 CSIMarket.com — Proprietary financial dataset. All rights reserved. Redistribution or automated extraction prohibited.