Redfin (NASDAQ: RDFN) reported a quarterly gross profit of $42.36 million on 31 March 2021. The quarterly gross profit grew from $12.88 million on 31 March 2020. Archives

daniel May 19, 2021May 19, 2021 American real estate is bubbling, How Redfin Makes Money, In contrast, Redfin (NASDAQ: RDFN) reported a quarterly gross profit of $42.36 million on 31 March 2021. The quarterly gross profit grew from $12.88 million on 31 March 2020., Redfin (RDFN), Redfin burns Cash, Redfin Corporation (NASDAQ: RDFN), Redfin is a Growing Company, What Value Does Redfin Have?

Is Redfin (RDFN) Making Money?

Investors hope Redfin (RDFN) can cash in on the real-estate bubble because it is a discount online brokerage. Redfin tries to drive real estate sales with low listing fees. Redfin makes money by charging a 1% or 1.5% listing fee.