David Shippey
https://www.davidshippey.com/blog/redfin-discontinues-ibuyer-program


Redfin Discontinues iBuyer Program

Posted By: David Shippey In: Winter Haven News
Date: Fri, Nov 11th 2022 10:49 am

Redfin has decided to discontinue their iBUYER Program due to the rising interest rates and cooling real estate market. As a result, Redfin will be laying off over 800 employees. Redfin had already laid off 470 back in June 2022. Redfin currently owns approximately $265 million worth of homes in their inventory.

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