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Redfin partners with security giant ADT for program that lets buyers tour homes without an agent

GeekWire

Redfin’s Direct Access program enables buyers to tour a home by unlocking the door via an app and connected smart lock. Tech tools such as video tours have increasingly helped power real estate transactions during the pandemic, decreasing the need for face-to-face interactions. Redfin Photo).

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Redfin posts $191M in Q1 revenue; CEO says tech will help real estate giant navigate COVID-19 crisis

GeekWire

The Seattle real estate company posted its first quarter earnings report on Thursday with $191 million in revenue, up 73% and beating expectations of $178 million. Net loss per share came in at $0.64, lower than estimates of -$0.75. (GeekWire Photo / Nat Levy). million last year, with a $201,000 loss.

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Tech Moves: Funko names new CEO; Nintex promotes VPs; Leafly adds president

GeekWire

LinkedIn Photo) Cynthia Williams , a video game industry vet who recently departed Wizards of the Coast, was named CEO of Everett, Wash.-based Net loss decreased from $61.1 Seattle real estate startup Far Homes hired Elaine Han as head of business operations. Cynthia Williams. based pop culture collectibles maker Funko.

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Redfin CEO says strength of housing market ‘almost feels eerie’ amid economic and health crisis

GeekWire

The Seattle real estate company laid off 7% of its staff and furloughed hundreds of agents in April as the COVID-19 outbreak began spreading. Redfin topped Wall Street estimates for the quarter , reporting $214 million in revenue, up 8%, and a net loss per share of $0.08. Redfin CEO Glenn Kelman at the 2018 GeekWire Summit.

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Porch makes stock market debut, raising $322M to fuel its ambitions in home services technology

GeekWire

“We’ve now earned the opportunity to build what we set out to,” the Porch CEO said via video from Seattle on Thursday morning, thanking the company’s employees, investors and partners before the ceremonial ringing of the Nasdaq opening bell. It posted a net loss of $103 million last year on revenue of $77.6

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Seattle startup founders, investors react to new state capital gains tax that targets stocks

GeekWire

The law imposes a 7% tax on capital gains of more than $250,000 from the sale of stocks and bonds, excluding revenue from real estate and retirement accounts, among other exceptions. The video below, published by Invest in Washington Now, a nonprofit that supported the tax, shows how much a person would owe based on the new tax.

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Real estate giant Redfin beats Q2 estimates with $214M in revenue; CEO says ‘we’re inside a tornado’

GeekWire

Seattle-based real estate company Redfin topped Wall Street estimates for its second quarter earnings , reporting $214 million in revenue, up 8%, and a net loss per share of $0.08. The real estate market is on a roller coaster this year as buying activity slowed due to the pandemic but has rebounded in recent months.