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Zillow Group CEO Rich Barton on why he’s bullish about real estate despite pandemic

GeekWire

The Zillow Group CEO expressed optimism for the future of real estate despite a global pandemic that has slowed home sales and leaves the industry with an uncertain future. It is leaning on technology such as virtual home showings in the meantime. ” The Seattle real estate giant posted Q1 revenue of $1.1

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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).

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

GeekWire

Tech tools such as video tours have increasingly helped power real estate transactions during the pandemic, decreasing the need for face-to-face interactions. Related: The new realities of real estate: Redfin CEO on tech, climate, housing, and the era of ‘a thousand HQs’. Its net loss widened to $27.9

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Redfin beats Q4 earnings estimates with $244M in revenue and record traffic

GeekWire

A hot real estate market helped Redfin’s monthly active visitors grow to a record 44.1 million, while net losses dropped to $18.5 Redfin and other real estate tech companies including fellow Seattle giant Zillow Group are benefiting from a strong U.S. million, up from 30.6 million from $80.8 million in 2019.

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IT Vortex: The Effort to Achieve Net Zero Carbon Emissions is Far More Than a Business Goal

CIO Business Intelligence

Offering a diverse array of cloud solutions, IT Vortex’s customers include enterprises in industries from manufacturing and mining to fashion and real estate. Lou Corriero, Vice President of Cloud Technologies at IT Vortex, notes that the organization frees its customers to focus on their businesses, not the IT required to run them.

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Redfin beats Q3 estimates but stock dips; CEO says company’s tech is a ‘passport to a new life’

GeekWire

Revenue was down 1% year-over-year while net income more than quadrupled. “Redfin’s increasing share of North America’s online real estate audience, coupled with a strong housing market, has generated demand faster than we can recruit agents, lenders and partners,” Redfin CEO Glenn Kelman said in a statement. .

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Zillow Group CEO Rich Barton on the ?great reshuffling,? and why he?s optimistic about it

GeekWire

“This crisis is causing a great reshuffling,” said Barton, speaking Thursday during a GeekWire virtual event titled How to Build an Enduring Culture in the Era of COVID-19. Over the past two months, Barton said the data was clear when it came to residential real estate. “We were not afraid to see good news.

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