RDFN Redfin Corporation

Redfin Launches Favorites Lists to Help Organize Your Home Search

(NASDAQ: RDFN) — Home searchers now have an easier way to keep track of their favorite homes on Redfin (). Today, the technology-powered real estate company launched Favorites Lists, a new tool that allows Redfin’s app and website users to organize their favorite homes into custom lists and share them with their home search partner.

This press release features multimedia. View the full release here:

Redfin's new Favorites Lists feature allows homebuyers and renters to organize their home search by sorting their favorite homes into customizable lists. (Graphic: Business Wire)

Redfin's new Favorites Lists feature allows homebuyers and renters to organize their home search by sorting their favorite homes into customizable lists. (Graphic: Business Wire)

The new tool builds upon Favorites, one of Redfin’s most-loved features. About 7 in 10 Redfin app users have chosen at least one favorite home, and nearly 40% have compiled a list of more than 30 homes. With Favorites Lists, home searchers can bring some much-needed organization to their search and group their favorites in any way they like—whether that’s rental apartments in the city or homes with amazing kitchens.

“It’s common for buyers to search for homes in different neighborhoods, or to consider renting in a new place before they decide if they want to buy there,” said Redfin Phoenix agent Kelly Khalil. “Everyone’s journey is different, so having the ability to organize your favorite homes according to your own goals or preferences makes the process easier. And since most people search for homes with a loved one, it just makes sense that you can seamlessly share those lists with a search partner.”

Renters can also organize their search with Favorites Lists and share homes with a roommate or partner. For those deciding between buying or renting, the feature makes it easy to collect candidates and decide how to move forward.

“We’re excited about this feature because it works for anyone who uses Redfin to search for a home,” said Ariel Dos Santos, Redfin’s vice president of product. “It’s just as useful for a renter keeping track of apartments in different neighborhoods as it is for someone looking to buy their first home or an interior designer browsing the latest home trends. Our goal was to give users the flexibility they need to stay organized and to encourage people to have fun with it.”

How it Works

When someone logs into their Redfin account and favorites a home, the feature prompts them to create a list for the home or add it to an existing list. House-hunters can create up to 100 lists and may edit or delete any list they have created, making the experience fully customizable.

People who are searching for a home or an apartment with someone else can designate a Redfin search partner, which instantly shares their lists and invites the search partner to collaborate through list edits and comments on favorited homes.

The feature is now available for all for-sale, off-market and rental homes on Redfin.com and the iOS app, and will be available on Android later this year.

About Redfin

Redfin () is a technology-powered real estate company. We help people find a place to live with brokerage, rentals, lending, title insurance, and renovations services. We sell homes for more money and charge half the fee. We also run the country's #1 real estate brokerage site. Our home-buying customers see homes first with on-demand tours, and our lending and title services help them close quickly. Customers selling a home can have our renovations crew fix up their home to sell for top dollar. Our rentals business empowers millions nationwide to find apartments and houses for rent. Since launching in 2006, we've saved customers more than $1 billion in commissions. We serve more than 100 markets across the U.S. and Canada and employ over 5,000 people.

For more information or to contact a local Redfin real estate agent, visit . To learn about housing market trends and download data, visit the . To be added to Redfin's press release distribution list, email . To view Redfin's press center, .

Redfin-F

EN
31/01/2023

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Redfin Corporation

Dave Nicoski ... (+2)
  • Dave Nicoski
  • Ross LaDuke

Vital Signs: Actionable charts

In this product we rank the most positive and negative domestic stocks, filter the symbols by market-cap and trading volume, and then divide the companies into sectors and groups. We then manually look through charts leadership/changes, bottoms-up/top-down ideas, short-term patterns that may have long-term significance, etc. We believe you will find this product valuable as significant price and relative moves begin in the daily charts.

 PRESS RELEASE

Redfin Reports Home Sales Dropped Significantly in Altadena and the Pa...

SEATTLE--(BUSINESS WIRE)-- (NASDAQ: RDFN) — Home sales fell by double digits in the Pacific Palisades and Altadena in the wake of January’s devastating Los Angeles wildfires, according to a new from Redfin (), the technology-powered real estate brokerage. In the (), just 12 homes sold in February, down 56% from a year earlier. And in (), 32 homes sold, down 43% year over year. Home listings fell in neighborhoods hit by the wildfires, too. Listings slowed a bit in February—but not nearly as much as sales. There were 23 new listings in the Palisades, down 12% year over year, and 46 new list...

 PRESS RELEASE

Redfin Reports Gen Z and Millennial Homeownership Rates Flatlined in 2...

SEATTLE--(BUSINESS WIRE)-- (NASDAQ: RDFN) — Young Americans are losing their momentum when it comes to homeownership, according to a new from Redfin (), the technology-powered real estate brokerage. Just over one-quarter (26.1%) of Gen Zers owned their home in 2024, essentially flat from 2023 (26.3%) and 2022 (26.2%). Before that, the Gen Z homeownership rate had increased each year since Gen Zers started aging into potential homeownership in 2017 (except 2022, when it stayed flat). The story is similar for millennials: 54.9% of millennials owned their home last year, essentially unchanged f...

 PRESS RELEASE

Redfin Reports Near-Record Housing Costs Put a Lid on Pending Sales, E...

SEATTLE--(BUSINESS WIRE)-- (NASDAQ: RDFN) —The typical U.S. homebuyer’s monthly housing payment is $2,793, just a few dollars shy of the all-time high, according to a new from Redfin (), the technology-powered real estate brokerage. Housing payments are sky-high because sale prices keep rising and mortgage rates remain high. The median home-sale price rose 3.3% year over year during the four weeks ending March 16, and the weekly average mortgage rate is 6.65%, its lowest level since mid-December but still more than double pandemic-era lows. Lack of affordability is suppressing homebuyer dem...

 PRESS RELEASE

Redfin Report: America’s Renter Population Grew 1% in the Fourth Quart...

SEATTLE--(BUSINESS WIRE)-- (NASDAQ: RDFN) —The number of renter households in America increased 0.8% year over year to 45.4 million in the fourth quarter—the slowest growth since the first quarter of 2023, according to a new from Redfin (redfin.com), the technology-powered real estate brokerage. The number of homeowner households rose 0.8% to 86.9 million—a growth rate that’s little changed from recent quarters. That marks the first time in over a year that the number of renter and homeowner households are increasing at the same rate. Prior to this, the number of renter households had been g...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch