brand Redfin Now. On July 28, 2017, Redfin became a public company via an initial public offering, raising $138 million. In June 2019, Redfin began offering buyers the opportunity to submit offers on homes listed by Redfin's selling agents without using a buyer's agent, saving sellers commissions and possibly making their offers more attractive. In July 2019, Redfin partnered with Opendoor, an online real estate company, whereby visitors to the Redfin website can request an offer to buy their houses from Opendoor. In November 2020, a class-action lawsuit by several fair housing organizations accused Redfin of violating the Fair Housing Act by offering fewer services to homebuyers and sellers in minority communities and not offering to sell lower-priced homes because of the lower profits on such sales. In 2022, the company paid $4 million to settle the lawsuit, changed its policies, and implemented a new internal monitoring system. On April 9, 2021, Redfin acquired RentPath, which owns Apartment Guide, Rent.com, Lovely, and Rentals.com, for $608 million. In December 2021, Redfin announced it would no longer include neighborhood crime data in search results due to "inaccuracy" in Federal Bureau of Investigation crime data, and because Bureau of Justice Statistics data was "troubling" because "people reporting crimes were more likely to describe their offender as young, male, and Black". In January 2022, Redfin acquired Bay Equity Home Loans, a mortgage lending operation based in California with operations in 42 states, for $137.8 million. In June 2022, the company announced layoffs of 8% of its staff amid a downturn in the housing market. Awards In July 2006, Inman News awarded Redfin the Innovator Award for the Most Innovative Business Model. In October 2012, Redfin was named one of The DIGITAL 100: World's Most Valuable Private Tech Companies by Business Insider. In July 2013, Inman News awarded Redfin an award for "Most Innovative Brokerage or Franchise". In June 2014, Seattle Business magazine recognized Redfin as the best company to work for in Seattle in the Large Companies category. Redfin was named the one of the top tech companies to work for in Seattle by Hired.com. See also National Association of Realtors List of online real estate databases References External links Real estate companies established in 2004 2004 establishments in Washington (state) American companies established in 2004 Companies based in Seattle Online real estate databases Real estate services companies of the United States Companies listed