Reply To: RIP Redfin Business Model

[sdrealtor]

Its all here in the conference call transcript from yesterday if you understand how to read between the lines

https://finance.yahoo.com/m/6eb760bc-4efa-34e4-94ab-4c064193880a/redfin-rdfn-q2-2023.html

I knew this was coming based upon the falling transaction volume and bought puts two days.

Just closed them out for a 5X profit this morning.

Put a fork in that model.