Investor Presentaiton
Rentals
Rent.
Traffic synergies
Leverage Redfin's 50M monthly visitors; in Q4 2022,
Redfin.com contributed 18% of rentals site visits
Customer synergies
Increase engagement with younger demographic;
today's renters may be tomorrow's home buyers
Search optimization
Comprehensive sites show up higher in
search engine results
Key milestones
1
Added rentals in April 2021 with the acquisition of Rent.
(formerly RentPath); purchased out of bankruptcy
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New leadership, Jon Ziglar, joined as CEO
in August 2021
Added rentals listings to Redfin.com
in March 2022
Relaunched as "Rent." in June 2022 with a renewed focus
on the full product suite and go-to-market strategy
From September 2021 to September 2022,
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sales productivity more than doubled
Posted year-over-year revenue growth in Q4 2022,
the businesses' first quarterly-year-over year
revenue growth in years
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