@@jank3441 WOW after hours yep -8.30 after pop of 11% LMAO. so stupid robinhood users. we keep warning them to stay away from frauds and scams but they keep buying it on hype and momo plays. my god. I dont know if I should LMAO but I am... I feel bad for them. Well we tried to warn them. but an easy 30-40% gain with invested capital if you know how I would play it. XD I still wont bother because I have better ones with less risk. who knows there is a risk the robinhood traders could go crazy an jack it up 100 dollars then crash it just to kill the ones that told them so. taking us all down along with them and let dealers make all the money.
Zillow have pretty much already captured the market, way ahead of redfin and opendoor. Zillow are more versatile as well, they'll move into any area of real estate business that they deem profitable. I would definitely go for Zillow
I am as tech savvy as they come but I recently had a very poor experience with Redfin. And the answers are in your videos itself. I started my house search with Redfin. As a buyer, each time a new random person showed up to show a house and had no idea about houses or what to look for in the house. These are 22 year olds or part-time moms who have no idea about real estate. One time, a person who was showing me the house did not even walk in. As for online experience, one time I saw a house in New York on the website and I just keep getting NY recommendations. I finally got a traditional agent and bought a house. After a couple of visits, the agent knew what I wanted, the search was very efficient and gave me solid recommendations about house value etc. Redfin sucks and will soon go the purplebricks way. I would short this stock.
Shopping for homes, I found Redfin listings much more accurate than Zillow. They usually have better info on HOA fees, less town homes are listed as single units, etc.
I'm a CPA working in the healthcare industry, and I don't have any time to do these sort of projections because of work and MBA currently. I LOVE LOVE LOVE to see income statement projections, especially conservative ones. I just bought $2500 based on the recommendation. Thank you Kev - looking forward to more stock reviews like this.
I liked your dd on redfin back then and I invested in and happy where it's at. I would just hold at current valuation though. My biggest winners are PTON, SQ, TTD
Hi MeetKevin, loving the way you breakdown the fundamentals. Just wondering, where do you find that service side usually grows at 3%? Because looking at the SEC filings, service revenue growth seem to be much higher. 2015 to 2016 181 million => 260 million Around 43% 2016 to 2017 260 million => 351 million Around 35% 2017 to 2018 351 million => 441 million Around 25% 2018 to 2019 441 million => 539 million Around 22% 2019 to 2020 539 million => 674 million Around 25% Hoping you can enlighten me. 🙏🙏🙏
I like using Redfin to search for listings. I've been using it for years and give feedback to their developers. Where they win is their software. The listings are live and up to date. I can see if something is pending or not. I think their database of what you're looking at has to be worth something as well. They know what I like and where I like it. Targeted advertising! I think they can be like the Google of real estate. Maybe you as a realtor can say show me all the people looking for houses in a given market that like hardwood floors and a given number of bedrooms, bam you get an e-mail.
Meet Kevin I want your updated thoughts on Tesla’s big run. How high do you think it’s going to go? Will it plateau and keep going up after battery day? What are your cues to sell?
New to the investment game, and you have been a plethora of useful information. Thank you! Is there anyway to get a template of your company rundown sheet?
Hi Kevin, I just watched your Redfin video from July of 2019. You didn't seem keen on them back then, specifically their agents expertise. So I am interested in what changed your opinion, is it the new technology? Thanks!
If Redfin and Zillow can offer market price they will own the market - all they have to do is contract with every seller at market rate - then auction off to local buyers - let them bid. Almost no risk for seller or zillow.
Everyone uses Matterport in their listings now...I don’t know why you think only Redfin uses it. Also, most Buyers and Sellers want to work with agents they know and trust, through friend/family connections. Not an agentbot from Redfin.
Kevin, what about that accounting magic where they said they had the huge revenue boost that wasn't really true revenue? I remember you got very upset with them - my guess is you have forgiven them?
I agree with you that redfin is doing a great job getting this rolled out to consumers, but this particular technology is very last year. There is something better with Facebook and I have not observed redfin doing it yet. I can tell you who is, though. 😘
I bought Redfin for $17.64 around 15 months ago and sold it last week for $53.10. While I think it's the wave of the future in RE brokerage, the stock seems to have gone up much too quickly. Redfin also pays their agents a salary unlike other brokerage firms. And when I go on the Redfin app, I see just a small handful of listings from them here in L.A. Thus, with very few listings, paying their agents salaries, and burning cash to expand, I thought it was good time to sell it.
Really.. What level of "vetting" will the company have to put a buyers thru before they can just enter a sellers how without a license agent being there to "supervise" the buyer walking thru the sellers home. Plus how many sellers would want buyers to just walk thru the homes without a agent being there. How many state real estate commission boards will allow something like this to be legal to happen.. A lot of question about that one...
Kevin, What about Nvidia? I bought in March at 230 and sold at 490 on the selloff last week. Will the new merger force the stock back up to 590 soon? I'd like to hear your point of view on this stock.
I have a client that went with reali “trade in” program. Reali buys the house for you first and helps you move into the new house and then they sell your old house. Sounds super risky
@@Alex-wx8be he's making a lot of aggressive moves based on a little evidence and a lot of bravado. Feels like he's winning because the markets winning.
I plan on having a forward thinking real estate portion of my portfolio.. I'm thinking of going RDFN, Z, & RKT. Anyone thoughts? I'm a long term investor.
💰💰💰💰Yes, Redfin is good and some RE investors don't like ibuyers....same as Zillow they can pick up great deals before it even hits market- MLS. ;)))))
You made a comment of workers going to EXP realty. I’m in the process of trying to find a good real estate agent. Met up with a realtor from EXP realty and based off research they come off as one of the best real estate companies. What do you know about them that I don’t lol. Not sure if going with them would make a huge difference than going with a family friend real estate agent to help us search for a good home later this year to buy.
Redfin is the company that convinced me to delve back into the stock market and buy individual stocks back around August of 2019. Perfect timing too because I was set up perfectly to take full advantage of the market dip this past April. Sadly, I sold out of my Redfin position in December to buy into Tesla. I definitely plan to buy back in some time in the near term-- all in if there is a real estate crash.
I don't think their going to make this construction deal work... I'm around the Houston market and it's hell to get the same contractor to do more than one job. After one your on to the next one.
I wanted to buy Redfin back in March when it plummeted down to 11 bucks.....have been kicking myself ever since waiting for it to dip again. It just keeps going up. DAMMIT!
Your investments strategy must involve diversification, while it may be tempting do not put all your eggs in one basket. Every experienced investor hedges or protects his/her risk by investing bin multiple assets. I am grateful to my broker Kyle Holt Karens for providing her services and sharing her vast knowledge of the financial market so that at home traders like me can make decent profits.
Kyle Holt Karens is really something else ever since i met her at the start of the year i have recorded almost $253,000 gain, anyone can shoot her a mail through her website just search her name onlīne to get on her legit websìte.
I have been working with Mrs Holt Karens for a long time and she made me the great woman that I am today, gained a lot of confidence in myself this year ....I make money money everyday.
The National REO Services and Property Property Preservation companies outsource a lot of renovations and clean-up jobs to small contractors on their vendor lists. Which companies if any do you think will lead the way in the next big wave of foreclosures? Will Redfin start up an REO services/Property Preservation department? Or maybe they even have one already.
@@williamhawkins5906 bingo. You are right! What will their fate be in the coming year, say, 2025? Bankrupt or will they reconfigure their business schematic???? 🎰
![What Donald Trump *JUST* Said [BIG PROMISE] Victory Speech](http://i.ytimg.com/vi/u2AXgBE0EsU/mqdefault.jpg)
![What Donald Trump *JUST* Said [BIG PROMISE] Victory Speech](/img/tr.png)
Redfin or Tesla? Both red lol
Short Nikola is a better investment atm 😂
@@jank3441 WOW after hours yep -8.30 after pop of 11% LMAO.
so stupid robinhood users. we keep warning them to stay away from frauds and scams but they keep buying it on hype and momo plays. my god. I dont know if I should LMAO but I am...
I feel bad for them.
Well we tried to warn them.
but an easy 30-40% gain with invested capital if you know how I would play it. XD
I still wont bother because I have better ones with less risk.
who knows there is a risk the robinhood traders could go crazy an jack it up 100 dollars then crash it just to kill the ones that told them so. taking us all down along with them and let dealers make all the money.
Why choose get both, they red
I'm building up my $RDFN position over the next year.
Well Kevin, Tesla is good if you don't put 65% into it and lose 2 million dollar ;) Sending good vibes your way man, you'll bounce back!
Appreciate these kind of breakdowns! Could we get a Redfin vs Zillow stock video?
Apples and Oranges. Zillow makes most of its money from agents, Redfin makes most of its money from customers.
Customer is King.
Zillow have pretty much already captured the market, way ahead of redfin and opendoor. Zillow are more versatile as well, they'll move into any area of real estate business that they deem profitable. I would definitely go for Zillow
I am as tech savvy as they come but I recently had a very poor experience with Redfin. And the answers are in your videos itself. I started my house search with Redfin. As a buyer, each time a new random person showed up to show a house and had no idea about houses or what to look for in the house. These are 22 year olds or part-time moms who have no idea about real estate. One time, a person who was showing me the house did not even walk in. As for online experience, one time I saw a house in New York on the website and I just keep getting NY recommendations. I finally got a traditional agent and bought a house. After a couple of visits, the agent knew what I wanted, the search was very efficient and gave me solid recommendations about house value etc. Redfin sucks and will soon go the purplebricks way. I would short this stock.
Like all these recent stock videos. Keep them coming Kevin.
Love the consistent uploads Kevin, thanks. Redfin looks great. Zillow might be a great investment too for that sector
agreed
Shopping for homes, I found Redfin listings much more accurate than Zillow. They usually have better info on HOA fees, less town homes are listed as single units, etc.
You're so consistent and your videos are always informative and such high quality! I aspire to be a creator like you one day!
same especially trying to be informative in my videos
Redfin Stock fell 20% on February 18th, 2022
Now its at 5 dollars
I'm a CPA working in the healthcare industry, and I don't have any time to do these sort of projections because of work and MBA currently. I LOVE LOVE LOVE to see income statement projections, especially conservative ones. I just bought $2500 based on the recommendation. Thank you Kev - looking forward to more stock reviews like this.
Redfin, Zillow, opendoor? All of them?
You seem like the guy to talk about this stuff.
Hey Kevin, loving this type of videos about stocks. please do more of this!!
Damn kevin, 3 videos a day! Respect to you.
I trust Kevin more than the analysts on msnbc 💯
Love these breakdown videos on stocks and companies. Thank you for providing informative content.
I interviewed with them to Kevin. I m real familiar with there mission statement. I was impressed with the company.
Hi Diane, I'm interviewing with them now. Curious about what happened for you. Thanks!
@@tomfletcher2851 what position
Good analysis. Redfin shot to the moon right after Sept 2020. Now it's at like $76! Is it still a good buy?
I liked your dd on redfin back then and I invested in and happy where it's at. I would just hold at current valuation though. My biggest winners are PTON, SQ, TTD
Its insane that this video has only 45k views.. this was a good one! invested in both reds
So your not going to even mention Zillow as a legitimate competitor?
Absolutely not even close as a competitor. Zillow is an advertiser. Redfin is a broker. Big difference in their goals and revenue models.
Love your videos!!! 😉👌🏼
Is Redfin still a buy? Thanks!!
Hi MeetKevin, loving the way you breakdown the fundamentals. Just wondering, where do you find that service side usually grows at 3%? Because looking at the SEC filings, service revenue growth seem to be much higher.
2015 to 2016
181 million => 260 million
Around 43%
2016 to 2017
260 million => 351 million
Around 35%
2017 to 2018
351 million => 441 million
Around 25%
2018 to 2019
441 million => 539 million
Around 22%
2019 to 2020
539 million => 674 million
Around 25%
Hoping you can enlighten me. 🙏🙏🙏
Kevin, can you make another video on Redfin? Look like the next big growth stock
Great video - hope you can make a Redfin stock video again in the future.
Keven you and this beard just keep growing! Man we need a stimulus! Great video friend!
if anyone still thinks this guy knows what hes talking about, redfin is $5 now. thats a -90% drop since this video. lmao
Really appreciate the stock and real estate videos. The stimulus news is good and always my go to, but I subbed for the investment videos
Great video, and thanks again for PRPL.:)
Kev, honestly beard is killing it!!!! Looks great
Have you looked at EXPI? They are growing fast. Share price was $10 earlier in the year, $42 now
Yeah, now there's a company that's not doing anything new at all. Just a lot of agents drinking the Kool-Aid.
Shit it’s over 100 now
Ahh alright inside trading! I'm with you! Redfin #1, snowflake #2! Thanks Kevin!
Love these stock videos, too! Thank you!!
I like using Redfin to search for listings. I've been using it for years and give feedback to their developers. Where they win is their software. The listings are live and up to date. I can see if something is pending or not. I think their database of what you're looking at has to be worth something as well. They know what I like and where I like it. Targeted advertising! I think they can be like the Google of real estate. Maybe you as a realtor can say show me all the people looking for houses in a given market that like hardwood floors and a given number of bedrooms, bam you get an e-mail.
Meet Kevin I want your updated thoughts on Tesla’s big run. How high do you think it’s going to go? Will it plateau and keep going up after battery day? What are your cues to sell?
Love these stock breakdowns!
New to the investment game, and you have been a plethora of useful information. Thank you! Is there anyway to get a template of your company rundown sheet?
Hi Kevin, I just watched your Redfin video from July of 2019. You didn't seem keen on them back then, specifically their agents expertise. So I am interested in what changed your opinion, is it the new technology? Thanks!
As a fellow real estate agent, it seems like a decent career hedge to buy some Redfin stock lol
Bingo
Maybe EXP stock
If Redfin and Zillow can offer market price they will own the market - all they have to do is contract with every seller at market rate - then auction off to local buyers - let them bid. Almost no risk for seller or zillow.
Everyone uses Matterport in their listings now...I don’t know why you think only Redfin uses it. Also, most Buyers and Sellers want to work with agents they know and trust, through friend/family connections. Not an agentbot from Redfin.
Great info, thanks
Kevin, what about that accounting magic where they said they had the huge revenue boost that wasn't really true revenue? I remember you got very upset with them - my guess is you have forgiven them?
What if the real estate market gets hit hard in the near future?
Kevin what do you think about Opendoor
I agree with you that redfin is doing a great job getting this rolled out to consumers, but this particular technology is very last year. There is something better with Facebook and I have not observed redfin doing it yet. I can tell you who is, though. 😘
I love the change and less video on stimulus WHO ELSE?
Hell yea I gave up relying on the government months ago
I bought Redfin for $17.64 around 15 months ago and sold it last week for $53.10. While I think it's the wave of the future in RE brokerage, the stock seems to have gone up much too quickly. Redfin also pays their agents a salary unlike other brokerage firms. And when I go on the Redfin app, I see just a small handful of listings from them here in L.A. Thus, with very few listings, paying their agents salaries, and burning cash to expand, I thought it was good time to sell it.
You did the right thing by selling redfin @ $53.10
The stock is 98% down from its peak.
Good info. as usual thanks
Thanks for sharing, man
Hey Kevin, great video, I like your perspective and opinion! Thanks for everything you do, I really enjoy your videos. Matt
Really.. What level of "vetting" will the company have to put a buyers thru before they can just enter a sellers how without a license agent being there to "supervise" the buyer walking thru the sellers home. Plus how many sellers would want buyers to just walk thru the homes without a agent being there. How many state real estate commission boards will allow something like this to be legal to happen.. A lot of question about that one...
I guess red sharks have redfins? You definitely pump out more vids than I do.
Look to Offerpad - 10x bigger than Redfin and Zillow. Just went IPO
Tesla return on Equity is 4.56% the choice is clear if these are the choices.
Kevin, What about Nvidia? I bought in March at 230 and sold at 490 on the selloff last week. Will the new merger force the stock back up to 590 soon? I'd like to hear your point of view on this stock.
Just because of you im starting a matter port side hustle business I ordered my camera
How did it work out 6 months later?
RDFN is great and all, but we need to know your RC level to see how dedicated you are to what you put your mind to.
@meetkevin When did you first started investing in stocks? just so I know what your experience tenure is...
I have a client that went with reali “trade in” program. Reali buys the house for you first and helps you move into the new house and then they sell your old house. Sounds super risky
thought he didnt like redfin because something looked shady on some accounting form
I know and because of this and his multiple contradictions I no longer watch his videos or take them seriously
Opinions can change
I remember he bought in back in the summer of 2019
i haven’t been listening him that long but, i like that site . , Aint that why we buy? follower?
@@Alex-wx8be he's making a lot of aggressive moves based on a little evidence and a lot of bravado. Feels like he's winning because the markets winning.
Ipob is the next redfin. 4.8billion market cap. Easy 4x
Can you do a video on opendoor
For the flipping business, why doesn't Redfin just start their own construction company? Or hire their own contractors for cities and areas...?
Hiring contractors full time, in house tradesmen and Redfin name brand.
@meetkevin, since you love stocks helped by the Pandemic. What do you think of MGNI? It is ad support for streaming services.
What are your thoughts on Opendoor now that they're publicly trading?
Just a coincidence you put this out with the recent Opendoor news? If so, what do you think about them since it’s a very similar business model?
Redfin already hit your projections is it a sell?
I have the same question 🙋♀️
KEVIN....LOOK INTO TRNE AND SPCE...HUGE GROWTH PLAY....DONT MISS and will be great if you could do a video on it.
thanks and amazing content
Matterport. Does it have to be a matterport? Just spend a grand on a theta z.. i hope that's decent investment to make money
I see many fair housing issues by not listing a house and letting people with cash buy it out
Questions would i be foolish to put 10 thousand in and pull it out in a month in your opinion would i lose?
I plan on having a forward thinking real estate portion of my portfolio.. I'm thinking of going RDFN, Z, & RKT. Anyone thoughts? I'm a long term investor.
I’ve doubled my money since I watched this thank you!
Is now a good time to buy?
💰💰💰💰Yes, Redfin is good and some RE investors don't like ibuyers....same as Zillow they can pick up great deals before it even hits market- MLS. ;)))))
It's a growth stock at a high price rn...I think I'll wait for the dip ;)
You mean like now it’s $44 hasn’t been since July of 2020
Can’t believe YOU JUST MENTIONED EXP!! That’s so epic! #glassdoor#1voted
Holy shit Kevin is making like three vids a day.
Kevin might be a billionaire .
You made a comment of workers going to EXP realty. I’m in the process of trying to find a good real estate agent. Met up with a realtor from EXP realty and based off research they come off as one of the best real estate companies. What do you know about them that I don’t lol. Not sure if going with them would make a huge difference than going with a family friend real estate agent to help us search for a good home later this year to buy.
yah they get rewarded stocks
Redfin is the company that convinced me to delve back into the stock market and buy individual stocks back around August of 2019. Perfect timing too because I was set up perfectly to take full advantage of the market dip this past April. Sadly, I sold out of my Redfin position in December to buy into Tesla. I definitely plan to buy back in some time in the near term-- all in if there is a real estate crash.
I don't think their going to make this construction deal work... I'm around the Houston market and it's hell to get the same contractor to do more than one job. After one your on to the next one.
Very nice sales pitch Kevin!
I wanted to buy Redfin back in March when it plummeted down to 11 bucks.....have been kicking myself ever since waiting for it to dip again. It just keeps going up. DAMMIT!
You can buy it now at 11 again
@@hlh08 Ha, IKR?!!
What does Redfin’s commission plan for agents look like?
Your investments strategy must involve diversification, while it may be tempting do not put all your eggs in one basket. Every experienced investor hedges or protects his/her risk by investing bin multiple assets. I am grateful to my broker Kyle Holt Karens for providing her services and sharing her vast knowledge of the financial market so that at home traders like me can make decent profits.
A lot of Good reviews about this particular broker on CNBC news the other day please does she take new traders or is she exclusive to few.
No she’s not exclusive, Kyle is a regulated broker and as such she is available to the public get to her directly on telegrm; @ Experttardeinc
Please can you educate me about how this specific niche works.
Kyle Holt Karens is really something else ever since i met her at the start of the year i have recorded almost $253,000 gain, anyone can shoot her a mail through her website just search her name onlīne to get on her legit websìte.
I have been working with Mrs Holt Karens for a long time and she made me the great woman that I am today, gained a lot of confidence in myself this year ....I make money money everyday.
kevin, can you do some analysis on the $RKT rocket mortgage. Thanks
Look at my stock playlist like eight or nine videos back. I think it was something like four or five cheap stocks to buy now
@@MeetKevin thanks a lot man. Appreciate all the work you do
DPHC, GMHI, IPOB, and SPAQ should be things you look into.
Hi Kevin , can you do one of these on Upwork? Promise I’ll watch all your vids :)
Return on equity -20.30% you taking Redfin leads?
Omg Kevin. Look at your prediction now
Hey MeetKevin, have you heard of Basanite Inc (BASA)? would be cool to see what you think of this company. Cheers
Lol bro...I lost 100 in redfin and it hurts. I can't imagine how you feel
If i am not a redfin agent, can others see what the client is doing?
The National REO Services and Property Property Preservation companies outsource a lot of renovations and clean-up jobs to small contractors on their vendor lists. Which companies if any do you think will lead the way in the next big wave of foreclosures? Will Redfin start up an REO services/Property Preservation department? Or maybe they even have one already.
Hey meet kevin im thinking about getting my real estate license in the northern side of chicago do you recommend exp realty?
Hey Kevin, how about Workhorse stock ? 😏I think this one can make you more views. USPS contract 🤑
I'm curious if Redfin is a paid advertiser of your channel or for this post.
Nope
came from the snowflake video. Your collar is better here
Is it too late to place calls on RDFN?
Then is Zillow.com and Realtor.com not direct competition to Redfin?
Thank you 🙏🙏🙏
Redfin has already grown like 170% do you think they will still grow greater or do you think you missed the ride and they already peaked?
You pretty much can't go wrong Investing in profitable tech companies right now.
@@Jspath3 you can if the wave has peaked for that company, in my opinion.
@@williamhawkins5906 bingo. You are right!
What will their fate be in the coming year, say, 2025? Bankrupt or will they reconfigure their business schematic????
🎰