Redfin CEO Says If Mortgages Don’t Fall, Plan B Is To ‘Drink Own Urine Or Competitors Blood’

Redfin CEO Says If Mortgages Don’t Fall, Plan B Is To ‘Drink Own Urine Or Competitors Blood’

Longtime Redfin CEO Glenn Kelman said in the latest company Q2 earnings call with analysts that if mortgage rates don’t keep falling, Redfin’s “Plan B is to drink our own urine or our competitors’ blood, stay in the foxhole.” Redfin’s revenues for the quarter ended June 30 beat analyst estimates, jumping 7% year-over-year (YoY) to … Read more