Carey Armstrong

In this insightful discussion, Carey Armstrong, a real estate industry expert with a background at Zillow and Tomo, delves into Redfin's acquisition by Rocket and its implications. The conversation uncovers Redfin's innovative employee-agent model and the struggles it faced with profitability. They analyze the competitive landscape between Redfin and Zillow, highlighting contrasting strategies and market perceptions. The talk also explores the challenges of real estate financing and the complexities of consumer behavior in this evolving industry.