RDFN - Redfin vs. Compass: Which Is the Better Real Estate Technologist Stock?
Real estate technology has nabbed a lot of attention amid a booming housing market. Zillow Group (NASDAQ: Z) (NASDAQ: ZG) remains the pioneer and industry leader here, and though it has struggled as of late, Opendoor Technologies (NASDAQ: OPEN) is making the instant cash-offer model a viable solution for homeowners.
Then there's Redfin (NASDAQ: RDFN) , which itself is actually a broker that uses technology to streamline the home buying and selling process. While it has garnered lots of investor praise, it isn't alone in the tech-enhanced brokerage department. Compass (NYSE: COMP) , part of SoftBank Group 's (OTC: SFTBF) tech investment portfolio Vision Fund, went public in March and raised some $450 million in new cash from its IPO. Is Redfin or Compass the better buy right now?
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Redfin vs. Compass: Which Is the Better Real Estate Technologist Stock?