Redfin’s CEO since 2005, Kelman has navigated a challenging year for the nation’s sixth largest brokerage, as it makes a big push for profitability. The company successfully integrated its relatively new rental network, RentPath, into its business in 2023 with $136 million in revenue through the first three quarters, but, overall reported a net loss of $103 million in that period. In 2023, the company introduced pilot agent compensation plans that mirror traditional plans and announced it would operate more as a marketplace.