Redfin to stop making instant offers on homes amid coronavirus; Zillow continues

Seattle-based real estate brokerage Redfin is temporarily pausing making instant offers on homes through its direct homebuying platform, the company said this week.

CEO Glenn Kelman said in a statement emailed to the Puget Sound Business Journal that Redfin expects to begin making instant offers again “soon, but only when the market becomes more predictable.” As entire cities shut down commerce amid the spread of COVID-19, Kelman said he’s pausing RedfinNow instant offers because no one can…