By providing its agents with a technology platform, Redfin (NASDAQ: RDFN) has found success in the competitive real estate brokerage industry. Chris Nielsen, the chief financial officer, provided an upbeat tone during the Q3 2023 earnings call: "We believe our Q3 results and Q4 outlook demonstrate our ability to manage the business along the path to profitability in spite of the challenging market," he said. No matter how innovative Redfin is and how much money it can save homeowners, the Federal Reserve's interest rate increases to damp inflation have a critical impact on the company's performance.