Redfin(RDFN) - 2023 Q4 - Earnings Call Transcript

Hey, good afternoon, everyone. Just staying on mortgage for a second, I'm surprised at the level of revenue decline you're forecasting given you expect real estate services to show at least a small gain. Maybe talk about the disconnect between those two. Chris Nielsen Sure. Well, I do think it's possible that we generate more revenue in the mortgage business. So that's one potential outcome here. Another thing just to remember is that there's a little bit of a timing difference in the recognition of revenue ...