Redfin Corporation

for 2021 Earnings Conference Call.

Today's conference is being recorded. At this time, I'd like to turn the conference over to Meg Nunley, Head of Investor Relations. Please go ahead, ma'am.

Thanks, Cody. Good afternoon, and welcome to Redfin's Financial Results Conference Call for the fourth quarter into December 31st, 2021. I'm Meg Nunley, Redfin's Head of Investor Relations. Joining me on the call today is Glenn Kellman, our CEO, and Chris Nielsen, our CFO. You can find the press release on our website at investors.redfin.com. Before we start, note that some of our statements on today's call are forward-looking. We believe our assumptions and expectations related to these forward-looking statements are reasonable, but our actual results may turn out to be materially different. Please read and consider the risk factors in our SEC filings together with the contents of today's call. Any forward-looking statements are based on our assumptions today and we don't undertake to update these statements in light of new information or future events. During this call, the financial metrics will be presented on a GAAP basis and include stock-based compensation as well as depreciation and amortization expenses. In the event we discuss any non-GAAP measures today, we'll post the comparable GAAP measures and a reconciliation on our website. All comparisons made in the course of this call are against the same period in the prior year unless otherwise stated. We'll also be sharing some of Bay Equity's preliminary financial results for 2021. Bay Equity and its auditor have not yet completed their process for auditing the company's 2021 financial statements, so actual results may vary from the estimated preliminary results that we present today. Lastly, we'll be providing a copy of our prepared remarks on our website by the conclusion of today's call, and a full transcript and audio replay will also be available soon after the call. With that, let me turn the call over to Glenn.