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Please read and consider the risk factors in our SEC filings together with the content of today's call. In others, we restored commission refunds for customers who signed a buyer's agency agreement. The most significant of these initiatives is Redfin Next, which replaces agents-based salaries with higher commissions.
Our actual results may be materially different than our expectations due to a wide variety of risk factors, which we have identified and listed on this slide, as well as in our earnings release and most recent filings with the Securities and ExchangeCommission, specifically our 2023 annual report on Form 10-K and subsequent 10-Qs.
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