RentPath has about half of its 700 employees in metro Atlanta. A Redfin spokeswoman said there are no plans to move those employees.
RentPath last year had reached a $588 million agreement to sell itself to the Co-Star Group, but that fell through in December when regulators balked. The Federal Trade Commission moved to block the deal because both companies were essentially in the same market, that is, rentals.
This deal too needs FTC sign-off, a Redfin spokeswoman said. Because RentPath has been in the midst of a court-approved restructuring, the acquisition will also need the assent of a bankruptcy court.