Rocket Companies announced Monday its plans to acquire Redfin in an all-stock transaction valued at $1.75 billion in equity. This acquisition will integrate Redfin’s home search platform, which features over 1 million listings and a network of 2,200 agents, with Rocket Companies’ mortgage origination and servicing capabilities.
Category: acquisitions
Mergers and acquisitions likely to dominate real estate in 2025
Years of market sluggishness and aggressive expansion by big corporations mean big deals of the past were likely a prelude to more acquisitions in 2025, Intel survey results and interviews suggest.
Final Offer buys North American operations of Openn Negotiation
The acquisition will allow Final Offer, a platform for managing and negotiating offers, to provide a “transparent and straightforward experience when buying and selling a home,” executives said.