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: Music City
Rocket Homes off the hook as Trump’s CFPB drops lawsuits
RESPA complaint that accused Rocket Homes of favoring real estate agents who steered clients to Rocket Mortgage is dismissed “without prejudice” by CFPB’s new leadership.
Zumper’s Reelz automates short-form social media marketing
Short-form video is perhaps social media’s most powerful message driver, and now Zumper is making it easy for residential property managers and leasing agents to leverage it.
Streaming Now: Get unstuck and build true momentum in 2025
Tune in to Inman Access to get your mindset right. Let Jimmy Burgess help you earn more, achieve more and build the business of your dreams.
Redfin to shed 450 staffers after $100M rental deal with Zillow
On the same day Redfin announced a new partnership to syndicate Zillow rental listings in multifamily buildings, the company said it would eliminate the positions of approximately 450 employees.
The peril and promise of real estate leadership: The Download
Catch up on the drama coming out of Vegas Realtors, then hear from some of the real estate industry’s heaviest hitters on business building, branding and Clear Cooperation.
Better waiving $995 origination fee for repeat mortgage customers
“Better Forever” incentive is not offered on HELOCs, nor to borrowers who apply through third-party platforms like LendingTree, CreditKarma, Bankrate or Nerdwallet.
Potential Trump grants freeze undermines the American dream
The potential economic and market impacts of federal job layoffs and a pending grants freeze could last for generations, Rachael Hite writes.
Concierge Auctions, Luxury Presence form strategic initiative
The deal will provide Concierge Auctions members access to, among other products, Luxury Presence’s advanced website design, hosting, and SEO services. Luxury Presence customers will have the opportunity to promote sales in an auction environment.
Tongo adds tax management partner april
Financial benefits platform Tongo has added a partner in april, which provides a tax management solution for real estate agents.