Rocket Mortgage is acqiring Redfin. You read that correctly
Rocket Mortgage is acqiring Redfin. You read that correctly
Rocket to acquire Redfin
Rocket is buying Redfin in a $1.75 billion deal, the companies announced Monday.
Rocket is the parent company of Rocket Mortgage and other real estate-related businesses. Its acquisition of Redfin was described as an all stock transaction.
“Rocket and Redfin have a unified vision of a better way to buy and sell homes,” Varun Krishna, CEO of Rocket Companies, said in a news release. “Together, we will improve the experience by connecting traditionally disparate steps of the search and financing process with leading technology that removes friction, reduces costs and increases value to American homebuyers.”
“Rocket and Redfin’s approaches to lending and brokerage service have always been two halves of one vision to make the whole home-buying process magical,” Kelman said. “We want a customer to be able to check her phone to find out what she can afford, see which homes are just right for her, schedule a tour with a local, expert Redfin agent, and get pre-qualified for a loan, all in a matter of minutes. Varun and I see how much better real estate could be when AI guides customers not just through that first step in their search, but all the way home, through the sale, the loan and then a lifetime of accumulating equity and wealth.”
The deal is expected to close later this year.
Peace be with you
Redfin is well known for providing 50% broker refunds, but did you know Ford Realty gives 60% broker refunds.
0ur 2% broker fees to sell a Back Bay condo includes:
- Listed on Zillow
- Listed on Homes.com
- Listed on Realtor.com
- Ranked high on Google for the term Back Bay Condos.
- Only a two week signed contract required.
- Listed on MLS, if requested
- Sunday Open Houses
- YouTube videos
- And much more…..for only 2%
- Call Ford Realty Cell/Text at 617-595-3712
Updated: Boston Real Estate Blog 2025
Byline – John Ford Boston Beacon Hill/Back Bay Condo Broker 137 Charles St. Boston, MA 02114
Ford Realty Inc., Charles Street, Beacon Hill
Click Here to view: Google Ford Realty Inc Reviews
Huge Buyer Rebates
Purchase a Boston Seaport condo from Ford Realty and we will provide you with over 50% back on our portion of the broker fee at closing
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