Detroit's Rocket Companies said Monday it is buying the real estate listing platform Redfin in a deal valued at $1.75 billion. The all-stock deal, expected to close within about six months, would ...

All Redfin agents will now earn big commission splits with zero expenses as the brokerage builds upon strong business and recruiting results “We’re fully committing to Redfin Next because it has ...

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Redfin announced today it is expanding the Redfin Next agent compensation plan to seven additional markets: Chicago, Connecticut, Dallas, Miami, New York, ...

Redfin is expanding its Redfin Next agent payment plan into 25 new markets starting in August 2024. In an announcement on Friday, Redfin said that the payment plan would be rolling out Aug. 11 in the ...

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — The average buyer’s agent commission was 2.40% for homes sold in the first quarter, according to a new report from Redfin (www.redfin.com), the ...

In a bid to accelerate its market share in home purchase lending, Rocket Companies Inc. plans to acquire online real estate brokerage Redfin Corp. in a $1.75 billion all-stock deal announced Monday ...

Rocket Companies has begun to reshape Rocket Homes, its real estate subsidiary, following the closing of its acquisition of Redfin. The changes include sunsetting Rocket Homes’ search portal, ...

Redfin laid off employees on Wednesday, GeekWire has learned. The Seattle-based company confirmed the cuts and said that fewer than 100 people were impacted. The layoffs affected Redfin’s Concierge ...

Mortgage giant Rocket Companies—the parent company of Rocket Mortgage, formerly known as Quicken Loans—announced on Monday it has entered into an agreement to buy Redfin in an all-stock transaction ...

Redfin has agreed to pay $9.25 million to settle federal lawsuits that claim U.S. homeowners were saddled with artificially inflated broker commissions when they sold their home as a result of ...

Buyer’s agents earned an average of 2.4% in commission in the first quarter—up slightly from when the new NAR rules took effect in August, but down slightly from a year earlier The report is based on ...