Rocket Companies has agreed to acquire Redfin in an all-stock deal <www.bloomberg.com/news/articles/2025-03-10/rocket-agrees-1-75-billion-deal-for-real-estate-broker-redfin> that values the real estate listings platform at $1.75 billion. Rocket’s CEO Varun Krishna <www.linkedin.com/in/varun-krishna-30019a22/> wrote on LinkedIn <www.linkedin.com/posts/varun-krishna-30019a22_ive-been-a-huge-fan-of-redfin-since-i-used-activity-7304818810576850945-gh0G?utm_source=share&utm_medium=member_desktop&rcm=ACoAAAB6N0QB5KQs-pOZGsW6G2Q…> that the acquisition will connect Rocket’s mortgage products to the nearly 50 million monthly visitors that browse home listings on Redfin, as well as leverage Redfin’s data in Rocket’s artificial intelligence products. The deal is set to close later this year, with Redfin CEO Glenn Kelman <www.linkedin.com/in/glennkelman/> remaining in his role.
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