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Rocket Companies has announced that it has entered into an agreement to purchase digital real estate brokerage Redfin in an all-stock transaction for a value $1.75 Founded in 2004, Redfin operates a home search platform with more than one million for-sale and rental listings and a tech-powered brokerage of more than 2,200 agents.
billion deal to acquire resi brokerage and portal Redfin in Q2 or Q3 2025. When these clients are then connected with the best agents and the best loanofficers, it creates a virtuous cycle. Rocket Companies hopes to close a $1.75 billion deal for Redfin. What consumer wouldn’t be tempted?
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