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Rocket to Purchase Redfin for $1.75B

Appraisal Buzz

Rocket will match homebuyers with the best real estate agents and the best loan officers across the combined companies. Drive purchase mortgage growth: The transaction will generate significant revenue synergies across search, real estate brokerage, mortgage origination, title and servicing.

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Rocket is acquiring Redfin’s huge flow of purchase leads. Can the mortgage giant convert them?

Housing Wire

. “These are highly valuable buyers and sellers with a strong intent to transact. When these clients are then connected with the best agents and the best loan officers, it creates a virtuous cycle. Redfins 2,200 lead agents and 5,000 partner agents are among the very best in the industry.

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