Kelman said it was a tough decision to sell, but one that ultimately will empower the company to better compete with portal giants like Zillow, Realtor.com and Homes.com
This acquisition will integrate Redfin's home search platform, which features over 1M listings and a network of 2,200 agents, with Rocket Companies' mortgage origination and servicing
In a memo to employees, Redfin CEO Glenn Kelman said the 15-year veteran of the company will serve as an advisor after his final day on Sept. 8. Redfin has no plan to fill the vacated position
Buyers are torn between acting before rates climb or avoiding all-time high prices as sellers look to act quickly, Redfin CEO Glenn Kelman said on CNBC earlier this week
The Redfin CEO noted in recent blog posts that the market fluctuates day-to-day, but overall, he's seen a drop in buyer and seller demand since the beginning of March
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