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Rocket Companies announces deal to acquire Redfin for $1.75 billion

Housing Wire

Today, Rocket Companies announced it has entered into an agreement to purchase digital real estate brokerage Redfin in an all-stock transaction valued at $1.75 The deal, which has been approved by the boards of directors of both Rocket Companies and Redfin, is expected to close in the second or third quarter of 2025.

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MLSs turn to AI to catch commission lawsuit settlement violations

Housing Wire

MLSs are using AI technology to catch agents who attempt to circumvent the commission lawsuit settlement terms. It also requires MLS members to disclose agreements with prospective buyers that outline commission expectations before showing them a home for sale. But now it’s a dirty word.

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Thinking of joining a real estate team? Here’s everything you should know

Housing Wire

Fleet Homes Real Estate Team – Keller Williams Real estate teams are comprised of real estate agents and other professionals working together towards one common goal to close deals. Depending on the team’s structure, agents can work closely together or independently. Teams are led by a team leader.

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Flyhomes acquires Home Sale Assured

Housing Wire

Proptech firm Flyhomes has entered into an agreement to purchase Innovative Holdings, LLC’s “buy before you sell” platform Home Sale Assured. In the acquisition, Flyhomes will be acquiring the Home Sale Assured brand and Meadow will join Flyhomes as VP of partnerships. The terms of the deal were not disclosed.

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NFT mania and the future of the home sale

Housing Wire

Worldwide sales of non-fungible tokens, better known – of course – as NFTs, catapulted from $94.9 For example, purchasing an NFT of a JPEG of a painting transfers the intellectual property rights of the painting. But Ethereum was the first with a blockchain that enabled NFT sales. That’s when a 70-year-old brick home in the St.

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Commission lawsuit plaintiff Sitzer launches flat fee real estate startup

Housing Wire

In an interview with TechCrunch , which first broke the news of Landian’s debut, Sitzer said his frustration with having to pay a 3% commission to a buyer’s agent on the sale of his Kansas City home in 2017, which his shared with his neighbor, who happened to be a lawyer familiar with the subject matter, prompted the lawsuit.

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Opinion: How the title industry protects homeowners

Housing Wire

Expanding acess to digital closings At the beginning of the pandemic , as our industry was deemed essential, we saw a need to increase access to digital home closings. Elderly homeowners are particularly at risk, as they may have trouble understanding the long-term financial implications of these agreements.

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