Rocket Lays Off 2% of Staff Following Redfin Acquisition
Just a few weeks after acquiring Redfin for $1.75B, Detroit-based Rocket Companies last Friday laid off 2% of its workforce. ...
Tag: Redfin
Canadian Homebuyers Less Interested in U.S. Properties, Redfin Finds
The U.S. provides a convenient market for Canadian buyers seeking a warmer climate, whether as vacation homes or for a ...
Rocket Companies Officially Acquires Redfin
The Rocket Companies’ acquisition of Redfin has officially been finalized as of today, with Redfin now rebranding to Redfin Powered ...
Compass Files for Preliminary Injunction to Immediately Block Zillow Ban
In a major escalation in its battle with Zillow, Compass filed for a preliminary injunction, along with a motion for ...
Compass Sues Zillow for ‘Joint Boycott’; Accuses Redfin and eXp of Co-Conspiracy
The real estate battle continues. Compass has filed a sweeping federal antitrust lawsuit against Zillow, accusing the online listing platform ...
Home-Purchase Cancellations Hit Second-Highest April Rate on Record
Homebuyers are becoming skittish, with economic uncertainty and shifting market dynamics causing more deals to fall through at the last ...
Homes.com Offers Free ‘Boost’ for Agents and Homeowners ‘Blackballed by Zillow’
Private listings banned from Zillow may have a new home. And for some, this home will offer a move-in bonus. ...
COURT REPORT: Batton Expansion Denied by Judge
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around ...
Redfin Under Fire: Investor Sues Over Rocket Acquisition
The Redfin and Rocket $1.7 billion acquisition, expected to close in the next two quarters, just had more drama added ...
Another Brokerage CEO Expresses Support of Private Listing Restrictions
Above, Donny Samson Amidst the hot topic discussions and controversial decisions surrounding private listings, Donny Samson—CEO of Samson Properties—has expressed ...
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