Zillow & Redfin: Rental Listings Antitrust Suit?
Zillow and Redfin face a lawsuit over their rental listings partnership, accused of anticompetitive practices and raising prices for property managers and renters. FTC also filed claim.
Rocket’s Expansion: Acquires Mr. Cooper & Redfin, Dominates Mortgage Market
Rocket expands its mortgage dominance by acquiring Mr. Cooper and Redfin. This move strengthens its market share and offers new opportunities for customer acquisition and homeownership access.
Real Estate Tech News: Innovations & Partnerships Driving the Property Sector
Latest real estate tech news: Clear Funding's PropertyNova DAAS, Virtuo's HomieAI assistant, EquityProtect's fraud prevention, and Redfin's Magnite-powered ad platform are transforming the property sector.
Real Estate Shifts: Staying Informed in a Changing Market
Keep pace with real estate shifts like leadership changes (Warren Buffett), Redfin's impact, and market performance. Stay informed to guide clients and adapt to competition. Changes signify new tech, support or stress.
Rocket’s Acquisition Spree: Redfin & Mr. Cooper
Rocket acquired Redfin & Mr. Cooper, expanding its mortgage reach. These deals aim to enhance services, fuel AI with data, and improve customer experience, creating a comprehensive ecosystem.
Redfin’s Revenue, Zillow Deal & Rocket Acquisition
Redfin reports loyalty transaction increase, agent growth, Zillow partnership for rental listings ($100M), and pending Rocket acquisition. Revenue and deals saw a decrease.
Redfin deal helps Rocket get in front of buyers sooner
For agents to succeed in that environment, Gehrke said it will be critical for them to embrace tools that free up their time so they can focus on their strengths: Serving as a knowledgeable local resource who can provide insight into the home, neighborhood and city.