Redfin reports falling revenue, higher losses in Q1 2025
Redfin did not host an earnings call ahead of its pending acquisition by Rocket Companies, a move CEO Glenn Kelman said the firm is excited for.
Mergers and Acquisitions
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Mat Ishbia’s unfiltered thoughts on the Rocket-Mr. Cooper deal
What does UWM’s Mat Ishbia think about Rocket Companies’ pending $9.4 billion deal for Mr. Cooper? “It’s fantastic,” he said.
Inside Real Estate acquires AI property search firm ListAssist
Utah-based Inside Real Estate has acquired ListAssist, which provides artificial intelligence (AI)-powered search and marketing technology that’s designed to enhance the property search experience.
Compass in negotiations to buy HomeServices of America
The news was reported Thursday afternoon by The Wall Street Journal. The outlet cited unnamed sources and said that a deal “could come together soon, if talks don’t hit any last-minute snags.”
Jason Mitchell Group announces merger with Arkansas-based iRealty
The Arizona-based brokerage announced Monday that it has merged with iRealty, a brokerage in Arkansas that boasts almost 200 agents and roughly 1,400 transaction sides per year.
Jet HomeLoans acquires Cherry Creek’s securitization, servicing operations
The deal, which closed on March 4, should provide Jet HomeLoans with greater secondary execution it can use to help homebuyers with affordability.
Keller Williams might spark a trend of brokerages to tap private equity
It’s fair to ask if Stone Point Capital’s investment in Keller Williams is the first of other private equity infusions in real estate brokerages.
M&A: Run your business like it’s for sale, so it never has to be
Managing M&A Integration for mortgage companies is like being a wedding planner for arranged marriages. Not everyone is happy to be at this party, but I’ll be damned if they aren’t 1. impressed with the aesthetic and 2. dancing and laughing by the end of the night.
RedKey Realty Leaders expand in St. Louis with addition of Circa Properties
RedKey Realty Leaders is expanding in St. Louis by merging with Circa Properties, growing the firm’s agent count to more than 230.
Newrez president Baron Silverstein on client retention and third-party servicing
In this week’s PowerHouse episode, Newrez President Baron Silverstein dives into his company’s recent acquisitions and its growth strategy.