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Rocket Companies’ Redfin portal will feature 500K exclusive listings from Compass agents.
Rocket & Compass have struck a very intriguing 3-year strategic partnership, which will see the real estate brokerage’s 500K off-MLS listings land on Redfin. Meanwhile, Rocket Mortgage will also provide highly aggressive pricing bundles to benefit Compass buy-side agents.
The announcement has the potential to reshape the real estate-mortgage landscape in the coming years, and calls into question existing mortgage relationships Compass has.
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Amidst a multi-front war w/ NAR, MLSs & Zillow, the famously combative Robert Reffkin has found a very useful ally in Rocket’s Varun Krishna. The strategic alliance will flood the Redfin platform w/ previously unavailable inventory & tighten the integration between search, agents & financing.
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