During a Feb. 26 call with investors, Compass CEO Robert Reffkin took shots at Zillow and MLSs — and detailed an unexpected partnership with Redfin.
The mortgage giant ended the year strong with two major acquisitions and loan volumes at a 3-year high. “We're hitting every key milestone,” the CEO said.
Rocket agreed to begin immediately displaying the brokerage’s “Coming Soon” listings on Redfin — reversing Redfin’s earlier pledge to bar such listings.
The average weekly rate dipped below 6% for the first time in more than three years — a threshold that could unlock buyers (and sellers) this spring.
The firm is currently incorporated in Delaware, but CEO Glenn Sanford said Texas is “better suited” to its needs.