#redfin-acquisition

#redfin-acquisition

Glenn Kelman announced on January 13, 2026, that he is stepping down as CEO of Redfin after leading the company for 20 years. His departure follows the $1.75 billion acquisition of Redfin by Rocket Companies, which was finalized in July 2025. Kelman's last official day in the office is Friday, January 16, 2026. Kelman will remain available in an advisory capacity through April 1, 2026, to support the transition.

Following the Redfin acquisition, we carefully reviewed our combined structure, identified overlapping roles and made the difficult decision to streamline teams, a spokesperson wrote.