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Rocket Companies announces deal to acquire Redfin for $1.75 billion

Housing Wire

Today, Rocket Companies announced it has entered into an agreement to purchase digital real estate brokerage Redfin in an all-stock transaction valued at $1.75 The deal, which has been approved by the boards of directors of both Rocket Companies and Redfin, is expected to close in the second or third quarter of 2025. billion in equity.

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TCPA changes requiring permission for robocalls start next week

Housing Wire

Agents are still allowed to send marketing calls and texts without prior consent, as long as they are not using a random or sequential number generator (ATDS) or pre-recordings and artificial messages. Agents and brokerages who do not comply with the new rule are opening themselves up to liability and potential lawsuits.

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New objection to NAR settlement targets business practice changes, plaintiffs’ attorneys fees

Housing Wire

District Court in Kansas City — less than a month before the NAR settlement is slated for its final approval hearing — Monestier took issue with the business practice changes, saying they don’t do enough to protect consumers. In a document filed on Monday in U.S. The objection is 132 pages in length. Following the Aug.

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Roof AI powers its sales assistant with OpenAI technology

Housing Wire

This is designed to keep user engaged on brokerage sites, foster trust and enhance their overall experience. For specific questions such as ‘What’s the difference between pre-approval and a prequalification?’ “For For specific questions such as ‘What’s the difference between pre-approval and a prequalification?’,

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Keller Williams and Kaplan launch real estate school

Housing Wire

Franchise real estate brokerage Keller Williams announced Tuesday that it is partnering with educational and test prep services platform Kaplan to create the KW School of Real Estate (KSCORE). While Kaplan has had their own program for years now, this is the first time they have partnered with a real estate brokerage.

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How to get a real estate license in Texas

Housing Wire

Texas residents interested in becoming a real estate agent must first complete 180 hours of approved coursework to be eligible to sit the state licensure exam. That’s a longer program than in most states. We estimate that it’ll take three to six months to get up and running as a licensed real estate agent in the Lone Star State.

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Ex-Zillow execs promise revolution in lending

Housing Wire

To provide that competitive edge, Tomo claims to issue mortgage pre-approvals within hours – not days – and cut closing times to 21 days (the industry average is 47 days). history, follows a pre-seed round of $40 million. But this is no ordinary mortgage startup. billion following a merger and acquisition later this year.

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