"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."
"The move marks the end of a two-decade era for the Seattle-based brokerage, which Kelman joined in 2005 shortly after its founding. Kelman noted that Redfin has completed its first phase of integration with Rocket and is now moving into a "much-longer phase" of operating at a greater scale as part of the Rocket ecosystem. Under the new ownership, the platform has begun operating under the brand identity "Redfin Powered by Rocket.""
Glenn Kelman will step down as CEO of Redfin, with his last official day on Friday, January 16, 2026, after twenty years leading the company. The departure follows Rocket Companies' $1.75 billion acquisition of Redfin finalized in July 2025. Varun Krishna, CEO of Rocket Companies, will serve as interim CEO while a permanent successor is sought. Kelman will remain available in an advisory capacity through April 1, 2026, to support the transition and intends to pursue a mission-driven enterprise outside the real estate industry. Redfin has completed its first phase of integration with Rocket and now operates under the brand "Redfin Powered by Rocket" as it scales.
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