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Redfin Is "Under Contract"

In This Article:

In this podcast, Motley Fool analyst Tim Beyers and host Dylan Lewis discuss:

  • Rocket Companies' plans to own even more of the homebuying process with an all-stock purchase of Redfin.

  • ServiceNow's step into agentic AI and Salesforce's turf with its planned $2.8 billion purchase of Moveworks.

Vail Resorts kicked off the winter season with some rough conditions despite having snowy slopes. Motley Fool analyst Anthony Schiavone joins host Mary Long to check in on the ski resort owner.

To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center. To get started investing, check out our beginner's guide to investing in stocks. When you're ready to invest, check out this top 10 list of stocks to buy.

A full transcript follows the video.

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This video was recorded on March 10, 2025

Dylan Lewis: Who knew Redfin had the for sale sign up? Motley Fool Money, starts now. I'm Dylan Lewis and I'm joined over the airwaves by Motley Fool analyst Tim Beyers. Tim, thanks for joining me.

Tim Beyers: Fully caffeinated, ready to go, Dylan.

Dylan Lewis: I'm glad. We have so much to talk about. It is a merger Monday in the truest sense. Tim, I feel like I'm on CNBC. Deals to kick off the fresh week. Real estate platform, Redfin, apparently on the market this whole time. We had no idea. Financial Services Company, Rocket Companies owner of Rocket Mortgage, will be buying Redfin for what was initially announced as an all stock $1.75 billion deal. Tim, you're surprised to see this one?

Tim Beyers: I'm very surprised. I'm also mourning it a little bit, because even though I get the deal and I get the rationale for the deal, Glenn Kelman, as the CEO of Redfin, has been one of my favorite fool CEO. Really since I've been covering stocks, I love his transparency, I love his honesty, I love his earnestness. He's not a founder, but he acts like a founder. If Kelman is willing to make this deal happen, he must really believe in it. That gives me some confidence that there's the right thing here, even though structurally, I don't know that this is going to be as amazing for investors as I certainly would like it to be because it's an all stock deal, we could talk about that.