“Today, we are doubling down on that commitment. In that time, we have been proud to use our expertise to create initiatives that support the city’s homeowners,” says Jay Farner, CEO of Rocket Cos. “Detroit has been home to Rocket Mortgage for more than a decade. ![]() The new initiative includes $2,500 in lender credits when purchasing a primary resident in Detroit, along with resources for residents who are underbanked or can benefit from credit counseling and homebuyer education. In Related News: Rocket Mortgage announced a full suite of programs to help Detroit residents interested in buying a home in the city, regardless of where they are in the home buying journey. “Whether a client is looking to sell their house on their own, get assistance from an on-staff Rocket Homes agent or meet face-to-face with our trusted local real estate professionals, we will have unique options and resources to help every client move through the process in a way that is fully customized to them,” says Seabolt. Another pre-search tool for buyers is the company’s proprietary credit monitoring tools, which allow buyers to be sure they can afford the house they want. Rocket Homes Housing Market Reports will be a consumer tool that provides insight on and trend information on specific neighborhoods in a clear, easy-to-understand format. It also enables the agent to adjust the loan amount on the approval letter within a set range to help clients win bids. Home buyers will be able to use the company’s home listing sites, or be referred to a Verified Partner Agent, who can leverage Rocket Pro Insight service, which allows agents to upload documents on behalf of the buyer, ensuring the process keeps moving. This program eliminated uncertainty in this area. Consumer often need to sell their current house before buying another, meaning the next house is contingent on them closing their sale. ![]() The iBuyer program, facilitated through third-party companies, will ensure every owner receives a guaranteed offer on their house. ![]() This option is available for seller who want a hands-on and in-person experience, opposed to forgoing an agent altogether using the service, or receiving traditional agent support. Rocket Homes Verified Partner Agent Network of trusted and vetted professional who consistently receive top ratings from their clients and are experts in their local area. The commission for this program is 1.5 percent, compared to the traditional three percent fee. This option will open to the public in the fourth quarter of 2021. Sellers can work with on-staff real estate agents for advising on the best listing price, facilitating professional photos, listing the house on the local multiple listing service, negotiate offers, and handle all paperwork. Rocket Home Seller Solutions will bring home sellers the ability to select the right experience for their needs and goals. “At Rocket Homes, we are laser-focused on using technology and innovation to create a fully customized and transparent experience that is stress-free and fully integrated - working seamlessly with sister companies to simplify and speed-up the process, all while saving our clients’ money.” In Q3 2021, Rocket Homes’ agent referral network drove $2.3 billion real estate transaction value, representing the value of homes purchased and sold through its real estate agent network on 9,100 real estate transactions.“There is nothing more exciting than getting the keys to a new home, but far too often the process of getting to that point is confusing and fragmented,” says Doug Seabolt, CEO of Rocket Mortgage.The number of visitors to Rocket Homes’ search site, reached nearly 2 million average unique monthly visitors, increasing six-fold in Q2 2021 as compared to Q2 2020.In 2020, Rocket Homes launched its home search app that includes credit monitoring and detailed market-specific data.This information is displayed in a clear, easy-to-understand format, providing the real-time, actionable insights that homebuyers need to make immediate and educated decisions. ![]() Rocket Homes Housing Market Reports provide insights and trend information on neighborhoods, displaying whether it is a buyer’s or seller’s market, the average number of days a home is listed in the area, the median home price and much more. Beyond finding houses on and its mobile apps, RocketHome’s website supplies Americans with easy-to-consume market intelligence, helping ensure they make informed decisions.
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