The brokerage and portal leader announced his departure on LinkedIn, noting that he hoped “to do something as good as Redfin, in a different field.”
Meghan Roos2 mins
Glenn Kelman is leaving his post as CEO of Redfin — a position he has held for more than two decades.
Rocket Companies CEO Varun Krishna will take over as interim CEO while the search begins for Kelman's permanent replacement.
'I gave it my all'
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Kelman announced the move, which he said "was my decision," in a Jan. 13 post on LinkedIn.
"After 20 years, I'm leaving Redfin. I gave it my all!" he wrote.
"I love my colleagues. We saved consumers a billion dollars in commissions. I hope to use all that I learned to do something as good as Redfin, in a different field."
Kelman's post expressed gratitude toward Rocket Companies CEO Varun Krishna, who has helped Redfin "play to win," he wrote. Redfin became part of the Rocket Companies behemoth in March 2025 when Rocket acquired the brokerage and portal for $1.75 billion.
"I'm grateful to Redfin customers," Kelman's post continued. "In our early days, you took a chance on us when most buyers and sellers of homes won't take any chances at all. And to Redfin supporters everywhere, thank you for embracing a company that marched to the beat of its own drum."
Kelman a 'true industry disruptor'
In a LinkedIn post of his own, Krishna described the news as "bittersweet" and said he and Kelman "will always be friends."
Kelman is a "true industry disruptor," Krishna wrote, noting that the former CEO transformed Redfin into a "publicly traded real estate titan" that "saved thousands of homeowners money and made the American Dream more accessible."
"I admired Glenn from afar for years as he scaled Redfin and led it through IPO. Then, after the acquisition, I got to see up close the company and culture he built," Krishna wrote. "At the core of everything he's accomplished is a genuine love for his people, his company and his mission. That's what makes Glenn special."
Real Estate News has reached out to Redfin and Rocket for comment.
This is a breaking story and will be updated with additional information and context.
