In-House Realty is a Detroit-based, sister company of Quicken Loans (the second largest retail mortgage lender). It purchased Santa Monica-based OpenHouse Reality. Online home search may have been changed forever as a result of this deal. Here’s a statement from the CEO of In-House Realty CEO:
In an effort to eliminate the complexities and stress that can sometimes accompany buying or selling a home, we are focused on combining online home search, obtaining a mortgage and connecting with an agent into a more seamless experience for consumers.
The CEO of OpenHouse Reality said this:
Finding a reputable agent and a great home go hand-in-hand. I am confident that the work , John Kvasnic, OpenHouse Realty’s Chief Product Officer, and his team have done in both arenas will help In-House Realty become the premier destination for those looking to work with the best agents in their community, while also helping them find the home of their dreams. It’s the perfect fit.
The sale is expected to be finalized in the first quarter of 2017.