Big News Came Out This Week!
Compass International Holdings (CIH) the parent company of the CENTURY21 brand. The immediate benefit for both CENTURY21 agents and their buyer clients is that Rocket Mortgage is going to provide a discount to buyers working with CIH Agents, including CENTURY21 agents. Buyers can choose either 1% off their interest rate for the 1st year of their mortgage or a lender credit toward closing costs of .75% (capped at $6,000).
Buyers working with us will have no obligation to use any particular lender and, as always, we will guide our buyer clients to seek out the best loan product and service for their situation. This benefit may ease some of the financial burden for new homeowners. The savings would likely make homeownership more affordable for many either by cutting down on their out of pocket expense or trimming their mortgage payments in year leaving more cushion to pay for maintenance and upgrades!
I suggest potential 2026 home buyers should not start house shopping without checking in with a CENTURY21 agent to learn how this new partnership may help them save money.
The other major component of the partnership will be Rocket displaying Coming Soon and Private Exclusive listings from the CIH brands on their Redfin listing portal website. Those properties would not appear on Zillow.com. This is a longer term rollout for some of the brands and the scope of the impact on the market may be determined in part on different MLS’s policies on coming soon and private exclusive listings and the number of sellers who prefer to utilize one of those strategies in how their agent markets their property.