The agreement, which the companies described as a strategic alliance, will last three years.

Compass will share select off-MLS listings with Redfin under a new three-year agreement that could alter how some properties are marketed.

Compass will allow its property listings that have yet to hit the broader market to appear immediately on fellow real estate brokerage Redfin’s portal, part of three-year agreement announced Thursday.

Rocket and Compass announce 3-year partnership adding 500K+ listings to Redfin with mortgage incentives. RKT stock climbs 8.3% on the news.

Rocket Pro adds Pro Purchase Power, offering 40 bps more with Compass buyer agents, and launches Jupiter loan origination system.

New Compass program pays listing agents a 10% fee for referring buyer inquiries from their listings to colleagues.