Glenn Kelman is stepping down after more than 20 years of serving as Redfin’s CEO.

“I gave it my all! Leaving was my decision. 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 wrote in a LinkedIn post Tuesday.

His departure comes almost seven months after Rocket Companies, a Detroit-based homeownership platform, bought the Seattle-based real estate giant.

In an email to Redfin employees, which Kelman also posted to LinkedIn, he said Redfin will begin a second, longer phase of integration.

“Approaching that, I had to decide whether to be at Rocket for years … Instead, I want to try finding another mission-driven enterprise outside of real estate.”

His last day is Friday.

The CEO of Rocket Companies, Varun Krishna, will serve as Redfin’s interim CEO starting Tuesday.

In his post, Kelman thanked Krishna for helping Redfin “play to win.”

Kelman will remain in an advisory role until April 1 to help ensure a smooth transition, Rocket Companies said in a statement.

“Glenn pioneered home search as we know it today and transformed a visionary startup into the Redfin we know today,” Rocket said. “He built a company that saved thousands of homeowners money and made the American dream more accessible. We wish Glenn well in his next chapter.”

Rocket Companies will launch an internal and external search for Redfin’s next CEO.

“Rocket Companies leadership is focused on finding a leader who can build on Redfin’s momentum and keep moving toward Rocket and Redfin’s shared mission to help everyone home,” the company said.

The company didn't respond to The Seattle Times' request to interview Kelman.

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