Zillow Group, which has many online real estate sites such as Zillow, Trullia, and StreetEasy, provides a new Home Feed, which provides a property management platform and marketing tools used by architectural companies to post and sell properties on the website.Is acquired.The transaction conditions have not been revealed.
From the fact that new housing construction companies have already used sites such as Zillow and TRULIA to sell properties, it is meaningful for Zillow to get platforms specializing in newly built properties.According to the two companies, New Home Feed technology is directly integrated into his Zillow platform.
Tony Small, the VP of Zillow Group's emerging marketplace division, says:
The Zillow, established in 2006, became one of the largest online database companies in the United States.The company based in Seattle has been acquiring numerous acquisitions in recent years, and most of the stocks have been held in 2011.Recently, it has been well known that the New York -based rental platform was acquired in February last year for $ 13 million.However, the biggest acquisition project so far was the acquisition of a 2.5 billion dollar exchange of TRULIA, a long -standing rival in 2015.
Nothing has yet been revealed when the integrated product by Zillow and New Home Feed will be available.
[Via VentureBeat] @Venturebeat
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