Zillow Acquires Bridge Interactive...
...one step closer to non-REALTORS dictating so much about the housing market!
PRNewswire covers the purchase:
Zillow Group houses a portfolio of the largest real estate and home-related brands on the Web and mobile. The company's brands focus on all stages of the home lifecycle... Zillow Group is committed to empowering consumers with unparalleled data, inspiration and knowledge around homes, and connecting them with the right local professionals to help.
Bridge Interactive provides brokers and {multiple listing services} with robust listing data management capabilities. Brokers and MLSs that use Bridge Interactive are able to help ensure the accuracy and security of their listing data in the myriad places it resides, improve the speed and efficiency of their listing data distribution, bolster their reporting capabilities, and ensure listings are in compliance with local rules and regulations.
"Bridge Interactive has an outstanding team that has pioneered some of the industry's most innovative solutions for helping MLSs and brokers manage their data," said Errol Samuelson, Zillow Group chief industry development officer. "Bridge Interactive's offerings simplify a sometimes tedious process... We're confident out partners will see tremendous value in Bridge Interactive's offerings, and we're excited to help Bridge Interactive expand their platform to drive further..."
Bridge Interactive has achieved its success and outstanding reputation by enabling MLS and broker customers to maintain rigorous control over how and where their listing data is distributed. With Bridge Interactive now part of the Zillow Group portfolio, Zillow Group will have no additional rights to publish broker and MLS listing data and Zillow will have no access to listing data stored on Bridge Interactive's servers, other than for the purpose of operating Bridge Interactive's systems.
Bridge Interactive will remain an independent brand, and current customers will see no immediate changes. Bridge Interactive's employees are now part of Zillow Group and will continue to work out of their office in Atlanta, GA.
Posted in News You Can Use, Team Gale on Aug 03, 2016