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Showcase IDX is a realty tech company concentrated on customer search, marketing and lead generation. With the acquisition, e, Xp Realty prepares to launch a consumer-facing search website. EXp World Holdings, the moms and dad business of the virtual cloud brokerage e, Xp Real estate is acquiring Showcase IDX, a genuine estate tech business concentrated on consumer search, marketing and lead generation.

Glenn Sanford Photo credit: e, Xp World Holdings "We're really impressed by the innovation and skill that Showcase IDX has actually put together, and we anticipate interacting to broaden e, Xp's reach by creating a customer portal for home search, market intelligence and agent marketing," Glenn Sanford, the CEO and creator of e, Xp World Holdings stated, in a declaration.

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It will be completely owned by e, Xp World Holdings, however the companies with remain separate. EXp will continue to operate the business's services for its existing customers, that include a number of top brokerages. The business website takes pride in thousands of clients from brokerages affiliated with Keller Williams, RE/MAX, Realogy-owned brands and others.

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EXp Real estate runs its brokerage on Vir, BELA also, where representatives can collaborate, or participate in professional development training. Scott Lockhart Image credit: Showcase IDX "The Showcase team has always had an objective of helping representatives meaningfully link and engage with online customers, and joining the e, Xp World Holdings household will permit us to speed up that," Lockhart stated, in a statement.

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"This approach puts the home purchaser and seller at the heart of the procedure, assisted by innovative cloud-based tools for representatives and teams that assist supply regularly extraordinary experiences at scale." For  real estate idx , Xp Real estate, the acquisition provides a team with a background in building consumer-facing experiences to ultimately release their own.

EXp Realty is likewise not the very first business to utilize an acquisition to boost their own technology group, towards structure that consumer-facing experience. Keller Williams gotten Smarter Agent, while RE/MAX acquired booj, to construct out their consumer-facing tools.

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