Recent changes to Move, Inc. agreement with the National Association of REALTORS included NAR’s consent for Move to syndicate listings. To address this new avenue, Move has acquired the listings syndication platform ListHub.
The acquisition of Threewide Corp., ListHub’s parent company, cost Move US$13 million. Threewide says ListHub products and services include syndication of 2.4 million property listings from over 270 MLSs and 38,000 brokers to more than 70 real estate marketing websites, which include trulia.com, realestate.yahoo.com, and zillow.com among others.
“By acquiring Threewide and elevating the ListHub brand to a primary product offering at Move, we’ll combine Move’s core competencies of listing aggregation, relationship management and the delivery of effective marketing services with ListHub’s leadership in national syndication and market intelligence,” said Move CEO Steve Berkowitz.
Note: Trulia just posted its response to the ListHub acquisition, view it here.