Zillow Acquisition to Assist in Growth of Online Presence – NMP Skip to main content

Zillow Acquisition to Assist in Growth of Online Presence

NationalMortgageProfessional.com
Nov 03, 2011

Zillow Inc. has announced the acquisition of Diverse Solutions, an Irvine, Calif.-based company that helps real estate agents market their businesses and improve their personal Web sites, for approximately $7.8 million in cash and stock. Diverse Solutions' software services include providing listings content and property search functionality for Web and mobile platforms. Founded in 2005, Diverse Solutions has more than 6,000 unique customers, consisting primarily of local real estate agents, and 18 employees. Diverse Solutions will continue to operate its branded services for its customers. Diverse Solutions Founder and CEO Justin LaJoie has assumed the position of vice president of industry solutions at Zillow and will report to Spencer Rascoff, Zillow's chief executive officer. "We're very impressed by the products and team that Diverse Solutions has assembled, and we look forward to offering agents these new solutions for powering their Web sites and marketing strategies," said Rascoff. "With this acquisition, Zillow now can offer agents a broad suite of valuable tools to market themselves across the Web and mobile—whether on their own Web sites via Diverse Solutions, on Zillow, or across multiple sites via our listings distribution service, Postlets."
Published
Nov 03, 2011
More from
Tech
Banks And Investors Stake Claim To Their Domain

December 22, 2021, Valencia’s fully digital auction house will auction off .finance and .financial domain names.

Tech
Dec 02, 2021
Why Short-Term Closing Fixes May Be Holding Lenders Back

2020 became a record year for eClosing and eNote adoption

Tech
Dec 01, 2021
Servion Taps Sagent For Consumer-First Servicing Tech Stack

A 7-year deal between Servion Mortgage and Sagent will equip Servion with Sagent's tech stack for performing, non-performing, and consumer experience.

Tech
Nov 29, 2021
OptiFunder Secures $25 Million In Capital

OptiFunder, a warehouse management system provider for mortgage originators, raised $25 million in additional capital lead by Arthur Ventures, a growth capital firm focused on high-growth, founder-led and capital efficient B2B software companies.

Tech
Nov 23, 2021
Guaranteed Rate Adds New Chief Product And Technology Officer

Guaranteed Rate named Dr. Ramesh Sarukkai as the company’s new chief product and technology officer.

Industry News
Nov 22, 2021
Fintech Mortgage Proven To Reduce Racial Bias In Lending

Technology-based Fintech mortgage may be the answer to reducing, and ultimately eliminating, racial bias and discrimination in lending.

Analysis and Data
Nov 19, 2021