The U.S. PropTech operator OJO Labs has announced that it has acquired The LEAD Syndicate, a provider of teach solutions for agents. The financial terms of the deal were not disclosed.
The deal is expected to be the launchpad for the Austin, Texas firm to launch a new all-in-one platform and a rebranded solution around its real estate marketplace business, Movoto.
OJO President, Chris Heller told US industry publication Inman that the new platform, which will be named 'Lever by Movoto' would be aimed at individual agents who aren’t on an agency team but who aren't beginners either. Lever will incorporate the lead generation, marketing, transaction and database management solutions that were operated by The Lead Syndicate as well as a raft of other agent-facing products already offered by OJO Labs.
OJO Labs acquired the U.S. challenger portal Movoto in 2020. Movoto competes with the likes of Zillow, Realtor.com and Homes.com in both residential sales and rentals.
This week's roundup of real estate marketplace comings and goings features executives on the move in Canada, Germany and India......
Read More
Rocket Companies has announced a $9.4 billion all-share deal to acquire Mr. Cooper, the largest mortgage servicer in the United...
Read More
Germany-based marketplace operator Scout24 has continued its expansion into real estate data with the acquisition of Austrian proptech firm ImmoUnited....
Read More
There have been several high profile C-suite moves in this week's People Roundup. We'll start in Europe... Europe: Aviv...
Read More
