MLS-Backed Zillow Challenger Nestfully Ups its Data Game with Local Logic Integration

January 9, 2024
Share this Post: 

The U.S. real estate portal site Nestfully has announced a partnership with Local Logic, a provider of location intelligence data.

The partnership sees Local Logic's location and demographic data integrated into Nestfully’s platform. The data is already being used on individual listings pages as well as neighbourhood pages designed to rank well in organic search.

Nestfully is the portal site launched early in 2023 by a collection of regional MLSs to compete with the likes of Zillow, Homes.com and Realtor.com.

Portal sites in the United States have been engaged in something of a consumer-facing data arms race in recent years adding flooding, climate, demographic and school data. The data is seen as crucial in the battle for organic traffic with CoStar CEO, Andy Florance claiming that his company has thousands of employees visiting "every park, neighborhood, condo, school in the country" to gather rich data.

By outsourcing the data collection and integration to a company like Local Logic that specialises in the North American market, Nestfully's operators hope to compete with the big portals for consumer eyeballs.

“Our collaboration with Local Logic marks a milestone for Nestfully,” said Amit Kulkarni, Bright MLS Chief Marketing Officer. “Integrating Local Logic’s advanced location and demographic insights introduces new value to agents and homebuyers, and brings them a new tool that enhances the homebuying search.”

The continued investment in Nestfully by MLS groups is another threat to established players like Zillow which is currently suing an MLS group and two of its members after they removed the option for agents to use Zillow's showing management time software, ShowingTime.

January 9, 2024
Since March 2020 Edmund's job has been to read about, write about, collect data on, analyse and generally know about real estate marketplaces and the companies that run them. Before that he worked at the aggregator Mitula Group (which became Lifull Connect) for five years.

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

Ten Questions With Chainwright
Ten Questions with Adrian Hawkins-Longley, CEO at Chainwright

Property chains are one of the biggest threats to a home move—with the potential to destroy a vast number of...

Read More
Costar Domain 1
Source Claims “Domain Can Be a Leader in Australia” as CoStar Pursues Acquisition

CoStar continues to be the biggest story in our industry as it pursues an aggressive M&A strategy across global markets....

Read More
Investment Roundup 21Feb 2
Investment and Funding Roundup: Immowelt, Libeen, PropHero

This week's funding and investment roundup starts in Germany, where immowelt (part of the Aviv Group) has closed its third...

Read More
People Roundup 21Feb 3
People Roundup: PropertyGuru, REA India, Zillow

This week's People Roundup starts in Singapore, where nearly 200 people have lost their jobs at PropertyGuru...   Asia: PropertyGuru...

Read More

Editor's Pick