ZeroFox acquires IDX and announces plans to go public via Fundamentals Explained

Showcase IDX is a property tech business concentrated on consumer search, marketing and lead generation. With the acquisition, e, Xp Real estate prepares to introduce a consumer-facing search website. EXp World Holdings, the parent business of the virtual cloud brokerage e, Xp Real estate is obtaining Display IDX, a realty tech company concentrated on consumer search, marketing and list building.

Glenn Sanford Picture credit: e, Xp World Holdings "We're extremely impressed by the innovation and skill that Showcase IDX has actually assembled, and we look forward to collaborating to broaden e, Xp's reach by producing a customer website for house search, market intelligence and agent marketing," Glenn Sanford, the CEO and founder of e, Xp World Holdings stated, in a declaration.

It will be wholly owned by e, Xp World Holdings, but business with remain separate. EXp will continue to operate the business's services for its existing clients, which consist of a number of leading brokerages. The business site possesses countless clients from brokerages associated with Keller Williams, RE/MAX, Realogy-owned brand names and others.

EXp Realty operates its brokerage on Vir, BELA too, where agents can team up, or go to expert advancement training. Scott Lockhart Image credit: Showcase IDX "The Showcase team has always had an objective of helping representatives meaningfully connect and engage with online consumers, and joining the e, Xp World Holdings family will allow us to speed up that," Lockhart said, in a statement.

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"This technique puts the house buyer and seller at the heart of the procedure, assisted by innovative cloud-based tools for agents and groups that assist offer regularly exceptional experiences at scale." For Research It Here , Xp Realty, the acquisition provides a group with a background in structure consumer-facing experiences to ultimately release their own.

EXp Real estate is likewise not the first business to use an acquisition to strengthen their own innovation team, towards building that consumer-facing experience. Keller Williams obtained Smarter Representative, while RE/MAX got booj, to construct out their consumer-facing tools.

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