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Showcase IDX is a genuine estate tech company focused on consumer search, marketing and list building. With the acquisition, e, Xp Real estate prepares to release a consumer-facing search website. EXp World Holdings, the moms and dad business of the virtual cloud brokerage e, Xp Realty is acquiring Display IDX, a property tech business concentrated on customer search, marketing and lead generation.

Glenn Sanford Photo credit: e, Xp World Holdings "We're really impressed by the innovation and talent that Showcase IDX has actually assembled, and we look forward to collaborating to broaden e, Xp's reach by producing a consumer website for home search, market intelligence and agent marketing," Glenn Sanford, the CEO and creator of e, Xp World Holdings said, in a statement.

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It will be wholly owned by e, Xp World Holdings, but the organizations with remain separate. EXp will continue to run the business's services for its existing customers, that include a variety of top brokerages. The company site boasts of thousands of customers from brokerages affiliated with Keller Williams, RE/MAX, Realogy-owned brand names and others.

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EXp Real estate runs its brokerage on Vir, BELA also, where representatives can work together, or participate in expert advancement training. Scott Lockhart Image credit: Display IDX "The Display group has always had an objective of helping representatives meaningfully connect and engage with online consumers, and signing up with the e, Xp World Holdings household will permit us to speed up that," Lockhart said, in a declaration.

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"This approach puts the home purchaser and seller at the heart of the procedure, guided by ingenious cloud-based tools for representatives and groups that assist supply regularly exceptional experiences at scale." For Related Source Here , Xp Real estate, the acquisition provides a group with a background in building consumer-facing experiences to eventually introduce their own.

EXp Real estate is likewise not the first business to use an acquisition to boost their own technology group, towards structure that consumer-facing experience. Keller Williams gotten Smarter Representative, while RE/MAX got booj, to build out their consumer-facing tools.

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