Industry NewsNews Brief

Market Leader acquires RealEstate.com for $8.25M

Purchase includes about 400 domain names, customer network

Market Leader Inc., a provider of marketing and "software as a service" products to real estate professionals, has acquired lead-generation network RealEstate.com, the company announced today.

Market Leader paid $8.25 million in cash for the acquisition, which includes "patents, trademarks and approximately 400 domain names, including Realestate.com; software related to consumer Web services; information, contracts and content necessary to operate the Realestate.com website; and, a network of over 250 real estate broker customers," according to a regulatory filing dated Sept. 15.

Earlier this year, Market Leader also acquired mobile lead-g...