Zillow has acquired Retsly Software Inc., the year-old real estate startup that streamlines access to multiple listing service data for real estate technology developers. Financial terms of the deal were not disclosed. Vancouver-based Retsly's tool also provides metrics back to MLSs showing how their data is used in the platform, helping them verify compliance with MLS rules and licensing agreements. Retsly's technology was on display at a 24-hour "hackathon" the startup partnered with real estate giant Realogy to put on during the National Association of Realtors' national convention in November. At the event, the Retsly platform "normalized" data from six of the largest MLSs in the U.S., including California Regional MLS, Midwest Real Estate Data (MRED) and Sandicor. Many MLS...
Jul 15, 2014 by Inman