When multiple listing service (MLS) vendors FBS and Solid Earth announced a partnership earlier this year, it was as competitors looking to serve their mutual MLS clients. Nearly six months later, the two are rivals no more. FBS will acquire Solid Earth’s assets and employ all five of its existing employees in a deal slated to close by the end of the year, FBS CEO Michael Wurzer told Inman via email.
- MLS system provider FBS is acquiring the assets of its rival Solid Earth, including the latter's Spring platform.
- FBS will also develop a product that will show off the products and services MLSs offer their subscribers.