Housing.com has acquired HomeBuy360, a unique cloud based Sales Lifecycle Management Platform that connects developers, agents and buyers for a sum of $2 Million.
The deal was closed for a sum of $2 million towards purchase of 100% equity of HomeBuy360 (HB360), making Housing the only online real estate listing platform to own a developer CRM company.
Leveraging this unique platform, developers and agents can streamline the entire sales lifecycle, by tracking inventory, managing customer relations and in effect drive efficiencies in their sale operations. This will help reduce costs for 20,000+ developers in the realty ecosystem. This acquisition will also fortify Housing.com’s Data Science Lab (DSL) with rich data on inventory and transactions in the real estate sector.
Earlier this year, Housing.com had acquired Indian Real Estate Forum (IREF), a platform providing unbiased property information to consumers and Realty BI to empower property buyers and financial institutions to assess risks and take informed decisions.