SARASOTA — Constellation Data Solutions Inc., part of Constellation Real Estate Group, has acquired offrs.com, an ares firm that specializes in predictive analytics and lead generation in real estate.
Sarasota-based offrs predicts future home sales and transactions, distributing data to real estate agents and mortgage and title companies.
Terms of the deal were not disclosed.
“With data and artificial intelligence at the forefront of innovation in the real estate industry, offrs’ robust platform, predictive analytics and smart data deliver truly advanced data and insights that move the industry forward,” says Constellation Real Estate Group President Scott Smith in a statement. “offrs has a strong team with powerful technology, and we’re excited to welcome them to the Constellation Real Estate Group portfolio.”
According to the press release, the acquisition of offrs aligns with CREG’s strategy of investing in vertical market software solutions with a commitment to be long-term, stable technology partners for the real estate industry.
“As offrs continues to grow and expand the impact our technology has on the real estate industry, we’re excited to have found a long-term owner with Constellation Real Estate Group,” says Mark Dickson, co-founder at offrs.com, in the statement. “Our unique and innovative data and analytics products are a great fit with the Constellation Real Estate Group, who shares our vision of focusing on customers, employees and our innovative technology.”
The Constellation Real Estate group acquires and invests in real estate software brands. It says over 500,000 real estate agents, brokerages, franchises, MLSs and banks across North America use its products and services.