Zillow Group's investment in the Follow Up Boss platform will further help your teams and agents deliver great customer experiences, improve productivity, and grow your business.
Seattle, November 1, 2023 /PRNewswire/ — Zillow Group has entered into an agreement to acquire Follow Up Boss, a customer relationship management (CRM) system for real estate professionals. Follow Up Boss provides teams and agents with a central hub to stay organized, engage with customers, close deals, and scale production. As part of the Zillow Group, Follow Up Boss invests further in improving its product offerings to help clients deliver the best possible customer experience while strengthening their businesses.
Follow Up Boss remains an independent brand and builds its customer base as a standalone product offering while serving all existing customers, whether agents are integrated with other Zillow Group platforms or not. I will continue to do so.
Follow Up Boss co-founder said: “We're excited to have more resources to invest in new features while delivering the great experience our customers currently enjoy.” Dan Corkill. “Our mission remains the same: to serve the best-performing real estate teams and agents by providing industry-leading technology to power their businesses. We know we’re sharing.”
Follow Up Boss also plans to continue supporting its vast ecosystem. Third party integration partnerallows agents' clients to continue using their preferred system seamlessly. Additionally, Zillow Group will continue to support third-party CRM integrations. Zillow Premier Agent App So Premier Agent partners can work with the CRM of their choice.
“Follow Up Boss is loved by agents across the industry, including many Zillow Premier Agent partners and ShowingTime+ clients.Zillow Group is committed to providing technology solutions that help agents deliver an increasingly seamless experience to our mutual customers. We continue to invest in Zillow,” said Susan Daimler, President of Zillow. “Follow Up Boss has built the best CRM for agents and teams in the industry. We support their continued success so agents can exceed the needs of today's buyers and sellers.” I’m looking forward to doing that.”
Zillow Group has a history of investing responsibly in the growth of industry tools, including previous acquisitions of dotloop and ShowingTime. Security and customer data privacy are top priorities for both Zillow Group and Follow Up Boss, and both companies have robust processes in place to protect customer data. The customer data that a Follow Up Boss subscriber enters into the system remains that customer's and remains within Follow Up Boss. Additionally, Follow Up Boss works with third-party validators to ensure that your data is secure and protected in accordance with Follow Up Boss' Terms of Use and Privacy Policy.
The acquired purchase price includes: $400 million up to the original cash consideration 100 million dollars With potential cash income. Follow Up Boss has about 100 full-time employees, who will join his Zillow Group, including his co-founders, once the acquisition closes. Dan Corkill And Tom Markoff.
For more information, please visit: zillowgroup.com/News.
About Zillow Group:
Zillow Group, Inc. (NASDAQ: Z and ZG) is reimagining real estate to make housing a reality for more people.As the most visited real estate website USZillow and its affiliates help people find and get the homes they want by bringing together digital solutions, great partners and easier buying, selling, financing and rental experiences.
Zillow Group's affiliates, subsidiaries and brands include Zillow®. Zillow Premier Agent®; Zillow Home Loan℠; Trulia®; OutEast®; StreetEasy®; Hotpad®; Showtimes+℠; and Spruce®.
All marks herein are owned by MFTB Holdco, Inc., an affiliate of Zillow. Zillow Home Loans, LLC is an Equal Housing Lender, NMLS #10287 (www.nmlsconsumeraccess.org). © 2023 MFTB Holdco, Inc., an affiliate of Zillow.
Forward-looking statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that involve risks and uncertainties. This includes, but is not limited to, statements regarding our future performance and operations. our business, our business strategy and our ability to translate that strategy into financial performance, the current and future health and stability of the housing market and economy, the volatility of mortgage interest rates and the future behavior of consumers and employees; our expectations regarding change; “may”, “believe”, “anticipate”, “expect”, “intend”, “plan”, “project”, “anticipate”, “will”, “anticipate” Words such as “continue,'' “estimate,'' “outlook,'' “guidance,'' “will,'' “could,'' “endeavour,'' or similar expressions constitute forward-looking statements. To do. Forward-looking statements are made based on assumptions as of the date of this press release, and although the Company believes that the expectations reflected in the forward-looking statements are reasonable, the Company believes that the expectations reflected in the forward-looking statements are reasonable; There is no guarantee. Differences between Zillow Group's actual results and those described in these forward-looking statements may result from actions taken by Zillow Group and risks and uncertainties beyond Zillow Group's control.
For more information on potential factors that could affect Zillow Group's business and financial results, see “Risk Factors” included in Zillow Group's Annual Report on Form 10-K for the ended fiscal year please. December 31, 2022, and subsequent quarterly and annual reports. Zillow Group does not intend, and undertakes no obligation, to update this information to reflect future events or circumstances, except as required by law.
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