Constellation Data Solutions Inc., part of the Constellation Real Estate Group (CREG), announced that it has acquired offrs.com (offrs), a market leader in predictive analytics and lead generation in real estate.
offrs leverages big data and its proprietary machine learning algorithm to predict future home sales and transactions, otherwise known as “Smart Data.” offrs distributes its Smart Data to real estate agents and other financial verticals, including mortgage and title companies.
“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 Scott Smith, president of Constellation Real Estate Group. “offrs has a strong team with powerful technology, and we’re excited to welcome them to the Constellation Real Estate Group portfolio.”
“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. “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 acquisition of offrs aligns with CREG’s strategy of investing in vertical market software solutions with a focus on strong solutions and a commitment to be long-term, stable technology partners for the real estate industry.
“Predicting future real estate transactions is the key to building a world-class lead generation service. There is no better team to join when it comes to innovation than Constellation,” concludes Rich Swier, co-founder of offrs.com.
The CREG platform offers the real estate industry’s broadest set of technology solutions including data, artificial intelligence and predictive analytics; front-office sales and marketing tools including lead generation; back-office software such as accounting, relocation management, eSignature and transaction management; and mortgage loan origination and servicing solutions. The CREG portfolio powers over half a million real estate agents, brokerages, franchises and MLSs across the U.S. and Canada and hundreds of mortgage companies and banks.
Following the acquisitions of Mortgage Builder and TORCHx earlier this year, offrs marks Constellation Real Estate Group’s third new portfolio business in 2019.
For more information, please visit www.constellationreg.com.