Where Real Estate Gets Its Dirt

Timing is everything

May 8, 2013

Trulia Acquires Market Leader For $355M To Take Its Business Beyond Listings And Into SaaS For Real Estate Professionals

“Online real estate company Trulia has announced it plans to acquire real estate SaaS CRM provider Market Leader for approximately $355 million. The SEC filing is here.

Trulia said the combined company will have some 46,000 “premium subscribers” — or more than “any other online real estate marketplace” (likely an indirect reference to rival Zillow).

Emphaisis mine.

September 4, 2015

Zillow Group Announces Sale of Market Leader to the Perseus Division of Constellation Software

“Zillow Group (NASDAQ: Z and ZG), which houses a portfolio of the largest and most vibrant real estate and home-related brands on mobile and Web, today announced the pending sale of Market Leader to the Perseus Division of Constellation Software, Inc., an international provider of market-leading software and services, for $23 million USD. The sale is expected to close early in the fourth quarter.

Emphasis mine.

Constellation Software also bought AgentOffice (back in 2008), which is run by their Emphasys Software division.

I just have two words to say about this deal. Ian Morris.

  1. Yes, but did this sale, include the Broker’s licenses from all 50 States that came with the Trulia Purchase in 2013?

    I could not find reference to them in any of my online searches?


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