Place buys Remine at auction for $1.5M in cash
“Real estate tech and agent services company Place is acquiring real estate software firm Remine for $1.5 million, all in cash — less than 3 percent of what four multiple listing services paid to buy the company 3.5 years ago.
The deal is expected to close in about 14 days, Place co-founder Ben Kinney told Inman exclusively Thursday.”
“Less than 3 percent…” — ooof.
Probably the best outcome for Remine, though. Ben Kinney is legit. Still, a long road ahead.”
The consolidation continues…
