edgeio acquires assets of Adaptive Real Estate Services

» 29 November 2006 » In announcement, edgeio, techmeme ad »

I am pleased to announce that edgeio has made its first acquisition. About a week ago we acquired the assets of Adaptive Real Estate Services, a company built over the past several years by father and son team Robert and Peter Meyer.

ARES, as it is known, has patiently built up relationships with Brokers and Agents in 70 of the top MLS organizations (multiple listings services) in the US. It has about 1.5m homes listed for sale in the areas it covers.

As we integrate ARES into the edgeio platform it will be possible for users of edgeio.com, and partners of edgedirect to show these 1.5 million homes in search results.

The key advance ARES made is that it automates the inclusion of listings via the IDX protocol used by MLS organizations. This is painstaking work as few MLS organizations share common data structures with others. ARES also provides automated web sites for brokers and agents wanting them.

Peter and Robert will introduce themselves on this site over the coming weeks. For now we are pleased to have them on the team and we look forward to helping them serve home sellers and buyers by turning the real estate listings service in edgeio into a major asset for each.

Our goal is “to bring together, organize and distribute the world’s marketplaces”. As part of this we want edgeio.com to become a universal search engine for “stuff”. As that evolves the edgeio platform can become a major marketing vehicle for Realtors. We will be talking more about our goals at the GMAC event in Florida in February 2007.

In the meantime, if you are a broker, an MLS, an agent or indeed a home buyer or seller, please feel free to email Robert Meyer for more information about how he can help you. He is [Robert at edgeio dot com].

Discussion

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8 Comments on "edgeio acquires assets of Adaptive Real Estate Services"

  1. Keith Teare
    Tara Hunt
    29/11/2006 at 4:01 pm Permalink

    Congrats Keith! This is awesome news.

  2. Keith Teare
    Neil Simmons
    21/06/2007 at 10:57 pm Permalink

    Are there any further aquisitions in the pipeline I wonder?

  3. Keith Teare
    Chris Heath
    06/07/2007 at 3:46 am Permalink

    It is good to see Edgeio has put themselves in a position to go head-to-head with the likes of realtor.com and Propsmart who have become too complacent in this market space.

  4. Keith Teare
    Bob Simpson
    05/02/2008 at 4:23 am Permalink

    Sorry if this is a stupid question but is Edgeio a listed company?

  5. Keith Teare
    rorysiems
    19/08/2008 at 12:32 am Permalink

    I like the assets of the adaptive real estate services that has been produced in this article through the link. This is a good mode of real estate business.

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  1. [...] Matt Marshal reports on the move by Keith Teare and Edgieo.  I’ve know Keith Teare since 1997 when my …

  2. [...] In other real estate news, Edgeio decided to buy into the real estate listings market instead fight the uphill …

  3. [...] Joel has a write-up on Edgeio and their acquisition of Adaptive Real Estate Services that puts them in a …

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