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Display IDX is a property tech company concentrated on consumer search, marketing and lead generation. With the acquisition, e, Xp Real estate prepares to introduce a consumer-facing search portal. EXp World Holdings, the moms and dad business of the virtual cloud brokerage e, Xp Real estate is getting Showcase IDX, a realty tech business concentrated on consumer search, marketing and list building.

Glenn Sanford Photo credit: e, Xp World Holdings "We're very impressed by the innovation and talent that Showcase IDX has assembled, and we anticipate collaborating to expand e, Xp's reach by creating a consumer website for house search, market intelligence and agent marketing," Glenn Sanford, the CEO and creator of e, Xp World Holdings said, in a statement.

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It will be entirely owned by e, Xp World Holdings, but the businesses with remain separate. EXp will continue to operate the business's services for its existing clients, that include a number of top brokerages. The company site boasts of thousands of customers from brokerages associated with Keller Williams, RE/MAX, Realogy-owned brands and others.

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EXp Real estate runs its brokerage on Vir, BELA also, where representatives can collaborate, or attend professional development training. Read This : Showcase IDX "The Display team has always had a mission of assisting representatives meaningfully link and engage with online consumers, and signing up with the e, Xp World Holdings household will enable us to speed up that," Lockhart said, in a statement.

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"This method puts the house purchaser and seller at the heart of the procedure, guided by innovative cloud-based tools for agents and teams that help offer consistently extraordinary experiences at scale." For e, Xp Realty, the acquisition provides a team with a background in building consumer-facing experiences to eventually introduce their own.

EXp Realty is also not the first business to use an acquisition to bolster their own technology team, towards structure that consumer-facing experience. Keller Williams acquired Smarter Representative, while RE/MAX acquired booj, to develop out their consumer-facing tools.

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