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Zillow Group acquires Bridge Interactive

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When Zillow Group acquired dotloop, a real estate transaction software company, in late 2015, industry insiders wondered what the next big move would be. Would the real estate behemoth keep its eyes out for another dotloop, or would it turn its sights elsewhere in the industry? Today we have an answer: Zillow Group announced that it acquired Bridge Interactive, a company that creates brokerage and MLS back-office software. “Bridge Interactive helps brokers and MLSs address the complex world of listings management by implementing systems based on open standards from the Real Estate Standards Organization (RESO),” reads a press release sent by Zillow Group. Zillow Group and Bridge did not disclose terms of the agreement. Pace Davis According to Bridge, the company services a …

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