Lone Wolf Technologies (“Lone Wolf”) is thrilled to announce it has acquired Terradatum. The acquisition brings a confirmed set of knowledge analytics instruments into the Lone Wolf Broker Cloud, essentially the most complete know-how suite in actual property at the moment, and bolsters the corporate’s efforts to broaden the provision and accessibility of predictive enterprise intelligence for brokers throughout North America.
Terradatum is the highest supplier of actual property analytics software program within the U.S. and Canada, with options for market evaluation, aggressive enterprise intelligence, video advertising, and extra. The firm’s flagship answer, BrokerMetrics®, aggregates licensed information from the MLS and supplies brokers with real-time evaluation on market share, market progress, market dynamics, pricing evaluation, and extra. BrokerMetrics® enhances different information and analytical options within the Broker Cloud, together with Lone Wolf Insights and Lone Wolf Recruit, actual property’s first AI-powered options for agent retention and recruitment, respectively, in addition to Lone Wolf Back Office, the trade’s gold normal for actual property again workplace, accounting, and monetary reporting. Collectively, these options present brokers with a complete view of their market, their brokerage, and their funds to assist them recruit brokers, develop their enterprise, and enhance profitability.
“We’re elated to welcome Terradatum to the Lone Wolf household at the moment,” stated Jimmy Kelly, CEO and President of Lone Wolf. “We each have a protracted historical past offering brokers with info that augments their actual property instinct and experience and helps them run profitable companies. Terradatum is understood for its implausible point-in-time and historic analytics and benchmarking. We plan to construct on this basis, layering in AI-enabled strategic insights and forward-looking forecasts, in order that our dealer prospects have higher, smarter, and extra predictive info at their fingertips than ever earlier than.”
“We have rather a lot in frequent with Lone Wolf, so becoming a member of the crew made sense for us, and for our prospects as properly,” stated Mark Spraetz, President and CEO of Terradatum, “Like Terradatum, Lone Wolf is deeply dedicated to leveraging information to assist actual property brokers, brokers, MLSs, and associations enhance their market share and enhance their service to patrons and sellers. We’re extraordinarily excited to hitch this group led by Jimmy Kelly and for the way forward for our mixed firm.”
This acquisition follows a number of main bulletins from Lone Wolf. The firm not too long ago acquired LionDesk, HomeSpotter, and W+R Studios so as to add CRM, digital advertising, and comparative market evaluation (CMA) to its know-how suites; launched Recruit and the brand new Cloud CMA for brokers; signed a number of agreements to offer Lone Wolf Transactions to over 500,000 brokers as a member profit in 2022; and launched Digital Title Orders in collaboration with among the main title insurance coverage corporations within the U.S. Each of those initiatives fulfills Lone Wolf’s mission to simplify actual property by delivering higher info, innovation, and experiences to brokers and brokers in every single place, which in flip helps them do the identical for his or her patrons and sellers.
“At its core, actual property is about folks,” stated Chris Egan, Chief Strategy Officer at Lone Wolf. “Unlike the trade disruptors, we’re not right here to interchange folks or professionals within the transaction course of; we’re right here to empower them. This acquisition is all about getting higher info within the fingers of actual property specialists and brokers, so it’s simpler for them to do what they already do—run a worthwhile enterprise and serve patrons and sellers—now and into the long run.”