The California Association of REALTORS® (CAR) sold its majority interest in zipLogix™ to Lone Wolf Technologies, according to a statement by the National Association of REALTORS® (NAR).
NAR’s agreement with zipLogixTM to provide its software products free to NAR members will remain in force until its expiration at the end of 2020. Get more information now.
Lone Wolf Technologies is a residential real estate software company, while zipLogix™ is a provider of transaction management, electronic forms and eSignature solutions for the real estate industry. NAR, a minority owner of ziplogix™, agreed with CAR’s decision to sell its two-thirds share of the company.
The combination of Lone Wolf and zipLogixTM will accelerate the development of next-generation transaction management products, according to NAR. The acquisition will also improve the technological capabilities and resources of REALTORS®, helping brokers and agents be more efficient and productive and deliver superior customer service.