The zipLogix™ platform will be added to Lone Wolf's transaction management portfolio, which currently includes TransactionDesk, a complete transaction management solution used by over 500,000 real estate professionals. Lone Wolf will immediately look to integrate zipForm® with brokerWOLF, the real estate industry's number-one back office and accounting platform, to give zipForm® users a fully integrated transaction management-to-back office solution. Lone Wolf will also look to leverage existing zipForm® integrations and bring them to TransactionDesk users to drive greater efficiencies for agents and brokers.
"I couldn't be more excited to welcome zipLogix™ to Lone Wolf," said Jack Blaha, CEO of Lone Wolf Technologies. "This acquisition is important for the real estate industry and the customers we serve. With more solutions and integrations available, zipLogix's™ enormous network of brokerages and agents will soon have the opportunity to leverage an unparalleled end-to-end platform from lead to close. By combining our resources, we will be able to accelerate development on both platforms while providing greater choice and integration capabilities to the thousands of brokers and agents served through our MLS, Association, and brokerage clients."
Collectively, Lone Wolf and zipLogix™ service over 1.4 million agents, 20,000 offices, and 1,000 MLSs and Associations in the U.S. and Canada. More than 125 million forms and 23 million signings are created on their platforms every year.
"We are excited to be a part of a top caliber technology provider who shares the same ethos of offering best-in-class transaction solutions for the hundreds of thousands of agents and brokers who use zipLogix™ transaction products," said Mark Peterson, 2019 chair, zipLogix™ board of directors. "We believe this acquisition positions our REALTOR® members exceedingly well for future growth and offers significant opportunity to enhance and streamline the transaction."
zipLogix™ solutions are currently provided as a member benefit to members of both the National Association of Realtors® (NAR) and the California Association of Realtors® (C.A.R.). This member benefit will continue for members of both organizations under the existing terms.
"Our mission is to help our members be successful and technology is a key ingredient in achieving this goal," said John Smaby, NAR President. "We are excited that this acquisition will result in the delivery of a next-level platform that will drive greater efficiency and effectiveness for our members."