News Corp's Move Inc. has acquired Reesio, a provider of document and transaction management software for residential real estate.
Reesio's four founding partners will join Move, according to a Thursday
Reesio's platform allows real estate agents to bring the home-sale process online, giving multiple participants access, including buyers, sellers, title and escrow companies, mortgage professionals, home inspectors and others. It is a competitor to DotLoop, the Cincinnati-based company
"Move's deep commitment to the professional software side of the business and the real estate industry, generally, aligns with our vision of creating an all-in-one technology platform for brokers and agents," Mark Thomas, co-founder and chief executive of Reesio, said in the release.
