We’re pleased to announce PropertyMaps.com has been acquired!! Here’s a quick excerpt from the press release:
Austin entrepreneur Jeff Chambers, former U.S. product director for HomeAway, Inc., has acquired PropertyMaps.com, a leading residential real estate search engine. The terms of the deal were not disclosed.
Real estate has been one of the hardest hit sectors during the recent slow down in the US economy. However, that pressure created a unique opportunity for Chambers to redefine the structure of a successful real estate company to best serve customers in an evolving marketplace.
“Despite the struggles in residential real estate over the last two years, we believe PropertyMaps.com’s superior technology platform gives us the ability to enter into the market and compete on the national stage. We will leverage our technical expertise to connect consumers, agents and advertisers like never before, and we’ll do it in a more capital efficient way through strategic partnerships and acquisitions,” says Chambers, chief executive officer of PropertyMaps.com.
You can read the full release here: http://bit.ly/neXat
Thanks to all of our customers, broker partners and agents – Jeff has a ton of experience and will undoubtedly apply the knowledge he gained from running the US products for vacation rental leader HomeAway.com. He will take good care of you and we look forward to this business growing bigger, faster and stronger in the years ahead.
– The PropertyMaps.com Team2 comments