Zillow Group To Acquire DotLoop

nWe’re very excited to announce that we’ve entered an agreement to acquire DotLoop, a technology company that helps real estate professionals and their clients communicate and collaborate more quickly and easily to close the deal. DotLoop simplifies the process of buying or selling a home by letting real estate agents, their clients and other service providers share, edit, sign and store documents digitally.

Helping real estate professionals make better use of the Internet and technology is part of Zillow Group’s mission. We’ve spent close to a decade building the best possible advertising experiences to help brokers and agents grow their business. Now with DotLoop’s digital transaction management, we’re helping them streamline their business, enabling them to focus on peoplework rather than paperwork. DotLoop brings the transaction online, from the creation of a listing agreement to the submission of offers to the actual closing, enabling the process to move much more quickly and easily.

While it’s still early days, we’re looking forward to helping expand DotLoop’s innovative offering within Zillow Group, providing additional value to current customers and making it available to our more than 10,000 broker partners and the agents they represent, as well as to our approximately 100,000 agents who advertise on Zillow and Trulia.

Read the press release here.