One more reason to not like Zillow
Zillow (NASDAQ: Z) has entered into a definitive agreement to buy DotLoop, a Cincinnati-based company that simplifies real estate transactions by enabling brokerages, real estate agents, and their clients to share, edit, sign and store documents digitally. The transaction is subject to the satisfaction of customary closing conditions and is expected to close in the third quarter of 2015.
Just what I need, one more reason to not like Zillow. For those of you that don’t know, DotLoop is a file management system for real estate brokerages. Most of us here in South west Florida prefer APPFiles – a Sarasota based competitor. I do know that many of the Realogy Companies (like Coldwell Banker and Century 21) use Dotloop. Both systems are similar in their objective – to aid the broker to get as paperless as possible.