CHICAGO – July 29, 2014 – (RealEstateRama) — Updater and zipLogix, both investments of the National Association of Realtors®, announced a partnership to help real estate professionals streamline the moving process for their clients from within zipForm®. The technology collaboration will enable zipLogix users to seamlessly offer their clients Updater’s personalized and guided experience for completing moving-related tasks. Updater’s web application helps clients update their new address across all accounts and subscriptions, transfer utilities, forward mail with the U.S. Postal Service, and much more.
“Integrating Updater with zipForm® makes it effortless for real estate professionals to eliminate a major pain point for clients during the moving process,” said David Greenberg, founder and CEO of Updater. “We’re excited to help real estate professionals deliver an enhanced client experience.”
zipLogix is the official forms software of NAR, and Updater is an investment of NAR’s strategic venture arm, Second Century Ventures, and was a member of its 2013 REach® accelerator class. “We invest in technologies and companies based on their potential to add value to the real estate industry,” said Constance Freedman, managing director of Second Century Ventures. “When companies that we work with come together to enhance each other’s value, it’s a win-win for real estate agents, consumers and our portfolio.”
The zipLogix family of tech-savvy products is the recognized industry standard for electronic real estate forms and transaction management system that are currently used by more real estate professionals than any other real estate software program. zipForm® is the exclusive and official forms software of the National Association of Realtors®. zipLogix also offers relay®, the web-based transaction management system. zipLogix provides transaction solutions to real estate professionals that enhance the value of services they deliver to their clients while improving productivity and efficiency. zipLogix is a subsidiary of Real Estate Business Services, Inc. (REBS) and is a joint venture between REBS and the National Association of Realtors®. For more information on solutions for today’s real estate industry or to discuss integrated partnership opportunities, contact Rob Reid at 586-840-1179.
Updater makes moving easier for the 45 million Americans on the move every year. Updater users seamlessly transfer utilities, update accounts and records, forward mail, and much more. Additionally, thousands of relocation professionals (from real estate brokers to property managers) rely on Updater’s business solutions to save clients hours with a branded and personalized Updater experience. Headquartered in New York City, Updater has raised $10 million from SoftBank Capital, IA Ventures, Commerce Ventures, Second Century Ventures (the strategic investment arm of the National Association of Realtors®), and leading angel investors.
About Second Century Ventures
Second Century Ventures is the strategic investment arm of the National Association of Realtors® focused on promoting innovation in the real estate industry and helping the entrepreneurial spirit of real estate to thrive. NAR can provide immediate strategic value to SCV portfolio companies by allowing them access to the vast resources of a 300-person organization with the expertise, influence and power that comes only by being ingrained in an industry for more than 100 years.
About the National Association of Realtors®
The National Association of Realtors®, “The Voice for Real Estate,” is America’s largest trade association, representing 1 million members involved in all aspects of the residential and commercial real estate industries.
Media Contact: Sara Wiskerchen / 202-383-1013