PropertyShark was founded in 2002 by Matthew Haines "strives to level the playing field by providing real estate professionals, investors and savvy homebuyers with the information transparency essential to evaluate all types of real estate and make informed decisions". Has today 50 fulltime employees.
The offering consists of:
* Property Reports & Building Photos
* Pre-Foreclosure and Foreclosure Listings
* Sales Comparables
* For Sale Listings
* For Lease Listings
* PropertyShark University
Second acquisition in a month
The acquisition of PropertyShark is the second purchase this year for Yardi. In mid-February they purchased RentGrow "a leading provider of online resident screening services for multifamily property management firms" (press release).
More to be found at:
A further interesting part is that Yardi with the acquisition of PropertyShark moves into the territory of Costar and Loopnet, regarding listings of property for sale and lease. (read more at TheRealDeal).