Final Offer, the Boston-headquartered residential real estate platform, has acquired Private Collection, a source of listing information for off-market properties.
The financial terms of the deal were not disclosed. According to a statement from the companies, the addition of Private Collection expands on Final Offer’s recent launch of Exclusive Listings, adding more than $1 billion in off-market inventory to its platform while providing brokerages with “a competitive edge to attract and retain top talent, offer unique listing marketing opportunities and provide buyer agents and their prospective buyers with access to inventory prior to it being available anywhere else.”
“We are excited to welcome Private Collection to the Final Offer family,” said Judd Hoffman, co-CEO of Final Offer. “Their vast inventory and unparalleled access to exclusive listing intelligence will further empower agents to better serve their clients with more access to exclusive inventory and elevated negotiation tools during their real estate journeys. This acquisition reinforces our commitment to delivering the most comprehensive and innovative solutions for all listings to agents and their clients.”
“Having practiced real estate for more than 20 years in the DC metropolitan area, I saw the gap in the availability of exclusive listing information for agents and their clients,” added David Bediz, CEO of Private Collection. “With Final Offer’s rapid growth across the United States and Canada, coupled with its existing Exclusive Listing offering, Private Collection is a natural fit to accelerate growth. I’m thrilled to join this talented team to further expand Final Offer across North America.”
