$150K Buys You a Real Estate 2.0 Company

Well, not quite. However, Adaptive Real Estate is up for Live Auction (oddly, the company name is mispelled on site) as part of the firesale of edgeio’s assets (see Listings Marketplace Edgeio Shuts Down).
Lots of interesting reading in the edgeio wiki, which details a lot of the IP and processes built up in the company. According to the wiki then, the purchase of ARES will net you:
* The ARES web sites
* The ARES software code
* The ARES live service
* The ability to hire the two ARES founders
It’ll also give you access to the IDX listing data from 57 MLS feeds which apparently works out to approximately 1.3 million active listings. Anticipated revenue from ARES is $12K per month.
If you’re interested you’ll have to pre-register and go through a bidder qualification process. The auction runs through 11am Pacific Time on December 21st.
As of now there are no bids. Any takers?
[poll=4]
(h/t Techcrunch)
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3 Comment(s)
2 Trackback(s)
- From It’s an auction! « 4realz.net | Dec 12, 2007
- From This week, 4realz « 4realz.net | Jan 14, 2008









Gainesville Housing | Dec 12, 2007 | Reply
Bad timing… They should have waited till Jan 1st to auction it.
retrove.com | Dec 12, 2007 | Reply
It’s a great opportunity for any company in the real estate space…
Galen | Dec 12, 2007 | Reply
Access to listings, but not the right to display them on your website. That’s why the acquisition by Edgio made no sense to me in the first place.