Lone Wolf Real Estate Technologies, the largest supplier of real estate office management software in North America, has purchased the Lucero Summit real estate brokerage software from MarketLinx, a member of The First American Corporation group of companies. As part of the transaction, MarketLinx and Lone Wolf announced a new strategic partnership to provide for a seamless integration between both companies’ products.
“The acquisition of the Lucero Summit assets from MarketLinx will expand our presence to three product lines – Lone Wolf, DPN and Lucero – covering more than 7,500 real estate offices across North America,” says Lorne C. Wallace, president of Lone Wolf. “This purchase supports our commitment to providing quality back-office management solutions and confirms our belief in the future of real estate brokerage operations in this difficult market. We are looking forward to working with the current customer base of Lucero, expanding it in the future and benefiting from our strategic partnership with MarketLinx. With the establishment of this customer base, we can develop the next generation of real estate brokerage software and create a solid infrastructure standard for the industry.”
Ben Graboske, chief executive officer of MarketLinx, says, “Integrating MarketLinx’s front-office solutions, such as AgentAchieve and Document Manager, with Lone Wolf’s back-office solutions will enhance our common clients’ user experience and productivity. The integration of Lucero within the Lone Wolf Real Estate Technologies suite of products will better align each company’s product offerings and market focus.”