CoreLogic purchases Tarasoft MLS

We found this news on the WAV Group blog.

WAV Group wants to congratulate Corelogic for the successful purchase of Tarasoft. Although the official announcement has not been released, both companies are in the process of advising their clients of the transaction.

Like most CoreLogic acquisitions, the independence of Tarasoft as an operating entity is likely to remain consistent with Tarasoft practices. Over time, CoreLogic will supply resources where necessary to grow, support and improve the already excellent relationships the company has with its clients.

Tarasoft has significant market share in Canada, along with some of the largest MLSs in America – including CRMLS and MLS Listings in California along with MRIS in the Mid-Alantic states. Prior to the acquisition, CoreLogic provided MLS services to around 450,000 agents. Innovia serves around 50,000; Tempo/Fusion serves around 200,000 and MLXchange serves around 200,000. Although the Tarasoft subscriber base is not well know, WAV Group estimates that that CoreLogic has grown their service base by around 25% through this acquisition.