BoomTown Acquires Brokermint, the Industry Leader in Cloud-based Brokerage Management Software Solutions

The acquisition of Brokermint accelerates BoomTown's strategic growth plan to deliver fully integrated software solutions that simplify the entire real estate transaction lifecycle from lead-to-close

CHARLESTON, S.C., March 23, 2021 -- BoomTown, the leading cloud-based sales and marketing automation platform for real estate professionals, is excited to announce the strategic acquisition of Brokermint. Brokermint's technology consolidates and automates all back office and transaction management functions through easy-to-use, scalable software solutions. By using Brokermint, leading real estate brokerages, teams, and agents can simplify complex back office tasks, efficiently close transactions, and focus on driving growth. Through its acquisition of Brokermint, BoomTown becomes one of the industry's only integrated, end-to-end solutions addressing every aspect of the real estate transaction lifecycle.

"BoomTown is constantly analyzing ways to deliver and enhance ROI for our clients and drive their success. Our existing platform is unparalleled in its ability to generate, engage, and convert prospects," said Grier Allen, CEO & President of BoomTown. "By leveraging the power of Brokermint's industry-leading transaction management and accounting capabilities, and financial analytics, BoomTown now has a complete lead-to-close solution, so clients can efficiently and effectively manage the entire prospect lifecycle in one system."

Brokermint's back office management and automation solutions are essential to the operations and growth of top real estate brokerages and teams. Its core capabilities support clients with:

• Transaction management
• Commission automation
• Accounting
• Agent management
• Reporting and analytics

This acquisition further advances BoomTown's mission to empower real estate brokerages, teams, and agents to accelerate growth and profitability through the use of technology. BoomTown and Brokermint have been strategic partners for many years. Now there is a clear strategic path to fully integrating Brokermint's technology into the BoomTown platform and delivering a combined focus on further innovation that enhances the user experience and drives value for clients. "BoomTown is instrumental in building a sustainable and predictable pipeline of transactions for my team and business, and Brokermint has streamlined and managed all of my back office operations" said Brad Nix, Co-Founder and COO of Path & Post. "These are the linchpins of a successful real estate business, and I am excited for the future opportunities they will create for real estate businesses as these best-in-class solutions join forces."

"I'm very excited to share such a huge win for Brokermint, BoomTown, and most importantly, our clients," said Andrew Chishchevoy, CEO & Co-Founder of Brokermint. "This acquisition will bring incredible resources to accelerate development of the platform and drive even more value for BoomTown and Brokermint clients."

Brokermint is BoomTown's third acquisition since 2018, underscoring BoomTown's commitment to investment and innovation in real estate technology and driving value for its clients.

About BoomTown

BoomTown exists to make real estate agents successful. 40,000+ of the industry's top professionals, and 40% of the Real Trends Top 250 teams, trust BoomTown to grow their real estate business with easy-to-use technology that creates opportunities and turns them into closings. Capabilities include a customizable real estate website integrated with local MLS data, client success management, a cutting-edge CRM (Customer Relationship Management) system with custom marketing automation, personalized advertising and lead generation services, and a mobile app for agents on the go. BoomTown's service offerings extend far beyond technology with lead qualification services to contact, qualify, and nurture leads, and dedicated advisors to offer personalized support at every step from onboarding and training to optimizing your business and planning for strategic growth to coaching services from peers who have catapulted their growth with the system. Founded in 2006 and headquartered in Charleston, SC, BoomTown has additional offices in Atlanta, GA and San Francisco, CA. For more about BoomTown visit boomtownroi.com.

About Brokermint

Brokermint is an easy-to-use, complete cloud-based solution for the residential real estate back office. Brokermint is the platform of choice for over 1,200 brokerages, supporting over 55,000 agents and processing over 300,000 transactions per year. Core capabilities and modules include Transaction Management, Commission Automation, Accounting, Agent Management, and Reporting and Analytics. Brokermint also integrates with other key real estate technology platforms. Founded in 2014, Brokermint is headquartered in San Diego, CA.