ATTOM's Strategic Acquisition of ResiShares Enhances Data Analytics Platform

ATTOM's Acquisition of ResiShares: A Game Changer in Real Estate Analytics

In a significant move to bolster its position in the real estate analytics sector, ATTOM, a prominent distributor of property data and analytics, has officially acquired several key assets from ResiShares. This includes ResiShares' advanced analytics platform and proprietary technology. The merger is aimed at integrating these capabilities with ATTOM's national property data, thereby enhancing ATTOM's foundation in analytics and technology.

Rob Barber, CEO of ATTOM, emphasized the importance of this acquisition, stating, "ResiShares meaningfully strengthens ATTOM's competitive moat and further differentiates us in a dynamic market." The deal is not just about adding resources; it’s about enriching the insights and services that ATTOM provides to its clients throughout the expansive real estate ecosystem.

Founded by a team of industry experts including Michael Greene, Alex Villacorta, Dan Glaser, and Michael Cook, ResiShares has been instrumental in developing a modular analytics platform. Their technology leverages proprietary forecasting models and quantitative research to provide sophisticated insights into real estate investments and operations. Now, as part of ATTOM, this technology is set to evolve into enterprise-grade analytics products that will serve a wider range of clients, from financial institutions to government entities.

The Future of Data Analytics at ATTOM

With the integration of ResiShares' technology, ATTOM is poised to introduce advanced analytics capabilities that encompass proprietary price and rent forecasts, neighborhood performance analytics, and cutting-edge modeling. These tools are designed to uncover trends, assess risks, and identify opportunities across various markets. The combination of ATTOM's extensive property data and ResiShares' analytical expertise will allow clients across several industries, from real estate to insurance, to utilize data-driven insights effectively.

Michael Greene, CEO of ResiShares, reflected on the acquisition, saying, "This is a natural next chapter for the technology and capabilities we built. By merging our analytics platform with ATTOM's extensive data, we look forward to democratizing access to highly sophisticated analytical tools.”

ATTOM's commitment to innovation is evident, as they plan further investments in data, analytics, and AI technologies. This acquisition marks a clear shift in ATTOM's strategy to enhance their service offerings and ensure clients have the most accurate and informative data possible.

As the real estate market evolves, having reliable and comprehensive analytics is crucial. ATTOM's drive to integrate ResiShares’ assets into its platform not only expands its capabilities but also reinforces its leadership in providing property intelligence and predictive analytics.

Conclusion

The acquisition of ResiShares is a strategic move that places ATTOM at the forefront of real estate analytics. As they work to enhance their platform, clients across various sectors can expect a new wave of insights that will empower their decision-making processes. With an ever-growing emphasis on AI and data analytics in the industry, ATTOM's latest initiative is set to redefine standards and expectations for real estate data intelligence.