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Savills Selects RESAAS for its New Global Referral Platform

RSS · Price
Executive Summary
- RESAAS Services Inc. announced that global real‑estate firm Savills has selected its platform to support residential referrals worldwide.
- The agreement is for one year, automatically renewing, and provides RESAAS with a setup/configuration fee, technology integration fee, and recurring monthly enterprise license fee.
- This partnership expands RESAAS’s reach into Savills’ extensive global referral network, potentially increasing revenue and market penetration.
Key Details
- Parties: RESAAS Services Inc. (TSXV: RSS) and Savills.
- Scope: Support of residential referrals across Savills’ global referral platform.
- Term: One‑year agreement with automatic renewal provisions.
- Compensation Structure:
- Setup and configuration fee (one‑time).
- Technology integration fee (one‑time).
- Recurring monthly enterprise license fee (ongoing).
- Strategic Impact: Provides RESAAS access to Savills’ network of residential agents, enhancing data exchange capabilities and expanding its user base beyond the existing 600,000 agents in 160 countries.
- Company Background (brief): RESAAS offers technology solutions for real‑estate data exchange, serving both residential and commercial sectors.
Notable Quotes
(No direct quotes were included in the release.)
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