A month after launching its new Non-public Unique Listings (PX) function, agent-driven supply, negotiation and collaboration platform Closing Provide has acquired Non-public Assortment, a supply of itemizing data for off-market properties.
Monetary phrases of the deal weren’t disclosed. Closing Provide stated the addition of Non-public Assortment provides greater than $1 billion in off-market stock to its platform.
“The acquisition of Non-public Assortment accelerates Closing Provide’s market share of enterprise brokerage clients looking for to offer their brokers with a software to share off-market listings inside their brokerage in addition to their shoppers and potential shoppers,” Closing Provide stated in a ready assertion. “With full integration into Closing Provide, purchaser brokers can share and touch upon unique listings after which make affords and negotiate the transaction seamlessly inside one built-in platform.”
Closing Provide, an HW 2025 Tech winner, permits brokers to offer their patrons with early entry to pre-market listings inside their brokerage, giving them a aggressive benefit in shopping for properties earlier than they attain the broader market. The proptech startup stated that Non-public Assortment clients and their sellers will now have the ability “to obtain, counter and settle for affords in addition to make the most of a buy-it-now possibility (The Closing Provide Button) inside Closing Provide, permitting patrons to buy a property with out the danger of dropping.”
The Unique Listings function permits properties to be marketed twice—as an unique pre market itemizing, then “doubtlessly leveraging the open market both earlier than or after the primary supply is in hand to solid the widest doable publicity,” the corporate stated.
The acquisition and launch of PX comes amid a debate over the Nationwide Affiliation of Realtors’ Clear Cooperation Coverage, which requires Realtors to checklist a property on the MLS inside 24 hours of promoting.
The Massachusetts-based proptech agency has made a number of different acquisitions. In July 2024, Closing Provide acquired the North American operations of Openn Negotiation — one other negotiation platform and supply platform that operated in Canada.
The corporate has raised near $16 million in investments from Second Century and over 100 actual property professionals because it’s founding in January 2021. It at the moment operates in 11 U.S. states and in Canada.