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RESAAS CODE Expands with Addition of Multiple Commercial Landlords

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RESAAS Services Inc. (TSXV: RSS, OTCQB: RSASF) has announced the expansion of its RESAAS Commercial Data Exchange (CODE) platform with the addition of multiple commercial landlords. Following a successful pilot phase with CBRE in Vancouver, RESAAS CODE has now reached full commercialization. The platform enables commercial brokerages to securely share real estate data with third parties.

Key highlights:

  • Three major national office landlords have joined RESAAS CODE
  • Landlords provide availability data, which RESAAS CODE processes and shares with brokerage customers
  • Subscription-based model generates monthly recurring revenue
  • Strong demand for expansion into additional markets across Canada and the United States
  • Current customers have national or North American footprint, facilitating rapid growth into new cities

RESAAS Services Inc. (TSXV: RSS, OTCQB: RSASF) ha annunciato l'espansione della sua piattaforma RESAAS Commercial Data Exchange (CODE) con l'aggiunta di numerosi proprietari commerciali. Dopo una fase pilota di successo con CBRE a Vancouver, RESAAS CODE ha ora raggiunto la piena commercializzazione. La piattaforma consente alle agenzie immobiliari commerciali di condividere in modo sicuro i dati immobiliari con terze parti.

Principali punti salienti:

  • Tre importanti proprietari nazionali di uffici hanno aderito a RESAAS CODE
  • I proprietari forniscono dati di disponibilità, che RESAAS CODE elabora e condivide con i clienti delle agenzie
  • Il modello basato su abbonamento genera entrate ricorrenti mensili
  • Elevata domanda per l'espansione in ulteriori mercati in Canada e negli Stati Uniti
  • I clienti attuali hanno una presenza nazionale o nordamericana, facilitando una rapida crescita in nuove città

RESAAS Services Inc. (TSXV: RSS, OTCQB: RSASF) ha anunciado la expansión de su plataforma RESAAS Commercial Data Exchange (CODE) con la incorporación de múltiples propietarios comerciales. Tras una exitosa fase piloto con CBRE en Vancouver, RESAAS CODE ha alcanzado ahora la comercialización completa. La plataforma permite a las agencias inmobiliarias comerciales compartir de forma segura datos inmobiliarios con terceros.

Aspectos destacados:

  • Tres importantes propietarios nacionales de oficinas se han unido a RESAAS CODE
  • Los propietarios proporcionan datos de disponibilidad, que RESAAS CODE procesa y comparte con los clientes de las agencias
  • El modelo basado en suscripción genera ingresos recurrentes mensuales
  • Alta demanda para expansión a otros mercados en Canadá y Estados Unidos
  • Los clientes actuales tienen una presencia nacional o norteamericana, facilitando un rápido crecimiento en nuevas ciudades

RESAAS 서비스 주식회사 (TSXV: RSS, OTCQB: RSASF)가 여러 상업 임대인의 추가와 함께 RESAAS 상업 데이터 교환 (CODE) 플랫폼의 확장을 발표했습니다. 밴쿠버의 CBRE와의 성공적인 파일럿 단계를 거쳐, RESAAS CODE가 이제 완전 상업화에 도달했습니다. 이 플랫폼은 상업 부동산 중개업체가 제3자와 부동산 데이터를 안전하게 공유할 수 있도록 합니다.

주요 하이라이트:

  • 세 개의 주요 국가 사무실 임대인이 RESAAS CODE에 가입했습니다
  • 임대인은 가용성 데이터를 제공하며, RESAAS CODE는 이를 처리하여 중개 고객과 공유합니다
  • 구독 기반 모델이 월간 반복 수익을 생성합니다
  • 캐나다와 미국의 추가 시장으로의 확장에 대한 강한 수요가 있습니다
  • 현재 고객은 국가적 또는 북미적 입지를 가지고 있어 새로운 도시로의 빠른 성장에 기여합니다

RESAAS Services Inc. (TSXV: RSS, OTCQB: RSASF) a annoncé l'expansion de sa plateforme RESAAS Commercial Data Exchange (CODE) avec l'ajout de plusieurs propriétaires commerciaux. Suite à une phase pilote réussie avec CBRE à Vancouver, RESAAS CODE a désormais atteint la commercialisation complète. La plateforme permet aux agences immobilières commerciales de partager en toute sécurité des données immobilières avec des tiers.

Points clés :

  • Trois grands propriétaires nationaux de bureaux ont rejoint RESAAS CODE
  • Les propriétaires fournissent des données de disponibilité, que RESAAS CODE traite et partage avec les clients des agences
  • Le modèle basé sur l'abonnement génère des revenus récurrents mensuels
  • Une forte demande d'expansion vers d'autres marchés au Canada et aux États-Unis
  • Les clients actuels ont une présence nationale ou nord-américaine, facilitant une croissance rapide dans de nouvelles villes

RESAAS Services Inc. (TSXV: RSS, OTCQB: RSASF) hat die Erweiterung seiner RESAAS Commercial Data Exchange (CODE) Plattform mit der Hinzufügung mehrerer gewerblicher Vermieter angekündigt. Nach einer erfolgreichen Pilotphase mit CBRE in Vancouver hat RESAAS CODE nun die volle Kommerzialisierung erreicht. Die Plattform ermöglicht es gewerblichen Immobilienmaklern, Immobilien Daten sicher mit Dritten zu teilen.

Wichtige Highlights:

  • Drei große nationale Bürovermieter sind RESAAS CODE beigetreten
  • Vermieter stellen Verfügbarkeitsdaten bereit, die RESAAS CODE verarbeitet und mit den Makler-Kunden teilt
  • Das abonnementsbasierte Modell generiert monatliche wiederkehrende Einnahmen
  • Starke Nachfrage nach Expansion in weitere Märkte in Kanada und den USA
  • Aktuelle Kunden haben eine nationale oder nordamerikanische Präsenz, die ein schnelles Wachstum in neue Städte erleichtert
Positive
  • Successful completion of pilot phase and full commercialization of RESAAS CODE
  • Addition of multiple commercial landlords to the platform
  • Generation of monthly recurring revenue through subscription-based model
  • Strong demand for expansion into additional markets
  • Potential for rapid growth into new cities due to customers' national/North American footprint
Negative
  • None.

VANCOUVER, BC, Oct. 9, 2024 /PRNewswire/ - RESAAS Services Inc. ("RESAAS") (TSXV: RSS) (OTCQB: RSASF), a leading provider of technology solutions for the real estate industry, today announced the expansion of RESAAS Commercial Data Exchange (CODE) with the addition of multiple Commercial Landlords joining the Platform.

RESAAS CODE was launched in August, enabling Commercial Brokerages to securely share their Real Estate Data with third-parties via RESAAS. CBRE was the first Brokerage announced to use RESAAS CODE during its Pilot phase in Vancouver

With the Pilot phase successful and now complete, RESAAS CODE has reached full Commercialization.

"Achieving Product-Market Fit so quickly following the launch of the Pilot is an important milestone and strong indicator of future growth," said Tom Rossiter, CEO of RESAAS. "Rethinking how Data is shared within Commercial Real Estate has attracted significant attention, from both the Brokerage community and Commercial Owners and Landlords. RESAAS is proud to announce the addition of Commercial Data from three major National Office Landlords to RESAAS CODE."

Multiple Commercial Owners and Landlords now provide RESAAS CODE with their availability data. RESAAS CODE securely receives, organizes, transforms and shares this Data with Brokerages customers. Brokerage and Landlord customers subscribe on an annual basis to access RESAAS CODE, generating monthly recurring revenue for the Company.

"RESAAS has received strong demand from customers to expand quickly into additional markets across Canada and into the United States," continued Rossiter. "Our current Customer base, across both Brokerage and Landlord, all have a National or North-American footprint, enabling RESAAS CODE to grow into additional cities quickly and efficiently."

About RESAAS Services Inc.

RESAAS is an award-winning technology company serving the Real Estate Industry, uniting all Real Estate Brokerages and Agencies in one Global, Centralized Industry Platform.

Over 600,000 RESAAS Agents in 160 countries have access to unique Real Estate Data, providing access to qualified international referrals and Coming Soon listings only available inside RESAAS. 

Some of Real Estate's largest organizations leverage RESAAS to provide Business Intelligence, new business opportunities, and real-time industry-wide communication. For more information, please visit www.resaas.com.

Disclaimer

The TSX Venture Exchange has neither approved nor disapproved the contents of this news release. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

The statements made in this news release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from RESAAS Services Inc.'s expectations and projections.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/resaas-code-expands-with-addition-of-multiple-commercial-landlords-302271924.html

SOURCE RESAAS Services Inc.

FAQ

What is RESAAS CODE and when was it launched?

RESAAS CODE (Commercial Data Exchange) is a platform that enables commercial brokerages to securely share real estate data with third parties. It was launched in August 2024.

How many major national office landlords have joined RESAAS CODE?

Three major national office landlords have joined RESAAS CODE, providing their availability data to the platform.

What type of revenue model does RESAAS CODE use?

RESAAS CODE uses a subscription-based model, where brokerage and landlord customers subscribe on an annual basis, generating monthly recurring revenue for the company.

Which company was the first to use RESAAS CODE during its pilot phase?

CBRE was the first brokerage announced to use RESAAS CODE during its pilot phase in Vancouver.

What are the stock symbols for RESAAS Services Inc. (RSASF)?

RESAAS Services Inc. trades on the TSX Venture Exchange under the symbol RSS and on the OTCQB under the symbol RSASF.

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