Compass Inc. has entered a definitive agreement to acquire Glide Labs Inc., a real estate transaction management platform company. Glide provides real estate agents with transaction management tools such as digitization of key forms, eSignature and digital disclosures.
Joseph Sirosh, Compass chief technology officer, said, “The Glide team has built a seamless software solution that has attracted tens of thousands of real estate agents in California, including many Compass agents who love the service. Their products have an excellent track record of saving time, reducing risk, and simplifying every step of the offer process — and of course, making complex tasks seem effortless for agents and their clients.”
“Glide remains committed to being a trusted and open platform available to all agents across the industry. We are excited to invest in Glide, expand Glide to states across the country, and add new features and functionality for all agents,” said Greg Hart, Compass Chief Product Officer.
“Glide was founded to make real estate transactions faster, simpler and trusted for every agent and client,” said Sebastian Tonkin, Glide co-founder and CEO. “We share Compass’ vision for the future of real estate and are excited to work together to bring cutting-edge technology to the entire industry.”