SANTA BARBARA, CA - Yardi Systems today announced the acquisition of Real Estate Electronic Publishing Company Inc. (REEPCO). Headquartered in San Diego, REEPCO owns and operates InternetCrusade® (IC), a national technology training organization for real estate professionals, and RealTown® (www.realtown.com), the industry's oldest online real estate community. In 2001, IC created the National Association of Realtors' exclusive Technology Certification Program, which has provided online technology education to more than 65,000 NAR members. IC and RealTown also manage numerous online communities and offer such productivity tools as e-mail and domain services to real estate professionals.
Source: Yardi Systems
REEPCO's entire management team and employee population will remain with the company and operate from its San Diego offices.
"With access to REEPCO's sales channels, publishing and content syndication resources and educational training infrastructure, this acquisition will make many of our new products available to a large number of real estate professionals," said Anant Yardi, president of Yardi.
Yardi Systems has been committed to the design, development and support of real estate investment management and property management software for nearly 30 years. With its Yardi Multifamily Suite™, Yardi Commercial Suite™ and Yardi Investment Suite™, the Yardi Voyager™ system is the most comprehensive single real estate management platform on the market today. Yardi serves clients around the world from offices in Asia, Australia, Europe and North America.
REEPCO, established in 1995, is best known under the industry trusted InternetCrusade® (IC) brand. IC owns and operates the oldest online real estate community, RealTown (www.RealTown.com), and is recognized for its national broker and agent training infrastructure, having delivered more than 3,600 live technology training programs in the U.S. and Canada. IC created and operated the National Association of Realtors' exclusive Technology Certification Program (e-PRO®) between 2001 and 2010. The company also created NAR's Web 2.0 & Social Media Course in 2009.