Real Estate & Construction  February 1, 2017

IRES declines offer to be acquired by REcolorado

 

LOVELAND — Information Real Estate Services Inc., a regional multiple-listing service for Northern Colorado, on Monday declined an unsolicited offer to be acquired by REcolorado, an MLS based in Greenwood Village.

Terms of the offer, presented Dec. 7, were not disclosed.

Loveland-based IRES and REcolorado were embroiled in a spat in 2015 over data that was supposed to be shared between the two listing services.

“The majority of our consideration of this offer focused on the ultimate impact on our customers,” said Lauren Hansen, IRES’ chief executive. “We welcome input from…

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